National Homeownership Month takes on a new meaning this year, as the pandemic has redefined the role of a home. A home is not just a dwelling or even just a vehicle for wealth creation, but also an office, a classroom, a daycare and even a gym. A home, now more than ever, has become a top priority for American households. The broadening role of ... Read More ›

One of the most closely watched indicators of inflation, the Consumer Price Index (CPI), jumped 4.2 percent year over year this April. This is a faster pace than most economists anticipated, and was a result of base effects, combined with the numerous supply chain bottlenecks driving up prices as the economy reopens. One of the most important ... Read More ›

More than a year into the pandemic, the housing market continues to run hot. The supply and demand imbalance brewing before the pandemic boiled over in the past year, resulting in record low levels of housing inventory and, consequently, the fastest pace of annual house price appreciation since 2005. With the arrival of the spring home-buying ... Read More ›

Following the rapid contraction in U.S. economic activity because of the outbreak of COVID-19, millions of Americans took advantage of payment suspension and mortgage forbearance programs. At the peak in June 2020, approximately 4.3 million homeowners were in forbearance plans. A year into the pandemic, and that number has declined to ... Read More ›

First American Deputy Chief Economist Odeta Kushi was interviewed on CNBC yesterday, discussing the outlook for housing affordability amid rising mortgage rates and expectations for the spring home-buying season. Read More ›

During Women’s History Month, it’s important to reflect on the progress that single women have made in achieving one of the main tenets of the American Dream - homeownership. According to our analysis of anonymized household-level survey data, following an overall decline in the homeownership rate among single women in the aftermath of the Great ... Read More ›