Interviews on NPR and Forbes.com: Discussing Millennial Homeownership and the 2019 Spring Home Buying Season

By FirstAm Editor on February 6, 2019
First American Deputy Chief Economist Odeta Kushi provided perspective on millennial homeownership in an interview with National Public Radio and Chief Economist Mark Fleming’s expectations for the spring home buying season were featured in a Forbes.com article earlier this month. Read More

Housing In The News Interest Rates Millennials Affordability

Interviews on CNBC and Yahoo! Finance: Discussing the 2019 Mortgage Rate Outlook, Millennials and Student Debt, and Baby Boomers and Limited Housing Supply

By FirstAm Editor on January 18, 2019
First American Chief Economist Mark Fleming was interviewed on both CNBC and Yahoo! Finance earlier this week and discussed the outlook for mortgage rates in 2019, the impact of student debt on millennial first-time home buyers and how baby boomers aging in place is limiting housing supply. Read More

Housing In The News Interest Rates Millennials Affordability Baby Boomers

Blame The Homebodies: Why Are Homeowners Staying In Their Homes So Long?

By Mark Fleming on January 11, 2019
It’s been over six years since house prices hit their trough and the housing market bottomed out. Since then, house prices have recovered nationally and reached historic highs. The price recovery has most recently been driven by a supply shortage. The availability of homes for sale is running near historic lows because single-family housing ... Read More

Housing Homeownership Potential Home Sales

Interview on CNBC: Discussing the 2019 housing market outlook

By FirstAm Editor on January 4, 2019
First American Chief Economist Mark Fleming was interviewed on CNBC earlier this week and shared his perspective on today’s housing market and the outlook for 2019. Read More

Housing In The News Interest Rates Millennials Affordability

Will Homebuilders Deliver the Gift of More Housing Supply this Year?

By Mark Fleming on December 19, 2018
Yesterday, the Census Bureau released its Residential Construction report for November. Housing completions decreased 3.9 percent compared with last November and continue to fall short of the number of new housing units necessary to keep pace with household formation. Housing starts also decreased 3.6 percent in November compared with a year ago. ... Read More

Housing Housing Starts Homeownership

What Does an Inverted Yield Curve Mean for the Housing Market?

By Mark Fleming on December 12, 2018
Last week, the yield curve inverted, meaning the yield on short-run Treasury bonds exceeded the yield on long-run Treasury bonds, which prompted increased speculation that a recession may be on the horizon. The speculation is rooted in the historical correlation between yield curve inversions and recessions, which have occasionally followed one to ... Read More

Housing Affordability