Market Potential Continues Slide in January as Higher Rates Reduce Supply

By Mark Fleming on February 21, 2017
First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales model with analysis of housing market trends in January 2017. Read More

Housing Interest Rates

Infographic - Why Did Market Potential Pull Back in December?

By FirstAm Editor on January 24, 2017
The infographic below provides some additional perspective on the market forces influencing First American Chief Economist Mark Fleming's proprietary Potential Home Sales model in December 2016. Read More

Housing

Rising Mortgage Rates Dampen Market Potential in December

By Mark Fleming on January 23, 2017
First American's proprietary Potential Home Sales model examines December 2016 data and includes analysis from Chief Economist Mark Fleming on the impact of rising rates amid growing demand and limited inventory. Read More

Housing

Rising Mortgage Rates Expected to Cool Market Potential In 2017

By FirstAm Editor on December 19, 2016
First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales model for November, with analysis of the housing market's overall health. Read More

Housing

What a Difference an Election Makes

By Mark Fleming on December 13, 2016
What a difference an election makes. Since the election, we have seen a pronounced increase in the popular 30 year-fixed mortgage rate. In the words of Federal Reserve Chairman Janet Yellen, financial markets expect that expansionary fiscal policy will accelerate U.S. economic growth and increase inflation. As a result, the 30-year fixed mortgage ... Read More

Housing Interest Rates Real House Price Index Federal Reserve

Lack of Affordable Inventory Keeps Market Below Potential

By Mark Fleming on November 21, 2016
October 2016 Potential Home Sales Read More

Housing