Streak of Consecutive Months with Rising Loan Application Defect Risk Reaches Seven

By FirstAm Editor on July 31, 2017
We’ve posted the June First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index increased 1.2 percent in June 2017 as compared with the previous month, and increased 16.7 percent as compared to June 2016. The ... Read More

Housing Fraud Mortgages Loan Application Defect Index

The Persistent Force Behind Lower Affordability

By Mark Fleming on July 20, 2017
First American’s proprietary Potential Home Sales model examines June 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential. Read More

Housing

When Does a Home Become a Prison?

By Mark Fleming on July 19, 2017
The housing market is suffering from a supply shortage, not a demand dilemma. As Millennial first-time homebuyer demand continues to increase, the inventory of homes for sale tightens. At the same time, prices are increasing, so why aren’t there more homeowners selling their homes? Read More

Housing

Housing Market Faces Dilemma as Millennial Demand Continues to Grow

By Mark Fleming on June 20, 2017
First American’s proprietary Potential Home Sales model examines May 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential. Read More

Housing Millennials Affordability

Market Potential Caught in the Crosswinds of Surging Demand and Tightening Inventory

By Mark Fleming on May 23, 2017
First American’s proprietary Potential Home Sales model looks at April 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential. Read More

Housing Interest Rates

Market Potential Remains Flat, But Is Tight Inventory Relief on the Way?

By Mark Fleming on April 19, 2017
First American’s proprietary Potential Home Sales model looks at March 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the market is performing versus its potential. Read More

Housing Interest Rates