The Struggle is Real for First-Time Homebuyers

By Mark Fleming on August 23, 2017
First American’s proprietary Potential Home Sales model examines July 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

What Caused Real House Price Growth to Cool in May?

By FirstAm Editor on July 24, 2017
First American’s proprietary Real House Price Index (RHPI) looks at May 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of wages and lower interest rates on consumer house-buying power – a brief reprieve from rising real house prices. Read More

Interest Rates Real House Price Index Income

What Caused Real House Prices to Decline for the First Time in 8 months?

By FirstAm Editor on June 26, 2017
First American’s proprietary Real House Price Index (RHPI) looks at April 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of wages and lower interest rates on real house prices. Read More

Interest Rates Real House Price Index Income

Here’s Why a Fed Rate Increase Does Not Matter to the Housing Market

By Mark Fleming on June 13, 2017
With the Federal Reserve Open Market Committee (FOMC) meeting to decide whether to increase the Federal Funds rate in just a few days, the potential for an increase in mortgage rates dominates the housing news and industry chatter. Yet, changes to the short-term rate matter little to the housing market. Read More

Interest Rates Federal Reserve

Supply Squeeze Sends Real House Prices Higher

By FirstAm Editor on May 25, 2017
First American’s proprietary Real House Price Index (RHPI) looks at March 2017 data and includes analysis from First American Chief Economist Mark Fleming on the continuing supply squeeze and its effect on real house prices. Read More

Interest Rates Real House Price Index Income

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