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.
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Rising Rates and Strong Nominal Price Growth Halt Six-Month Run of Increasing Affordability
By
FirstAm Editor on January 30, 2017
First American’s proprietary Real House Price Index (RHPI) looks at November 2016 data and includes analysis from First American Chief Economist Mark Fleming on a shift in affordability as real house prices increased for the first time in six months.
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Affordability Improves Nationally Based on Wage Growth, Although Not for Many Major Markets
By
FirstAm Editor on December 26, 2016
First American’s proprietary Real House Price Index (RHPI) looks at October 2016 data and includes analysis from First American Chief Economist Mark Fleming on the impact of rising mortgage rates on consumer house buying power and affordability heading in to 2017.
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Real Estate Outlook Declines on Election Uncertainty and Heightened Expectations for Fed Rate Hikes
By
FirstAm Editor on December 21, 2016
We invite you to browse the fourth quarter 2016 First American Real Estate Sentiment Index, which is based on a quarterly survey of independent title agents and other real estate professionals, providing a unique gauge on the real estate market using the crowd-sourced wisdom and expertise of real estate experts.
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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 ...
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Wage Growth Contributes to Increased Affordability in Most Major Markets
By
FirstAm Editor on November 28, 2016
First American’s proprietary Real House Price Index (RHPI) looks at September 2016 data and includes analysis from First American Chief Economist Mark Fleming that includes comments on last week’s conforming loan limit increase.
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