Economic Center Blog
Welcome to the First American Economic Center Blog, a top source for the latest housing market research and analysis driven by Chief Economist Mark Fleming.

How "Renter" Millennials Will Transform The Housing Market

By Odeta Kushi on December 10, 2018

Millennial demand for homeownership was one of the biggest trends influencing the housing market in 2018. Households under 35 years old contributed the most to overall homeownership growth in the third quarter of 2018, with millennial homeownership rising 1.2 percentage points from last year. This trend shows no indication of reversing in 2019....

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Topics: Millennials, homeownership, Homeownership Progress Index, Insider

Interview On CNBC: Discussing The New Normal For The Housing Market

By FirstAm Editor on November 23, 2018

First American Chief Economist Mark Fleming was interviewed on CNBC earlier this week and discussed the current dynamics at play in the housing market where rising mortgage rates have impacted both supply and demand.

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Topics: Housing, In The News, Interest Rates, Affordability, Millennials

Interview On CNBC: Discussing The Impact Of Rising Rates On Affordability And Home-buying Demand

By FirstAm Editor on October 5, 2018

First American Chief Economist Mark Fleming was interviewed on CNBC yesterday and discussed the impact of rising interest rates on affordability and home-buying demand.

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Topics: Housing, In The News, Interest Rates, Millennials, Affordability

Interview On CNBC: Discussing The Housing Market’s Potential Shift Toward A Buyer’s Market

By FirstAm Editor on September 21, 2018

First American Chief Economist Mark Fleming was interviewed on CNBC earlier this week and discussed the housing market’s potential shift toward a buyer’s market and the challenges facing the market: affordability and interest rates.

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Topics: Housing, In The News, Interest Rates, Millennials, Affordability

Interviews On CNBC: Discussing Rising Mortgage Rates, House Price Appreciation, Millennial Demand And Lack Of New Home Construction

By FirstAm Editor on August 24, 2018

First American Chief Economist Mark Fleming was interviewed on CNBC earlier today as well as last Friday, August 17 and discussed how rising mortgage rates, house price appreciation, millennial demand and a lack of new homes may be squeezing affordability.

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Topics: housing starts, In The News, Interest Rates, Millennials, New Home Buying, Affordability

Interview On CNBC: Explaining The Shortage Of Supply In The Housing Market And Demographic Wave Of Demand

By FirstAm Editor on August 1, 2018

First American Chief Economist Mark Fleming was interviewed yesterday on CNBC and discussed housing supply and demand, affordability and challenges facing new home builders.

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Topics: Housing, Affordability, In The News, Interest Rates, Millennials

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