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.

Why Educated Millennials Still Hold the Key to Future Homeownership Demand

By Odeta Kushi on October 10, 2022

The fall usually marks the beginning of the school year, seasonally cooler weather and a seasonally cooler housing market. But, this year, the housing market’s typical autumn slowdown is more pronounced as rapidly rising interest rates discourage buyer... Read More›

Millennials Education Homeownership

Millennials Continued to Drive Homeownership Demand in 2021

By Odeta Kushi on July 6, 2022

In 2022, National Homeownership Month arrived in June as the housing market adjusts to ... Read More›

Housing Millennials Homeownership Progress Index Homeownership

What’s the Outlook for the Housing Market in 2022?

By Odeta Kushi on December 20, 2021

At first glance, the outlook for the 2022 housing market is a familiar one – strong millennial demand for homes constrained by an ongoing, historic housing supply shortage. This supply-demand imbalance generated the record house price appreciation seen... Read More›

Housing Interest Rates Millennials Affordability

Does Greater Educational Achievement Increase the Likelihood of Homeownership?

By Odeta Kushi on October 14, 2021

We’re often told that education is the key to a more secure financial future. Most people spend at least 12 years of their lives as students and even more if they pursue higher education. But does more education equate to increased earning potential? A... Read More›

Millennials Education Homeownership Progress Index Homeownership

Pandemic Accelerated 'Roaring 20s' of Millennial Homeownership Demand

By Odeta Kushi on June 29, 2021

National Homeownership Month takes on a new meaning this year, as the pand... Read More›

Housing Millennials Homeownership Progress Index Homeownership

Why the Student Loan Debt Burden is Overstated

By Odeta Kushi on November 19, 2020

Student loans are often cited as an insurmountable barrier to homeownership for young home buyers. It is true that student loan debt levels are higher today than a generation ago, but is it preventing potential home buyers from saving for a down paymen... Read More›

Millennials Education Homeownership