Will First-Time Home Buyer Demand Withstand Rising Rates?
By
Mark Fleming on June 12, 2018
Given the strong likelihood of rising mortgage rates in 2018, many savvy real estate market observers are curious how rising rates may impact demand, especially among millennial first-time home buyers. As part of our quarterly First American Real Estate Sentiment Index (RESI), we recently surveyed title insurance agents and real estate ...
Read More ›
Quoted on Forbes.com: Rising Rates Can Increase Housing Demand
By
FirstAm Editor on June 7, 2018
First American Chief Economist Mark Fleming was quoted Tuesday in a feature article on Forbes.com, explaining how rising rates can increase housing demand.
Read More ›
Housing In The News Interest Rates Millennials Affordability
Interview on CNBC: Explaining the Link Between Rising Rates, Housing Supply and Affordability
By
FirstAm Editor on May 18, 2018
First American Chief Economist Mark Fleming was interviewed yesterday on CNBC and explained the link between rising rates, housing supply and affordability.
Read More ›
Housing In The News Interest Rates Millennials Affordability
Busting the Myth of the Millennial Renter Generation
By
Mark Fleming on April 13, 2018
It’s a popular myth – the millennial generation is destined to be a generation of renters – avocado toast, anyone? With student loan debt burdens, the scars of the Great Recession, and limited housing supply, the myth is rooted in some real challenges for millennials. However, despite these challenges, millennials are not only interested in ...
Read More ›
What Are the Prospects for Future Homeownership Demand?
By
Mark Fleming on August 17, 2017
We’ve posted the annual First American Homeownership Progress Index (HPRI), which measures how a variety of lifestyle, societal and economic factors influence homeownership rates over time at national, state and market levels. The HPRI declined 0.4 percent year-over-year, and is down 6 percent from the pre-recession peak. Potential homeownership ...
Read More ›
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 ›
