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

Millennials Homeownership Progress Index

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

Millennials Homeownership Progress Index

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

Housing Millennials Affordability

Can you Spring Break into Homeownership?

By Mark Fleming on March 16, 2017
Spring break is fast approaching, that playful time of year when beach cities are inundated with college students and tourists. As housing economists, spring break is exciting because it coincides with the beginning of the spring home buying season! While we may not seem to have much in common with the college crowd, there is an underlying ... Read More

Millennials Education Homeownership Progress Index