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 The Time May Be Right For New Home Construction To Accelerate

By Odeta Kushi on November 8, 2019

Thus far in 2019, the story of the housing market has been a tale of strong housing demand and limited supply. On the demand side, steadily rising house-buying power has fueled greater demand. Falling mortgage rates and rising household income sparked a nearly 12.6 percent increase in house-buying power year to date through September. The...

Read More

Topics: Housing New Home Buying housing starts

Interview On CNBC: Discussing The Impact Of Declining Mortgage Rates And Limited Supply On The Housing Market

By FirstAm Editor on March 27, 2019

First American Chief Economist Mark Fleming was interviewed on CNBC on Tuesday and discussed how the decline in mortgage rates over the last few months and continued tight housing supply are likely to impact the housing market.

Read More

Topics: Housing New Home Buying In The News Interest Rates 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.

Read More

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