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.

The Unexpected Surprise Boosting Demand And Supply In 2019

By Mark Fleming on June 18, 2019

In late 2018, many experts believed the housing market in 2019 would behave very similar to the 2018 housing market, characterized by rising demand for homes and limited supply driving house price appreciation, while mortgage rates continued their steady ascent. Then, December 2018 brought a sudden drop in mortgage rates, a decline which has...

Read More

Topics: Housing Interest Rates Millennials Real Estate Sentiment Index

Will Fintech Adoption Among Real Estate Professionals Accelerate In 2019?

By Mark Fleming on November 27, 2018

Throughout 2018, we’ve seen many trends that set the groundwork for the acceleration of financial technology (fintech) adoption. It has been a strong seller’s market across the top U.S. metropolitan areas. With inventory low and house prices at historic highs, prospective home buyers felt pressured to settle deals quickly before opportunities...

Read More

Topics: Housing Interest Rates Real Estate Sentiment Index fintech eClosing Remote online notarization chat bots

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

Topics: Housing Millennials Real Estate Sentiment Index Insider

Will The Tax Code Changes Influence House Prices Or Market Supply And Demand?

By Mark Fleming on March 13, 2018

The impact of the new tax code on the housing market has been heavily studied and debated in academic, policy and political circles, with most agreeing that the changes remove any significant tax differences between homeowners and renters for the majority of U.S. households. But, what do the people handling real estate transactions every day...

Read More

Topics: Real Estate Sentiment Index Affordability Insider

Outlook For Real Estate Rises Despite Supply Constraints

By FirstAm Editor on December 12, 2017

We invite you to browse the fourth quarter 2017 First American Real Estate Sentiment Index, which is based on a quarterly survey of independent title agents and other real estate professionals, providing a unique gauge on the real estate market using the crowd-sourced wisdom and expertise of real estate experts.

Read More

Topics: Real Estate Sentiment Index

We Crowd-Sourced The Reason For Housing Supply Shortages

By Mark Fleming on September 15, 2017

We’ve said it before and we’ll say it again – the shortage of houses on the market is making it difficult for Americans to find homes to buy, which is especially concerning for the Millennial first-time home buyer. There are many possible reasons for the housing supply shortage, ranging from fear of paying a higher mortgage rate to insufficient...

Read More

Topics: Housing Real Estate Sentiment Index Insider