Crowd-Sourced Title Agent Projections More Accurate than Many Economic Forecasts

By Mark Fleming on October 21, 2016
It has been a full year since our proprietary Real Estate Sentiment Index (RESI) first shared title agents’ predictions for price growth and other key metrics across property types for the year ahead. So, with a full year of data, the time is right to ask the question: how accurate is the wisdom of the crowd? In a post late last year, we discussed ... Read More

Housing Real Estate Sentiment Index Affordability

Optimism for growth in real estate transactions improves substantially over last quarter

By FirstAm Editor on June 21, 2016
We invite you to browse the second quarter 2016 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues. In 2016, the survey has also tracked title agent sentiment regarding the implementation of the Know-Before-You-Owe rule, also referred to as the TILA-RESPA ... Read More

Interest Rates Real Estate Sentiment Index Federal Reserve

Title agent expectations for real estate market transactions weaken in the first quarter, according to Q1 2016 Real Estate Sentiment Index

By FirstAm Editor on March 22, 2016
We’ve posted the first quarter 2016 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues. It’s based on a quarterly survey of independent title agents that do business with First American. More than 4,000 title agents from 50 states have participated in the first ... Read More

Real Estate Sentiment Index

Infographic – Q4 2015 Real Estate Sentiment Index

By FirstAm Editor on January 15, 2016
The fourth quarter 2015 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues, is based on a quarterly survey of title agents that do business with First American. In fact, more than 3,000 title agents from 50 states have participated in the first two editions of the ... Read More

Interest Rates Real Estate Sentiment Index

The Wisdom of the Crowd: Myth or Reality?

By Mark Fleming on December 22, 2015
How much does a cow weigh? Penelope the cow, to be specific. A seemingly simple question, with an answer that gives credit to the notion that aggregation of information in groups results in more accurate information than independent prediction. This particular question was posed by Planet Money to over 17,000 people of diverse ages and ... Read More

Interest Rates Real Estate Sentiment Index

Real Estate Sentiment Index: Title agents feel a Fed rate increase will impact first-time homebuyer demand most

By FirstAm Editor on December 8, 2015
We’ve posted the fourth quarter 2015 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues. It’s based on a quarterly survey of title agents that do business with First American. More than 3,000 title agents from 50 states have participated in the first two editions ... Read More

Interest Rates Real Estate Sentiment Index Federal Reserve