Wage Growth Contributes to Increased Affordability in Most Major Markets
By
FirstAm Editor on November 28, 2016
First American’s proprietary Real House Price Index (RHPI) looks at September 2016 data and includes analysis from First American Chief Economist Mark Fleming that includes comments on last week’s conforming loan limit increase.
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Buy, Buy Millennials!
By
Mark Fleming on November 7, 2016
A common narrative over the last several years is that Millennials are breaking with the habits of their parents when it comes to home buying. Millennials rent longer, live with their parents, and are burdened with student loan debt. In short, it would seem that for a variety of reasons they aren’t as interested in homeownership as their ...
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Bloomberg Radio Interview – Fleming says Housing is More Affordable
By
FirstAm Editor on October 26, 2016
First American Chief Economist Mark Fleming is interviewed on Bloomberg Radio to explain why housing is more affordable today than many people believe.
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Low Rates and Increased Wages Increase Affordability for U.S. Home Buyers in Almost All Major Markets
By
FirstAm Editor on October 25, 2016
First American’s proprietary Real House Price Index (RHPI) looks at August 2016 data and includes analysis from First American Chief Economist Mark Fleming that explains that counter to conventional wisdom, affordability for home buyers in many markets is increasing due to low interest rates and increasing wages.
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Affordability in Almost All Major Markets Continues to Improve in July
By
FirstAm Editor on September 26, 2016
First American’s proprietary Real House Price Index (RHPI) looks at July 2016 data and includes analysis from First American Chief Economist Mark Fleming the explains how rising incomes and low interest rates are contributing to increased affordability in most major U.S. markets.
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Business Insider Interview - 13 Markets Where Affordability is Declining
By
FirstAm Editor on August 26, 2016
Business Insider interviewed First American Chief Economist Mark Fleming on affordability and used First American’s Real House Price Index to develop a list of the top 13 markets where affordability is declining.
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