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.

What Will Drive Further Fintech Innovation In Real Estate In 2020?

By Mark Fleming on February 7, 2020

The 2019 housing market turned out to be surprisingly strong, driven by a variety of favorable dynamics. Millennial-driven, first-time home buyer demand continued to rise, the economy reached its longest expansion in U.S. history in the third quarter of 2019, and rising wages pushed household incomes higher. Mortgage rates, which began their...

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Topics: Real Estate Sentiment Index fintech eClosing Remote online notarization

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...

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