First American Blog - The First Word

Welcome to First American’s blog featuring highlights on home ownership and title insurance. Please also be sure to visit and subscribe to our Innovation Center Blog, our Caring for Our Community Blog and our Economic Center Blog.

Rate of Foreclosures Drops in Two-Thirds of Major Metros

Although the nation's housing market is a long way from recovering fully from the recession of the late 2000s, several indicators suggest that significant progress was made during the third quarter of 2012. In addition to improving in basic measurements of health like property values, the housing market has also seen a large reduction in the...

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Topics: Economy Industry News Housing

Go Slow With a Home Purchase

The process of buying a home is typically long and involved, and many people who enter it are anxious to get it over with as soon as they can. Whether they are pressured by time concerns or simply anxious to start life in their new home, many buyers look for ways to accelerate the process. However, with such an important process, most experts...

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Topics: Homebuyer and Seller Education New Home Buying

How to Know When It Is a Good Time to Sell Your Home

Many factors are involved in deciding whether it is the right time to sell your house: the condition of the property, the state of your neighborhood and, of course, whether it's a good time for you and your family to move to a new location. However, perhaps even more important than any of these factors in determining whether to list your home is...

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Topics: Homebuyer and Seller Education Economy

Mortgage Closing Terms Every Buyer Should Know

When the housing crisis and economic recession hit, it put many prospective homebuyers’ plans on hold, forcing those considering purchasing a home into the rental market. Now, as the economy continues to improve, some of those renters are looking to own.

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Topics: Homebuyer and Seller Education New Home Buying

Five Steps to Purchasing Your First Home

There are many reasons why the real estate market may be somewhat appealing to some right now. For the first time since the recession, there has been steady and consistent growth that has investors cautiously optimistic about getting back into the market. With additional government tax incentives for first-time buyers and a significant portion of...

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Topics: Title Insurance Homebuyer and Seller Education New Home Buying

Improving Markets Index Remains Strong in May

The list of housing markets showing measurable and sustained improvement held virtually unchanged in May at 100, down from 101 in April, according to the National Association of Home Builders/First American Improving Markets Index (IMI). The number of states represented on the list also held firm from the previous month, at 35 (including the...

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Topics: Economy Housing