In this episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explore the state of housing affordability through the lens of history and even the NFL. They compare affordability levels today with those from the late 1970s and early 1980s, revealing why the “cheaper” homes of the past weren’t ... Read More ›

In this episode of The REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi welcome back Senior Commercial Real Estate Economist Xander Snyder to discuss the shifting dynamics within the industrial real estate market. Net absorption for industrial turned negative for the first time in 15 years, a clear signal of a ... Read More ›

In this episode of The REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dig into the question on every potential home buyer’s mind, “where are mortgage rates headed through the end of the year?” Their conversation highlights why rates are not the only driver of market activity and explain the “dual lock-in ... Read More ›

In this episode of The REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi wrap up The REconomy Summer School series by diving into the findings of a recently published multi-part research series on the rising costs of living with special guest and research author, Senior Economist Sam Williamson. A variety of ... Read More ›

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi continue the REconomy Summer School series with a discussion of a possible solution to the housing affordability crisis. From easing zoning restrictions and regulatory hurdles to addressing financing challenges and ... Read More ›

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi continue season two of The REconomy Summer School series with an in-depth look at the supply side of the housing market, explaining the long-term structural shortage in the nation’s supply of housing and the challenges ... Read More ›

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi reconvene season 2 of The REconomy Summer School series with an in-depth discussion of the factors that drive the decision to buy a home – from lifestyle events like marriage, children, and career changes to economic ... Read More ›

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi call class back into session as they kick off season 2 of The REconomy Summer School with an in-depth look at the foundation of housing demand – household formation, who forms households and when, and what even counts ... Read More ›

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine growing concerns regarding the health of the housing market, finding that distress is rising and prices are declining in some markets, but the broader fundamentals underpinning housing remain strong. Read More ›