In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the Federal Reserve’s tools for providing “forward guidance" on the anticipated direction of the economy, interest rates and inflation, and share how to interpret the Fed’s signals regarding the year ahead. Read More ›
The REconomy Podcast™: What the Federal Reserve’s ‘Forward Guidance’ Means for the 2025 Housing Market
Housing Interest Rates Federal Reserve Affordability Mortgage Rates REconomy
The REconomy Podcast™: The Mysterious Metric that Moves Mortgage Rates
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the mysterious metric that moves mortgage rates – the neutral rate of interest – and what it is signaling for the housing market heading into 2025. Read More ›
Housing Interest Rates Affordability Mortgage Rates REconomy
The REconomy Podcast™: The Housing Supply Crisis – Why Can’t We Build More Homes?
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the history of homebuilding and the dynamics that have fueled our chronic housing supply crisis and explain the daunting challenges homebuilders face in trying to meet the demand for housing. Read More ›
The REconomy Podcast™: Understanding the Lifecycle of a Mortgage
In this episode of The REconomy Podcast™ from First American, the sixth in the Summer School series, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi trace the journey of mortgages, shedding light on how the U.S. stands out with its 30-year, fixed-rate mortgage, while exploring how this unique loan product shapes the ... Read More ›
The REconomy Podcast™: Cracking the Code of House Prices and Affordability
In this episode of The REconomy Podcast™ from First American, the fifth in the Summer School series, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dissect the various methodologies for measuring housing affordability and discuss why traditional measures often get it wrong. Read More ›
The REconomy Podcast™: What’s the Outlook for the 2024 Spring Home-Buying Season?
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dive into expectations for the 2024 spring home-buying season, discussing their outlook for sales, supply and price appreciation. Read More ›
The REconomy Podcast™: Where are Apartment Rents Poised to Fall in 2024?
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the outlook for apartment rents, examining how and why rents are changing and where rents may decline, with Senior Commercial Real Estate Economist Xander Snyder. Read More ›
The REconomy Podcast™: Tackling the Most Frequently Asked Questions Regarding Economic Trends Currently Impacting Real Estate (Part 1)
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi gather the entire First American Economics team to tackle the some of the most frequently asked questions they receive on the housing market, multi-family rent dynamics, mortgage rates, demographic trends and more. ... Read More ›
The REconomy Podcast™: Why the 1980s Offers the Best Comp for Today’s Housing Market
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi compare the dynamics of today’s challenging housing market with the housing market crash of the mid-to-late 2000s and the housing market of the early 1980s. Read More ›