In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi field questions that are top of mind among REconomy listeners – what to expect from rising mortgage rates, the ongoing housing supply shortage, ballooning student loan debt and the future of office space. Read More ›

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why falling mortgage rates and rising income levels mean today’s soaring house prices are still significantly more affordable than they were at the peak of the housing boom in 2006. Read More ›

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain what causes mortgage rates to move up or down, and offers a mortgage rate forecast for the end of 2021. Read More ›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the question all potential first-time home buyers must answer, whether to rent or to buy, and explain how it’s possible for a home to pay you to live in it. Read More ›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the supply and demand dynamic in the housing market to explain why home sales are declining. Read More ›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the end of the foreclosure moratorium later this month is unlikely to trigger a tsunami of foreclosures. Read More ›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the economic concept of demand elasticity and why housing market demand tends to be inelastic in response to rising mortgage rates. Read More ›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi unpack the ‘wealth effect’ economic theory and explain why, despite soaring house prices, the wealth effect’s influence on the housing market may be limited. Read More ›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why today’s housing market is unlike the housing market that preceded the Great Recession and why we’re unlikely to see a housing market crash anytime soon. Read More ›