The REconomy Podcast™: Should You Rent or Buy a Home Right Now?

By FirstAm Editor on September 14, 2023

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the timeless, yet extremely timely question – to be or not to be a homeowner? Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Breaking Down the Mortgage Rate Spread and What it Means for Mortgage Rate Trends

By FirstAm Editor on August 31, 2023

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine why mortgage rates have drifted higher by breaking down the components of the spread between the average 30-year, fixed mortgage rate and the 10-year U.S. Treasury yield, explaining how each component is ... Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Why U.S. Homeowners Have a Big Advantage in a Rising Mortgage Rate Environment

By FirstAm Editor on August 17, 2023

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine how mortgage loan products are structured in other countries and compare them to the prevailing mortgage loan product in the U.S. – the 30-year, fixed-rate mortgage. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: What is a Housing Recession and is the U.S. in One Now? (Part 2)

By FirstAm Editor on August 3, 2023

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi share their new housing recession model that provides a data-driven definition of a housing recession, look back at the history of housing recessions, and discuss whether or not we’re in a housing recession today. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: The Dynamics Re-Shaping Commercial Real Estate - The Business of Space

By FirstAm Editor on July 13, 2023

In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Senior Commercial Real Estate Economist Xander Snyder discuss the commercial real estate market, explaining the dynamics that are fundamentally re-shaping the ‘business of space.’ Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Why it Matters That Millennials Have Closed the Homeownership Gap

By FirstAm Editor on June 29, 2023

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the history of homeownership in the U.S., the impact of homeownership on wealth creation, and current demographic-driven trends influencing homeownership and the housing market. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Why Homebuilders Have an Advantage in Today’s Housing Market

By FirstAm Editor on June 15, 2023

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the differences between the existing-home market and the new-home market, explaining why homebuilders have an advantage as they sell their homes in today’s environment. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Where is Housing Affordability for First-Time Home Buyers Headed?

By FirstAm Editor on June 1, 2023

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the economic forces influencing housing affordability trends and what that means for first-time home buyers with Economist Ksenia Potapov. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Where are Mortgage Rates Headed and What Makes them so Hard to Forecast?

By FirstAm Editor on May 18, 2023

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss why mortgage rates are notoriously difficult to forecast and how post-pandemic dynamics are influencing the direction of mortgage rates in 2023. Read More

Housing Interest Rates Affordability REconomy

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