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 ›
REconomy Podcast: What’s Driving the Shift in the Housing Market Today, Supply or Demand?
REconomy Podcast: Will Rising Mortgage Rates Slow the Housing Market?
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 ›
REconomy Podcast: What Does the Rush to Suburbia Mean for Real Estate?
In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the dynamics influencing the second coming of suburbia and the implications for the broader real estate economy. Read More ›
REconomy Podcast: Deflation in the Housing Market? Let Us Explain.
In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how inflation in owner-occupied housing is measured and why an argument can be made that the long-run trend in housing cost has been deflation, not inflation. Read More ›