For prospective buyers who have been waiting on the sidelines, the housing market is finally starting to listen, First American Chief Economist Mark Fleming writes.
Tag: First American
Pending Home Sales Dip 0.4% in July
Pending home sales decreased by 0.4% in July but are up 0.7% compared to a year ago, the National Association of Realtors reported.
Setting the Stage for a New Real Estate Cycle
First American deputy chief economist Odeta Kushi says the housing market may be on a slow, steady march toward balance.
A ‘No-Bust’ Scenario for National House Prices
Not every housing boom ends in a housing bust, First American Deputy Chief Economist Odeta Kushi writes.
Housing Cost Burden Reaches Decade-Long Peak, Squeezing Those Starting Out and Those Staying Put
Affordability pressures are especially concentrated among those just starting out and those trying to remain in their homes later in life, First American’s Sam Williamson writes.
Single-Family Housing Starts Dip; Multifamily Starts Jump
Housing starts ticked upward in June, driven by a sharp jump in multifamily starts as single-family starts fell compared to May.
Incentives, Inventory and the Tale of Two Housing Markets
Odeta Kushi, deputy chief economist at First American, looks at new home sales compared to existing home sales.
Housing Starts Plummet to Five-Year Low
Housing starts plummeted 10% in May to their lowest level since 2020, the U.S. Census Bureau reported Wednesday.
Peak Homebody Era is Pummeling the Housing Market
There is a strong relationship between the median length of time people stay in their home and sales activity, First American’s Odeta Kushi writes.
Southern Discomfort: Weather, Economic Headwinds Drive Home Insurance Premiums Through the Roof
First American Senior Economist Sam Williamson examines the explosion in homeowners’ insurance costs and highlights areas where costs have increased the most.