Tag Archives: Housing Market Potential

“The steep annual decline in market potential was largely a result of higher mortgage rates, which prevent both buyers and sellers from jumping into the market,” said Mark Fleming, Chief Economist for First American Financial Corporation.

Housing market potential sagged to its lowest point since May 2020 in September, falling from August to an estimated 5.38 million at a seasonally adjusted annualized rate.

First American Financial Corporation has released the latest Potential Home Sales Model for the month of July 2022, which uses proprietary data to measure what the healthy market level of home sales should be based on economic, demographic, and housing ...

According to First American Financial Corporation, the housing market strengthened on a modest basis in October saying that strong demand continues to push the market upwards.  First American, a company which offers title insurance, settlement services, and risk solutions for real estate transactions, released its Potential Home ...

Analysts say homebuying momentum was driven by the combined impact of lower mortgage rates and a continued increase in annual household income.