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Tag Archives: Mark Fleming

More Homeowners Are Staying Put Longer

With the average length of time Americans remain in their home now exceeding 10.5 years, rising mortgage rates will continue to discourage existing homeowners from selling their homes and further curb migration, according to a report.

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Potential Home Sales Decrease on Monthly, Yearly Basis

First American Financial Corporation has released their latest iteration of the proprietary Potential Home Sales Model (PHSM) for April 2022 and found that potential existing-home sales decreased to a 5.74 million seasonally adjusted annualized rate (SAAR), a 3.0% month-over-month decrease.  ...

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Homes Are Statistically More Affordable Than They Were in 2006

First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for January 2022, which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest ...

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Real House Prices Increased 21.7% YoY in December

First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for December 2021, which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest rates, and home-buying power. The ultimate goal of this is to provide a clearer ...

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What Will Hold Back Home Sales?

Even as the spring homebuying season promises to be better for home sales than the previous few months, an expert takes a look at the factors that are likely to hamper sales from achieving their full potential.

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