Home / Tag Archives: Mark Fleming

Tag Archives: Mark Fleming

Home Price Index Up 60% Annually

“But real estate is local, and there are markets where annual price growth isn’t just slowing, but prices are falling from recent peaks,” said Mark Fleming, Chief Economist at First American Financial Corporation.

Read More »

Is the ‘Great House Price Moderation’ Here?

A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June 2022 which saw a moderating of prices across the board.  Specifically, the ...

Read More »

Is a Housing Market Normalization Upon Us?

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 ...

Read More »

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.

Read More »

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.  ...

Read More »

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 ...

Read More »

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 ...

Read More »