Tag Archives: Market Potential

A new Housing Perspectives Blog post by Mark Fleming, the Chief Economist for First American Financial Corporation and the lead of First American’s Decision Sciences Team, focused on housing market potential and the lock-in effect.

“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 ...

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.  ...

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 ...

While TRID may have slowed down existing-home sales in November, the regulatory shock on the housing market is likely to be temporary.