According to First American’s Chief Economist, two major hurdles stand in the way of homebuyers and affordable homes. Click through to find out what those obstacles are.
Read More »Higher Education Proving Strong Contributing Factor for Millennial Homeownership
The latest analysis from First American Financial revealed that millennials are the most educated generation in American history, with nearly 40% possessing a bachelor’s degree or more, as those with higher education remain more likely to obtain homeownership.
Read More »Elevated Purchase Demand Fueling Housing Market Potential
First American Financial Corporation has released the First American’s proprietary Potential Home Sales Model for the month of August 2022. The Potential Home Sales Model measures what the ...
Read More »Potential Home Sales Model Reports Slowing Sales
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 ...
Read More »Location, Location, Location: In Search of Affordability
An economist for First American digs into research on where the average-earning American can still find affordable housing.
Read More »Trying to Find a Post-Pandemic Norm
Potential is defined as the latent ability for a thing to develop into something bigger in the future. Currently, the housing market is trying to find a new ...
Read More »More Homebuyers Taking up ARMs
Mark Fleming, Chief Economist at First American, explains why current conditions mean adjustable-rate mortgages “could be a game-changer for many first-time homebuyers."
Read More »Affordability Plummets in All Regions
Real house prices increased 45.6% between April 2021 and 2022, while consumer house-buying power, decreased 8.75% between March 2022 and April 2022.
Read More »Real House Prices Increase Nearly 33% YoY
First American Financial Corporation released the March 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted ...
Read More »First American Completes Acquisition of Mother Lode Holding
First American Financial Corporation announced the completion of their acquisition of Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial ...
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