Tag Archives: First American Financial Corporation

First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted ...

House-buying power, or how much one can buy based on changes in income and interest rates, has decreased both month-over-month and year-over-year.

Venture and tech exec assumes new role focused on enhancing First American through strategic investments, partnerships, and mergers and acquisitions.

The fact that remote work is sticking around means homebuyers can leverage their newfound freedom if affordability becomes an issue.

The average U.S. home gained $1,800 in value between November and December 2021.

Former President Kenneth D. DeGiorgio shifts to role of CEO, replacing Dennis J. Gilmore, who will now Chair the company’s Board of Directors.

Lack of sufficient inventory combined with inflation and the threat of rising interest rates continue to put pressure on the market.

A new analysis from First American has found that home buyers continue to struggle to afford high listing prices amid a shrinking supply.

Declining affordability will cause some buyers to pull out of the market, but the current supply and demand war the market is currently experiencing will continue to put upward pressure on prices.

Loosening credit standards and historic house price appreciation are just two of the trends driving the market during a time of year when it traditionally sinks.