Tag Archives: Potential Home Sales

Housing market potential increased in November-December 2022 but remains lower than it was in December 2021.

“The higher the mortgage rate, the more sellers will go on strike and the more potential buyers will feel the impact of reduced house-buying power, but price appreciation will further slow and potential buyers can use adjustable-rate mortgages to regain some of that lost house-buying power,” said Mark Fleming, First American’s Chief Economist.

  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 ...

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 ...

According to First American Chief Economist Mark Fleming, rising rates may cool house price appreciation, and bring a new norm to the market.

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.

Click through to see how COVID-19 is impacting potential home sales and how this compares to the Great Recession.

Insight on a new report adds that first-time buyers may find it harder to be approved for credit. Click through to find out why.

According to a recent report, home prices increased year over year, but lagged behind previous year’s increases. Additionally, potential existing-home sales increased, underperformed their potential.

The market for existing-home sales continues to underperform, with the potential gap broadening as first-time homebuyers navigate supply shortages and struggle with affordability.