Tag Archives: potential home sales model

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

According to Chief Economist Mark Fleming, if inflation decelerates toward the Fed’s target range in the second half of 2023, as is currently expected, it’s possible that mortgage rates may decline modestly in the latter half of the year.

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 ...

  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.

"You can’t buy what’s not for sale, even if your buying power says you can afford it,” notes First American Chief Economist Mark Fleming on the latest potential existing-home sales report.

A modest push in sales was overshadowed by a market that remains tight on inventory.

An expert looks at the trends that are likely to increase the potential for home sales this spring and the factors that could hold them back.

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.