According to First American Chief Economist Mark Fleming, rising rates may cool house price appreciation, and bring a new norm to the market.
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Existing-Home Sales Rise 1.3% Month-Over-Month in July
"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.
Read More »Home Sales Creep Up Slightly Month-Over-Month
A modest push in sales was overshadowed by a market that remains tight on inventory.
Read More »Homebuying in Spring: Getting Past the “Performance Gap”
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.
Read More »Tight Supply Keeping Housing Market Below 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.
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