Tag Archives: seasonally adjusted annualized rate (SAAR)

In a new blog post, First American Chief Economist Mark Fleming explains that " “mortgage rate stability, even if the stabilization occurs at a higher level, is the key to a housing recovery.”

Housing starts fell further than anticipated in July, as multi-family becomes a bright spot with builders adapting to a growing rental 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.