Items Tagged with 'Mark Fleming'

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First American top economist gets bullish on housing

Mark Fleming says housing market will reach higher in 2016
A top economist talks about how the housing market fell just short of its potential last year, but he is optimistic about 2016. Originally suggesting that 2016 would be the year in which rates begin normalization, the Fed is now much more likely to slow down the pace of rate normalization due to deterioration in global economic conditions.
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What will the looming Fed rate hike do to housing?

Impact expected to be felt by first-time homebuyers
It’s now less than a week until the next meeting of the Federal Open Market Committee, during which many analysts expect that the FOMC members will vote to raise the federal funds rate for the first time since June 2006. So what would be the impact of a Fed rate hike on housing?
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CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet
"While 32 straight months of year-over-year decline in the foreclosure rate is cause for celebration, the total number of homes still in the foreclosure process remains almost four times as high as the average in the early 2000s," said Mark Fleming, chief economist for CoreLogic.
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