Items Tagged with 'First American'

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Why isn't Freddie Mac on board with all these rosy outlooks?

Latest housing numbers prove robust, so what gives?
Clearly, the housing market is doing just fine. Read the latest Case-Shiller. Housing pretty much recovered. And Ten-X, too. Home sales increased in January. Don’t forget Black Knight. Home prices are so close to a new peak. So why isn't Freddie Mac on board with all these rosy, housing outlooks?
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First American: Rising interest rates finally takes toll on home affordability

Houses still remain pretty affordable, though
Affordability took a hit in November, according to First American, which tracks what it calls “real house prices.” But while real home prices saw an uptick for the month, reversing a six-month trend, First American’s chief economist explains home prices are still at their most affordable point in nearly two decades.
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3 interest rate hikes in 2017? Not a chance

New American exec explains why
The real estate industry is buzzing about the possibility of three interest rate hikes during 2017, but one expert says it will never happen. New American Funding’s executive vice president of capital markets explains that the U.S. economy is not in a position to sustain increasing interest rates.
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First American predicts rate increase to bring cool-down in 2017

Home sales for November are up, but not at full potential
Contrary to the generally upbeat tone of the rest of the market, First American predicts that existing home sales will cool off in 2017. The increase in mortgage rates will also create a cooling down in home prices. However, there is still one factor that could change the housing market’s current course.
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Here’s the real danger to the recovering housing market

First American explains new construction’s future role in housing
As interest rates increase, experts look at what that will mean for the future of the housing market, and what changes are coming in 2017. First American’s senior vice president and chief economist talks about some of the dangers, especially for first-time buyers.
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First American: Our property ownership database now covers 100% of nation

Boasts first all-America coverage through DataTree
Last year, First American Financial launched a new property research website, boasting that DataTree would be the “fastest, most comprehensive and easiest to use property research solution on the market.” At the time, First American claimed that DataTree would include 99% of U.S. housing stock. But 99% wasn’t enough for First American.
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Look out housing, Millennials are about to take over

It’s just a matter of time, according to new First American data
Millennials are the largest living population on this planet, and they may be better positioned than any other generation for homeownership. Why? Actually, it could be the very thing holding them back right now that drives them forward later.
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Economist: Home price gains aside, housing is still really affordable

Mark Fleming tells all at MBA Conference
Home prices are going up, with some markets already hitting housing boom peaks, but that doesn’t mean affordability is strained. According to First American’s chief economist, real home prices are actually far below housing boom levels, and much more affordable. Here’s the latest from what housing experts are saying in Boston.
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First American acquires TD Service Financial Corp.

TD Service founder Dale Dykema retiring after leading company since 1964
For the first time in more than 50 years, someone other than Dale Dykema is about to lead TD Service Financial Corporation, as First American Financial Corporation announced plans to acquire California-based TD Service and several of its subsidiaries. As part of the deal, Dykema will retire from TD Service, ending his tenure at the company he founded in 1964.
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