Items Tagged with 'Mark Fleming'

ARTICLES

  • Homeowners are staying put longer than ever before

    With a disincentive to move, they may just look for other ways to tap that equity
    Homeowners are staying in place longer than ever before, despite the growing amount of equity in their homes. A new report from First American reveals that the median tenure for homeownership has jumped to 10 years, up 10% from last year. But what will they do about all that untapped equity?
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  • Construction spending barely inches forward

    August is 6.5% above August 2017
    The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2018 was estimated at a seasonally adjusted annual rate of $1.319 trillion, only 0.1% above the revised July estimate of $1.317 trillion.
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  • Federal Reserve hikes interest rates again

    As expected, the Federal Reserve pushed rates up an additional .25% to stymie inflation
    The Federal Reverse raised interest rates for the third time this year, pushing rates up by .25% to 2.25%. Strong economic growth and a booming job market have led to the eighth rate hike since 2015, as the Fed tries to rein in the acceleration of inflation.
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  • First American: Home prices could be at tipping point

    New data indicates it might finally be time for the prices to start walking down
    Home prices may have finally reached their tipping point after increasing 11.4% year-over-year. According to First American’s Chief Economist Mark Fleming, home prices are in the beginning stages of correcting to demand.
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  • Housing inventory relief could be coming soon

    Residential construction labor rising
    Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing February’s housing starts and construction employment data, First American Financial Corp. found the housing inventory shortage could soon see relief.
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  • Monday Morning Cup of Coffee: Getting Millennials to buy housing is becoming a joke

    Plus, some hard hitting housing and economic reports
    CNBC reports getting a mortgage is about to get easier. But it's not. At least not with what the reporter is presenting. On the bonus side, it's becoming more and more common to come across funny ways Millennials are intersecting with the houses they don't own. All that and more in your weekly Monday Morning Cup of Coffee.
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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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