The REconomy Podcast
Breaking Down the Limits of the Wealth Effect in Today’s Housing Market - EP 12

Breaking Down the Limits of the Wealth Effect in Today’s Housing Market - EP 12

May 13, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi unpack the ‘wealth effect’ economic theory and explain why, despite soaring house prices, the wealth effect’s influence on the housing market may be limited.

Is the Housing Market Heading for a Crash? - EP 11

Is the Housing Market Heading for a Crash? - EP 11

April 29, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why today’s housing market is unlike the housing market that preceded the Great Recession and why we’re unlikely to see a housing market crash anytime soon.

What Drives the Decision to Become a Homeowner?

What Drives the Decision to Become a Homeowner?

April 15, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain how the vast majority of potential home buyers reach the decision to become a buy a home and what that means for the housing market and homeownership rate moving forward.

Why Housing Affordability Should Be Viewed Through the Lens of Renters and Supply - EP 9

Why Housing Affordability Should Be Viewed Through the Lens of Renters and Supply - EP 9

April 1, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the key to measuring housing affordability is to determine whether a renter can afford to purchase a home, or more precisely how many homes they can afford to buy, if any.

Is the speed of sales sending mixed signals about housing inventory? - EP 8

Is the speed of sales sending mixed signals about housing inventory? - EP 8

March 18, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the housing market’s supply shortage ahead of the spring home-buying season and explain how the annual pace of home sales can be rising when there are so few homes for sale.

What does the GameStop frenzy and innovation in mortgage finance have in common? - EP 7

What does the GameStop frenzy and innovation in mortgage finance have in common? - EP 7

March 4, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how technology and innovation played a role in the recent GameStop stock market frenzy and what that phenomenon has in common with innovation in mortgage finance and the housing market.

Why Can’t We Build Enough Homes to Meet Demand? - EP 6

Why Can’t We Build Enough Homes to Meet Demand? - EP 6

February 15, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the headwinds home builders face as they try to ramp up new home construction amid today’s strong demand for housing and an historic housing supply shortage.

Why Rising Mortgage Rates Are Nothing to Fear - Ep 05

Why Rising Mortgage Rates Are Nothing to Fear - Ep 05

January 27, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss whether or not mortgage rates will rise in 2021 and provide historical perspective on how the housing market responded during previous rising mortgage rate eras.

What a Changing Labor Market Means for Housing - Ep 04

What a Changing Labor Market Means for Housing - Ep 04

January 13, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how long-term shifts in the U.S. labor market have been accelerated by the pandemic, and what that may mean for housing in the months and years ahead.

2021 Housing Market Outlook - Ep 03

2021 Housing Market Outlook - Ep 03

December 10, 2020

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain what has fueled the impressive housing market rebound from the pandemic-driven slowdown in the spring of 2020 and why the housing market remains on solid footing heading into 2021.