The REconomy Podcast
Why Labor Market Trends May Keep Mortgage Rates Near Record Lows Longer - EP 21

Why Labor Market Trends May Keep Mortgage Rates Near Record Lows Longer - EP 21

September 23, 2021

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why important labor market trends may influence the Federal Reserve’s decision to reverse its easy-money policies.

Are House Prices More Affordable than the Housing Boom Peak? - EP 20

Are House Prices More Affordable than the Housing Boom Peak? - EP 20

September 9, 2021

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why falling mortgage rates and rising income levels mean today’s soaring house prices are still significantly more affordable than they were at the peak of the housing boom in 2006.

What’s driving mortgage rates and where are rates headed? - EP 19

What’s driving mortgage rates and where are rates headed? - EP 19

August 26, 2021

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain what causes mortgage rates to move up or down, and offers a mortgage rate forecast for the end of 2021.

Should you rent or buy a home? - EP 18

Should you rent or buy a home? - EP 18

August 12, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the question all potential first-time home buyers must answer, whether to rent or to buy, and explain how it’s possible for a home to pay you to live in it.

What’s Driving the Shift in the Housing Market Today, Supply or Demand? - EP 17

What’s Driving the Shift in the Housing Market Today, Supply or Demand? - EP 17

July 23, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the supply and demand dynamic in the housing market to explain why home sales are declining.

What Will the End of the Foreclosure Moratorium Mean for the Housing Market? - EP 16

What Will the End of the Foreclosure Moratorium Mean for the Housing Market? - EP 16

July 8, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the end of the foreclosure moratorium later this month is unlikely to trigger a tsunami of foreclosures.

Will Rising Mortgage Rates Slow the Housing Market? - EP 15

Will Rising Mortgage Rates Slow the Housing Market? - EP 15

June 23, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the economic concept of demand elasticity and why housing market demand tends to be inelastic in response to rising mortgage rates.

What Does the Rush to Suburbia Mean for Real Estate? - EP 14

What Does the Rush to Suburbia Mean for Real Estate? - EP 14

June 10, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the dynamics influencing the second coming of suburbia and the implications for the broader real estate economy. 

Deflation in the Housing Market? Let Us Explain. - EP 13

Deflation in the Housing Market? Let Us Explain. - EP 13

May 27, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how inflation in owner-occupied housing is measured and why an argument can be made that the long-run trend in housing cost has been deflation, not inflation. 

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.