Tag Archives: Potential Homebuyers

“The higher the mortgage rate, the more sellers will go on strike and the more potential buyers will feel the impact of reduced house-buying power, but price appreciation will further slow and potential buyers can use adjustable-rate mortgages to regain some of that lost house-buying power,” said Mark Fleming, First American’s Chief Economist.

  First American Financial Corporation has released the latest Potential Home Sales Model for the month of July 2022, which uses proprietary data to measure what the healthy ...

Potential is defined as the latent ability for a thing to develop into something bigger in the future. Currently, the housing market is trying to find a new ...

According to First American Chief Economist Mark Fleming, rising rates may cool house price appreciation, and bring a new norm to the market.

After weeks of declines, mortgage application volume has trended upward, as refis slowly begin to rise with mortgage rates dipping slightly.

The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from ...