Tagged: First American Financial Corp.

First American says limited inventory is keeping prices at historic highs, while luxury homes continue to outperform starter and mid-tier markets

Company argues efforts to lower closing costs could transfer risk to lenders, borrowers and investors

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

First American Data & Analytics and DealGround study finds most commercial real estate professionals use AI regularly, but rely on human verification before making underwriting, valuation, and transaction decisions

Higher energy costs and persistent core inflation are expected to keep borrowing costs elevated, limiting near-term upside for housing activity

AgentNet Assist feature extracts and surfaces key data to streamline title review and reduce friction late in the mortgage process

Income growth and home price moderation are improving buying power, though rate pressure keeps demand fragile

Even as mortgage rates and home prices remain high, First American reports more single women are entering the housing market, supported by rising incomes and long-term financial planning

With house-buying power surpassing median list prices for the first time in over three years, spring 2026 could bring renewed activity for buyers, though tight supply will remain a key factor

Despite elevated rates keeping current homeowners in place, life events like job changes and family transitions — combined with 47 million millennials still renting — will gradually bring buyers and sellers back to the housing market