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
Tagged: First American Financial Corp.
Affordability in the U.S. housing sector improved sharply as rising incomes, falling mortgage rates, and flat home prices boosted U.S. house-buying power nearly 10% year-over-year, though supply constraints remain a key risk
Longtime First American vice chair and widely respected housing finance leader Kurt Pfotenhauer is remembered for his leadership, public policy influence, and commitment to family and service
First American reports affordability is improving to its best level in more than three years, helping thaw the housing market, though high rates and lingering lock-in effects continue to temper a full recovery
Cooling price growth and a rising months’ supply are easing affordability pressures, pushing housing affordability to its strongest level since 2022 despite conditions remaining above pre-pandemic norms
Pending home sales climbed 3.3% in November from October, and 2.6% year-over-year, reaching the strongest pace in nearly three years, NAR says
First American Data & Analytics has integrated its RegsData compliance tool into the MeridianLink Mortgage LOS, giving lenders seamless, one-click, automated compliance monitoring to reduce risk and streamline loan closings
After a slower start, younger generations are rapidly catching up in homeownership, fueled by rising incomes, career stability, and family formation, with millennials now buying homes in their 30s at rates comparable to Gen X in their early 40s
Home sales and new listings were little changed month-over-month, as Americans continue to grapple with high costs and economic uncertainty
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