2025 Housing Market Trends with First American’s Mark Fleming
October 30, 2024
Subscribe
Spotify
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Mark Fleming, chief economist at First American Financial Corporation, to talk about the major market dynamics that will shape the real estate market in 2025.
Here’s a glimpse of what you’ll learn:
- Are we at the end of “the long cold winter” in the housing market
- Are we poised for a rebound in 2025?
- Why home sales fell but not home prices in the post-pandemic era
- His expectation for where mortgage rates will settle
- How he measures affordability, and what it teaches us about the US right now
- The most and least affordable markets in the country, and how that’s changing
- Whether first time homebuyers in 2025 will finally catch a break
- How to estimate home price appreciation
- Why the biggest trends in the housing market are not poised to change in 2025
- What the election means for housing (and what it doesn’t)
- Surprising stats about how much we (don’t) build homes anymore
Related to this episode:
The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country – all the pricing, and all the changes in pricing – and synthesizes those analytics to make them available before becoming visible through traditional channels.
