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5-9-16 Existing Home Sales update w/ Mark Fleming-Chief Economist First American

  • Broadcast in Finance
David Lykken

David Lykken


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Existing Home Sales, which are published monthly by the National Association of Realtors, are up from a year ago but had their worst 1st quarter month-over-month decline since 1991.  How can this be with rates so low? Where are home sales headed?  To explain these latest trends, we have invited MARK FLEMING, the Chief Economist for First American to come on the "Hot Topic" segment of today's program.  Is it really that "there's a shortage inventory of homes for sale" or are there other factors driving the current trends in Existing Home Sales.  Additionally, we are going to talk about strategies on how you can position your business to better take advantage of current market trends to prosper in any market whether trending up or down.

As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting out industry.  

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Thank you, David Lykken