
The REconomy Podcast
First American’s economic podcast examining the forces that influence real estate, housing and affordability, featuring First American Chief Economist Mark Fleming, Ph.D. and Deputy Chief Economist Odeta Kushi.
Latest episodes

Feb 27, 2025 • 13min
Has the Commercial Real Estate Market Finally Turned the Corner? - EP 110
In this episode of The REconomy Podcast™ from First American, Deputy Chief Economist Odeta Kushi and Senior Commercial Economist Xander Snyder discuss what the encouraging fourth-quarter sales trends mean for the outlook for commercial real estate in the year ahead.

Feb 14, 2025 • 16min
House Prices and Sales Trends Becoming More Regionally Driven in 2025 - EP 109
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine local housing market dynamics, explaining how changes in active inventory and new inventory impacts house prices and sales volume, and highlighting how these dynamics are playing out differently in markets across the country.

Jan 30, 2025 • 14min
How will the Los Angeles Wildfires Impact Housing? - EP 108
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the housing impacts of the recent Los Angeles wildfires, including a preliminary estimate of how much housing supply was lost, with the help of native Angeleno and Senior Commercial Economist Xander Snyder.

Jan 16, 2025 • 15min
The Changing Economics of Homeowner’s Insurance and What it Means for the Housing Market - EP107
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the dynamics fueling the dramatic increase in homeowner’s and property insurance, and what it means for the housing market.

Jan 3, 2025 • 13min
Deciphering the Federal Reserve’s Interest Rate Moves in 2025 - EP 106
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the latest signals from the Federal Reserve about the direction of interest rates and the potential for rate cuts in 2025.

Dec 19, 2024 • 17min
Will 2025 Bring a Recovery to the Commercial Real Estate Market? - EP 105
In this episode of The REconomy Podcast™ from First American, Deputy Chief Economist Odeta Kushi and Senior Commercial Economist Xander Snyder turn their crystal ball to the commercial real estate market, breaking down the outlook for 2025 for all asset classes.

Dec 5, 2024 • 16min
2025 Housing Market Outlook - EP 104
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi break out their crystal ball and discuss the outlook for the 2025 housing market, including their expectations for mortgage rates, affordability, sales and house prices in the year ahead.

Nov 21, 2024 • 15min
What the Federal Reserve’s ‘Forward Guidance’ Means for the 2025 Housing Market - EP 103
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the Federal Reserve’s tools for providing “forward guidance” on the anticipated direction of the economy, interest rates and inflation, and share how to interpret the Fed’s signals regarding the year ahead.

Nov 7, 2024 • 15min
The Mysterious Metric that Moves Mortgage Rates - EP 102
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the mysterious metric that moves mortgage rates – the neutral rate of interest – and what it is signaling for the housing market heading into 2025.

Oct 25, 2024 • 16min
The Housing Supply Crisis – Why Can’t We Build More Homes? - EP 101
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the history of homebuilding and the dynamics that have fueled our chronic housing supply crisis and explain the daunting challenges homebuilders face in trying to meet the demand for housing.