
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

Oct 10, 2024 • 21min
Special 100th Episode – Most Frequently Asked Questions, Favorite Predictions, and a Look Ahead to 2025 - EP 100
In this special 100th episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi gather the entire First American Economics team to address some of their most frequently asked questions about real estate, housing and affordability, recap some of their favorite predictions, and look ahead to what 2025 may bring.

Sep 26, 2024 • 15min
Glimmers of Light Emerge in the Commercial Real Estate Market - EP 99
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Senior Commercial Economist Xander Snyder explain why there are some glimmers of light in the commercial real estate market for the first time since 2022.

Sep 12, 2024 • 13min
Urban Economics 101 - REconomy Summer School - EP 98
In this episode of The REconomy Podcast™ from First American, the seventh and final episode in the Summer School series, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi delve into urban economics, from zoning regulations to land use patterns, examining the dynamics of monocentric and polycentric cities, while exploring the potential impact of remote work on traditional urban models.

Aug 29, 2024 • 12min
Understanding the Lifecycle of a Mortgage - REconomy Summer School - EP 97
In this episode of The REconomy Podcast™ from First American, the sixth in the “Summer School” series, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi trace the journey of mortgages, shedding light on how the U.S. stands out with its 30-year, fixed-rate mortgage, while exploring how this unique loan product shapes the accessibility and stability of the nation’s housing market.

Aug 15, 2024 • 15min
Cracking the Code of House Prices and Affordability - REconomy Summer School - EP 96
In this episode of The REconomy Podcast™ from First American, the fifth in the “Summer School” series, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dissect the various methodologies for measuring housing affordability and discuss why traditional measures often get it wrong.

Aug 1, 2024 • 15min
The Trinity of Commercial Real Estate Returns - REconomy Summer School - EP 95
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explore capitalization rates – what they are, how they work, and why they matter – with Senior Commercial Economist Xander Snyder in the fourth episode of The REconomy Podcast Summer School series.

Jul 18, 2024 • 14min
What Makes Real Estate “Commercial”? - REconomy Summer School - EP 94
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi continue the REconomy “Summer School” series, discussing what makes real estate “commercial” with Senior Economist Xander Snyder.

Jul 5, 2024 • 15min
Homeownership Drivers and Benefits - REconomy Summer School - EP 93
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi continue the REconomy “Summer School” series, breaking down the fundamental drivers and benefits of homeownership and explaining how these dynamics are playing out in today’s housing market.

Jun 20, 2024 • 17min
The Complete Guide to Home Purchase and Closing - REconomy Summer School - EP 92
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi kick of the REconomy “Summer School” series with a deep dive into the residential home-buying and closing process, explaining the steps and the key players involved – from mortgage pre-approval to contract negotiation to title, settlement and the closing.

Jun 6, 2024 • 14min
Inflation, Inflation, Inflation – Why Isn’t it Falling Further and Where it’s Headed - EP 91
In this episode of The REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi break down what’s happening with inflation, explaining why it has proven to be stickier than most expected, the importance shelter inflation plays in overall inflation, and how inflation may trend in the months ahead.