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

Published: May 9, 2016, 5 p.m.

Existing Home Sales, which\xa0are 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. \xa0How can this be with rates so low? Where are home sales headed?\xa0 To explain\xa0these latest trends, we have invited MARK FLEMING, the Chief Economist for First American to come on the "Hot Topic" segment of today's program. \xa0Is it really\xa0that "there's a shortage\xa0inventory of homes for sale" or are there other factors driving the current trends in Existing Home Sales. \xa0Additionally, 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.\n\nAs normal, the first half of the program will feature,\xa0Joe Farr\xa0of MBSQuoteline providing a rate & market update,\xa0Alice Alvey\xa0of Indecomm Global Services providing a regulatory & legislative update as well as\xa0Paul Muolo\xa0of IMF News &\xa0Sam Garcia\xa0of Mortgage Daily giving us a quick overview of\xa0the latest news stories impacting out industry.\xa0\xa0\n\nPlease tell others about this program and take a minute to share a link to this program with your friends and associates in the mortgage industry.\n\nThank you, David Lykken\nExisting Home Sales, which\xa0are 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. \xa0How can this be with rates so low? Where are home sales headed?\xa0 To explain\xa0these latest trends, we have invited MARK FLEMING, the Chief Economist for First American to come on the "Hot Topic" segment of today's program. \xa0Is it really\xa0that "there's a shortage\xa0inventory of homes for sale" or are there other factors driving the current trends in Existing Home Sales. \xa0Additionally, 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.\n\nAs normal, the first half of the program will feature,\xa0Joe Farr\xa0of MBSQuoteline providing a rate & market update,\xa0Alice Alvey\xa0of Indecomm Global Services providing a regulatory & legislative update as well as\xa0Paul Muolo\xa0of IMF News &\xa0Sam Garcia\xa0of Mortgage Daily giving us a quick overview of\xa0the latest news stories impacting out industry.\xa0\xa0\n\nPlease tell others about this program and take a minute to share a link to this program with your friends and associates in the mortgage industry.\n\nThank you, David Lykken