Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Mark Fleming Fleming: “The housing crisis could have tarnished the dream of homeownership in America, but instead homeownership remains a strong beacon for Americans and enduring symbol of success.”

SANTA ANA, CA—“Given Generation X has a high homeownership rate, and Generation Y is expected to as well, I would expect nothing different from the youngest generation,” First American Financial Corp.’s chief economist Mark Fleming tells GlobeSt.com. As we recently reported, ccording to a recent report from the firm, increasing educational attainment indicates the prospect for higher income levels and homeownership demand among Millennials.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.