Articles from First American Properties

COLUMBUS, Wis., May 20, 2025 (GLOBE NEWSWIRE) -- As of April 2025, the U.S. housing market is showing clear signs of a shift. According to national data, the total number of active homes for sale reached approximately 959,251—a sharp 30.6% increase compared to April 2024. This increase in inventory comes as pending home sales declined 3.2% year-over-year, underscoring growing signs of price and terms fatigue for homebuyers nationwide.

COLUMBUS, Wis., May 13, 2025 (GLOBE NEWSWIRE) -- In light of this morning’s Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics (BLS), Michael Eisenga, CEO of First American Properties, released the following statement addressing concerns about the current economic trajectory and the Federal Reserve’s continued policy stance:

A Crisis of Confidence: The Fed’s Posturing Obscures an Economy in Distress

COLUMBUS, Wis., April 10, 2025 (GLOBE NEWSWIRE) -- It has been a tumultuous few days with tariff announcements and market fluctuations. As the dust settles, Michael Eisenga shares some thoughts and insights on the situation and what it means for the U.S. economy and global trade moving forward.

COLUMBUS, Wis., March 26, 2025 (GLOBE NEWSWIRE) -- The latest data from the Conference Board reveals alarming signs that the U.S. economy is already in a recession. According to their report released Tuesday, the Consumer Confidence Index fell 7.2 points in March to 92.9, well below analysts' expectations of 94.5. More troubling is the sharp drop in Americans’ short-term economic outlook, which fell 9.6 points to 65.2—its lowest reading in 12 years. A level below 80, the threshold noted by the Conference Board, often signals the onset of a recession.