First Amern Finl Corp Stock Price, News & Analysis

First American Financial (NYSE: FAF) has launched an online portal on January 31 to provide free replacement property deeds to victims of recent Los Angeles wildfires. Property owners can access digital copies of deeds instantly after identity verification and account creation at owner.firstam.com/socal-wildfires.

The company can provide digital copies for nearly 99% of residential properties in Los Angeles County, offering a significantly faster alternative to the weeks-long process typically required through the county recorder's office. Additionally, First American has donated $25,000 to the Los Angeles Fire Department Foundation for community services and firefighter resources, while employees have collectively contributed over $23,000 to the American Red Cross.

First American Data & Analytics released its December 2024 Home Price Index (HPI) report, showing the Atlanta-Sandy Springs-Alpharetta market experienced a 1.9% year-over-year increase in home prices, with no change from November to December 2024.

Nationally, house prices grew by 3.9% year-over-year, with a modest 0.1% increase from November to December 2024. The market showed strong growth early in 2024 at 7% but gradually slowed due to higher mortgage rates and increased inventory levels.

In the Atlanta metro area, price growth varied by segment: starter homes rose 1.3%, mid-tier properties increased 2.6%, and luxury homes saw the strongest growth at 6.0%. Among major markets, Anaheim, California led with a 6.1% increase, while Tampa, Florida showed the largest decrease at -4.6%.

First American Data & Analytics released its December 2024 Home Price Index (HPI) report, showing that the Dallas-Plano-Irving market experienced a 0.7% year-over-year increase in home prices, while declining 0.1% month-over-month.

Nationally, house prices grew by 3.9% year-over-year, with a modest 0.1% month-over-month increase. The market started 2024 strong at a 7% annualized growth rate but gradually slowed due to higher mortgage rates and inventory levels.

In the Dallas-Plano-Irving metro area, price changes varied by market segment: luxury tier properties rose 3.3%, mid-tier increased by 0.3%, while the starter tier decreased by 0.6%. Among major markets, Anaheim, Cambridge, and Pittsburgh showed the strongest price growth, while Tampa, Oakland, and Austin experienced decreases.

First American Data & Analytics released its December 2024 Home Price Index (HPI) report, showing that the Houston-The Woodlands-Sugar Land market experienced a 2.1% year-over-year increase in home prices, with a modest 0.2% month-over-month growth.

Nationally, house prices grew by 3.9% year-over-year, with a 0.1% month-over-month increase. The market started 2024 strong at a 7% annualized growth rate but gradually slowed due to higher mortgage rates and increased inventory levels.

In the Houston metro area, price growth varied across segments: luxury tier properties saw the highest appreciation at 4.1%, followed by mid-tier at 2.8%, and starter homes at 0.7%. Among major markets, Anaheim, Cambridge, and Pittsburgh showed the strongest price growth, while markets like Tampa, Oakland, and Austin experienced price decreases.

First American Data & Analytics released its December 2024 Home Price Index (HPI) report, revealing that the Los Angeles-Long Beach-Glendale market experienced a -0.1% year-over-year price decrease. Nationally, home prices showed a modest +3.9% year-over-year growth, though the pace slowed throughout 2024.

The report highlights that higher mortgage rates and increased inventory levels in the latter half of 2024 contributed to the cooling trend. In the Los Angeles metro area, price changes varied across market segments: starter homes declined -0.2%, mid-tier properties increased +2.0%, and luxury homes rose +0.4%.

Among major markets, Anaheim, California led with the highest year-over-year HPI increase at +6.1%, while Tampa, Florida showed the largest decrease at -4.6%. Chief Economist Mark Fleming suggests that areas with rapid supply growth may face stronger price moderation, while those with supply could see steadier growth or price reacceleration.

First American Data & Analytics released its December 2024 Home Price Index (HPI) report, showing that the New York-Jersey City-White Plains market experienced a 3.5% year-over-year increase in home prices, despite a -1.6% month-over-month decline.

Nationally, house prices grew modestly in 2024, with a 3.9% year-over-year increase and a slight 0.1% month-over-month gain. The market started 2024 strong with 7% annualized growth but gradually slowed due to higher mortgage rates and inventory levels.

In the New York-Jersey City-White Plains metro area, price growth varied across market segments: starter homes rose 5.3%, mid-tier properties increased 5.2%, and luxury homes gained 3.7%. Among major markets, Anaheim, California led with 6.1% growth, while Tampa, Florida saw the largest decline at -4.6%.

First American Data & Analytics released its December 2024 Home Price Index (HPI) report, showing modest national house price growth. The report indicates a 0.1% month-over-month increase and a 3.9% year-over-year growth in December 2024.

House prices are now 54.8% higher compared to pre-pandemic levels. While 2024 started strong with 7% annualized growth, it gradually slowed due to higher mortgage rates and increased inventory levels. Chief Economist Mark Fleming notes that similar conditions in 2025 could lead to moderate price appreciation.

Among metropolitan areas, Anaheim, California led with a 6.1% increase, followed by Cambridge, Massachusetts (6.0%), and Pittsburgh (5.8%). Conversely, some markets experienced declines, with Tampa, Florida showing the largest decrease at -4.6%, followed by Oakland (-0.8%) and Austin (-0.2%).

First American Financial (NYSE: FAF) has announced that its board of directors has declared a quarterly cash dividend of 54 cents per common share. The dividend will be payable on March 17, 2025, to shareholders of record as of March 10, 2025. First American Financial is a premier provider of title, settlement and risk solutions for real estate transactions and leads the digital transformation of its industry.

First American Financial (NYSE: FAF) has announced its schedule for the fourth-quarter and full-year 2024 earnings conference call, set for February 13, 2025, at 11 a.m. EST. The earnings results will be released on February 12, 2025, after market close.

The conference call will be accessible to investors, financial community members, media, and the public through their website or by phone. An audio replay will be available until February 27, 2025.

The company has also outlined its 2025 quarterly earnings release schedule: first-quarter results on April 23, second-quarter results on July 23, and third-quarter results on October 22.