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National Data

Weekly Pending Home Sales Are Finally Above Last Year
By Mike Simonsen on March 24, 2025

After a very disappointing first quarter of the year with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging that we’ve turned the corner to have some...

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National Data

Are We Seeing the First “Bad Economy Sellers” in 15 Years?
By Mike Simonsen on March 19, 2025

The housing market story of the last three years has been interest rates, of course. As mortgage rates rose, home buyer demand slowed. As demand slows, inventory grows. Home sales remain...

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Mortgage Tech Insights with Adam Carmel
By Mike Simonsen on March 12, 2025

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adam Carmel, CEO and founder of Polly, to talk about mortgage technology and the mortgage markets. About Adam Carmel

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National Data

Could Homebuyers Find Bargains This Spring?
By Mike Simonsen on March 10, 2025

The spring housing market is trying to find its footing. Pending home sales inched up for the week with some small gains, and new listings volume hit its biggest week since September. List...

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National Data

Will Falling Mortgage Rates Finally Help the Housing Market?
By Mike Simonsen on March 3, 2025

Over the last two months of economic uncertainty, the yield for the 10-year treasury has declined by 60 basis points from 4.8% to 4.2%. The 30-year fixed mortgage has followed suit,...

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How the Brokerage Business is Changing
By Mike Simonsen on February 26, 2025

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jason Waugh, president of Coldwell Banker Affiliates, to talk about how the real estate brokerage business is...

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National Data

2025 Could Be the Last Year of Inventory Shortage
By Mike Simonsen on February 24, 2025

Home prices in 2025 are a couple percent above where they were last year at this time. People often ask, “how can it be possible that home prices are still climbing even though the cost of...

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National Data

Could Home Prices Turn Negative This Year?
By Mike Simonsen on February 18, 2025

Home price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the...

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What’s Happening with Home Renovations
By Mike Simonsen on February 12, 2025

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Julie Kheyfets, CEO of Block Renovation, to talk about what’s happening with home renovations this year and beyond. ...

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National Data

Has Seller Growth Lost Momentum?
By Mike Simonsen on February 10, 2025

There are two trends that bubbled to the surface in this week’s housing market data. We talked last week about how the price reductions leading indicator has been growing more bearish for...

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