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National Data

Mortgage rates will make or break the spring real estate market
By Mike Simonsen on December 5, 2022

Inventory of homes for sale in the US is declining each week now. It’s the end of year so that’s to be expected of course. But we probably only have 6 weeks more of falling inventory before...

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Forecasting Real Estate Trends for 2023
By Mike Simonsen on November 30, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Rick Palacios Jr., Director of Research and a Managing Principal at John Burns Real Estate Consulting, to talk about...

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National Data

Home price reductions have peaked for the year
By Mike Simonsen on November 21, 2022

As available inventory of unsold homes on the market gradually decreases for the winter, our focus shifts to what’s going to happen in 2023. We can expect inventory to keep declining over...

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What Investor Sentiment Can Tell Us About the Housing Market
By Mike Simonsen on November 16, 2022

In this episode of the Top of Mind Podcast, Mike Simonsen sits down with Charles McKinney, Co-founder and CEO of Vontive, to talk about the landscape for real estate investors in this...

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Early Predictions for the 2023 Real Estate Market
By Mike Simonsen on November 14, 2022

As we approach the end of volatile year for the market, home buyers and sellers are anxiously looking ahead to 2023. What signals can we see in today's data that will help guide us towards...

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National Data

The Supply of Homes on the Market is Finally Declining
By Mike Simonsen on November 14, 2022

Inventory is down for the second week in a row. In the middle of November you’d expect that, but since mortgage rates spiked in early September, inventory has been climbing. With mortgage...

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National Data

The Housing Market Is at a Standstill
By Mike Simonsen on November 7, 2022

As this housing market sits at a standstill, I keep looking in the data for signs of real chaos. If you’ve been watching these videos each week you know that inventory started climbing in...

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Wildfire & Climate Risk in the Housing Market
By Mike Simonsen on November 2, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Clark Woodward, Founder and CEO of RedZone, to discuss how wildfire and other climate risks are creating new...

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National Data

Real estate inventory still climbing into November
By Mike Simonsen on October 31, 2022

Another week late in October, inventory is rising as buyers are at a standstill. It’s been 8 weeks since mortgage rates spiked over 6% and three weeks since they crossed over 7%. Everything...

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How the Fed Is Reshaping America
By Mike Simonsen on October 26, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Nick Timiraos, Chief Economics Correspondent for The Wall Street Journal, to talk about how the Fed makes its policy...

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