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National Data

Growth in Pending Home Sales Points to Strong Buyer Demand
By Mike Simonsen on February 6, 2023

Well friends, Americans are buying houses this winter. Each week inventory is falling and pendings are climbing. The market has fewer price reductions and more immediate sales each week....

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What Zillow Knows About the Housing Market in 2023
By Mike Simonsen on February 1, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Dr. Orphe Divounguy, Senior Economist with Zillow's Economic Research team, to talk about what’s on the horizon for...

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National Data

Has the Housing Market Already Found the Bottom?
By Mike Simonsen on January 30, 2023

Available inventory of homes for sale continues to fall at the end of January. This is a combination of very few new listings and a bit of a surprising uptick in demand from buyers. Low...

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National Data

Latest Data Shows Surprising Home Price Strength
By Mike Simonsen on January 23, 2023

We’re watching the data roll in each week, and frankly it keeps surprising me. The median price of newly listed homes is climbing, and price reductions continue to fall across the country...

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National Data

Housing inventory is starting to tick up
By Mike Simonsen on January 16, 2023

Available inventory of homes for sale has likely bottomed for the season. With a tiny uptick in inventory over last week. As we move later into January the signals for the year start...

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Real Estate Trendspotting in 2023
By Mike Simonsen on January 11, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Clayton Collins, Founder and CEO of HW Media, to talk about the big trends shaping the 2023 real estate and mortgage...

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National Data

Hopeful Signs for the 2023 Housing Market
By Mike Simonsen on January 10, 2023

With one week of January under our belt, we still see the hangover of the New Year’s weekend in the housing data, and available inventory of homes for sale declined last week. There were...

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National Data

Housing Market Starts 2023 with Less Inventory Than Expected
By Mike Simonsen on January 4, 2023

We’ve turned the corner of the new year with probably the lowest inventory week for all of 2023. During the pandemic, inventory kept falling during January, February, and March as demand...

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What the Real Estate Market Will Look Like in 2023
By Mike Simonsen on December 21, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Mark Fleming, Chief Economist for First American Financial Corporation, to talk about the major market dynamics that...

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National Data

Real estate market starts to thaw as mortgage rates drop
By Mike Simonsen on December 19, 2022

As inflation and mortgage interest rates ease down this December, the ice cold real estate market of the fall seems to be thawing just a bit. Available inventory of homes on the market is...

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