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Rising mortgage rates are causing home buyers to pull back
By Mike Simonsen on September 26, 2022

Two weeks in a row with inventory climbing, and price cuts seem to be accelerating. These are market slowing characteristics, and they seem suspiciously coincident with the spike in...

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Forecast for the Fall Real Estate Market
By Mike Simonsen on September 21, 2022

As inventory growth stalls, will sellers catch a break? Have buyers missed their window?Catch the replay of our September webinar - I look at the supply and demand signals for the market's...

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Home Prices Are Holding Steady as Few Homes Hit the Market
By Mike Simonsen on September 19, 2022

A little uptick in available inventory this week. Two weeks ago was the Labor Day holiday, and the data shows a little rebound in available inventory of homes for sale on the market after...

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What’s behind the surprising drop in inventory?
By Mike Simonsen on September 13, 2022

Two weeks in a row of declining inventory of homes for sale in the US. Each week available inventory is falling faster than our forecasting model anticipated. There are fewer homes for sale...

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Housing Inventory is Declining Again
By Mike Simonsen on September 7, 2022

Very few homes are being listed for sale right now. This is the first week since the winter where inventory declined week over week. It’s not uncommon for inventory to plateau in August and...

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Inventory Growth Grinds to a Halt
By Mike Simonsen on August 22, 2022

Even as buyer demand slowed way down this year, home owners in America have decided they have no urgency to sell. It’s early in the change but sellers seem to be winning this battle. Home...

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Getting Smart on the Distressed Housing Market
By Mike Simonsen on August 19, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Daren Blomquist, Vice President of Market Economics at Auction.com, for a deep dive into the state of the distressed...

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Few Bargains on the Horizon for Homebuyers
By Mike Simonsen on August 15, 2022

The growing available inventory of homes in this country for sale has dramatically slowed. Just a few weeks ago I assumed inventory would keep surging well into late summer. I assumed that...

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The Latest Signals for the Fall Real Estate Market
By Mike Simonsen on August 12, 2022

So a month ago, just one month ago, when we did this webinar, the story at the time was we had an abrupt slowdown in demand and we could see supply building across the country, inventory...

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Will the housing market see a soft landing?
By Mike Simonsen on August 8, 2022

Has the US real estate market managed to navigate a soft landing? It sure looks that way to me. For several weeks in a row inventory has been rising at a slower pace than we’d projected...

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