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Mike Simonsen

Mike Simonsen is the founder and president of real estate analytics firm Altos Research, which has provided national and local real estate data to financial institutions, real estate professionals, and investors across the country for more than 15 years. An expert trendspotter, Mike uses Altos data to identify market shifts months before they hit the headlines.
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All Posts from Mike Simonsen

National Data

Housing Market Recovery Threatened by Mortgage Rate Pop
By Mike Simonsen on October 7, 2024

Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. And ironically a really strong...

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National Data

Homes Sales Are Climbing With Lower Mortgage Rates
By Mike Simonsen on September 30, 2024

The rate of home sales is picking up, especially compared to last year at this time. The number of homes in contract across the country has risen for the last few weeks. Purchase mortgage...

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National Data

Why Aren't Home Prices Falling?
By Mike Simonsen on September 23, 2024

The U.S. housing market has boomed for years, with economic growth and cheap mortgages driving massive homebuyer demand - and rising prices - for more than a decade.And for years, people...

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Altos Research Mike Simonsen Top of Mind Podcast John Burns Real Estate Consulting Eric Finnigan

Housing Demographics with John Burns’ Eric Finnigan
By Mike Simonsen on September 11, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Eric Finnigan, Vice President of Demographics Research at John Burns, to talk about the biggest themes and trends in...

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National Data

More Home Sellers Are Withdrawing Listings
By Mike Simonsen on September 9, 2024

While inventory of unsold homes on the market in each of the two last years headed higher during September and October due to mortgage rate spikes, we’re seeing a more normal seasonal...

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National Data

Will Homebuyers Come Back This Fall?
By Mike Simonsen on September 3, 2024

This week the available inventory of homes for sale inched down across the country. It was a lead up to the holiday weekend, so that’s not uncommon. But it is indicative that we’re roughly...

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Altos Research Mike Simonsen Top of Mind Podcast Anthemos Georgiades rentals Zumper

Deep Dive on Rentals with Zumper’s Anthemos Georgiades
By Mike Simonsen on August 28, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Anthemos Georgiades from online rental marketplace Zumper to talk about the biggest trends in the rental market...

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National Data

Inventory Is Now Declining in Key Markets
By Mike Simonsen on August 26, 2024

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week - there are fewer homes for sale now than a week ago. Inventory seems to have...

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National Data

Is Inventory Growth Finally Slowing?
By Mike Simonsen on August 19, 2024

Unsold inventory has been on the rise all year, but there are some signs that inventory growth is slowing as we approach the end of summer with newly-lower mortgage rates.In the years...

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Altos Research Mike Simonsen Top of Mind Podcast Salim Furth affordability

Tackling America’s Housing Crisis with Mercatus Center’s Salim Furth
By Mike Simonsen on August 14, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Salim Furth from the Mercatus Center at George Mason University to explore America’s housing affordability and...

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