Topics

Stay up to date

Stay up to date

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.
Picture of Mike Simonsen

All Posts from Mike Simonsen

National Data

How Migration Is Dividing the Housing Market in Two
By Mike Simonsen on December 2, 2024

The important thing to know when tracking housing inventory in 2024 through next year is that the country is bifurcated. Inventory has built dramatically in the South, while at the same...

Continue Reading

National Data

Buying a Home Is Growing Even Less Affordable
By Mike Simonsen on November 25, 2024

With relentless mortgage rates and stubbornly high home prices, the mortgage payment on the median priced home in the US is now back up above the 2023 and 2024 levels for the first time...

Continue Reading

National Data

Insights Into the 2025 Housing Market
By Mike Simonsen on November 19, 2024

Even though this week there were 9% more newly pending home sales than the same week a year ago, home sales are ticking down for the season and look weaker than they did in October....

Continue Reading

Altos Research Mike Simonsen Top of Mind Podcast Logan Mohtashami

The Housing Market Outlook for 2025 with HousingWire’s Logan Mohtashami
By Mike Simonsen on November 13, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Logan Mohtashami, lead analyst at HousingWire, to talk about his predictions for 2025. Logan looks at inventory...

Continue Reading

National Data

Housing Market Pauses for the Election
By Mike Simonsen on November 12, 2024

Overall this was a much slower week for the housing market than recent weeks have been. Inventory, new listings, sales, and prices all dipped this week. The autumn seasonal decline is upon...

Continue Reading

National Data

Home Sales Are Up Over Last Year
By Mike Simonsen on November 4, 2024

The hardest position to take in analyzing the market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising...

Continue Reading

Altos Research Mike Simonsen Top of Mind Podcast Mark Fleming First American Financial Corporation

2025 Housing Market Trends with First American’s Mark Fleming
By Mike Simonsen on October 30, 2024

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

Continue Reading

National Data

The Surprising Resilience of Home Prices in 2024
By Mike Simonsen on October 28, 2024

We track inventory and home sales very closely around here, but to be honest, the biggest surprise to me this year has been the resiliency of home prices. Given the unrelenting mortgage...

Continue Reading

National Data

Which Metros Are Seeing a Surge in Sellers?
By Mike Simonsen on October 21, 2024

Despite the Florida hurricanes, and in the face of recently rising mortgage rates, unsold inventory of homes on the market climbed this week by about 1%. We’ve been expecting inventory to...

Continue Reading

National Data

The Great Stay: Why Homeowners Are Staying Put
By Mike Simonsen on October 15, 2024

About a year ago, I started noticing a parallel between the housing market and the labor market. Unemployment in the country is very low. Everyone has a job. The conventional wisdom for...

Continue Reading

Get the latest articles directly in your inbox, stay up to date