If homebuyer demand is so weak, why aren’t home prices falling?By now everyone knows that homebuyers are holding back in hopes of improving affordability. There were only 55,000 single...
Continue ReadingIf homebuyer demand is so weak, why aren’t home prices falling?By now everyone knows that homebuyers are holding back in hopes of improving affordability. There were only 55,000 single...
Continue ReadingAvailable inventory of unsold homes on the market continues to climb at its fastest clip all year. The total count of unsold single family homes grew by 9,000 this week, which is very...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Lance Lambert Fortune
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Fortune editorial director Lance Lambert to talk about his insights and perspectives on the housing market. We...
Continue ReadingThe same trends of the last few weeks are still dominant this week. Mortgage rates continue to climb. It’s not uncommon to hear rates quoted over 8% for a 30-year fixed mortgage....
Continue ReadingAvailable inventory of single family homes for sale rose another 1.3% this week. Even though that’s a slight deceleration from the last few weeks when inventory was climbing by nearly 2%...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Jessica Lautz National Association of Realtors
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of REALTORS®, to...
Continue ReadingAvailable inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than last year at this time. This...
Continue ReadingHome sales each week continue to be at depressed levels. We counted only 59,000 new pending sales this week. Meanwhile, available inventory of unsold homes is growing. In fact, this week...
Continue ReadingThis week continues the trend of fewer home sales and steady prices. New contracts dipped as affordability is out of reach for so many. Inventory is very low and just inching up now week...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Leigh Brown
In this episode of the Top of Mind podcast, Mike Simonsen sits down with storied real estate trainer and broker Leigh Brown to talk about the state of today’s real estate industry.Leigh...
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