It’s mid-August, mortgage rates have been stubbornly above 7% for two months now, and it sure looks like home buyers are growing weary. We can see signs that buyers are slowing, both in the...
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It’s mid-August, mortgage rates have been stubbornly above 7% for two months now, and it sure looks like home buyers are growing weary. We can see signs that buyers are slowing, both in the...
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Mortgage rates are sitting at their highest levels in many years. Higher mortgage rates mean higher monthly payments, less affordability for home buyers, and slightly fewer transactions....
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Altos Research Mike Simonsen Top of Mind Podcast Mynd Doug Brien
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Doug Brien, CEO and co-founder of Mynd, to talk about innovation and opportunities in real estate investing. Doug...
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Last week, NAR reported that existing home sales declined in June to an annual rate of 4.2 million. The question I’ve been getting lately is whether we’ve turned the corner on home sales....
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Altos Research Mike Simonsen Top of Mind Podcast National Association of Home Builders Robert Dietz
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Robert Dietz, Chief Economist and Senior Vice President for Economics and Housing Policy for the National...
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Somewhere about this time last summer, I did a video where we pointed out that it looked like the US housing market could have a soft landing in 2023. Any time you use the phrase “soft...
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This week, new pending home sales prices are at a new high for the year, and just fractionally below last year at this time. This is a remarkable development given how dramatically home...
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What will it take for inventory of homes to build for the second half of the year? If mortgage rates climb, demand will slow and inventory will build up, like it did in September and...
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Altos Research Mike Simonsen Top of Mind Podcast Adena Hefetz Divvy Homes
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adena Hefets, co-founder and CEO of Divvy Homes, to talk about why the rent-to-own model is gaining momentum in...
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We’re seeing encouraging purchase signals this week even as mortgage rates have stabilized around 7%. Available inventory of unsold single family homes rose 2% this week; last year it rose...
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