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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

Altos Research Mike Simonsen Top of Mind Podcast Corcoran Stephanie Anton

Corcoran’s Stephanie Anton on What’s Next for Luxury Real Estate
By Mike Simonsen on June 21, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Stephanie Anton, President of Corcoran Affiliates, to talk about the market for luxury homes around the world....

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National Data

Are high mortgage rates finally impacting demand?
By Mike Simonsen on June 19, 2023

While we still hear anecdotes about multiple offer scenarios in much of the country, and inventory is still super tight, we’re starting to see a slight slowdown in the sales rate, and a few...

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National Data

Home sales have slowed, but home prices are holding up
By Mike Simonsen on June 12, 2023

We’ve been reporting for a few weeks about how the real estate market is reacting to mortgage rates around 7%. It seems pretty clear that sales volume has dipped as rates have moved up....

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Altos Research Mike Simonsen Top of Mind Podcast Houston Vintage Homes Tyron McDaniel

Houston Vintage Homes’ Tyron McDaniel on Building Affordable Housing
By Mike Simonsen on June 7, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Tyron McDaniel, CEO of Houston Vintage Homes, to talk about his vision for affordable and attainable housing. Tyron...

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National Data

Are We Seeing Shadow Demand for Homes?
By Mike Simonsen on June 5, 2023

In this week's market update, I look at the phenomenon of "shadow demand." One of the persistent bearish arguments over the years has been that we have “shadow inventory” of sellers -...

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Altos Research Mike Simonsen Top of Mind Podcast 100watt Brian Boero

1000watt’s Brian Boero on Thriving in a Difficult Real Estate Market
By Mike Simonsen on May 31, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Brian Boero, co-founder of real estate branding and strategy firm 1000watt, to talk about how agents and brokers can...

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National Data

How much do home buyers really care about 7% mortgage rates?
By Mike Simonsen on May 29, 2023

By now it’s no secret that the US real estate market in 2023 has been more resilient than anyone expected at the beginning of the year. But it’s also important to note that mortgage rates...

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Altos Research Mike Simonsen Top of Mind Podcast Logan Mohtashami

HousingWire’s Logan Mohtashami - Straight Talk on the Housing Market
By Mike Simonsen on May 24, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Logan Mohtashami, lead analyst at HousingWire, to talk about the big economic trends impacting the housing market....

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National Data

How the Debt Ceiling Crisis Could Derail the Real Estate Market
By Mike Simonsen on May 22, 2023

Is the debt ceiling mess in Congress the one thing that will derail the housing market this year? Even at these relatively high mortgage rates, there are more buyers than sellers. While...

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National Data

The Unusual Supply and Demand Dynamics of Today’s Housing Market
By Mike Simonsen on May 15, 2023

One way to measure supply and demand in residential real estate is to track what Altos calls the "immediate sales." These are the homes that get listed and take offers immediately, often...

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