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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

Home buyers get spooked when mortgage rates pass 5.5%
By Mike Simonsen on October 3, 2022

Home buyers have stopped cold as mortgage rates spiked dramatically in the last few weeks. It’s really measurable. In this week’s update, I’ll show you the inflection point during the first...

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Real Estate Marketing Altos Research Mike Simonsen Top of Mind Podcast real estate lead generation real-time market reports real estate trends real estate data companies real estate leads real estate data RealPage Jay Parsons

A Deep Dive on the Rental Market
By Mike Simonsen on September 28, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jay Parsons, VP, Head of Economics and Industry Principals for RealPage, to talk about what’s happening in the...

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National Data

Rising mortgage rates are causing home buyers to pull back
By Mike Simonsen on September 26, 2022

Two weeks in a row with inventory climbing, and price cuts seem to be accelerating. These are market slowing characteristics, and they seem suspiciously coincident with the spike in...

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National Data real estate data

Forecast for the Fall Real Estate Market
By Mike Simonsen on September 21, 2022

As inventory growth stalls, will sellers catch a break? Have buyers missed their window?Catch the replay of our September webinar - I look at the supply and demand signals for the market's...

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housing market data real estate data

Home Prices Are Holding Steady as Few Homes Hit the Market
By Mike Simonsen on September 19, 2022

A little uptick in available inventory this week. Two weeks ago was the Labor Day holiday, and the data shows a little rebound in available inventory of homes for sale on the market after...

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housing market data

What’s behind the surprising drop in inventory?
By Mike Simonsen on September 13, 2022

Two weeks in a row of declining inventory of homes for sale in the US. Each week available inventory is falling faster than our forecasting model anticipated. There are fewer homes for sale...

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housing market data

Housing Inventory is Declining Again
By Mike Simonsen on September 7, 2022

Very few homes are being listed for sale right now. This is the first week since the winter where inventory declined week over week. It’s not uncommon for inventory to plateau in August and...

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real estate data

Inventory Growth Grinds to a Halt
By Mike Simonsen on August 22, 2022

Even as buyer demand slowed way down this year, home owners in America have decided they have no urgency to sell. It’s early in the change but sellers seem to be winning this battle. Home...

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Real Estate Marketing Altos Research Mike Simonsen Top of Mind Podcast real estate lead generation real-time market reports real estate trends real estate data companies real estate leads real estate data Daren Blomquist Auction.com

Getting Smart on the Distressed Housing Market
By Mike Simonsen on August 19, 2022

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Daren Blomquist, Vice President of Market Economics at Auction.com, for a deep dive into the state of the distressed...

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real estate data

Few Bargains on the Horizon for Homebuyers
By Mike Simonsen on August 15, 2022

The growing available inventory of homes in this country for sale has dramatically slowed. Just a few weeks ago I assumed inventory would keep surging well into late summer. I assumed that...

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