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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

Signs Point to More Inventory This Spring
By Mike Simonsen on January 15, 2024

Home sellers are finally starting to ease back into the market, and new listings each week are now exceeding last year's levels. As a result, we’re starting to see slightly more available...

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Altos Research Mike Simonsen Top of Mind Podcast LabCoat Agents Tristan Ahumada

Lessons from a Top 1% Agent with LabCoat’s Tristan Ahumada
By Mike Simonsen on January 10, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Tristan Ahumada from LabCoat Agents to talk about how agents should be using social media and other marketing tools...

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National Data

The Strong Spring Real Estate Market Will Surprise You
By Mike Simonsen on January 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see probably 15% home sales growth over 2023. Home prices will be up this year by a few percent also. ...

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National Data

Real Estate’s Strong 2023 Finish
By Mike Simonsen on January 2, 2024

Happy New Year! The last week of data for the 2023 US real estate market is in, and pretty much all the signals for housing in 2024 are now pointing towards growth.Inventory is slowly but...

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Altos Research Mike Simonsen Top of Mind Podcast Logan Mohtashami

The Housing Market Outlook for 2024
By Mike Simonsen on December 27, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Logan Mohtashami, lead analyst at HousingWire, to talk about his housing market predictions for 2024. Logan looks at...

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National Data

Are Sellers Finally Coming Back?
By Mike Simonsen on December 18, 2023

We're wrapping up 2023, and the housing market is about to settle down for a few holiday weeks before beginning the year with new listings and new market signals.But there is something...

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Altos Research Mike Simonsen Top of Mind Podcast Dustin Jalbert Fastmarkets

Fastmarkets’ Dustin Jalbert on What Lumber Can Tell Us About 2024
By Mike Simonsen on December 13, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Dustin Jalbert from Fastmarkets RISI’s Wood Products team to find out what the lumber market can tell us about...

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National Data

Will Home Prices Continue to Grow in 2024?
By Mike Simonsen on December 11, 2023

A few months ago I published a video where I asked “how much will home prices gain by the end of the year?” Using a headline like that should come with a trigger warning. We could see that...

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National Data

Promising Signs for the 2024 Housing Market
By Mike Simonsen on December 4, 2023

It’s looking like we’ll end 2023 with a few percent more homes on the market than last year. Home prices will be up over last year. And we should also end the year with more homes in...

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National Data

Why Home Sales Will Climb in 2024
By Mike Simonsen on November 27, 2023

By now if you follow the housing data closely, you’ll know that inventory of unsold homes on the market is up over 2022. Inventory climbed well into November, and new listings each week are...

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