Altos Blog | Mike Simonsen (2)

National Data

Unsold inventory has been on the rise all year, but there are some signs that inventory growth is slowing as we approach the end of summer with newly-lower mortgage rates.In the years...

Altos Research Mike Simonsen Top of Mind Podcast Salim Furth affordability

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Salim Furth from the Mercatus Center at George Mason University to explore America’s housing affordability and...

National Data

Mortgage rates fell two weeks ago, then climbed steadily again last week. Is it enough to motivate any new buyer activity or are we looking at 2025 before home sales finally recover?From a...

National Data

Mortgage rates are dropping fast. Will potential home buyers jump at newly cheaper payments? Or will they wait to see if rates drop further before taking action? Mortgage rates are at the...

National Data

Any sales growth momentum in the real estate market we might have had early in the year is gone. New home sales contracts are coming in pretty consistently fewer than last year - 4.9% fewer...

National Data

Mortgage rates have come down with recent good inflation news, but rates are still higher than they were a year ago and higher than they were 6 months ago. How will consumers respond as...

National Data

Is it darkest before the dawn? If we look at the housing market data right now, things look the most bearish they've been all year. And yet, really good inflation data came in last week,...

Altos Research Mike Simonsen Top of Mind Podcast Terry Loebs Pulsenomics

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Terry Loebs from Pulsenomics for a deep dive into forecasting home prices and the housing market. Terry has been at...

National Data

Nationally, the housing market indicators have been slow for several months now. There have been a few markets though that have defied the national trends where inventory has stayed tighter...

National Data

The last week of June is typically the peak of the home buying season, when activity and prices start their seasonal decline. So this first week of July, I'm looking at what we can we see...