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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

Rising Mortgage Rates Are Not Deterring Home Buyers
By Mike Simonsen on February 7, 2022

Sellers across the country are remaining confident. Mortgage rates are up, but do buyers care? Homes keep selling fast and the available inventory keeps falling.

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Looking for Risks in the Future of the Real Estate Market
By Mike Simonsen on February 2, 2022

It’s not easy to predict the future. But when you’re buying a house, it’s nice to have an idea of what could happen. How can you interpret the real estate market data to accurately forecast...

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National Data

Housing inventory - how low can we go?
By Mike Simonsen on January 31, 2022

As the spring home buying market is almost upon us, the real question that we’re looking for in the data is not whether this boom is somehow ending, but rather how much more is it...

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What the Housing Data Is Really Saying
By Mike Simonsen on January 26, 2022

In today’s ever-changing housing market, how can you make sense of all the numbers and data? What do they mean for builders and home-buyers? In this episode of the Top of Mind podcast, Mike...

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National Data

Home prices continue to soar in spite of market volatility
By Mike Simonsen on January 24, 2022

Financial markets are correcting very dramatically since the start of the year. Mortgage rates are at their highest in 2 years, since before the pandemic. The stock market is off 10% just...

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Why Experience Matters in Real Estate
By Mike Simonsen on January 19, 2022

Buying a house can be challenging. Sometimes people try to find help from friends. But what’s the difference between hiring a well-meaning friend versus a professional? In this episode of...

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National Data

Housing market continues its upward climb
By Mike Simonsen on January 17, 2022

As expected prices rose and available inventory dropped this week for single family homes around the country. It’s the middle of January and the first of the spring buying season homes are...

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National Data

Hot Signals Already for the 2022 Real Estate Market
By Mike Simonsen on January 14, 2022

The early data is in and the market is starting the year: very hot. We are looking to prepare for bidding wars, big cash offers over asking sales, transactions happening. But there are some...

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Real estate bidding wars on the horizon for early 2022
By Mike Simonsen on January 10, 2022

Oh man, the market is heating up faster than I was hoping for. The first of the leading indicators for the new year are in and the homebuyers are pushing up prices very quickly.

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Geeking Out On Housing Economics
By Mike Simonsen on January 5, 2022

Ralph McLaughlin is the Chief Economist at Kukun, an AI-powered property technology platform for homeowners and real estate investors. Kukun offers fast and intuitive access to the most...

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