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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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Real Estate Marketing National Data Market Stats eBook

How to Use Real Estate Market Data on Social Media [+Example]
By Mike Simonsen on January 13, 2021

Coming up with great social media content can take a lot of time and effort. With Altos data, you’ll have fresh content to share every day. We recommend posting any of the stats and charts...

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National Data Market Stats

Housing Market Competition: How to Talk to Buyers and Sellers About It
By Mike Simonsen on January 13, 2021

Do you have a buyer or seller wondering what they're up against in terms of competition? Have them look at the Altos Market Action Index (MAI) to gauge whether it’s a buyer’s or seller’s...

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Real Estate Marketing Market Stats eBook

Price Reductions: How to Help Your Sellers Decide [2021]
By Mike Simonsen on December 7, 2020

Do you have a seller who's considering a price reduction? Give them data-driven advice using Altos Reports.

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Real Estate Marketing Market Stats eBook

How to Use Real Estate Market Data on Your Website [+Example]
By Mike Simonsen on December 7, 2020

I always say there are three big questions for buyers and sellers in real estate: “What’s for sale?”, “How much is my house worth?” and “How’s the market?” Consumers can easily answer the...

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National Data home prices Market Stats

Price Increases & Decreases in Real Estate: What to Look For
By Mike Simonsen on November 17, 2020

When it comes to relevant stats you should definitely keep an eye on as you're helping buyers and sellers with their strategy, price increases and price decreases should sit at the top of...

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National Data Market Stats

How to Answer the Home Buyer Question: "What Can I Afford?"
By Mike Simonsen on November 9, 2020

Altos market data makes it easy to answer buyer and seller questions like a pro. One of the most common questions we hear is, "What can I afford?"

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National Data Market Stats

3 Ways to Use Market Data in Your Listing Presentations
By Mike Simonsen on October 29, 2020

Altos data is an absolute must-have for listing presentations - especially in a world where sellers have done their own research on Zillow, and your competitors all come armed with good...

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National Data home prices Market Stats

"How's the Housing Market?" How to Answer [+Example]
By Mike Simonsen on October 23, 2020

Looking for an at-a-glance answer to “How’s the market?”? Look no further than Altos’ Market Action Index – our proprietary index that lets you know if it’s a buyer’s or seller’s market,...

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Market Stats

What is Average Days on Market (DOM)? [+How to Determine]
By Mike Simonsen on October 8, 2020

What is Average Days on Market (DOM)? Average Days on Market (DOM) is a measure of market velocity - how long it takes homes to sell. A non-seasonal increase in DOM could indicate some...

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National Data

Why Pandemic Foreclosures are Unlikely [Deep Dive]
By Mike Simonsen on September 28, 2020

I have a good friend whose tourism business has been devastated by the pandemic. His company went from many millions of dollars in revenue to almost zero in a matter of weeks in February,...

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