Altos Blog | Mike Simonsen (27)

Real Estate Marketing Market Stats eBook

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...

National Data home prices Market Stats

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...

National Data Market Stats

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?"

National Data Market Stats

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...

National Data home prices Market Stats

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,...

Market Stats

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...

National Data

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,...

National Data home prices single family

In this week's US national real estate market video, we take a look at a novel metric in the housing market: Price Increases. Specifically, the percentage of homes on the market that have...

Real Estate Marketing National Data

This year's market is unique, making it harder to rely on historical trends for insights - what key data should buyers and sellers be watching right now?Please join me September 3rd for a...

National Data

With 73,000 new listings hitting the market this week and more than 80,000 transactions, total inventory is now under 600,000 for the first time ever. For comparison, in 2016 we had 1.1...