We’ve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom: two and a half years. Is this the moment when the housing market will finally...
Continue ReadingWe’ve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom: two and a half years. Is this the moment when the housing market will finally...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Daren Blomquist Auction.com
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Daren Blomquist from Auction.com to talk about the state of the distressed housing market. About Daren Blomquist ...
Continue ReadingThe important thing to know when tracking housing inventory in 2024 through next year is that the country is bifurcated. Inventory has built dramatically in the South, while at the same...
Continue ReadingWith relentless mortgage rates and stubbornly high home prices, the mortgage payment on the median priced home in the US is now back up above the 2023 and 2024 levels for the first time...
Continue ReadingEven though this week there were 9% more newly pending home sales than the same week a year ago, home sales are ticking down for the season and look weaker than they did in October....
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Logan Mohtashami
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Logan Mohtashami, lead analyst at HousingWire, to talk about his predictions for 2025. Logan looks at inventory...
Continue ReadingOverall this was a much slower week for the housing market than recent weeks have been. Inventory, new listings, sales, and prices all dipped this week. The autumn seasonal decline is upon...
Continue ReadingThe hardest position to take in analyzing the market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Mark Fleming First American Financial Corporation
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Mark Fleming, chief economist at First American Financial Corporation, to talk about the major market dynamics that...
Continue ReadingWe track inventory and home sales very closely around here, but to be honest, the biggest surprise to me this year has been the resiliency of home prices. Given the unrelenting mortgage...
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