Topics

Stay up to date

Stay up to date

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.
Picture of Mike Simonsen

All Posts from Mike Simonsen

National Data

Home Sales Are Finally Climbing
By Mike Simonsen on April 1, 2024

Everyone knows it’s been a very dry 18 months for home sales. As mortgage rates rose, starting over two years ago now, payment affordability got dramatically worse and home buyer demand...

Continue Reading

National Data

Home Sales Are Growing, Prices Will Stay Flat
By Mike Simonsen on March 25, 2024

It was a pretty strong week for all the housing numbers. New supply and sales numbers keep climbing weekly and compared to last year. Price numbers had a slight increase this week across...

Continue Reading

National Data

How This Week’s Fed Meeting Could Impact the Housing Market
By Mike Simonsen on March 18, 2024

There’s a big Federal reserve meeting this week, and we’ll learn more about the future of interest rates then. I don’t have any capacity to predict interest rates - I’m not convinced anyone...

Continue Reading

Altos Research Mike Simonsen Top of Mind Podcast Ed Pinto American Enterprise Institute

Data-Driven Housing Policy with AEI’s Ed Pinto
By Mike Simonsen on March 13, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Ed Pinto, senior fellow and co-director of the AEI Housing Center at the American Enterprise Institute (AEI), for a...

Continue Reading

National Data

Why Inventory Could Grow by 40% This Year
By Mike Simonsen on March 11, 2024

Available inventory of homes on the market is climbing and will continue to climb until we’re finally in an environment of declining interest rates. Inventory has been rising for two years...

Continue Reading

National Data

Inventory Is 19% Higher Than a Year Ago
By Mike Simonsen on March 4, 2024

In the face of growing supply of unsold homes on the market, we have to ask how much more inventory this market can handle before home prices start to decline. We’re at 19% year over year...

Continue Reading

Altos Research Mike Simonsen Top of Mind Podcast Conor Sen Bloomberg

Economic Trendspotting with Bloomberg’s Conor Sen
By Mike Simonsen on February 28, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Bloomberg’s Conor Sen to talk about the big economic trends shaping the housing market. Conor shares his views on...

Continue Reading

National Data

More Sellers, Fewer Buyers
By Mike Simonsen on February 26, 2024

Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home buying affordability takes...

Continue Reading

National Data

Home Price Gains Slow as Mortgage Rates Rise
By Mike Simonsen on February 19, 2024

Are last year’s surprising home price gains evaporating now? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices...

Continue Reading

Altos Research Mike Simonsen Top of Mind Podcast Jamie Lane STR AirDNA

Deep Dive on the Short-Term Rental Market with AirDNA’s Jamie Lane
By Mike Simonsen on February 14, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jamie Lane, Chief Economist at AirDNA, for a deep dive into the fascinating dynamics of the short-term rental (STR)...

Continue Reading

Get the latest articles directly in your inbox, stay up to date