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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

More Price Cuts As Inventory Continues To Grow
By Mike Simonsen on July 8, 2024

Nationally, the housing market indicators have been slow for several months now. There have been a few markets though that have defied the national trends where inventory has stayed tighter...

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National Data

What To Expect in the Real Estate Market For the Rest of the Year
By Mike Simonsen on July 1, 2024

The last week of June is typically the peak of the home buying season, when activity and prices start their seasonal decline. So this first week of July, I'm looking at what we can we see...

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Altos Research Mike Simonsen Top of Mind Podcast Matt Graham MBS Live Mortgage News Daily

Real Talk on Rates with Mortgage News Daily’s Matt Graham
By Mike Simonsen on June 26, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Matt Graham from MBS Live and Mortgage News Daily. A former loan originator, Matt is one of the foremost technology...

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National Data

Inventory Growth Is Slowing. Are Sellers Backing Off?
By Mike Simonsen on June 24, 2024

Inventory grew by almost 14,000 homes this week. That’s a pretty solid number, but actually fewer than our model had predicted for the week. Are sellers backing off?Every week Altos...

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National Data

Inventory Inches Up While Prices Hold Steady
By Mike Simonsen on June 17, 2024

I’ve been highly tuned in looking for signals that the housing market is slowing. By now everyone knows that unsold inventory of homes on the market is climbing. But is that unsold...

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Product Features

New in Altos: Pending Sales Data
By Mike Simonsen on June 12, 2024

We’re excited to announce the availability of Pending Sales data, our clearest signal to date of future home sales. You'll find Pending Sales data in Advanced Analytics, Altos’ data...

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Altos Research Mike Simonsen Top of Mind Podcast Michael Zuber One Rental at a Time

Building a Rental Business with Michael Zuber from One Rental at a Time
By Mike Simonsen on June 12, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Michael Zuber from One Rental at a Time to talk about how he built a thriving rental business and the big market...

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National Data

Home Prices Have Started to Slip in a Few States
By Mike Simonsen on June 3, 2024

Mortgage rates decided to bounce back into the 7s this week, and we can already see an impact in that immediate sales are slowing down. We can also see the new pending sales slow and price...

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National Data

Unsold Inventory is Rising Across the Country
By Mike Simonsen on May 28, 2024

It’s the end of May, and unsold inventory on the market is increasing across the country. Every state has more homes on the market now than a year ago. In many places we’re seeing new...

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Altos Research Mike Simonsen Top of Mind Podcast Mike McNamara Samara

Getting Smart on ADUs with Samara’s Mike McNamara
By Mike Simonsen on May 22, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Mike McNamara, co-founder and CEO of Samara, to talk about all things ADUs. ADUs, or accessory dwelling units, are...

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