Altos Blog | Mike Simonsen (5)

National Data

When we look at the US housing data, the most notable trend recently is that price reductions are on the way up. There are more homes sitting on the market that didn’t get offers at their...

National Data

As we hit peak home buying season in the US, the signals across the country are mixed at best, with some markets accelerating a bit and others slowing very quickly. Inventory continues to...

Altos Research Mike Simonsen Top of Mind Podcast Ginger Wilcox Better Homes & Gardens Real Estate

In this episode of the Top of Mind podcast, recorded live at HousingWire’s The Gathering conference, Mike Simonsen sits down with Ginger Wilcox, President of Better Homes & Gardens Real...

National Data

Inventory continued to climb this week. Not at a super fast pace, but the number of homes on the market across the country keeps expanding. As mortgage rates stay elevated and as unsold...

National Data

New listings volume each week is now higher than at any time last year. And since it's still only April, there could be as many as eight more weeks of seller growth in the spring market....

National Data

Even after a couple weeks of mortgage rate jumps, we’re still seeing surprising strength in key elements of the housing market. In fact, some measures of home prices are now at their...

National Data

Big jump in interest rates this week. The 30-year fixed rate mortgage according to the HousingWire mortgage rates center is now over 7.2%, that’s 50 basis points above where we were at the...

Altos Research Mike Simonsen Top of Mind Podcast Federal Housing Finance Agency FHFA Jonah Coste

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jonah Coste from the Federal Housing Finance Agency (FHFA) to talk about the impact of the mortgage rate “lock-in”...

National Data

Here’s how 2024 is shaping up: there are now more listings, more active inventory, and more sales than a year ago. Sales are increasing because supply is increasing. We’re slowly emerging...

National Data

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...