Altos Blog | Mike Simonsen (5)

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...

National Data

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...

National Data

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...

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

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...

National Data

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...

National Data

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...

Altos Research Mike Simonsen Top of Mind Podcast Conor Sen Bloomberg

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...