Based on the trends we can see after the start of the year, I’ll project 2024 will see probably 15% home sales growth over 2023. Home prices will be up this year by a few percent also. ...
Continue ReadingBased on the trends we can see after the start of the year, I’ll project 2024 will see probably 15% home sales growth over 2023. Home prices will be up this year by a few percent also. ...
Continue ReadingHappy New Year! The last week of data for the 2023 US real estate market is in, and pretty much all the signals for housing in 2024 are now pointing towards growth.Inventory is slowly but...
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 housing market predictions for 2024. Logan looks at...
Continue ReadingWe're wrapping up 2023, and the housing market is about to settle down for a few holiday weeks before beginning the year with new listings and new market signals.But there is something...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Dustin Jalbert Fastmarkets
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Dustin Jalbert from Fastmarkets RISI’s Wood Products team to find out what the lumber market can tell us about...
Continue ReadingA few months ago I published a video where I asked “how much will home prices gain by the end of the year?” Using a headline like that should come with a trigger warning. We could see that...
Continue ReadingIt’s looking like we’ll end 2023 with a few percent more homes on the market than last year. Home prices will be up over last year. And we should also end the year with more homes in...
Continue ReadingBy now if you follow the housing data closely, you’ll know that inventory of unsold homes on the market is up over 2022. Inventory climbed well into November, and new listings each week are...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast James Kleimann Sitzer Burnett
In this episode of the Top of Mind podcast, Mike Simonsen sits down with James Kleimann, Managing Editor of HousingWire, to talk about the landmark Sitzer Burnett case and its potential...
Continue ReadingInventory is still growing nationally the week before Thanksgiving. That’s very late in the season. Last week it looked like inventory had peaked for the year, which I announced in this...
Continue Reading