New listings volume and the weekly sales volume are now running at a slightly better pace than the same week last year. Both have been below 2022 all year long. When we started the year,...
Continue ReadingNew listings volume and the weekly sales volume are now running at a slightly better pace than the same week last year. Both have been below 2022 all year long. When we started the year,...
Continue ReadingThe big question on everyone’s mind is: when will home sales turn around? Are we on the cusp of a double-dip housing recession? Or are there signals that 2024 might see a recovery in the...
Continue ReadingIt’s the last week of October and available inventory of unsold homes in the US is still on the rise. This was the week last year when inventory finally peaked and started receding before...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Amit Haller Veev
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Amit Haller, CEO and Co-Founder of Veev Group, to talk about how Veev has entirely re-imagined the centuries-old new...
Continue ReadingIf homebuyer demand is so weak, why aren’t home prices falling?By now everyone knows that homebuyers are holding back in hopes of improving affordability. There were only 55,000 single...
Continue ReadingAvailable inventory of unsold homes on the market continues to climb at its fastest clip all year. The total count of unsold single family homes grew by 9,000 this week, which is very...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Lance Lambert Fortune
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Fortune editorial director Lance Lambert to talk about his insights and perspectives on the housing market. We...
Continue ReadingThe same trends of the last few weeks are still dominant this week. Mortgage rates continue to climb. It’s not uncommon to hear rates quoted over 8% for a 30-year fixed mortgage....
Continue ReadingAvailable inventory of single family homes for sale rose another 1.3% this week. Even though that’s a slight deceleration from the last few weeks when inventory was climbing by nearly 2%...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Jessica Lautz National Association of Realtors
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of REALTORS®, to...
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