What will it take for inventory of homes to build for the second half of the year? If mortgage rates climb, demand will slow and inventory will build up, like it did in September and...
Continue ReadingWhat will it take for inventory of homes to build for the second half of the year? If mortgage rates climb, demand will slow and inventory will build up, like it did in September and...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Adena Hefetz Divvy Homes
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adena Hefets, co-founder and CEO of Divvy Homes, to talk about why the rent-to-own model is gaining momentum in...
Continue ReadingWe’re seeing encouraging purchase signals this week even as mortgage rates have stabilized around 7%. Available inventory of unsold single family homes rose 2% this week; last year it rose...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Corcoran Stephanie Anton
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Stephanie Anton, President of Corcoran Affiliates, to talk about the market for luxury homes around the world....
Continue ReadingWhile we still hear anecdotes about multiple offer scenarios in much of the country, and inventory is still super tight, we’re starting to see a slight slowdown in the sales rate, and a few...
Continue ReadingWe’ve been reporting for a few weeks about how the real estate market is reacting to mortgage rates around 7%. It seems pretty clear that sales volume has dipped as rates have moved up....
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Houston Vintage Homes Tyron McDaniel
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Tyron McDaniel, CEO of Houston Vintage Homes, to talk about his vision for affordable and attainable housing. Tyron...
Continue ReadingIn this week's market update, I look at the phenomenon of "shadow demand." One of the persistent bearish arguments over the years has been that we have “shadow inventory” of sellers -...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast 100watt Brian Boero
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Brian Boero, co-founder of real estate branding and strategy firm 1000watt, to talk about how agents and brokers can...
Continue ReadingBy now it’s no secret that the US real estate market in 2023 has been more resilient than anyone expected at the beginning of the year. But it’s also important to note that mortgage rates...
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