Mike Simonsen is the founder and president of real estate analytics firm Altos Research, which has provided national and local real estate data to financial institutions, real estate professionals, and investors across the country for more than 15 years. An expert trendspotter, Mike uses Altos data to identify market shifts months before they hit the headlines.
As we approach the end of volatile year for the market, home buyers and sellers are anxiously looking ahead to 2023. What signals can we see in today's data that will help guide us towards success in the coming year?
Catch the replay of our November webinar - I look at the supply and demand signals for the market over the coming months, and talk about what to expect when it comes to inventory and prices in early 2023. I also hit some local market data and talk about how to answer common buyer and seller questions as they make plans for early next year.
Topics I cover include:
- Where the market stands right now, and how the year is likely to close
- Which key market indicators to watch for early 2023, and what the data is telling us to expect
- An update on home prices, and where this is likely headed
- What rising interest rates mean for the market
- How to talk to buyers and sellers about the data
… and more.
If you're interested in keeping up with the housing market, I encourage you to sign up for our weekly real estate market updates. Every Monday, I break down all the latest numbers on home prices and inventory, and look at the trends we can see in the Altos data weeks or even months before you see them in the headlines.
You can also run a free Altos real estate market report for any zip code in the U.S. and receive an update on that area in your inbox every week.
And, if you want to learn how to read and interpret all the stats in the report, I encourage you to download our free eBook: "How to Use Market Data to Build Your Real Estate Business."
Thanks, and see you next week for our regular market update.