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.
Rising interest rates are putting a damper on the housing market. Buyers and sellers appear to be pulling back, and inventory is starting to climb again. How long will the market contract, and when should we expect things to heat back up?
Catch the replay of our October webinar - I look at the supply and demand signals for the market's trajectory over the coming months, and talk about what to expect when it comes to inventory and prices for the rest of the year. I also discuss what’s happening with immediate sales, and dive into the latest data for local markets across the country.
Topics I cover include:
- What the supply and demand signals are for the Q4 market
- An update on home values, and where this is likely headed
- A look at inventory levels, and what this means for the market
- Early signals for 2023
- 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.