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.
Predicting change in the real estate market is a challenge. Interest rates have spiked, which should be dampening demand. But also low inventory is building demand and cash for buying homes.
We know the market will slow, but how fast? And by how much?
Read this article to learn about 4 leading indicators of a housing market slowdown.