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National Data

Weak Demand Is Forcing More Home Sellers to Reduce Their Asking Price
By Mike Simonsen on February 3, 2025

There are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had cause some of the measures for home price changes to...

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Zillow’s Take on the 2025 Housing Market
By Mike Simonsen on January 29, 2025

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Dr. Orphe Divounguy, senior economist with Zillow's Economic Research team, to talk about what’s on the horizon for...

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National Data

Will We See Home Price Declines in 2025?
By Mike Simonsen on January 27, 2025

Recently we’ve shared that inventory of unsold homes is growing, and that in recent weeks, home sales have faltered in the face of 7% mortgage rates. We’re going to focus today’s video on...

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National Data

Home Sales Are Stalled With 7% Mortgages
By Mike Simonsen on January 20, 2025

New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago.In the fourth quarter of 2024, sales were...

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Decoding the 2025 Housing Market with Bill McBride
By Mike Simonsen on January 15, 2025

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Bill McBride from Calculated Risk to talk about what to expect in the housing market in 2025 and beyond. About Bill...

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National Data

More Home Sellers, Fewer Sales
By Mike Simonsen on January 13, 2025

There were 45,000 new listings for single family homes across the country this week, which is a big jump. It’s 12% more sellers than a year ago. This is the trend I’ve been talking about as...

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National Data

Did Home Sales Momentum Fizzle in December?
By Mike Simonsen on January 6, 2025

The New Year’s week was expected to be slow, so it’s no surprise that new listings and sales are down. Those will start rebounding in next week’s data.The Christmas and New Year’s holidays...

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National Data

The Two Big Housing Market Trends to Watch in 2025
By Mike Simonsen on December 30, 2024

All the data for 2024 is in, and it’s fair to say the housing market surprised again. There are two big trends that stand out to me as we launch into 2025.The first is affordability. Home...

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“The Great Stay” Economy with Guy Berger
By Mike Simonsen on December 18, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Guy Berger, Director of Economic Research at the Burning Glass Institute, to talk about “The Great Stay”: how the...

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National Data

What Rising Inventory Means for the 2025 Housing Market
By Mike Simonsen on December 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than...

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