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What’s in store for the spring home buying market?
By Mike Simonsen on March 13, 2023

By now, seeing inventory fall every week is no longer a surprise... even though it’s March, when we’d normally expect inventory to be increasing each week as the peak home buying season is...

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Ines Hegedus-Garcia on Why the Miami Market is Thriving in 2023
By Mike Simonsen on March 8, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Ines Hegedus-Garcia, the current Chair of the Miami Association of Realtors, to talk about the dynamics behind...

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National Data

Demand for homes continues to outpace inventory
By Mike Simonsen on March 7, 2023

If I told you more homes this week went into contract than last year at this same time, would that surprise you? How can that be? Well these are both supply-constrained markets. So while...

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CoreLogic's Selma Hepp on the Risks and Opportunities for the 2023 Housing Market
By Mike Simonsen on March 1, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Selma Hepp, Chief Economist at CoreLogic, to get her take on what’s happening in the housing economy. Selma shares...

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National Data

What Will Happen with Home Prices in 2023?
By Mike Simonsen on February 28, 2023

We're two months into the new year, and even while we’ve been reporting surprisingly resilient home buying activity so far this year, it’s not nearly enough demand to change our view that...

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National Data

How Quickly Will Higher Mortgage Rates Impact Home Buyers This Spring?
By Mike Simonsen on February 20, 2023

How quickly will higher mortgage rates impact the surprisingly resilient home buyers this spring? The interest on a 30 year fixed mortgage today is approaching 7% again. Just a few weeks...

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National Data

Homebuyers Are Defying Expectations
By Mike Simonsen on February 13, 2023

Available inventory of homes for sale dropped big this week. So far this year demand for homes has exceeded the number of sellers who are willing to sell. It seems that sufficient numbers...

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The Key Labor Market Trends Shaping Real Estate Today
By Mike Simonsen on February 8, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Nick Bunker, Director of North American Economic Research at Indeed, for a deep dive into the employment trends that...

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National Data

Growth in Pending Home Sales Points to Strong Buyer Demand
By Mike Simonsen on February 6, 2023

Well friends, Americans are buying houses this winter. Each week inventory is falling and pendings are climbing. The market has fewer price reductions and more immediate sales each week....

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What Zillow Knows About the Housing Market in 2023
By Mike Simonsen on February 1, 2023

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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