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...
Continue ReadingNew 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...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Bill McBride Calculated Risk
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...
Continue ReadingThere 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...
Continue ReadingThe 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...
Continue ReadingAll 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...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast The Burning Glass Institute Guy Berger
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...
Continue ReadingAs 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...
Continue ReadingWe’ve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom: two and a half years. Is this the moment when the housing market will finally...
Continue ReadingAltos Research Mike Simonsen Top of Mind Podcast Daren Blomquist Auction.com
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Daren Blomquist from Auction.com to talk about the state of the distressed housing market. About Daren Blomquist ...
Continue ReadingThe important thing to know when tracking housing inventory in 2024 through next year is that the country is bifurcated. Inventory has built dramatically in the South, while at the same...
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