Altos Blog (6)

National Data

In the face of growing supply of unsold homes on the market, we have to ask how much more inventory this market can handle before home prices start to decline. We’re at 19% year over year...

Altos Research Mike Simonsen Top of Mind Podcast Conor Sen Bloomberg

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Bloomberg’s Conor Sen to talk about the big economic trends shaping the housing market. Conor shares his views on...

National Data

Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home buying affordability takes...

National Data

Are last year’s surprising home price gains evaporating now? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices...

Altos Research Mike Simonsen Top of Mind Podcast Jamie Lane STR AirDNA

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jamie Lane, Chief Economist at AirDNA, for a deep dive into the fascinating dynamics of the short-term rental (STR)...

National Data

Each week for several months now, inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s growing compared to a...

National Data

Mortgage rates are back up over 7% this morning following very strong economic growth data. When the economy is stronger than expected, and job growth is stronger than expected, the bond...

National Data

On Friday last week, the National Association of Realtors released their December pending sales data. The headline was an impressive 8% jump over December of 2022. If you’ve been following...

Altos Research Mike Simonsen Top of Mind Podcast selma hepp corelogic

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...

National Data

For several weeks I’ve been reporting data that shows the housing market growing in 2024. Those metrics - specifically the pace of new listings and new sales contracts - slowed this week....