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National Data

Inventory Builds, Putting Pressure on Home Prices
By Mike Simonsen on October 2, 2023

Available inventory of single family homes for sale rose another 1.3% this week. Even though that’s a slight deceleration from the last few weeks when inventory was climbing by nearly 2%...

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Altos Research Mike Simonsen Top of Mind Podcast Jessica Lautz National Association of Realtors

NAR’s Jessica Lautz Takes the Pulse of the Real Estate Industry
By Mike Simonsen on September 27, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of REALTORS®, to...

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National Data

Home Inventory is Climbing Even Faster Than Last Year
By Mike Simonsen on September 25, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than last year at this time. This...

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National Data

A Change in Homebuyer Expectations Is Slowing the Housing Market
By Mike Simonsen on September 18, 2023

Home sales each week continue to be at depressed levels. We counted only 59,000 new pending sales this week. Meanwhile, available inventory of unsold homes is growing. In fact, this week...

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National Data

Home Sales Dip, but Home Prices Are Holding Steady for Now
By Mike Simonsen on September 11, 2023

This week continues the trend of fewer home sales and steady prices. New contracts dipped as affordability is out of reach for so many. Inventory is very low and just inching up now week...

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Altos Research Mike Simonsen Top of Mind Podcast Leigh Brown

Leigh Brown’s View From the Front Lines of Real Estate
By Mike Simonsen on August 23, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with storied real estate trainer and broker Leigh Brown to talk about the state of today’s real estate industry.Leigh...

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National Data

Housing Inventory Is at Its Highest Point All Year
By Mike Simonsen on August 21, 2023

Mortgage rates kept climbing in the last week. Buyers in this real estate market notice these affordability changes, and so we can see in the data fewer home purchase offers, slightly...

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National Data

Data Points Towards Slight Cooling in the Market This Fall
By Mike Simonsen on August 14, 2023

It’s mid-August, mortgage rates have been stubbornly above 7% for two months now, and it sure looks like home buyers are growing weary. We can see signs that buyers are slowing, both in the...

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National Data

Home Inventory Inches Up With Higher Mortgage Rates
By Mike Simonsen on August 7, 2023

Mortgage rates are sitting at their highest levels in many years. Higher mortgage rates mean higher monthly payments, less affordability for home buyers, and slightly fewer transactions....

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Altos Research Mike Simonsen Top of Mind Podcast Mynd Doug Brien

Mynd’s Doug Brien on Investing, Renting and the Future of the American Dream
By Mike Simonsen on August 2, 2023

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Doug Brien, CEO and co-founder of Mynd, to talk about innovation and opportunities in real estate investing. Doug...

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