Topics

Stay up to date

Stay up to date

National Data

National Data

More Price Cuts As Inventory Continues To Grow
By Mike Simonsen on July 8, 2024

Nationally, the housing market indicators have been slow for several months now. There have been a few markets though that have defied the national trends where inventory has stayed tighter...

Continue Reading

National Data

What To Expect in the Real Estate Market For the Rest of the Year
By Mike Simonsen on July 1, 2024

The last week of June is typically the peak of the home buying season, when activity and prices start their seasonal decline. So this first week of July, I'm looking at what we can we see...

Continue Reading

National Data

Inventory Growth Is Slowing. Are Sellers Backing Off?
By Mike Simonsen on June 24, 2024

Inventory grew by almost 14,000 homes this week. That’s a pretty solid number, but actually fewer than our model had predicted for the week. Are sellers backing off?Every week Altos...

Continue Reading

National Data

Inventory Inches Up While Prices Hold Steady
By Mike Simonsen on June 17, 2024

I’ve been highly tuned in looking for signals that the housing market is slowing. By now everyone knows that unsold inventory of homes on the market is climbing. But is that unsold...

Continue Reading

National Data

Home Prices Have Started to Slip in a Few States
By Mike Simonsen on June 3, 2024

Mortgage rates decided to bounce back into the 7s this week, and we can already see an impact in that immediate sales are slowing down. We can also see the new pending sales slow and price...

Continue Reading

National Data

Unsold Inventory is Rising Across the Country
By Mike Simonsen on May 28, 2024

It’s the end of May, and unsold inventory on the market is increasing across the country. Every state has more homes on the market now than a year ago. In many places we’re seeing new...

Continue Reading

National Data

As More Homes Take a Price Cut, Will List Prices Drop?
By Mike Simonsen on May 20, 2024

When we look at the US housing data, the most notable trend recently is that price reductions are on the way up. There are more homes sitting on the market that didn’t get offers at their...

Continue Reading

National Data

Mixed Signals for Peak Home Buying Season
By Mike Simonsen on May 13, 2024

As we hit peak home buying season in the US, the signals across the country are mixed at best, with some markets accelerating a bit and others slowing very quickly. Inventory continues to...

Continue Reading

National Data

Home Price Signals Point to Flat Growth
By Mike Simonsen on May 6, 2024

Inventory continued to climb this week. Not at a super fast pace, but the number of homes on the market across the country keeps expanding. As mortgage rates stay elevated and as unsold...

Continue Reading

National Data

Home Sellers Are Coming Back to the Market
By Mike Simonsen on April 29, 2024

New listings volume each week is now higher than at any time last year. And since it's still only April, there could be as many as eight more weeks of seller growth in the spring market....

Continue Reading

Get the latest articles directly in your inbox, stay up to date