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National Data

National Data

Unprecedented housing inventory gains for late October
By Mike Simonsen on October 24, 2022

It’s late October and available inventory of homes on the market is still climbing each week. With mortgage rates over 7 or even 7.5% right now, it’s not hard to imagine why the market has...

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National Data

Has housing inventory peaked for the year?
By Mike Simonsen on October 17, 2022

Inventory is still on the rise each week. Our model had forecasted that inventory would tick up this week and it did. Next week will be a pivotal inflection point. That’s the week when the...

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National Data real estate data

Key Signals to Watch in a Volatile Real Estate Market
By Mike Simonsen on October 13, 2022

Rising interest rates are putting a damper on the housing market. Buyers and sellers appear to be pulling back, and inventory is starting to climb again. How long will the market contract,...

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National Data

Will home sellers win the tug of war with buyers?
By Mike Simonsen on October 10, 2022

In this week’s data, inventory came in unchanged from last week. That was a little surprising to me - I had expected some inventory growth across the country, because buyers have stopped...

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National Data

Home buyers get spooked when mortgage rates pass 5.5%
By Mike Simonsen on October 3, 2022

Home buyers have stopped cold as mortgage rates spiked dramatically in the last few weeks. It’s really measurable. In this week’s update, I’ll show you the inflection point during the first...

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National Data

Rising mortgage rates are causing home buyers to pull back
By Mike Simonsen on September 26, 2022

Two weeks in a row with inventory climbing, and price cuts seem to be accelerating. These are market slowing characteristics, and they seem suspiciously coincident with the spike in...

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National Data real estate data

Forecast for the Fall Real Estate Market
By Mike Simonsen on September 21, 2022

As inventory growth stalls, will sellers catch a break? Have buyers missed their window?Catch the replay of our September webinar - I look at the supply and demand signals for the market's...

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National Data

Navigating the Sizzling Spring Real Estate Market
By Mike Simonsen on March 11, 2022

We've all been assuming that as the US economy is exploding and everyone is employed and incomes are rising, the federal reserve has indicated they're going to start selling some of the...

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National Data

Expect Strong Housing Market Growth Until at Least 2023
By Mike Simonsen on March 7, 2022

Sometimes in the face of tragic world events, the work we do here seems trivial. We started doing these videos two years ago as the world first ground to a halt at the onset of the...

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National Data

Homes are selling nearly 3x faster than pre-pandemic
By Mike Simonsen on February 28, 2022

For weeks I’ve been talking about rising mortgage rates and the possible impact on the housing market, but suddenly they’re not rising anymore. Perhaps until the fed actually starts selling...

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