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National Data Market Stats

How to Answer the Home Buyer Question: "What Can I Afford?"
By Mike Simonsen on November 9, 2020

Altos market data makes it easy to answer buyer and seller questions like a pro. One of the most common questions we hear is, "What can I afford?"

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National Data Market Stats

3 Ways to Use Market Data in Your Listing Presentations
By Mike Simonsen on October 29, 2020

Altos data is an absolute must-have for listing presentations - especially in a world where sellers have done their own research on Zillow, and your competitors all come armed with good...

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National Data home prices Market Stats

"How's the Housing Market?" How to Answer [+Example]
By Mike Simonsen on October 23, 2020

Looking for an at-a-glance answer to “How’s the market?”? Look no further than Altos’ Market Action Index – our proprietary index that lets you know if it’s a buyer’s or seller’s market,...

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National Data

Why Pandemic Foreclosures are Unlikely [Deep Dive]
By Mike Simonsen on September 28, 2020

I have a good friend whose tourism business has been devastated by the pandemic. His company went from many millions of dollars in revenue to almost zero in a matter of weeks in February,...

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National Data home prices single family

Investors, Flips, iBuyers and Price Increases
By Mike Simonsen on September 8, 2020

In this week's US national real estate market video, we take a look at a novel metric in the housing market: Price Increases. Specifically, the percentage of homes on the market that have...

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Real Estate Marketing National Data

Altos Webinar: The Key Data to Watch Right Now in Real Estate
By Mike Simonsen on August 26, 2020

This year's market is unique, making it harder to rely on historical trends for insights - what key data should buyers and sellers be watching right now?Please join me September 3rd for a...

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National Data

The Strongest Seller's Market We've Ever Seen [New Video]
By Mike Simonsen on August 24, 2020

With 73,000 new listings hitting the market this week and more than 80,000 transactions, total inventory is now under 600,000 for the first time ever. For comparison, in 2016 we had 1.1...

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National Data

Home Prices 8% Higher Year over Year [New Video]
By Mike Simonsen on August 17, 2020

Prices this week are basically unchanged at $354,990. Because in a normal year prices peak June 30th, and then pull back in the fall, all of a sudden we’re up 8% year over year. This...

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National Data

Home Buyers Are Relentless This Year [New Video]
By Mike Simonsen on August 10, 2020

This week, I looked at how different this year is than previous years. For one, we're seeing people ignore the usual start-of-school season and continue to buy, with many city dwellers...

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National Data

Webinar Replay: An early look at Fall 2020 real estate
By Mike Simonsen on August 5, 2020

In case you missed it, we hosted another webinar last week where we looked at the Fall real estate market. This time I also dove into the "co-primary homes" trend, where city dwellers are...

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