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National Data

National Data

Signs Point to More Inventory This Spring
By Mike Simonsen on January 15, 2024

Home sellers are finally starting to ease back into the market, and new listings each week are now exceeding last year's levels. As a result, we’re starting to see slightly more available...

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National Data

The Strong Spring Real Estate Market Will Surprise You
By Mike Simonsen on January 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see probably 15% home sales growth over 2023. Home prices will be up this year by a few percent also. ...

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National Data

Real Estate’s Strong 2023 Finish
By Mike Simonsen on January 2, 2024

Happy New Year! The last week of data for the 2023 US real estate market is in, and pretty much all the signals for housing in 2024 are now pointing towards growth.Inventory is slowly but...

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National Data

Are Sellers Finally Coming Back?
By Mike Simonsen on December 18, 2023

We're wrapping up 2023, and the housing market is about to settle down for a few holiday weeks before beginning the year with new listings and new market signals.But there is something...

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National Data

Will Home Prices Continue to Grow in 2024?
By Mike Simonsen on December 11, 2023

A few months ago I published a video where I asked “how much will home prices gain by the end of the year?” Using a headline like that should come with a trigger warning. We could see that...

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National Data

Promising Signs for the 2024 Housing Market
By Mike Simonsen on December 4, 2023

It’s looking like we’ll end 2023 with a few percent more homes on the market than last year. Home prices will be up over last year. And we should also end the year with more homes in...

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National Data

Why Home Sales Will Climb in 2024
By Mike Simonsen on November 27, 2023

By now if you follow the housing data closely, you’ll know that inventory of unsold homes on the market is up over 2022. Inventory climbed well into November, and new listings each week are...

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National Data

Housing Market Sees Unusual Inventory Gains in November
By Mike Simonsen on November 20, 2023

Inventory is still growing nationally the week before Thanksgiving. That’s very late in the season. Last week it looked like inventory had peaked for the year, which I announced in this...

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National Data

Inventory and Home Sales Showing Improvements Over 2022
By Mike Simonsen on November 13, 2023

New listings volume and the weekly sales volume are now running at a slightly better pace than the same week last year. Both have been below 2022 all year long. When we started the year,...

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National Data

Is This the Beginning of the End of the Housing Recession?
By Mike Simonsen on November 6, 2023

The big question on everyone’s mind is: when will home sales turn around? Are we on the cusp of a double-dip housing recession? Or are there signals that 2024 might see a recovery in the...

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