Topics

Stay up to date

Stay up to date

National Data

National Data

The Supply of Homes on the Market is Finally Declining
By Mike Simonsen on November 14, 2022

Inventory is down for the second week in a row. In the middle of November you’d expect that, but since mortgage rates spiked in early September, inventory has been climbing. With mortgage...

Continue Reading

National Data

The Housing Market Is at a Standstill
By Mike Simonsen on November 7, 2022

As this housing market sits at a standstill, I keep looking in the data for signs of real chaos. If you’ve been watching these videos each week you know that inventory started climbing in...

Continue Reading

National Data

Real estate inventory still climbing into November
By Mike Simonsen on October 31, 2022

Another week late in October, inventory is rising as buyers are at a standstill. It’s been 8 weeks since mortgage rates spiked over 6% and three weeks since they crossed over 7%. Everything...

Continue Reading

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...

Continue Reading

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...

Continue Reading

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,...

Continue Reading

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...

Continue Reading

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...

Continue Reading

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...

Continue Reading

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...

Continue Reading

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