Altos Blog | National Data (9)

National Data

This week, all eyes are on the economy and recent financial turmoil to know where the housing market is headed for the rest of 2023. The bank troubles seem to be not contained and that...

National Data

By now, seeing inventory fall every week is no longer a surprise... even though it’s March, when we’d normally expect inventory to be increasing each week as the peak home buying season is...

National Data

If I told you more homes this week went into contract than last year at this same time, would that surprise you? How can that be? Well these are both supply-constrained markets. So while...

National Data

We're two months into the new year, and even while we’ve been reporting surprisingly resilient home buying activity so far this year, it’s not nearly enough demand to change our view that...

National Data

How quickly will higher mortgage rates impact the surprisingly resilient home buyers this spring? The interest on a 30 year fixed mortgage today is approaching 7% again. Just a few weeks...

National Data

Available inventory of homes for sale dropped big this week. So far this year demand for homes has exceeded the number of sellers who are willing to sell. It seems that sufficient numbers...

National Data

Well friends, Americans are buying houses this winter. Each week inventory is falling and pendings are climbing. The market has fewer price reductions and more immediate sales each week....

National Data

Available inventory of homes for sale continues to fall at the end of January. This is a combination of very few new listings and a bit of a surprising uptick in demand from buyers. Low...

National Data

We’re watching the data roll in each week, and frankly it keeps surprising me. The median price of newly listed homes is climbing, and price reductions continue to fall across the country...

National Data

Available inventory of homes for sale has likely bottomed for the season. With a tiny uptick in inventory over last week. As we move later into January the signals for the year start...