Mike Simonsen ✪🐉 @mike__simonsen
President founder of Altos Research (now part of HousingWire). Real Estate Data. https://t.co/qkH26D4qZC https://t.co/P8O7J17QRC altosresearch.com San Francisco, CA Joined May 2024-
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Mike Simonsen ✪🐉 retweeted
Inventory 📍595,000 single family homes unsold on the market now 📍That’s up 3% for the week and 37% more than last year at this time 📍Inventory has been rising with elevated mortgage rates all year. This will continue to grow unless rates move lower quickly (6.5%?) 📍In the…
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Mike Simonsen ✪🐉 retweeted
New Listings 📍72,000 new listings unsold this week, plus another 18,000 immediate sales 📍90,000 sellers is up from last week. It’s a reversal of the trend from the last few weeks, which i find encouraging. 📍That’s 10% more sellers than last year at this time. 📍In 2022 there…
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