Mike Simonsen

Mike Simonsen

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Founder, Altos Research; weekly real-time housing inventory, prices, and market analytics.

Homeowners Are Strong; Non‑owners Face the Real Crisis
SocialMay 16, 2026

Homeowners Are Strong; Non‑owners Face the Real Crisis

Every time I share data on the amazing financial strength of American homeowner, the commenters are fixated on 2007. Let’s state it plainly: ➡️LTV is way better now than in 2007. ➡️Credit quality and credit scores are way better now....

By Mike Simonsen
City Core Housing Tightens, Exurbs See Inventory Rise
SocialMay 9, 2026

City Core Housing Tightens, Exurbs See Inventory Rise

Here's what to know about the Texas housing market in 2026: Inventory of homes in Dallas and Austin is now FEWER than last year. That's driven by better demand closer in to the cities. The further exurbs like Prosper (also Houston...

By Mike Simonsen
Housing Indicators Dip Slightly as Rates Hit 6.5%
SocialMay 6, 2026

Housing Indicators Dip Slightly as Rates Hit 6.5%

My three high-frequency housing indicators slipped a little this week as rates spiked back up to 6.5%, but mostly remain positive. (Xactus includes refi's so my interpretation is that's why it dipped further) https://t.co/pizD0SHAdG

By Mike Simonsen
April Home Sale Contract Failures Remain Steady, Demand Stable
SocialMay 5, 2026

April Home Sale Contract Failures Remain Steady, Demand Stable

Update on contract failure rate in home sales. Holding steady in April, which jibes with other data about demand. https://t.co/FSRIM8MwGt

By Mike Simonsen
Pending Home Sales Surge Amid Spring Market Concerns
SocialMay 4, 2026

Pending Home Sales Surge Amid Spring Market Concerns

Just when the spring housing market looked like another bust, our pending sales counts have surged for two weeks running. Here's this week's video, with slides below 🧵 https://t.co/S12nqTLgL5

By Mike Simonsen
Higher Property Taxes Can Lower Your Monthly Payments
SocialMay 4, 2026

Higher Property Taxes Can Lower Your Monthly Payments

Here's how higher property taxes convert into LOWER monthly payments by keeping the house price lower to begin with. https://t.co/XN9nc2PHI4

By Mike Simonsen
Higher Property Taxes Actually Boost Housing Affordability
SocialMay 4, 2026

Higher Property Taxes Actually Boost Housing Affordability

Here's an illustration for how lower property taxes HURT affordability. Higher property taxes HELP affordability. https://t.co/VdulSJHEhr

By Mike Simonsen
2027 May See Home Price Appreciation After Four Flat Years
SocialMay 3, 2026

2027 May See Home Price Appreciation After Four Flat Years

Starting to think 2027 might have a return to home price appreciation after 4 years of flat (or down). https://t.co/xJqLsqld2D

By Mike Simonsen
Remote Work Delays Migration, Not Boosting Rust Belt
SocialMay 3, 2026

Remote Work Delays Migration, Not Boosting Rust Belt

This isn't the rise of the Rust Belt. This is a measure of people who are delaying their moves and under-optimizing their living conditions. (IMHO, remote work favors Sunbelt migration. This data shows delayed migration)

By Mike Simonsen
Land Value Tax: Key to Real Housing Affordability
SocialMay 2, 2026

Land Value Tax: Key to Real Housing Affordability

If we're serious about housing affordability, we should be serious about the land value tax (aka Georgism)

By Mike Simonsen
Fewer Children, More Parental Time: Cause or Choice?
SocialApr 30, 2026

Fewer Children, More Parental Time: Cause or Choice?

We have fewer kids but we spend more lots more time on them. I’m curious about: 1. Causal direction. I suspect the modern dad-time requirement drives the count (personal experience) 2. How the pro-natalists (@lymanstoneky ) think about this tradeoff

By Mike Simonsen
Most Case-Shiller Cities See Price Drops, Midwest Holds Steady
SocialApr 29, 2026

Most Case-Shiller Cities See Price Drops, Midwest Holds Steady

12 of the 20 Case Shiller cities are showing home price declines vs last year. LA and DC slid into negative territory this month. Nationally, thanks to very tight supply in the midwest, home prices are still barely above zero...

By Mike Simonsen
Spring Market Spikes: Highest Pending Sales Since 2022
SocialApr 27, 2026

Spring Market Spikes: Highest Pending Sales Since 2022

Spring housing market showed real signs of life this week: ➡️Pending sales hit 96,000, the highest weekly count since 2022. 4-week average now growing vs last year for the first time in 2026 ➡️Inventory grew 2.8% to 990,000 homes, +4% YoY but...

By Mike Simonsen
AI Advice Often Reflects Random Reddit Users, Not Experts
SocialApr 24, 2026

AI Advice Often Reflects Random Reddit Users, Not Experts

Reminder: When you're making your major life decisions based on research you do with your AI chat bot, remember that you're probably getting advice from some kid on Reddit. https://t.co/XcFWuF8kmb

By Mike Simonsen