By KIMBERLEY HAAS Potential buyers patiently waiting for a surge in inventory before jumping into the housing market may be out of luck this fall. Mike Simonsen, founder and president of Altos Research, said during a webinar on Thursday that there are no signs of such a thing happening anytime soon. “There is no sign…
By ERIN FLYNN JAY It is being speculated that once interest rates drop, a number of buyers will jump into the housing market, causing another surge in prices. We spoke to some industry leaders to get their take. Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors, said…
By PATRICK LAVERY When last we heard from the Federal Reserve on interest rates, on June 14, the Federal Open Market Committee agreed not to raise the target range for the federal funds rate for the first time in more than a year. With the Fed’s next meeting now less than a week away, could…
By KIMBERLEY HAAS Buyers waiting on the sidelines for home prices to drop may be out of luck this year. During a webinar on Thursday afternoon, Mike Simonsen, founder and president of Altos Research, said that by now it has been clear enough for long enough that even the most strident of bubble-bursters recognizes that…
By KIMBERLEY HAAS A lack of inventory continues to put pressure on the housing market but there are some potential sources out there. During a mid-year outlook webinar held on Thursday afternoon, Todd Teta, chief product and technology officer for ATTOM, and Mike Simonsen, founder and president of Altos Research, spoke about the low supply…
By SCOTT KIMBLER It’s a mixed bag when it comes to predictions for the mortgage market as the economy continues to balance out after the pandemic. ATTOM recently held a conference where research performed by their company, Altos Research, and others were compiled to provide a more complete picture of what the remainder of 2023…
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