HousingWire Daily
Mike Simonsen on how government policy is influencing housing inventory
Apr 24, 2025
Mike Simonsen, President of Altos Research and expert in real estate data, joins to discuss how government policies and economic factors, like mortgage rates, are shaping housing inventory and listings. He highlights the positive uptick in pending home sales as rates decline. The conversation dives into regional inventory differences, the effect of Canadian snowbirds on property investments, and how regulations impact local markets like Miami. Simonsen also emphasizes the bond market's influence on mortgage rates amidst shifting economic conditions.
22:36
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The interaction between fluctuating mortgage rates and housing inventory is critical, as buyer sensitivity leads to rapid price adjustments and gradual changes in listings.
- Government tariffs are influencing the housing market by driving up mortgage rates, potentially impacting consumer confidence and future housing demand amid economic uncertainties.
Deep dives
April Home Sales Trends
Recent data indicates that home sales in April are outpacing those from the previous year, marking a significant shift from the earlier months of 2023. The average mortgage payment is currently lower than it was a year ago, contributing to a more favorable buying environment. This change follows a period when rising mortgage rates earlier in the year had negatively impacted sales. The data reveals that consumer interest in purchasing homes is increasing, even as interest rates fluctuate, demonstrating a potential recovery in the housing market.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
