Mike Simonsen and Lance Lambert discuss the bizarre U.S. housing market where high prices persist despite weak demand. They delve into the lock-in effect, high mortgage spreads, and the role of individual investors. The podcast also examines housing market dynamics in different regions, focusing on the booming Austin market and future outlook.

Mike Simonsen, an analyst at Altos Research, dives into compelling predictions for the housing market in 2025. He discusses the potential for mortgage rates to dip below six percent and a hopeful increase in home sales. With a surprising 27% rise in unsold single-family homes, Mike explores how this could trend and its impact on prices. He sheds light on the one crucial metric his team is monitoring closely. Overall, there’s an optimistic outlook for buyers and sellers navigating the shifting landscape.

Mike Simonsen, Founder of Altos Research, discusses the shifts in the US real estate market. Topics include fluctuating mortgage rates, the comparison between homeownership and investment properties, rising mortgage rates impacting market pace, the role of home builders, and the interplay of inventory and mortgage rates in housing demand and affordability.

Mike Simonsen, an industry expert provides insights on the future of the industry. The podcast discusses the recent verdict in a lawsuit, potential insolvency of entities involved, lack of mainstream press coverage, and the financial implications of a settlement. Other topics include issues in the real estate market, settlement decisions, implications of an injunction, impact of recent news on Zillow, and preparing for copycat losses.

Mike Simonsen, Founder and President of Altos Research, shares his insights on the shifting housing market landscape. He discusses how accessible real estate data empowers buyers and sellers, the impact of rising interest rates, and potential scenarios for market corrections. Simonsen addresses the struggles younger homebuyers face, including reliance on parental support, and examines regional trends, particularly in Florida and Texas. The conversation also touches on the innovative role of iBuyers and the current dynamics in the mortgage industry.