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Top of Mind

Latest episodes

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Sep 24, 2024 • 16min

Why aren’t home prices falling? (9/23/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
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Sep 11, 2024 • 1h 9min

Housing Demographics with John Burns’ Eric Finnigan

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Eric Finnigan, Vice President of Demographics Research at John Burns, to talk about the biggest themes and trends in American housing demographics today.About Eric FinniganEric Finnigan leads demographics research at John Burns Research and Consulting, where he helps clients plan around demographic shifts that impact real estate and the housing market. Eric has covered the housing market as a researcher since 2007, and before joining John Burns, he held research roles at Clarion Partners in New York and a boutique advisory firm in Berkeley, California. Finally, Eric is an elder millennial and, along with many of his peers, hit some adult milestones a little later than his parents, including getting married in his late 30s and recently buying his first home at 40.Here’s a glimpse of what you’ll learn:  The biggest themes in American demographics right now What the demographic trends tell us about the next 20 years of housing demand The most important demographic data to track, and what’s happening with it now What’s going to happen with all the new apartment construction The net impact of immigration on housing costs Why dramatically limited immigration or mass deportation would be catastrophic to housing market and cause greater unaffordability Some shocking new trends in intra-country migration How many homes we really need to build over the next 10 years The #1 thing that we can do to improve housing construction and alleviate our shortage What the US will look like in 2033 and why that matters Resources mentioned in this episode: Eric Finnigan | JBREC Eric Finnigan | LinkedIn Eric Finnigan | Twitter John Burns Research and Consulting Mike Simonsen | LinkedIn Altos Research Featuring Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.Follow us on Twitter for more data analysis and insights: Altos on Twitter Mike on Twitter About Altos ResearchThe Top of Mind Podcast is produced by Altos Research.Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels.Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.
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Sep 10, 2024 • 16min

More home sellers are withdrawing listings (9/9/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
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Sep 4, 2024 • 16min

Will homebuyers come back this fall? (9/3/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
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Aug 28, 2024 • 57min

Deep Dive on Rentals with Zumper’s Anthemos Georgiades

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Anthemos Georgiades from online rental marketplace Zumper to talk about the biggest trends in the rental market today.About Anthemos GeorgiadesAnthemos Georgiades is the Co-Founder & CEO of Zumper. At Zumper, Anth leads the company in its mission to make renting a home as easy as booking a hotel. Since 2012, Anth has grown Zumper into one of the largest online rental marketplaces with tens of millions of annual users, and has raised $180 million in venture capital for the company.Here’s a glimpse of what you’ll learn:  The biggest trends in rentals in the country today What “normal” looks like in the rental market after the pandemic craziness Where rents are falling, where they’re rising, and why How renters’ perceptions of the economy impact their behavior, and how these perceptions are changing Whether the market will get easier or harder for landlords in the coming year How purchase and interest rate affordability challenges are felt in the rental market How the demographics of renters have changed over the last decade, and what’s coming next How AI is already changing how we find and rent homes, and where we need to be careful The big policy changes happening in housing across the country, and where should we focus our efforts Resources mentioned in this episode: Anthemos Georgiades | Twitter Anthemos Georgiades | LinkedIn Zumper Mike Simonsen | LinkedIn Altos Research Featuring Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.Follow us on Twitter for more data analysis and insights: Altos on Twitter Mike on Twitter About Altos ResearchThe Top of Mind Podcast is produced by Altos Research.Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels.Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.
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Aug 27, 2024 • 15min

Inventory is now declining in key markets (8/26/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
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Aug 20, 2024 • 16min

Is inventory growth finally slowing? (8/19/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
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Aug 14, 2024 • 1h 3min

Tackling America’s Housing Crisis with Mercatus Center’s Salim Furth

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Salim Furth from the Mercatus Center at George Mason University to explore America’s housing affordability and supply crisis and the optimistic changes that are under way.About Salim FurthSalim Furth is a Senior Research Fellow and Director of the Urbanity project at the Mercatus Center at George Mason University. His research focuses on housing production and land use regulation. He frequently advises local governments and testifies before state and federal legislatures. He earned his Ph.D. in economics from the University of Rochester.Furth previously worked at the Heritage Foundation, at Amherst College, and as a contractor to HUD. His research has been published in Housing Policy Debate, Critical Housing Analysis, and the IZA Journal of Labor Policy. He serves as an advisor to the board of Texans for Reasonable Solutions and a Better Cities Project Fellow.served as lead independent trustee and eventually board chairman overseeing a multibillion-dollar ETF trust until its sale in early 2024.Here’s a glimpse of what you’ll learn:  Why an esoteric domain like housing policy and zoning is suddenly in the spotlight in the US What the “Housing Theory of Everything” is and why it’s important Why the housing shortage isn’t confined to the United States and which countries are tackling it Why NIMBYism is a universal human (or at least Anglophile) value The shocking extent of our under-construction Which simple zoning and regulation changes are making impact around the country Which cities and states are doing the best work in housing Whether increased immigration helps or hurts housing affordability Which tax law changes are most effective What will happen if the population declines The optimistic and pessimistic scenarios for residential real estate, affordability and supply in the longer term future Conclusions and insights from his recent “Laying Foundations” paper about the 50 most recent legislative efforts around the country Resources mentioned in this episode: Salim Furth | LinkedIn Salim Furth | X Mercatus Center Salim Furth | Mercatus Center Mike Simonsen | LinkedIn Altos Research Featuring Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.Follow us on Twitter for more data analysis and insights: Altos on Twitter Mike on Twitter About Altos ResearchThe Top of Mind Podcast is produced by Altos Research.Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels.Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.
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Aug 13, 2024 • 15min

Mortgage rates are down. Do buyers care? (8/12/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
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Aug 6, 2024 • 14min

Will home buyers jump at cheaper mortgage rates? (8/5/24 Market Update)

Welcome to How’s the Market, our weekly look at what’s happening in the US housing market, powered by data from Altos Research.If you want to see all the inventory, pricing, and supply and demand charts we reference in the show, head on over to our YouTube channel at https://youtube.com/altosresearch.Hosted by Mike Simonsen, President of Altos ResearchA true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.

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