Top of Mind

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Selma Hepp, Chief Economist at CoreLogic, to get her take on what’s happening in the housing economy. Selma shares CoreLogic’s forecast for 2024 home prices and mortgage rates, talks about the biggest surprises from 2023, and offers insights into how they hit the mark on their 2023 forecast when everyone else was expecting prices to fall. She also discusses CoreLogic’s new Climate Risk Analysis platform and the growing impact of insurance costs in risky states.About Selma HeppSelma Hepp is the Chief Economist for CoreLogic, America’s largest provider of advanced property and ownership information, analytics and data-enabled services. Selma leads the economics team, which is responsible for analyzing, interpreting and forecasting housing and economic trends in real estate, mortgage and insurance.Prior to joining CoreLogic in 2020, Selma was Chief Economist and Vice President of Business Intelligence for Pacific Union International, later acquired by Compass, where she oversaw the vital economic and technology intelligence to drive the expanding brokerage’s success. Selma also held the role of Chief Economist for Trulia; Senior Economist for the California Association of Realtors; and Economist and Manager for Public Policy and Homeownership research for the National Association of Realtors, as well as a special research assistant at the U.S. Department of Housing and Urban Development.Selma frequently appears on local and national radio and television programs and has been widely quoted in The Wall Street Journal, The New York Times and many industry trade publications such as National Mortgage News and HousingWire. Selma received the HousingWire Women of Influence Award in 2022. Selma graduated from the State University of New York, Buffalo with an M.A. in Economics and holds a Ph.D. from the University of Maryland.Here’s a glimpse of what you’ll learn:  CoreLogic’s 2024 home price & mortgage rate forecast Why their 2023 forecast for slight home price appreciation was so unusual at the time, and yet it turned out to be precisely correct Other big housing market surprises from 2023 Her biggest takeaways for 2024, including how much the mortgage market will rebound this year and why The surprising strength in refis in 2024 Her take on the most important trends in housing policy for 2024 What she’s worried about macro-economically and with housing in particular over the near future Why Phoenix and Las Vegas outperformed Austin last year - even when all were big boom markets during the pandemic Key findings from CoreLogic’s Quarterly investor report CoreLogic’s new Climate Risk Analysis platform and the growing impact of insurance costs in risky states. Resources mentioned in this episode: Connect with Selma on LinkedIn CoreLogic Mike Simonsen on 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tristan Ahumada shares insights on social media marketing for real estate agents. He discusses his success with LabCoat Agents and strategies for engaging clients with Altos reports. The podcast also covers trends in luxury real estate, TikTok strategies, and building a strong brand.

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Renowned expert in the mortgage and housing industry, Logan Mohtashami, discusses his predictions for the housing market in 2024. Topics include mortgage rates, home prices, sales, and inventory challenges. He also explores the impact of Millennials on the housing market and the signals to watch for shifts in the market.

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Dustin Jalbert from Fastmarkets RISI’s Wood Products team, to find out what the lumber market can tell us about housing, now and for 2024. Dustin shares why construction may be past its recession and is set to expand in 2024, why lumber prices may increase with demand but won’t jump big again, and how to think about demographic demands for housing in the next decade.About Dustin JalbertDustin leads the lumber analysis on Fastmarkets RISI’s Wood Products team, where he is responsible for the monthly Lumber Commentary and the North American Lumber Forecasts, along with special client studies and consulting engagements. As a business economist, Dustin has spent nearly a decade covering the global forest products industry.Prior to joining Fastmarkets RISI’s wood products team, Dustin provided support with forecasts and analyses related to the global packaging and pulp markets, including single- and multi-client studies. He holds a bachelor’s degree in economics and political science from the University of Maine, and master’s in international finance and economics from Brandeis University.Here’s a glimpse of what you’ll learn:  Why the lumber market matters for residential real estate What the lumber market tells us about housing now and for 2024 Why construction may be past its recession and is set to expand in 2024 Why lumber prices in 2024 may increase with demand but won’t jump big again The reason why we probably can’t build our way out of the inventory crisis How to think about demographic needs for housing for the next decade The surprising thing that’s still in shortage, that is preventing homes from completing construction What to know about sustainability in the lumber industry Resources mentioned in this episode: Connect with Dustin on LinkedIn Fastmarkets Mike Simonsen on 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Learn more about your ad choices. Visit megaphone.fm/adchoices