Mike Simonsen on where home prices are falling

On today’s episode, Editor in Chief Sarah Wheeler talks with Altos President Mike Simonsen about home prices, inventory and market data from across the country.
Related to this episode:
- Home prices are slipping in Florida, Arizona and Texas | HousingWire: www.housingwir...
- Home prices have started to slip in a few states | UA-cam: • Home prices have start...
- Mike Simonsen | LinkedIn: / simonsen
- Sarah Wheeler | LinkedIn: / sarah-tester-wheeler
- HousingWire: www.housingwir...
- Altos Research: ‪@AltosResearch‬
The HousingWire Daily podcast examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team.

[@KRD74]

I moved to FL two years ago. I’m not waiting for interest rates to go down, I’m waiting for prices to go down.

[@GauchoDon]

Locally we had an acceleration from pre-memorial day to post Memorial Day holiday week. Very interesting to see what happens next week

[@AM-nt1xk]

Do u see the new inventory in Central Fl affecting surrounding BTR communities? Or, BTR will just absorb slower and give concessions but will stay in the 90% occupancy rate? 1 month concession? 2 month concessions?

[@peterbedford2610]

FL and TX ?

[@KayMoore-mu8pr]

So his inventory scenario is as long as rates stay elevated, inventory will increase. If rates go down, does he suggest inventory will regress back to pandemic days?