Top of Mind
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Top of Mind episodes

  • Home sales are growing, prices will stay flat (3/25/24 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 Research

    A 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.

    16 min
  • How this week’s Fed meeting could impact the housing market (3/18/24 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 Research

    A 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.

    17 min
  • Data-Driven Housing Policy with AEI’s Ed Pinto

    In this episode of the Top of Mind podcast, Mike Simonsen sits down with Ed Pinto, senior fellow and co-director of the AEI Housing Center at the American Enterprise Institute (AEI), for a fascinating look at how housing policy shapes the market and the world we live in. Tapping into his decades of experience in the housing and mortgage markets, Ed shares lessons from the 2008 bubble we can apply to today, uses data to examine the relative merits of different housing policies over the years, and gives his take on how to tackle affordability and homelessness. He also talks about why he’s optimistic about the housing market in the years to come.

    About Ed Pinto

    Edward J. Pinto is a senior fellow and co-director of the AEI Housing Center at the American Enterprise Institute (AEI). A focus of his work continues to be the role of federal housing policy in the 2008 mortgage and financial crisis and how federal housing policy continues to create unwelcome distortions in the housing markets. More recently his research has focused on using light touch density to increase the supply of naturally affordable and inclusionary housing.

    Before joining AEI, Mr. Pinto was an executive vice president and chief credit officer for Fannie Mae until the late 1980s. Today, he is frequently interviewed on radio and television and often testifies before Congress. His writings have been published in trade publications and the popular press, including in the American Banker, The Hill, RealClearPolitics, and The Wall Street Journal. In addition, as the director of the AEI Housing Center, he oversees the monthly publication of the AEI Housing Market Indicators, which has replaced AEI’s monthly Housing Risk Watch and AEI’s FHA Watch. 

    Mr. Pinto has a JD from Indiana University Maurer School of Law and a BA from the University of Illinois at Urbana-Champaign.

    Here’s a glimpse of what you’ll learn: 

    • What data is best to use for understanding housing in the U.S.
    • The biggest lessons of the 2008 bubble and what they tell us about today
    • The real impacts of over a decade of low-interest rates
    • Whether there’s a correction in home prices on the horizon
    • How Federal government policy from 100 years ago seeded the affordability crisis of today
    • Why affordability is so difficult for the government to solve
    • When the government should stimulate housing demand, and when they shouldn’t
    • What today’s mortgage environment tells us about the risks of mortgage defaults
    • Why the McMansion boom is the result of poor city planning
    • What cities should know about fixing homelessness
    • What he’s optimistic about in American housing in the next decade

    • Resources mentioned in this episode:

      • Connect with Ed on LinkedIn
      • American Enterprise Institute
      • Mike Simonsen on LinkedIn
      • Altos Research

      • Featuring Mike Simonsen, President of Altos Research

        A 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 Research

          The 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.

          1 hr 16 min
        • Why inventory could grow by 40% this year (3/11/24 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 Research

          A 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.

          18 min
        • Inventory is 19% higher than a year ago (3/4/24 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 Research

          A 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.

          16 min
        • Economic Trendspotting with Bloomberg’s Conor Sen

          In this episode of the Top of Mind podcast, Mike Simonsen sits down with Bloomberg’s Conor Sen to talk about the big economic trends shaping the housing market. Conor shares his views on what to expect with interest rates, pinpoints key areas for strength in the economy, and looks at demographic shifts that will impact the housing market in the coming years. He also offers his take on how the election could affect the economy and what to watch for.

          About Conor Sen

          Conor Sen is a Bloomberg Opinion columnist who writes about financial markets, the economy, housing, cities, and demographics. He’s also the founder of Peachtree Creek Investments and has more than a decade of experience in portfolio management and risk management.

          Here’s a glimpse of what you’ll learn: 

          • What to expect for interest rates this year and why
          • The key areas for strength in the economy and what that means for 2024
          • What a shifting labor market means for real estate
          • Recession risks and how to anticipate it
          • Whether the “Vibecession” is over and we’re now in “Vibespansion”
          • Why there is still room for supply chain improvements to help the economy
          • How shifting millennial demographics will impact housing over the next 5 years
          • When Boomers will finally sell their homes
          • Why higher migration is a big theme right now, and what that means for housing and the economy
          • Why home builders can finally “play offense” for the first time since 2005
          • Election year impacts we should watch for

          • Resources mentioned in this episode:

            • Connect with Conor on LinkedIn
            • Bloomberg
            • Mike Simonsen on LinkedIn
            • Altos Research

            • Featuring Mike Simonsen, President of Altos Research

              A 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 Research

                The 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.

                50 min
              • More Sellers, Fewer Buyers (2/26/24 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 Research

                A 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.

                16 min
              • Home price gains slow as mortgage rates rise (2/19/24 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 Research

                A 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.

                15 min
              • Deep Dive on the Short-Term Rental Market with AirDNA’s Jamie Lane

                In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jamie Lane, Chief Economist at AirDNA, for a deep dive into the fascinating dynamics of the short-term rental (STR) market. Jamie shares how real-time STR data can help us forecast economic and housing market conditions, talks about how short-term rentals impact the hotel and travel industries, and gives us insights into how to understand the so-called “Airbnb Bust.” He also discusses which markets no longer work well for STRs, and the challenges and opportunities of STRs as an investor asset class.

                About Jamie Lane

                Jamie Lane is the Chief Economist and SVP of Research at AirDNA, the go-to source for short-term rental data and insights. With 10+ years of experience as an economist in the hospitality industry, Jamie’s research leadership has helped the whole STR industry understand the drivers of success.

                Jamie is a leading voice of authority on the health and outlook for the STR industry: on top of co-hosting AirDNA’s own podcast, the STR Data Lab, he is a regular contributor to international media outlets such as Wall Street Journal, New York Times and Bloomberg, providing exclusive analysis and forecasts of the industry to global audiences. His contributions to the STR space and dedication to promoting data-driven decision-making to the forefront of the industry were recognized in 2023 with the Innovator/Disruptor award at the highly regarded Shortyz Awards.

                At the forefront of AirDNA’s research, Jamie continuously provides accurate data insights to guide hosts through each decision point in their journey. Before joining AirDNA, Jamie spent 10 years at CBRE, leading research, forecasting, and data intelligence teams to support client analysis.

                Jamie holds a Bachelor of Science in Economics from the University of Georgia and a Master of Science in Business Economics from Georgia State University.

                Here’s a glimpse of what you’ll learn: 

                • What the real-time STR data tells us about the economy for 2024
                • Which AirDNA stats are leading indicators for the future of the housing market
                • How to understand the so-called “Airbnb Bust”
                • How STRs impact traditional hotels’ occupancy rates and prices
                • What hotel data tells us about the future of STRs
                • How STRs grow the travel industry
                • Which signals for 2024 are bullish for STRs, and which are bearish
                • Risks to the STR industry
                • Which markets no longer work well for STRs
                • The challenges and opportunities of STR as an investor asset class
                • Good policy and bad policy for STRs and ADUs

                • Resources mentioned in this episode:

                  • Connect with Jamie on LinkedIn
                  • AirDNA
                  • Mike Simonsen on LinkedIn
                  • Altos Research

                  • Featuring Mike Simonsen, President of Altos Research

                    A 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 Research

                      The 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.

                      1 hr 4 min
                    • Sellers are coming back to the housing market. Can buyers keep up? (2/12/24 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 Research

                      A 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.

                      15 min

                    About Top of Mind

                    From the publisher's feed

                    The Top of Mind podcast features top real estate industry insiders and experts to unpack the most important housing, real estate, mortgage data and trends that are shaping the housing market. Hosted…

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