Home Prices Holding Strong Year-Over-Year Despite Rising Mortgage Rates

Altos Research is the premier resource for real-time real estate data. We provide weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions.

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. 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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Altos Research is now part of HW Media! Check out their channel at @HousingWire for more housing market insights.

[peterbedford]

Higher rates may actually reduce inventory even more.

[milonovacek]

why is it remarkable to have people over pay

[MrWaterbugdesign]

Mortgage rates higher.
Much of the world seems to think we'll be in recession any day now.
Low buyer demand.
Values up a bit.

To understand why you'd have to look at a much bigger picture that just the data. This is a human behavior thing. This is a wealth gap thing.