Here's why home inventory is dropping so fast right now

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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.

What's In This Video:

00:00 Housing market trends overview
00:25 How Altos Research tracks housing market data
00:46 Real estate inventory seeing rapid decline
00:57 Update on forbearance program
02:44 The percentage of homes that are selling immediately
03:44 Altos Market Action Index - supply vs. demand
05:08 Median home price dropping more slowly than usual
05:45 Price of new listings also dropping
06:45 How to get Altos data for you and your clients

Featuring Mike Simonsen, CEO 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.

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