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Podcast: RealTrending
Episode: Altos Founder Mike Simonsen on the latest housing market trends
Description: This week on the RealTrending podcast, Tracey sits down with Mike Simonsen, founder of Altos, to discuss his 2025 housing forecast, including home prices, mortgage rates, and affordability.He also talks about what changes he anticipates with the Trump administration, covers the role of immigration and labor in construction, and talks about how tariffs could affect market dynamics. Here’s a glimpse of what you’ll learn:
Home sales are forecasted to increase slightly to 4.2 million, and home prices to increase by 3.5%.
Affordability remains a critical challenge in the hous...