REFTR 011 How Important Is Using Market Data In Buying Or Selling Homes? with Michael Simonsen

It can be challenging for people to buy or sell properties as the Covid-19 pandemic continues impacting the market. This crisis has weighed heavily on both commercial and residential real estate. This year is a big question mark so always remember that making wise decisions in buying or selling homes is important. Use the right tool, be updated with the latest trends, and have yourself educated.

Listen to this episode as I dive into Mike's market data points about the real estate industry outlook in 2021, and learn more about the benefits of using Altos Research for your real estate business. Stay tuned for more episodes!

WHAT YOU'LL LEARN FROM THIS EPISODE:

- Introduction to Altos Research and What It's About
- Information from Market Data Points Vs What People Heard from Social Media
- Subprime Mortgage Crisis
- Data and Trends About Real Estate Market During Covid
- Why Millenials are Late in Household Formation
- Generation X Vs Millennials
- Impacts of Low Interest Rate to Housing Market Supply and Demand
- Interesting Data Reports that Public Can See in Altos Research
- Housing Market Price Reduction
- Monitoring Market Data Points for Sellers Thinking to Sell Their Property
- Benefits of Market Action Research (from Altos Research) for Both Sellers and Buyers
- Interesting Trends in Commercial Real Estate
- Overcoming Fears in Buying or Selling by Using Altos Research

3 Key Points:

"Normally, expensive homes take longer, cheaper homes go quicker" -Mike Simonsen-

"The low rates are not just impacting demand, they also impact supply because I can afford two mortgages." -Mike Simonsen-

"It's human nature we buy high and we sell low because why, the fear overtakes the logic." -Leigh Brown-

________________________________________

Mike Simonsen is the CEO and owner of Altos Research which is a California-based company that dives into real estate data.
Website:
https://altos.re/
or https://altosresearch.com/

To sign up for Altos go to AltosResearch.com and click Get Started.
Use Promo Code LEIGH21 to get $30 off!

Youtube Channel:
https://www.youtube.com/channel/UCpnmXW1p8NmKVWLBrhEY61A

Twitter:
https://twitter.com/search?q=altos%20research

LinkedIn:
Michael Simonsen - Co-founder, CEO - Altos Research | LinkedIn
www.linkedin.com/in/simonsen

Altos Research | LinkedIn
www.linkedin.com/company/altos-research

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