Top of Mind

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. Enjoy the data! 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.

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of REALTORS®, to talk about the big trends shaping the real estate industry. Jessica shares why NAR expects home prices to edge up over the next year, talks about her model for forecasting mortgage rates (and whether we should expect 8% mortgage rates in the future), and surfaces some surprising trends about millennial homebuyers. She also offers insights from NAR’s study on Adaptive Reuse: how to turn empty office buildings into housing. About Jessica Lautz Dr. Jessica Lautz is Deputy Chief Economist and Vice President of Research at the National Association of REALTORS®. The core of her research focuses on analyzing trends for both NAR members and housing consumers. Through the management of surveys, focus groups, and data analysis, she presents new and innovative ways to showcase results. She effectively utilizes Research data to educate and impact policymakers on the state of the housing market and discusses research findings in major media outlets and international presentations. In 2021, Jessica was named one of Housing Wire’s Women of Influence, a list representing 100 of the most influential women in leadership in the housing industry. In 2022 and 2023, Jessica was named a RISMedia Newsmaker in the Influencer and the Crusader categories, respectively. She also volunteers at Nottingham Trent University as an industry fellow mentoring real estate graduate students. Jessica received her Doctorate of Real Estate from Nottingham Trent University in the United Kingdom. She also holds a Master’s in Public Policy from American University and undergraduate degrees in Political Science and Law and Justice from Central Washington University. Here’s a glimpse of what you’ll learn: Why NAR expects home prices to edge up over the next year Which stats demonstrate demand has been greater than supply Her model for forecasting mortgage rates Whether we should expect 8% mortgage rates in the future Why NAR uses surveys and focus groups in addition to tracking properties to gain insights into the market, and what they’re learning now Surprising trends about millennial homebuyers What the current household formation rate means for housing in the near future Which stats she looks at that housing analysts don’t normally track Insights from NAR’s study on Adaptive Reuse: how to turn empty office buildings into housing The dangers of the TikTok housing analysts and why everyone keeps expecting a crash in home prices NAR's view on affordability and the future of housing affordability in the US, and her take on what housing looks like over the next decade Resources mentioned in this episode: Connect with Jessica on LinkedIn National Association of Realtors 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.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

In this episode of the Top of Mind podcast, Mike Simonsen sits down with storied real estate trainer and broker Leigh Brown to talk about the state of today’s real estate industry. Leigh discusses how to take advantage of volatility to gain market share, gives her take on why people should stop worrying about the number of realtors, and shares what people should know about Wall Street investors and the impact on local housing markets and the American dream. She also offers some surprising insights into how consumers are navigating 7% mortgage rates (and why she thinks mortgage rates could go even higher from here). About Leigh Brown Leigh Brown uses her decades of real estate experience to help everyone from early career to highly seasoned agents build (and rebuild!) their professional presence and confidence by assisting them to define and communicate their value proposition expertly. Her goal is for each real estate agent who is a REALTOR® member to become an impactful presence in their community in the process. She knows today’s agents and brokers face unprecedented pressure to stand out in a competitive market; she also knows that the security to build and maintain solid client relationships starts with one step: Just Say Hi. Through a systemized process to identify and define your value, Leigh gives agents and brokers the confidence and tools to reach greater heights in their chosen career. A best-selling author of three influential business books, Leigh excitedly shares her expertise with anyone looking to ignite their passions and create the outcomes they want. Leigh’s mission is helping others. She has the grit and passion for motivating everyone around her to strive for more. She’s also an Altos superuser with more than a decade of experience using Altos reports in her business. Here’s a glimpse of what you’ll learn: What you need to know now about realtors and the growth of the real estate industry, and how to take advantage of volatility to gain market share Why people should stop worrying about the number of realtors How the market looks now that we’re past the end of the white-hot frenzy Surprising insights about how consumers are navigating 7% mortgage rates Why she thinks mortgage rates could go even higher from here What people should know about Wall Street investors and the impact on local housing markets and the American dream How she uses Altos market reports, what she’s learned from the data, and her secret technique for sharing market data with all kinds of people Resources mentioned in this episode: Connect with Leigh on LinkedIn Leigh Brown 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.

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. Enjoy the data! 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.

This week we are bringing something a little different to your Top of Mind feed, a crossover with our new show: House of Data. This brand new Altos Research x HW Media show explores how data is influencing decisions at the most ambitious companies in housing. Enjoy! Listen on Apple Podcasts Listen on Spotify Listen on HousingWire My first guest on House of Data is Zach Ronstadt. Zach is the VP of Strategic Operations at Meritage Homes and has spent the last 15 years creating a data and research team called Strategic Operations that supports their regional leaders with insights and data to make better decisions. Zach and I talk about building trust as a data team with decision makers and what that process looks like over time, developing the ability to influence decisions without being the decision maker, how to be effective in a data role, and what data has told Zach about evolving consumer preferences in new homes. Related to this episode: Zach’s LinkedIn Meritage Homes House of Data explores how data is influencing decisions at the most ambitious companies in housing. Each episode dives into how housing market participants are ingesting, organizing, and making decisions using data, and the competitive advantages that follow.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Doug Brien, CEO and co-founder of Mynd, to talk about innovation and opportunities in real estate investing. Doug discusses why current cash flow trends bode well for next year, shares the most important stat for investors to pay attention to right now, and explains why he thinks the American Dream of home ownership is not dying, but evolving. Doug also shares insights and stories about real estate investing, entrepreneurship, and life from his new book, “The Big Long.” About Doug Brien Doug Brien is the CEO and co-founder of Mynd, the company on a mission to make real estate investing more accessible by leveraging technology to unlock remote investing at scale. Powered by a proprietary all-in-one platform, Mynd streamlines the entire investment journey. Ranging from first-time individual investors to seasoned institutional investors, Mynd empowers more Americans to build wealth through the single-family rental sector. A former Super Bowl-winning NFL placekicker, Brien got his start in real estate following the collapse of the housing market in early 2009, when he and Colin Wiel founded Waypoint Homes and began buying single-family homes to renovate and rent out. Together, they scaled up their company in an industry that had been the domain of smaller players, building a $3 billion portfolio with over 17,000 single-family rental homes. In 2016, the duo went on to launch Mynd, leveraging their SFR expertise and technology to empower a new generation of real estate investors. Today, Mynd manages over 17,600 units in 26 markets across the country and expects to manage 20,000 homes by the end of 2023. Doug Brien holds a B.A. from the University of California at Berkeley and an MBA from Tulane University. Here’s a glimpse of what you’ll learn: Why even with the market slowdown and higher interest rates, some investors are still gaining profitability Why current cash flow trends bode well for next year The most important stat for investors to pay attention to right now Why Americans are investing in the Smile Belt How the iPhone helped fuel the creation of the single-family rental industry Why he’s bullish on appreciation and on rent growth What the post-zero-interest-rate era looks like for real estate investors The math on why real estate investors prevent home price crash catastrophe Why we have a shortage of single-family rental homes (just like we have a shortage of homes to purchase), and what that means for homebuilders Resources mentioned in this episode: Connect with Doug on LinkedIn Mynd 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.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Robert Dietz, Chief Economist and Senior Vice President for Economics and Housing Policy for the National Association of Home Builders, to talk about the state of new home construction across the country. Robert shares NAHB’s forecast for mortgage rates, does the math on how many homes we need to build each year, and looks at which cities are doing new home construction well. He also discusses some optimistic trends for home construction and affordability. About Robert Dietz Dr. Robert Dietz is Chief Economist and Senior Vice President for Economics and Housing Policy for the National Association of Home Builders, where his responsibilities include housing market analysis, economic forecasting and industry surveys, and housing policy research. He has published academic research on the benefits of homeownership, federal tax policy, and other housing issues, and has testified before Congress on real estate policy issues. He is often cited on housing and economic issues in the Wall Street Journal, CNBC, and other media sources. Prior to joining NAHB in 2005, Robert worked as an economist for the Congressional Joint Committee on Taxation, where he was the committee’s real estate expert. He is a native of Dayton, Ohio and earned a Ph.D. in Economics from the Ohio State University. Here’s a glimpse of what you’ll learn: What NAHB forecasts for mortgage rates, what he expects from the Fed and what that means for the economy and mortgage rates How to do the math on how many new homes we need to build each year Why new home builders are much more critical to housing in the US now than they’ve ever been When new home construction volume will get back to “normal” levels - How big national builders are different from small local builders in terms of impact for housing Which cities are doing new construction well/smart Why we’re underbuilding entry-level homes and why that looks to get worse Which exciting technologies are emerging for home building One way the Biden administration could instantly make home building more affordable Why he sees optimistic trends for home construction and affordability from policymakers around the country Resources mentioned in this episode: Connect with Robert on LinkedIn National Association of Home Builders 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.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

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. Enjoy the data! 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.

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adena Hefets, co-founder and CEO of Divvy Homes, to talk about why the rent-to-own model is gaining momentum in today’s housing market. She discusses the challenges many people are facing in getting a mortgage, looks at the dynamics behind the affordability crisis, and shares her thoughts on which segments of the housing market are best poised to hold value and appreciate. She also gives her perspective on which types of proptech startups are poised for success, and which ones will have trouble making it. About Adena Hefets Adena is the co-founder & CEO of Divvy Homes, a proptech company on a mission to make homeownership accessible to everyone. In 2017, Adena set out to solve a problem she saw in the market: fewer people can afford to purchase a home today than two decades ago. To solve this, she came up with a new way to finance a home purchase through a rent-to-own model that allows renters to gradually build up ownership in their future homes - all while living in it. Prior to founding Divvy, Adena joined Square in 2013 and was responsible for building out Square Capital, a merchant cash advance platform with billions in loans outstanding. Prior to Square, she was part of the large-cap buyout team at TPG, a private equity firm, where she helped purchase companies in the real estate sector. She started her career as an investment banker at Merrill Lynch. Adena holds a Bachelors of Science, Policy Analysis and Management from Cornell University and a Masters of Business Administration, Stanford Graduate School of Business. She was named 40 Under 40 by Fortune and is backed by Andreessen Horowitz, Tiger Capital, and Caffeinated Capital. She currently lives in Oakland, California. Here’s a glimpse of what you’ll learn: How the rent-to-own model works, why it’s attractive, and which demographic groups are embracing this approach Which type of proptech startups are poised for success, and which ones will have trouble making it Why the biggest crisis we’re facing in real estate is affordability, and what we can do about it Why big investor money is still on the sidelines, and what that means for the housing market Which segments of the housing market are best poised to hold value and appreciate Where we should see the impact of AI innovations on the real estate industry (and where we won’t) Resources mentioned in this episode: Connect with Adena on LinkedIn Divvy Homes 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.

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. Enjoy the data! 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.