The No Hassle Listing Blog
Here we keep our updates rolling out to get you the market news as fast as we can. Here you will find our regular monthly newsletter articles, mailer articles, as well as other regular content we post to update you on the happenings throughout the valley and with our team.
The Market Rebalancing Backslides
For those who are hoping for a rebalance of the market (we confess to be in that camp) this last month put a damper in the steady progress towards that goal which had been building since April. Increasing supply is the answer to rebalancing – and July delivered in...
The Market Shift Continues
As we have been reporting for a while now, supply is increasing as the market continues to shift towards rebalancing. The number of homes for sale is up 42 % since May, and up 24.7 % in just the last month – which would be alarming if we didn’t start from a...
The Market Begins to Cool
The Market Begins to Cool The market has been in such an overheated condition this year that any headline of a “market slowdown” is almost inherently misleading. Yes, the market is slowing. But it is a good sign, not a bad one. The market shift actually began in...
July 2021 Monthly Snapshot
DEMAND WEAKENS The market has been shifting since March when the properties available for sale hit its smallest number. As we mentioned before, this market has been largely controlled by the supply (or more accurately, the lack thereof). Supply is finally starting...
June 2021 Market Snapshot
THE HIDDEN FACTOR IN TODAY'S REAL ESTATE MARKET The Median price for homes in the greater Phoenix area is up a whopping 32% from 2020. Prognosticating the real estate market is a thankless job – but unlike the stock market some predictions are fairly safe to make. ...
May 2021 Market Snapshot
EARLY SIGNS OF MARKET CHANGES? The real estate market has been like our valley’s summers – unrelentingly hot. The inventory of homes for sale is ridiculously low for a metro area of our size. The average number of available homes has been hanging in the 4100-4500...
Market Musings
In a persistently strong seller’s market – real estate newsletters can feel the opposite of news. Like the weather in Phoenix – our real estate market can be antithetical to headlines. Factually there are consistent changes, but large real estate shifts...
April 2021 Market Snapshot
LUXURY HAS EXPLODEDHOMES SELLING FOR 101% OF LIST PRICE ON AVERAGE For Buyers:With 54% of all sales closed over asking price so far in April, the average sale price per square foot is now higher than the list price for every price range up to $1M. In a balanced...
March 2021 Market Snapshot
NEW LISTING COUNTS LOWEST IN OVER 20 YEARS The valley is currently experiencing an almost once in a lifetime unbalanced market due to the extreme scarcity of properties for sale. This extremity is startling even to those of us whom have tracked numbers for 20 years. ...
Hottest Seller Market. Ever.
Having been in real estate sales since 1979, we have learned that real estate is cyclical. Nothing lasts forever – although at times it sure can feel that way! That brings us to the seller’s market we’ve been in since 2015. While most expected the pandemic to...
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