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 Upcoming Valley Real Estate Market

“It's tough to make predictions, especially about the future.” Yogi Berra  It’s the time of year where 2022 housing market predictions begin to appear. Zillow weighed in with their prediction for a national pricing rise of 14-16%.  But then again, these are the same...

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Signs of a cooling market

Signs of a cooling market The Phoenix housing market is cooling, but it is far from cold.  Here are some interesting numbers from the Cromford Report.  From April 1st to October 1st, the number of homes for sale in MLS rose 92% going from 3,591 to 6,883 active...

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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...

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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...

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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...

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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...

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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.  ...

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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...

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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...

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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...

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