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.
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...
Mortgage Payment by Decade
February 2021 Monthly Snapshot
THE VANISHING HOME SUPPLY It is becoming harder and harder to find the words to adequately describe the extraordinary lack of homes for sale and the unbalanced market it is creating. This phenomena is not confined only to the valley, but is occurring across most of...
January 2021 Market Snapshot
2020 ENDS. 2021 BEGINS. 2021 begins with the inventory of homes for sale at the lowest number recorded in the last 20 years. As of January 10th, 2021 there were only 6,162 listings active in the MLS. To make matters even worse, that number is inflated because 10% of...
Goodbye 2020
Welcome to 2021 and the ever changing real estate market. To know where we are, we need to examine where we have been. 2020 was a challenging year for all. But surprising to most was not only how resilient the real estate market was despite the...
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