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 suppress demand and allow for a rebalancing of…
Mortgage Payment by Decade
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 pandemic, but how truly important housing became. For many,…
Demand Strong, Homes for Sale Scarce
The real estate market of 2020 will likely go down as one of the strangest years in history. That is saying something given the meteoric rise of 2005 and the catastrophic fall of 2008. The pandemic hitting in March quelled the market for a few months – then released the normal patterns only time lapsed…
2020 – Thanks for the memories?
It is hard to believe that we are in the waning weeks of 2020 – a year not likely soon forgotten. While real estate was certainly not the top headline (pandemic, fires, protests, politics – need we go on?) it was in its own way a valley headline grabber. The chronically short supply of housing…
Warp Speed Market
Talking about the 2020 real estate market causes even seasoned agents who survived the 2005 run up to shake their heads. This is truly a year that feels like “there is nothing for sale”. While listings coming to market are lower than last year’s numbers, the truth of the matter is that 30,343 new listings…
The Market Frenzy Continues. For Now.
The effect the pandemic has had on the real estate market has been surprising to say the least. Most homeowners are quite shocked when we inform them that the current market is the strongest seller market we’ve seen since 2006. We certainly expected 2020 to be a sellers’ market, given that 2019 so strongly favored…
Your September Market Update
Video starts at 3:18.The Phoenix market has been changing rapidly over the past several months – to keep you updated, Russell is here to give you the news.To see any previous market updates, visit our website’s blog:https://nohasslelisting.com/blog/If you would like to receive monthly market updates and more straight to your inbox, click here to sign…
Phoenix Real Estate 2020 Weekly Market Update
To Russell, Wendy, JC, Andrew and all the fine folks at Realty One – THANK YOU!
After 19 offers we have accepted what we thought fit our objectives best. Thanks to Wendy for all of your counseling and advice. Outstanding job of taking things a measured step at a time and explaining the process in detail. We appreciate that. We haven’t sold a home in 15+ years. Your patience with us…