by Russell Shaw | Sep 14, 2021 | Uncategorized
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...
by Russell Shaw | Aug 16, 2021 | Uncategorized
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...
by Russell Shaw | May 6, 2021 | Uncategorized
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...
by Russell Shaw | Mar 16, 2021 | Uncategorized
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...
by Russell Shaw | Jan 7, 2021 | Uncategorized
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...