Market Conditions

July 16, 2021

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 March, and now is confirmed.

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May 6, 2021

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 require time. So let’s review the current market patterns.

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Posted in Market Conditions
March 16, 2021

Hottest Seller Market. Ever.

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 …
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Posted in Market Conditions
Jan. 13, 2021

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 …

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Nov. 25, 2020

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 …

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Posted in Market Conditions
Nov. 24, 2020

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 …

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Posted in Market Conditions
Oct. 23, 2020

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 …

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Posted in Market Conditions
Sept. 21, 2020

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’ …

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Posted in Market Conditions
Sept. 14, 2020

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 …
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Posted in Market Conditions
July 27, 2020

Phoenix Real Estate 2020 Weekly Market Update

Posted in Market Conditions