Phoenix Homes and Covid19

Each day we get new information about what's happening with the economy related to the coronavirus. This is John Schloz with HomeSmart and your monthly real ...

As you know, information changes daily so if you have any questions as time goes on, please don’t hesitate to give me a call. So far, we have seen little impact on the housing market. The housing market is a bit like a giant oil tanker at sea. You can swing the wheel hard to port and nothing appears to happen for several minutes. It is inevitable that the market will shift, but it is hard to say when. We still have a shortage of active listings and though demand has been at a normal level, we are seeing some buyers put the brakes on shopping.

Days of Inventory, Too Cool!

Days of inventory in the real estate market is a great tool. It can be customized to really get a clear picture of trending values in a very specific neighborhood and price range.


Studying days of inventory gives great perspective into specific real estate markets..... Yup, I can get pretty nerdy about selling homes. Enjoy!