{"id":525,"date":"2014-12-04T03:46:43","date_gmt":"2014-12-03T22:46:43","guid":{"rendered":"https:\/\/nohasslelistingblog.com\/?p=525"},"modified":"2014-12-04T03:46:43","modified_gmt":"2014-12-03T22:46:43","slug":"behind-the-headlines-the-market-is-stable","status":"publish","type":"post","link":"https:\/\/nohasslelistingblog.com\/?p=525","title":{"rendered":"Behind the Headlines \u00e2\u20ac\u201c the Market is Stable"},"content":{"rendered":"<p>Very few news stories can be built around \u00e2\u20ac\u0153everything is just fine\u00e2\u20ac\u009d. So while we don\u00e2\u20ac\u2122t expect to see that in the headlines, it nonetheless is the story of our marketplace. Given the volatility of the real estate market from 2004- 2012, it is understandable that people are slow to believe that normal has returned. Michael Orr of the Cromford Report confirms this so beautifully:<\/p>\n<p>\u00e2\u20ac\u0153If we look exclusively at:<\/p>\n<ul>\n<li>single family homes<\/li>\n<li>in Maricopa County<\/li>\n<li>listed under $500,000<\/li>\n<\/ul>\n<p>Then there has hardly been any change in pricing at all over the last 10 months. Here are the specific numbers \u00e2\u20ac\u00a6 (price per square foot)<\/p>\n<ul>\n<li>Feb $115.82<\/li>\n<li>Mar $116.09<\/li>\n<li>Apr $115.23<\/li>\n<li>May $115.75<\/li>\n<li>Jun $116.04<\/li>\n<li>Jul $115.99<\/li>\n<li>Aug $115.95<\/li>\n<li>Sep $115.95<\/li>\n<li>Oct $116.31<\/li>\n<li>Nov $115.82 \u00e2\u20ac\u00a6<\/li>\n<\/ul>\n<p>This is quite remarkable stability.\u00e2\u20ac\u009d<\/p>\n<p>&nbsp;<\/p>\n<p>Scared to buy or sell because prices are \u00e2\u20ac\u0153crashing\u00e2\u20ac\u009d? They aren\u00e2\u20ac\u2122t. The water is safe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Very few news stories can be built around \u00e2\u20ac\u0153everything is just fine\u00e2\u20ac\u009d. So while we don\u00e2\u20ac\u2122t expect to see that in the headlines, it nonetheless is the story of our marketplace. Given the volatility of the real estate market from 2004- 2012, it is understandable that people are slow to believe that normal has returned. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-525","post","type-post","status-publish","format-standard","hentry","category-home-values"],"_links":{"self":[{"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=\/wp\/v2\/posts\/525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=525"}],"version-history":[{"count":1,"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=\/wp\/v2\/posts\/525\/revisions"}],"predecessor-version":[{"id":526,"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=\/wp\/v2\/posts\/525\/revisions\/526"}],"wp:attachment":[{"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nohasslelistingblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}