Happy May!

May is here and the desert is heating up! The winter visitors are packing up and getting ready to leave for the summer. While we full time residents do not love the heat, but we do love the fact that there is far less traffic, and the city slows down a bit. It is also a time that locals take off for cooler parts of the country to get out of the heat. We are spending the first week of May at Fool Hollow State Park in Show Low, Arizona in our travel trailer. It is a beautiful state park with wide open spaces. Check it out Fools Hollow Lake AZ - Bing images.

If you have not heard the Real Estate market it still on fire!!! Most homes are selling in days not weeks and often well over list price. It is a SUPER SELLERS Market! If you are looking to buy persistence and patience is a must!

My recipe is an awesome rice dish that I had at my cousin Deb’s house recently. It is a simple recipe that is sooo good and a big crowd pleaser! Give it a try and let me know what you think?

As always, if it has anything to do with Real Estate, please think of me! I am just a text, email or phone call away! Also, if you enjoy my newsletter, please feel free to pass it on.

Warmly,

Cindy
Case-Shiller: Largest home price increase in 15 years

HousingWire
April 27, 2021 | By Tim Glaze

Home prices continue to increase across the country, as the latest S&P CoreLogic Case-Shiller Home Price Index report showed a 12% annual gain in February — up from 11.2% in January. It’s the ninth straight month of increasing prices.

The 12% home price gain is the highest recorded increase since February of 2006.

The 10-city composite annual increase came in at 11.7%, up from 10.9% in the previous month. The 20-city composite posted a 11.9% year-over-year gain, up from 11.1% in the previous month.

Phoenix, San Diego, and Seattle reported the highest year-over-year home price gains among the 20 cities in February, with Phoenix leading the way with a 17.4% increase from 2020. San Diego showed a 17% increase, and Seattle showed a 15.4% increase.
Patience Is the Key to Buying a Home This Year

Keeping Current Matters
APRIL 28, 2021

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are so few houses for sale.

Low inventory in the housing market isn’t new, but it’s becoming more challenging to navigate. Danielle Hale, Chief Economist at realtor.com, explains:

“The housing market is still relatively under supplied, and buyers can’t buy what’s not for sale. Relative to what we saw in 2017 to 2019, March 2021 was still roughly 117,000 new listings lower, adding to the pre-existing early-year gap of more than 200,000 fresh listings that would typically have come to market in January or February. Despite this week’s gain from a year ago, we’re 19 percent below the new seller activity that we saw in the same week in 2019.”
Here's What's Going On In May!

Various Locations
May 21, 2021 To May 30, 2021
Recurring Daily
a prix-fixe dinner for $33 or $44 per person (unless noted: excluding beverages, tax and gratuity)
(602) 307-9134

Farmers Markets & Specialty Markets In The Greater Phoenix Area
Thank You! A Big Thank You To Our Amazing Community For Coming Out To Support Our Farmers, Food Makers & Artisans. We Appreciate You! Our Vendors & Staff Are Making Huge Efforts To Keep A Safe Shopping Environment.

Westgate Entertainment District
6751 N Sunset Blvd Glendale, Az
May 5, 2021 To May 26, 2021
Recurring Weekly On Wednesday
5:00 Pm To 9:00 Pm
Free
(480) 387-5678

Westworld Of Scottsdale
16601 N. Pima Road Scottsdale, Az
May 15, 2021
Shows Begin At 1 P.M. And 7 P.M.
Advance, $18; At The Door, $22; Ages 3 And Under, Free
(602) 688-9906

Desert Botanical Garden
1201 N. Galvin Parkway Phoenix, Az
Desert Botanical Garden
April 30, 2021 To May 28, 2021
Recurring Weekly On Friday

Wild Horse Pass Motorsports Park
20000 South Maricopa Road Chandler, Az
May 22, 2021
8:30 Am To 5:00 Pm
General Admission: $49
Courtesy of visitacity.com

REALTOR®

602.317.0353 | cindy@itstime2move.net |  cindyneel.com