Expired listings EXPLODE but why?

An expired listing is a property that was listed for sale but did not sell within the specified time frame. The listing period for a property is typically set by the seller or their real estate agent, and can range from a few weeks to several months. If the property does not sell before the listing period expires, the listing is considered "expired" and is typically removed from the market. The seller may choose to relist the property for sale, either with the same real estate agent or with a different one, or they may choose to take the property off the market entirely.
In the Phoenix real estate market this number spiked the last day of the year.

👉Sign up to receive Rick's weekly newsletter. 👉http://eepurl.com/h0A7B1

I am a realtor in the Greater Phoenix area serving all surrounding communities from New River south to the City of Maricopa.
👉 Get a local market report: https://rickmchone.exprealty.com/market-report.php

✅Mortgage Calculator: https://rickmchone.exprealty.com/resources/mortgage-calculator
✔ Get Pre Approved: https://rickmchone.exprealty.com/finance.php
✅ Get in touch with me! - https://rickmchone.exprealty.com/ask/c4921eeaf75dc2a40d3af5ac67cbbec3

Join my team with eXp
https://rickmchone.exprealty.careers/

✅ Reach out anytime for help in the Phoenix area.
Rick McHone / EXP Realty
cell:602-361-9834
Email:[email protected]
✅Website:www.Rickhelps.com

"Make sure not to miss a single video from
Rick! Click here to Subscribe:✔ https://bit.ly/2GZGwuF

========================================
Rick McHone
Realtor with EXP Realty
http://www.Rickhelps.com

Learn about EXP Realty
https://www.expenterprise.com/index.html

#airzonarealestate #homesinarizona #Phoenixhomes