We’re now looking at the lowest selection of housing since April 2005. Back then, Buyers were literally camping out overnight in front of Builder’s sales offices waiting for them to release lots for new construction… Read More
March 2012 Housing Report
Despite a jump in New Listings, the total Active Listings continued to decrease due significant buyer activity and prices start to rise… Read More
February Housing Report
Sales Volume increased by 16.65% in February… Read More
January Housing Report
We are headed in the direction of a Seller’s Market… Read More
November Housing Report
November statistics are revealing a new market in Tucson. The market is slowly becoming a Seller’s Market. Notice the Total Sales Volume increased by 7.87% over October and a big increase of 11.22% over November 2010. Read the Full November Housing Report.
Knock on wood, Tucson real estate market inches closer to stabilization – Inside Tucson Business: Construction / Real Estate
Although prices of existing homes are down 14 percent from lastyear, the Tucson real estate market just might be starting to showtiny micro-…
Foreclosures plunge in first half of 2011
Foreclosure filings fell dramatically during the first half of the year as processing delays at the banks, which are strapped with excess inventory of repossessed homes, continued to skew the numbers — and falsely raise hopes that the housing market is staging a recovery. Full Story on CNN.com
June Housing Report
Tucson’s housing inventory continues to decrease. The number of homes currently for sale is back to 2005 levels. While we wouldn’t say that it’s a Seller’s market, things are trending in that direction. For example the Buyers we are working with are frustrated with the lack of selection and finding that the home they want has just been snapped up by someone else!Prices are holding steady and the most active price range is $100,000 – $140,000. This tells us that a lot of buyers are probably investors and they tend to lead the market. Click here for the full report
Pending Home Sales Turn Around in May
A few weeks ago I reported how low our housing inventory has become recently in Tucson. We’re at levels not seen in over 5 years. Pending Home Sales Turn Around in May.
Floodplain website instructional video
Tucson FEMA Floodplains are changing. If your property falls into a newly designated floodplain, you may qualify for reduced flood insurance if you sign up before June 16th. If you need help figuring out of you are in a flood zone, watch this linked video.