What is the water heater capacity?
March 19, 2010
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Tucson home buyers want to know
Water heaters aren't "pretty"
They are nothing to look at. Have you ever thought of a water heater as “pretty”. Most people want to know where it is or is it electric or gas. But that is often the extent of it.
This past week we met a car full of college girls looking to purchase a home with 4 bedrooms near the U of A. They had cameras in hand and were looking around the place with attention to detail. I was impressed.
Then we found this door to the basement. Well it wasn’t really a basement. It was a room 6 feet wide and about 10 feet long under the house. The main thing down there was the water heater.
I headed down the stairs and the “leader of the group” followed me down. I was impressed, most “girls” don’t want anything to do with a dark narrow basement.
She checked out the water heater and asked “What’s the capacity?” It was dark and cramped and I couldn’t really read the labels. Point and shoot to the rescue. I took a few snaps and we went back up the stairs. Did I mention the stairs were about 2 feet wide?
Forty Gallons Four Girls = One Cold Shower, at least.
Once back in upstairs I zoomed in on the photos and found the label with capacity stamped on it. “Forty Gallons”, I said. She paused and thought “We will have to replace that”
LOL, The idea of 4 college girls getting along on a 40 gallon water heater made her think. The last one to the bathroom wouldn’t have any hot water.
Again, I was impressed that she thought to check out the water heater capacity. It seems college girls think about things like cold showers and running out of hot water.
I was impressed.
Post Tags: Tucson college girls , water heater capacity
Tucson Absorption Rate February 2010 8.98
March 10, 2010
January’s absorption rate was 9.12. I was actually expecting to see the February rate higher than January’s. The number of new listings being over 2000 and the number of closed transactions at 750 looked like it would push the absorption rate up. It didn’t. The rate dropped ever so slightly.
But that is the overall absorption rate. The detailed look area by area shows where there were movement in both directions. It is always interesting to see what parts of Tucson are moving and which ones have lost ground.
Last year the hot areas of town were Central, East, South, and South East. Those areas were often under 4 months of inventory in 2009. They contributed greatly to the absorption rate falling to 6 months during the 3rd and 4th quarters last year.
The Central area has seen the largest increase in inventory shooting up to 13.61 months of inventory. East and South East have moved into the 8 + months and only S is holding at sub 6 months inventory with 4.71 months of inventory.
The biggest swing was a statistical swing. The XW area had 49 listing last month and 1 sold showing a 49 month inventory in that area. That dropped to 14.66 months with 4 transactions this past month. Showing how little things have to change in reality to inject a major statistical swing.
The number of pending contracts in February was a great sign for March. We already have over 200 transactions recorded for the month. That might not sound like a lot with 1/3 of the month gone, but it is.
Keep watching the updates for March as the closed transactions continue to be entered into the system.
If you want to see the entire Tucson MLS Statistics report for February it is in the side navigation under “Documents”.
Post Tags: Tucson absoprtion rates February 2010
