Archive for June, 2007

Tucson Testing the Sand


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I know it is usually called testing the waters. Here in Tucson there is talk all the time about conserving water so I called this practice testing the sand.
It is hot enough in Tucson in the summer that you [...]


The Rabbit in the Moon on a Hot Day in June


I stepped out to get the mail and give my eyes a break from the computer and saw the moon shining bright in the full light of day.
I have often tried to show people the rabbit in the moon, but have been unsuccessful in describing it in enough detail for anyone to make out the [...]


Tucson Home Sellers The Big Gamble


Rolling the Dice 
Rolling the dice is only fun in games of chance when you don’t care if you win or lose.  Rolling the dice in real life can be very risky especially when you decided to roll the dice and take a chance with what is probably the largest investment you have.
It is amazing how [...]


Tucson Real Estate Establishing Asking Price


Tucson Homes Canoes and Submarines
The Tucson Real Estate Market has seen some huge turns in the past two years. It had a huge run up in 05 continued into the third quarter of 06 and then headed in a steady downward direction for asking price.
The sales prices continued to climb at a fairly steady [...]


Tucson Real Estate Absorption Rates May 2007


Absorption Rates for April and May 2007
Tucson Real Estate Market

Area

May Listed

May
Sold

May
AR

Apr Listed

Apr
sold

Apr
AR

Sold YTD

N
820
115
7.13
851
103
8.26
502

NE
462
66
7.00
471
61
7.72
302

NW
2617
323
8.10
2668
316
8.44
1457

XNW
113
13
8.69
111
15
7.40
72

C
1349
220
6.13
1325
205
6.46
937

E
553
97
5.70
560
71
7.89
411

S
561
111
5.05
557
107
5.21
437

SE
890
134
6.64
881
108
8.16
569

SW
736
67
10.98
731
63
11.60
345

XSW
315
23
13.69
319
38
8.39
149

XS
695
74
9.39
686
69
9.94
322

W
533
59
9.03
482
63
7.65
308

XW
69
11
6.27
75
8
9.38
42

 
9,721
1313
7.40
9,717
1227
8.07
 

Absorption rates are something we just started reporting. It is calculated by taking the number of Active Listings on the market in a given area. Dividing it by the number of homes sold in that area to determine the number of month it [...]


Tucson MLS Statistical Reports Change


Tucson MLS Data Gets Better The Reporting Gets Worse
The basis for the Tucson MLS Statistical reporting has changed. Starting with the May 2007 Statistics only the areas which are a part of Tucson will be included in the figures.
This is a great move. The outlying counties and even listing figures from Mexico have been included in [...]


Tucson MLS Total Units Sold


Redacting History
George Orwell in his book “1984″ portrayed a society with a department of government whose only function was to go back and change all publications to reflect the current political climate.
Sometimes changes to numbers need to be made for purposes of correction. When corrections to data are made it is customary to [...]