Archive for June, 2007
Tucson MLS Statistics for May 2007
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The numbers are in for May and it wasn’t the static month April turned out to be. In April I compared the Tucson MLS Statistics to getting Socks at Christmas. The market seemed to take a pause with little [...]
Tucson Home Loan Interest Rates Climb
For some time now we have heard it is a buyers market in Tucson. The one warning sounded to many buyers that keep waiting for asking prices to come down further has been the other side of the balance scale, home loan interest rates.
While asking prices continue to decline slowly, sale prices are stable and [...]
Tucson Real Estate Absorption Rates April 2007
Absorption Rates for Tucson Real Estate Market
April 2007 and YTD
Area
Active Listings
Sold
1 mo
AR
1 mo
Sold YTD
AR YTD
N
851
103
8.26
375
9.08
NE
471
61
7.72
238
7.92
NW
2668
316
8.44
1122
9.51
XNW
111
15
7.40
57
7.79
C
1325
205
6.46
702
7.55
E
560
71
7.89
311
7.20
S
557
107
5.21
322
6.92
SE
881
108
8.16
426
8.27
SW
731
63
11.60
272
10.75
XSW
319
38
8.39
125
10.21
XS
686
69
9.94
246
11.15
W
482
63
7.65
243
7.93
XW
75
8
9.38
30
10.00
PE
12
1
12.00
PS
29
5
5.80
CCO
316
30
10.53
CPI
100
11
9.09
CSC
154
9
17.11
10328
1280
8.07
X designates extended Ex. XS=Extended South
PE Pinal County East
PS Pinal County South
CCO Cochise County
CPI Pinal County
CSC Santa Cruz County
The shortest months supply is in the South with 5.21 months inventory.
The highest is the Southwest with 11.60 months supply.
Since the April data [...]
Tucson Housing First Quarter 2007 Cost of Living Report
From the Tucson Association of Realtors weekly newsletter.
First Quarter 2007 Cost of Living Report
The Council for Community and Economic Research has recently released the ACCRA Cost of Living Index for the first quarter of 2007. The cost of living in Tucson is slightly higher than the national average (100.4 versus an average of 100), with [...]
Tucson Absorption Rates vs Day On Market
Absorption Rates
Jonathan Dalton in Phoenix is the first place I heard of the term Absorption Rate. His latest post is a good example Phoenix Real Estate Inventory as of June 5.
Recently a similar term has been used around our office “Days of Inventory” How many days would it take to sell off all [...]
HIRISE High Resolution Imaging Science Experiment
Have you ever heard someone say, “I wish the paper would print some good news for a change.” I know I have, I’ve even said it on occasion. Today we got some good news on the front page of the “Arizona Daily Star“. HIRISE is something everyone in Tucson can be proud [...]
Tucson Writer’s Block Not What You Think
The past two weeks have flown by so incredibly fast I can’t believe it. I’ve had a bad case of writer’s block, but not the kind you might be used to hearing about.
Typical writer’s block is when you can’t think of anything to write about.
My writer’s block has been far from it. I [...]
