Monthly Archives: October 2008

Tucson Real Estate 2006 Sellers Didn’t Get The Memo

Posted on October 29, 2008 by Dave
The Speculators Left the Tucson Real Estate Market

The Speculators left the market in late 2005 but Tucson sellers didn’t get the memo. They thought it was just a pause, that activity would return and they would “cash in” on the next wave. After all “Real Estate Always Goes UP” Right? Of course it doesn’t always go up. Anyone even remotely familiar with volitility in a real estate market knows there are times when it goes down. Remember Huston when the oil fields went dark and there were whole neighborhoods of new construction vacant and needing buyers. Continue reading →

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Tucson Real Estate 2005 The Frantic Market

Posted on October 28, 2008 by Dave
Tucsons Frantic Market Like a Plague of Locust

In Tucson in 2005 we saw real estate transactions being done so fast you would have thought the Tucson real estate market had gone to the day traders. Prices were going up so fast no one could keep track and … Continue reading →

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Tucson Real Estate Affordability

Posted on October 27, 2008 by Dave
Affordability is Key

Affordability is the key to the turn around in the Tucson Housing Market. It is the key to turning around the real estate markets in the entire country. Property values shot up to high and very fast. For the past 4 years affordability had little to do with buying or selling a house in Tucson. Here in Tucson in 2005 we saw real estate transactions being done so fast you would have thought the Tucson real estate market had gone to the day traders. Continue reading →

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