Tucson Not No. 1 in falling home values


Tucson Home Prices April 2010

Most people still purchase a house to be their home. They don’t buy for the short term investment. They buy for a place to live as a family even if it is a family of one. Is it an investment? Of course it is, but it is my home first.

The Credit Goes to . . .


However, we do have the ability to use something called “Logic”. It doesn’t get used much these days. Logic has become the ancient scroll of reason that have been buried in pop culture. I hope someday it’s star will shine again.

Tucson Shadow Inventory


If you need something to worry about, go for it. I don’t think it is a big issue. The Seller Dumping didn’t happen, the dumping of REO homes on the market causing Sale prices to plummet is another thing I don’t see happening.

Tucson Shadow Inventory – Competing with your own Comps


empty beer bottle in the painted desert

Competing with your own Comps is one of the reasons a bank would go to the trouble of fixing up a home getting it ready to live in before putting it on the market.

Tucson MLS Statistics for April 2010


The one thing that jumped out at me in the year over year comparison was the Average Sale Price. It was UP for the first time since Feb. 2008 over the previous year.