Tucson Real Estate Market
Archived Posts from this Category
Archived Posts from this Category
Just a quick update on how the Tucson Real Estate Market faired for May 2008. It looks like Average and Median Sale Prices are going to be reported lower than April. Pending contracts appear to be up, New listings down slightly and Active listings under 9000 for the month.
Do you find yourself reading the national and local news wondering what is going on in the Tucson Real Estate Market. Do you assume you know “How BAD it is”. Everyday I see Google searches coming to our sites with search terms like:
I get asked all the time if I’m calling bottom in the Tucson real estate market. The usual reply not only by me but others is: “You can only call bottom after it has already happened”
We have all seen a movie or program where someone is crossing a street looking one way to make sure it is safe and getting hit by a bus coming from the other direction. It is sudden, shocking, and fatal.
I think vultures have gotten a bum wrap through out history at least modern history.
Vultures are usually portrayed as the bad guys. The bird that circles overhead when something or someone is about to die and swoops in and finishes them off.
Or they can be viewed as the heroes that leads the rescue […]
I came across an interesting term this morning and it got me to thinking about pricing your home to sell. We usually talk in terms of List Price or Sale Price and the List Price to Sales Price Ratio. But far to many sellers start out with the “Wish Price”.
Pima County is expected to continue to Grow at approximately 2% per year through 2015. This growth rate will have a continued positive effect on the Tucson AZ Real Estate Market.
PLUNGE I tell you, they Plunge like sticking your big toe in the water and saying you went for a swim.
It seems like there is a lot of plunging going on in the media. Plunging AZ Home Prices Cut into Gains.
Some Subprime and ARM borrowers Could see a freeze on their interest rates.
Late breaking news on a 5 Year fix on interest rates for SOME borrows under certain conditions. This is being reported on the Bloomberg.com Subprime Rate Five-Year Fix Agreed by U.S. Regulators (Update7)
Do you remember back on September 18, 2007 when the Federal Reserve dropped two crucial interest rates by 1/2 percent? That was hailed by Wall St. as a salvation move for the economy and it did seem to quell the jitter in the Stock Market over the Mortgage Meltdown.
One of the side effects of […]