Tucson Real Estate News

Tucson When A Bad Omen Isn’t So Bad

I don’t usually write about foreclosures or rates of foreclosure. But I want to address the article that topped the business section of this mornings “Arizona Daily Star”.

Tucson MLS January 2008 Closed Transactions Tracking

Over at the news blog Tucson Real Estate in The News I wrote a post about the January Closed Transactions and how the Tucson MLS is doing a great job of trying to get good data for the monthly Tucson MLS Statistics report.

So it is time for
Fun with Statistics

U.S. home prices fell in October for the 10th consecutive month

Nice to see that reporters and those quoted for articles don’t let the facts get in the way of what they are writing.
I’ll do a little analysis here. We learned yesterday that homes with a significant increase in value over a long period of time are weighted down.

Are You Contributing to the Case-Shiller Decline in the Housing Market?

I’ll confess, I am contributing to the decline in the Case-Shiller reports. I am one of the reasons the October 2007 numbers on the housing market have declined by a record 6.7 percent. Now here is my question, “Are You Contributing to the Record Decline in the Housing Market Report?”

Tucson is in the West - US Home Sales a Stunning Slide

We see a swing from -27.6% in the Midwest to +4% in the West. A difference of 31.6% in the activity from these different areas of the country. In case anyone might still be confused about where Tucson is located. It isn’t in the East, South, or Midwest. And this is a good thing.

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