Foreclosures Impact on New Construction

Can this lead to a shortage of New Construction in Tucson? It is being predicted that a lot more foreclosures are going to be on the market in 2009 which is part of the reasoning behind the estimate there will be even few building permits issued in 2009 than were in 2008.


Foreclosures for Pima County ONLY 9000 – Good News

97.84 of Homes in Pima County NOT in Foreclosure

The headline in today’s (newly shrunk) “Arizona Daily Star” ” The number of local homes entering foreclosure last year was almost 9000 and they’re dragging down home prices.”