Tucson Real Estate 2007 The Buyers Revenge
There was blood in the water during much of 2007. A lot of that blood was due to unexpected sources. The House of Cards for speculators was collapsing and another source of blood was the market itself.
Tucson Real Estate 2006 Sellers Didn’t Get The Memo
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.
