Tucson Median Sale Price $161,000
The median sale price March was $165,000 some predicted that was the bottom. But “bottom” talk is always allusive. Right now the median for April is $161,000. Did it really drop another $4,000. Yes, but (don’t you just love yes,but) But we had a number of homes which were foreclosures or sold at auction so far in April.
Tucson Homes – Company Relocation
Homes are often bought by companies when they relocate their employees. The listing is called “A Relocation” there are quite a few of these on the Tucson Market right now.
Tucson Homes – Why are Prices Staying High
Now if there is anywhere you would think prices would be dropping rapidly it is foreclosures. After all isn’t that what has happened historically. Well this isn’t your father’s real estate market. Things have changed today. These changes are one of the reasons you will not see huge price cuts even in most foreclosure properties.
Arizona Home Prices Drop First Time in 16 Years
Welcome back from the Labor Day Holiday. We hope everyone had a great weekend and will have a great first week in September.
Tucson was greeted last week with this nice headline for all of us to read and enjoy as we headed out of town for cooler locations over the Labor Day Weekend.
However, [...]
Tucson Housing Bust
Sorry, if this breaks anyone’s Housing Bubble, but there isn’t any housing bust in Tucson. Quite the opposite. The Average Sale Price for resale in October 2006 in Tucson was $266,854 which is an increase of $13,074 over September and the New Construction Average Sale Price was up $34,162 from September to $311,658.
The Tucson Residential Real Estate Market continues [...]
