Tucson A Place to Retire During Economic Downturn

Another indicator of the stability of not only the Tucson Real Estate Market but Tucson itself is the article published in Smart Money’s February issue. The article “Seven Places to retire in an economic downturn” put Tucson as one of those desirable places to consider. Some of the things mentioned in Tucson’s favor.

• A warm, sunny climate
• cost of living that’s 3% below the national average
• housing costs 20% below the national average
• average sale price for existing homes dropped just 0.01% in 2007

Add to this list the fact that Tucson Property taxes average between 1 and 1.5% making it one of the lowest property tax communities in the country.

Tucson is a very desirable place to retire and live.