Tucson MLS Statistics for April 2009 Update
May 8, 2009
Post Tags: Easy-Bake-Oven , Tucson Real Estate
The Tucson Real Estate Market is heating up. I know, I know you read in the Arizona Daily Star how things are Flat, well, consider the source and the sky is falling attitude. Also take into account that most media reporting is about 6 to 9 month behind reality. For Example: We were in a recession a year before the media said we were in a recession. Granted the government too, but we won’t go there.
There is a lot of activity in the market, anecdotal evidence, we are busier than we have been since the beginning of the year. We hear the same from other agents as well. Buyers are in the market and they aren’t just looking, they are buying. Interest rates are climbing again, yesterday 30 year fixed was back to 5%.
100 yesterday, 100 today, 100 tomorrow
The market is heating up weather wise as well. The temp yesterday was 100 today 100 tomorrow 100 this week 100. What this means for Sellers, keep the house cool enough to keep potential buyers in the home looking, placing furniture, and considering your home for purchase. When they open the front door and feel like they are a cookie in an easy bake oven some don’t even want to go in, other will peek and leave.
Tucson MLS April Statistic
The report this month was out in the same record time as the March report. Now if we could get the brokerage to get their sales turned in before the 5th day of the following month it would help. The April Report for Closed Transaction 882. The number in MLS as of this writing 902. The fine for late entry $250 per transaction, adding up to $5,000 for the month in fines and counting. Someone has money to burn.
