Tucson Real Estate Update
Active inventory levels in the Tucson MLS continue to trend lower. June 2008 saw 8,140 residential properties available. This represents a 6% decline from June 2007 and a 5% decline from May 2008. .. [read more]
Despite reports from the media, the Tucson housing market continues to correct itself and shows signs of resilience, which bodes well for future housing prospects in our area. Inventory levels conti.. [read more]
~Sales have continued to increase for the 2nd consecutive month. In fact for the first 3 months of this year Long Realty alone closed 1,346 home sales! ~They call it a “buyer’.. [read more]
- A 22% reduction in Days of Inventory along with a 20% increase in closings vs January ’08 indicates increased level of buyer activity. Downward pricing adjustments have made homes .. [read more]
A warm, sunny climate and rich cultural heritage have long kept Tucson at the top of retirees' list of winter vacation destinations. However, with a cost of living that's 3% below the national average.. [read more]
If you are in an ARM or a high interest rate mortgage, grab your paperwork and head to your Long Mortgage Consultant. Do not wait for the Feds to lower another half a point or so. It.. [read more]
"Only sellers who are extremely price aggressive are likely to get buyer attention. This may be the perfect storm for buyers with plenty of inventory available, motivated sellers and financing .. [read more]
--The year will end with about the same number of units that sold in Tucson MLS for 2002. --The average sales price in 2002 was $183,000. The average sales price in Oct. of 2007 is $263.. [read more]
This is a particularly opportune time for buyers in the market place and a particularly difficult market for sellers. Only properties that are generally in good condition and competitively priced ar.. [read more]
Real Estate 2007 is picking up in So. Cal. and seems as if it is going to be a good year! and we feel very strongly that interest rates will come down to a rate where we should see a lot of purchases .. [read more]
Pam RuggeroliLong Realty Company 5683 N. Swan Rd. Tucson, AZ 85718 Phone: (520) 665-3012 Cell Phone: (520) 954-7138 Fax: (520) 844-6306
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