We may have just turned the corner! Active listings in Greater Tucson are now about 6000, versus 7900 six months ago. The median price has held between $160,000 - $170,000 now for several months. We see that the trend is moving up
Opportunities are excellent for good buys throughout Tucson. With interest rates around 5% this is perhaps the best opportunity to buy a home and to invest in real estate.
If you wish a "luxury" property, those sales were at a standstill, but recently are picking up. There are many great buys, below where owners purchased these homes three and four years ago. Whatever your price range, our expertise is in matching lifestyles to the right home. We welcome your calls or e-mails: info@abmurray.com or call 520-404-5533 (Jack) or 520-400-0505 (Barbara) to discuss the current market.
If you would like current statistics for any area, please e-mail or call 520-400-0505 for your full up-to-date market report.
Approximate Location Boundaries: Metropolitan Tucson
Location Characteristics: Attention Buyers!!!! Our team has lenders with the ability to lend money and fund loans, whether it is an FHA or a Jumbo Loan! Call us today to find out more! 520-404-5533
Tucson's real estate market is very diverse geographically, as it extends north/northwest into Pinal County and Saddlebrooke, west to Dove Mountain and Continental Ranch/Reserve, and northwest along I-10 where new subdivisions are mushrooming. Southeast growth is strong also with new subdivisions planned extending east to Benson. To the South Sahuarita is growing quickly.
Things are happening in Tucson real estate. In the central core prices may be appreciating! Sales across the board are strong under $300,000. In some cases we are seeing multiple offers.
In the higher price ranges, those sellers who recognize current market pricing are seeing sales. Additionally the high end has made great strides from six months ago, with attractive prices and opportunities for financing still available.
Lot sales have lagged over the past year. It is a great time to pick that lot for your special home, as prices are now tempting in multiple areas.
Whether you are a first time homebuyer or looking to find a luxury view property, you'll experience the same high level of service as we introduce you to neighborhoods and properties that may be of interest. Our mission is to "thrill" you with a positive real estate experience, such that you'll want to introduce us to your friends.
About The Murray Group: Barbara and Jack:
Earning your referrals as we continue to maximize your real estate investment. Communicating every step of the way to provide you as "hassle free" and profitable real estate transactions as the market permits.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
