Realty Times - Tucson, Arizona Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

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Market Conditions Summary for Tucson, Arizona

Reported by

Greg McCown
as of 10/15/2008:

As of 10/13/08 there are 6876 Active Residential listings and 1263 Under Contract. Call Greg McCown at 520-907-6760. For the most Complete Statistical Report visit... MORE->
About Greg McCown

Reported by

www.RetirementTucson.com
as of 10/15/2008:

Tucson's Active Adult Communities are weathering this volatile market fairly well. Prices have stabilized at pre-boom levels. Homes are selling but with longer market time. Short Sales and Foreclosures are rare in these communities so there is no... MORE->
About www.RetirementTucson.com

Reported by

Barbara Lasky
as of 10/13/2008:

Tucson finished September 2008 with the strongest number of closed transactions since 1996. For a complete analysis and ongoing information about the Tucson Real Estate Market go to our site:... MORE->
About Barbara Lasky

Reported by

The Murray Group: Barbara and Jack
as of 10/12/2008:

The fact that Tucson continues to increase by about 18,000 people annually (down from as much as 28,000 before decline in the national economy) has kept our economy growing, albeit at a slower pace than in the past two years. Job growth had been... MORE->
About The Murray Group: Barbara and Jack

Reported by

Lorraine & Larry Steckler
as of 10/8/2008:

Mortgages are in the news again�.but this time, the news is good! Especially for people looking to buy or refinance a home. Interest rates for conventional 30-year mortgages have dropped to their lowest levels since April. We've seen rates as... MORE->
About Lorraine & Larry Steckler

Reported by

Pat Rogers
as of 10/3/2008:

The Real Estate Market is stabilizing a little, and the interest rates are heading upward to around 6.5%. Although the market prices are sliding, a bit, the market inventory is shrinking each month, to under 7,763 active listings, for August,... MORE->
About Pat Rogers

Reported by

Debbie Williams
as of 10/2/2008:

Visit www.LiveInGreenValleyAZ.com to preview the complete & up-to-date MLS. Are you aware of changes in the Capital Gains Tax law effective 1/1/09? Visit our web site to learn more & how these tax law changes might impact YOU! Cooler... MORE->
About Debbie Williams

Reported by

Brenda OBrien, REALTOR
as of 9/19/2008:

Brenda's Tucson Housing Market Report August 2008 Tucson Home Sales Active Listings Dropping Every Month! Currently at 7,763 Inventory Continues To Decline. Since February of this year the number of Active Listings has Dropped Every Single... MORE->
About Brenda OBrien, REALTOR

Reported by

Leach/Wilson Team
as of 9/15/2008:

BUYERS: Good News for buyers: With the amount of inventory of resale homes it provides the buyer the opportunity to compare homes before making a decision and making an offer. Great News for Buyers: New home construction isn't as... MORE->

Reported by

Janie & Barrie Herr
as of 9/13/2008:

With interest rates dipping, and home prices at their bumpy bottom, this is the best time to buy a home!! The statistics for August are a bit soft, but we should remember that summer dips in sales units are common and occur each year,... MORE->
About Janie & Barrie Herr

Reported by

Jon Quist
as of 9/10/2008:

Our Tucson Market Continues Towards Stabilization as reflected with July 2008 sales figures. As we approach the second half of 2008 we continue to see market improvement in many areas. Homes for sale, or active listings, is a big positive... MORE->
About Jon Quist

Average Current Market Rating: 1.7 (11 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (11 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Arizona > Tucson
Casas Adobes - Central Tucson - Central Tucson - Heritage Highlands - North Tucson - Northeast Tucson - Northwest Tucson - Quail Creek - Rancho del Lago - Rancho del Rincon - Rancho Vistoso - Sun City Vistoso - Tucson Foothills - Tucson Mountains - West Tucson

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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