Real estate blog entries tagged with economy by Robin Willis, Tucson's Expert Agent, Realty Executives (Realty Executives Southern Arizona)

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economy: Woman Shoots Herself Into Mortgage Forgiveness - 10/13/08 04:24 PM

I have decided to label 2008 the Year of Fear. There is so much uncertainty in the economic marketplace, the real estate market and in the employment sector of our economy that a lot of people are either responding in fear or are hesitant about what to do next.
One woman … (0 comments)

economy: Tucson AZ Real Estate Market Report - September 2008 - 09/24/08 09:19 PM

Like the rest of the country, the Tucson Real Estate market has taken its share of lumps over the last year or so. However, we have been seeing a reduction in inventory over the past nine months, which is the first step towards a recovery. Will we continue this trend or … (1 comments)

economy: Tucson AZ Real Estate Market Report - August 2008 - 09/04/08 04:27 PM

So how's the market? That seems to be everyone's favorite response when they find out I'm in real estate. I appreciate the question because it means that people want to know from a local expert instead of relying solely on the media for information. The market was kind of blah for … (1 comments)

economy: Housing Stimulus Bill Signed - July 30, 2008 - 07/30/08 04:14 PM

President George Bush put pen to paper today and signed the Housing and Economic Recovery Act of 2008. There is a lot to this bill, some good and some bad. Here are the highlights: the good, the bad and the hideously ugly...
Conforming Loan Limits
Conforming loan limits were permanently set … (6 comments)

economy: Tucson AZ Real Estate Market Update - January 2008 - 01/22/08 10:27 AM

We are still hearing some doom and gloom forecasting from the national media, but here and there we are also beginning to hear snippets of positive reporting, especially in our local Tucson area. So what's going on? Are things really turning around? Let's look at the numbers.
Sales Volume
Comparing numbers in December … (0 comments)

economy: Slow But Steady - Tucson Real Estate Market Analysis - 01/07/08 11:15 AM

While the national media still reports very bad news for the real estate market, our local Tucson market continues to stabilize slowly but surely. It is still a fantastic time for buyers because our inventory is still so high. However, I predict that within the next 12 months we will see … (1 comments)

economy: More Thoughts on the Bush Administration's Rate Freeze Plan - 12/08/07 10:02 PM

A few days ago, I made some comments about the new rate freeze plan based on the details that were out at the time. See Help on the Horizon for Sub-Prime Borrowers? Now that more details are known, I am a lot more skeptical about the positive effect that this plan … (6 comments)

economy: Help on the Horizon for Sub-Prime Borrowers? - 12/06/07 01:13 AM

The problem with the housing market has certainly reached a crescendo in recent months and has gained the attention of the Bush administration recently. The current suggestion is to put a five-year rate freeze on sub-prime mortgages that are currently being paid on time at introductory rates, but are scheduled to … (31 comments)

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