Wow, could the housing market really be stabilizing like many in the media are claiming? At the end of July 2009 we have 6,075 active listings in the Tucson market which is down 21% since January 2009 and is the lowest since December of 2005 when we had just below 5500 listings. Some are speculating that we could see 3000 by year end.
Many are saying that this is because so many people have given up and decided to take thier homes off the market. But, the bottom line is that there is no doubt that Tucson will continue to grow and that if we continue to have decreases in inventory, prices are sure go up. Let's hope so anyway! Its seems like a terrific time to buy!!
Sandy McKee
Loan Officer, Tucson AZ
520-907-3225
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