Tucson MLS Listng

Pending listings in Tucson are up and this is fantastic. This same trend can be found  throughout much of the state. (although it doesn't seem as though anyone is willing to report any positive news in the media) With sold to list price ratios dropping near 95%, clearly we can attribute part of the increase in pending sales to a willingness of sellers to accept lower prices for their homes. However, the continued steady population growth in Tucson also attributes to this. It will be interesting to see what happens within the market in the upcoming months. Recently, active inventory is showing signs of decreasing. Will this trend continue?