Tucson Real Estate Market in 2009?
Happy New Year to everyone!
I wanted to sound this out, so that everyone will have a brighter look on 2009 than many economists and pessimists will have us believe.
The interest rates are favorable for most first time home buyers to venture out there and buy a Tucson home. Qualifiying isn't as hard as some articles would have us believe, FHA loans are still available and there are houses than can be bought at a great price in the Tucson and surrounding area.
We are seeing an increased amount of buyers over the last 6 to 8 weeks, and hopefully this will continue into this year. There are areas of the Tucson real estate market that seem to be slower, included those price points that would need a Jumbo loan, but even with a lower mean average sales price, houses are still being sold in Tucson.
I believe that Americans are tough and resilient and will fair through this Depression as they have before.
Many people will have to reinvent their professions, change the way they do business, add an extra revenue stream to their income, rethink their retirement plan, but in the long run this great country hopefully is a land of Freedom that will allow us to do just that.
God Bless America!
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