Your Name:
Your Email Address:
To: (Email)
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

A little research on Tucson Sold homes
I was looking at November solds in TARMLS, and even though November is not over until tomorrow, it Sunday, I think we will be okay. There may be a couple that got closed in the last couple days and were not entered, so this is not an exact count.
I did go through the Short sale and  REO solds to try to make suret that they were indeed short sales or foreclosures. There is nothing on TV on Saturday nights, and I was bored. I included Central, East, West,  North, Northwest, Northeast, South, Southwest, and Southeast (no extended areas), plus only did the searches for Residential, not residential income or commercial. I found 514 solds in November, of those 109 were foreclosures, and 32 were short sales.  That shows that 27% of the solds were short sales or foreclosures. Some properties are selling, and not even a third of the solds are foreclosures, so there is hope for those that need to sell.
The bad news is that with the same search criteria we have 6,946 active listings in MLS, and those are just actives, not active contigent or active capa of which there are 820 as of today, and 304 pendings.
... more

Are you on The Rain? Grow Your Network!

Spam prevention