2012 - The Year in Review with Market Statistics for Tucson, AZ
Another new year in Real Estate - another new direction in Tucson homes for sale. Sometimes as real estate agents we just get spinned around! I tend to think that our huge rise in home "values" has a lot to do with them going so far down in the first place. However, there is no denying that buyers are motivated and out there looking!
We've had a six percent increase of total sales of units here in Tucson since 2011. That's over 800 listings.
Where houses used to sit on the market...a very long time...days on the market have now decreased by close to 30% in the year 2012. Of course, there are variations to these numbers, but this is looking at the greater Tucson picture.
Another fascinating statistic I see is the type of buyers purchasing Tucson properties for sale:
2401 cash buyers,
4117 conventional loans
2714 FHA loans
1077 VA loans
For more information on the Tucson market, or market snapshots of various areas, I invite you to give me a ring or drop me an email. I'd be happy to send the latest market reports as compiled by geographic area - or to provide you with a free comparative home analysis. Here's a handy tool to do a little of your own looking as well!
If I can assist you in your home buying or selling in Marana, Tucson, Oro Valley, or Vail, please don't hesitate to call me! Email at email@example.com
Cara Marcelle Mancuso, Long Realty, (520)909-2988
Regarding the material posted in my blog postings, these are my personal opinions and not those of Long Realty Company
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