Friday, February 11, 2011

Tucson Real Estate Tabbed As A "Best Recovery Bet"

The Tucson Arizona area remains a highly desirable area and an outstanding value in real estate. Wise investors from all over the United States have started to recognize that we are at or near a cyclical low in the real estate market and the buyers have  been out in force this winter in Tucson, Oro Valley, and Marana. Many are picking up second homes and retirement homes at bargain prices.  A recent cnn.money.com article has tabbed Tucson as a "best recovery bet". I believe there will be a tremendous amount of wealth built in our country as a result of this low spot in the real estate market. With interest rates on the rise, now is the time to secure your slice of the desert southwest! What are you waiting for?

Questions? Visit DaveStuckyOnline.com. Call or text 520-991-4078

Wednesday, February 2, 2011

What Is Shadow Inventory?

Many people visiting my open houses ask about where home values are headed. Most of the people "in the know" are forecasting more declines in values nationally, for the first 3 quarters of this year. The main reason for these forecasts is the presence of shadow inventory. Here is a link that will explain shadow inventory, and why prices are expected to continue softening this year. Even if the prices do soften nationally, your market may be different. It is important that you consult with an active real estate professional that knows your area. They can give you information about local trends. If you or someone you know is interested in the Tucson market, please visit  my website for further information, or give me a call.

520-991-4078