Tucson Real Estate Market News

I am posting national information about the 3rd quarter home foreclosure statistics published this week by USA today.

The article shows California, Florida and Ohio and having the highest foreclosure rates. Tucson Arizona had 34 foreclosures, with one household out of every 162 filing.

According to our Tucson MLS Statistics for the month of October 2007, new escrows in the exceeded homes put in escrow this time last year. There was also an increase in closed units/homes sold by 190 over the month of September.

Good news in that the amount of active home listings has also declined for the fifth consecutive month… a good sign of the Tucson market stabilizing. The medium home sales price remains the same as last year $220,000. I a posting national information about the 3rd quarter home foreclosure statistics published this week by USA today.

The article shows California, Florida and Ohio and having the highest foreclosure rates. Tucson Arizona had 34 foreclosures, with one household out of every 162 filing.

According to our Tucson MLS Statistics for the month of October 2007, new escrows in the exceeded homes put in escrow this time last year. There was also an increase in closed units/homes sold by 190 over the month of September.

Good news in that the amount of active home listings has also declined for the fifth consecutive month… a good sign of the Tucson market stabilizing. The medium home sales price remains the same as last year $220,000. I a posting national information about the 3rd quarter home foreclosure statistics published this week by USA today.

The article shows California, Florida and Ohio and having the highest foreclosure rates. Tucson Arizona had 34 foreclosures, with one household out of every 162 filing.

According to our Tucson MLS Statistics for the month of October 2007, new escrows in the exceeded homes put in escrow this time last year. There was also an increase in closed units/homes sold by 190 over the month of September.

Good news in that the amount of active home listings has also declined for the fifth consecutive month… a good sign of the Tucson market stabilizing. The medium home sales price remains the same as last year $220,000.

Check out homes for sale in Tucson at our website   thetucsonexperts.com