Category Archives: Housing Market

The Facts on the 3.8% Tax

Given recent misinformation in the community on a 3.8 percent tax on real estate, we thought we would re-post an informative article from the National Association of REALTORS on the topic. The original post can be found here http://speakingofrealestate.blogs.realtor.org/2012/10/09/3-8-tax-whats-true-whats-not/ Ever since … Continue reading

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Is the market the same at different price points?

Q: Location, Location, Location. Those are words we associate with real estate. Have you ever thought it may also be Price, Price, Price? You know that real estate conditions can vary by geographic location, however conditions can also vary by … Continue reading

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A Message To Homeowners – Things Have Changed…

There have been significant shifts in the Tucson market since just this time last year. If we look back at 2011, we were still dealing with a large (yet decreasing) supply of homes on the market, still falling prices, nominal … Continue reading

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Is the Tide of Distressed Home Sales in Arizona Changing?

In recent months, we are seeing what may be a new emerging trend in the mix of distressed homes sales (foreclosures and short sales) versus non distressed sales. Distressed home sales have had an impact on the Arizona housing market. … Continue reading

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Long Realty Launches Short Sale Community Resource Website

  In response to the growing need for information on short sales in the community Long Realty has launched a new website: www.azshortsaleadvice.com  to serve as a resource to help homeowners understand the short sale process, whether they should consider … Continue reading

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Long Realty’s ‘heat map’ charts hot markets

Long Realty each month publishes over 30 Housing Reports showing trends in local real estate markets here in Arizona. In the Housing Reports for the Tucson area, Long Realty includes a map of Months of Inventory by zip code – … Continue reading

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The Start of the Housing Upturn

  For over 6 years the Arizona housing market has been in a downturn. Falling prices, lower buyer demand, rising inventories and distressed properties have plagued the market – and in turn the economy. Are we finally coming out of … Continue reading

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Arizona Housing Gains Momentum Heading Into 2012

  While there were many challenges facing the Arizona housing market in 2011 (downward pricing pressures, tight lending requirements, appraisals and distressed properties), we still experienced a robust market with increases in sales. Here are statistics comparing January-November residential closed … Continue reading

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What’s Up With the Arizona Housing Market?

  Sales – that is “what’s up” 2011 has seen quite an increase in buyer activity across the state. Let’s use data on both the Tucson and Phoenix metro areas to exemplify buyer activity, since they represent the 2 largest … Continue reading

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Housing Matters Video for Summer 2011

Regardless of what you may hear in the national news, real estate is local and conditions can vary greatly by area and price point. For instance, in both Phoenix and Tucson more homes were sold in 2011 than in the … Continue reading

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