Posted by admin on September 26, 2006
Average sales price and median sales price both dropped from July to August. It looks like we are seeing the softening finally showing up in the market. Active listings went up by almost 450 listings. And was I right about days on market?!? That jumped to 53 days for August. I expect 56-58 days for [...]
Posted by admin on September 22, 2006
This past summer with the storms that passed through Tucson and caused flooding and power outages, gave me some thoughts and concerns for my family. Am I prepared for any type of disaster or stoppage of services? What if a windshear took out my electricity for two days or more, am I prepared? Are you [...]
Posted by admin on September 20, 2006
The Overnight Federal Funds rate will remain the same for the next month. Still some inflation concerns by the Federal Reserve. This should help mortgage rates to hover around 6.5% for the next month. Also noted was housing starts nationally have dropped 6% in August for a more than three year low.