With that all said, I can say I am very pleased with our April statistics. Everything looks very positive again. That is four months in a row for 2012, of good housing statistics, for Tucson. A couple of things that need to be pointed out is the very low number of Active Listings. This can cause prices to go up as buyers have a fewer amount of listings to work with. The other item is the Homes between $500,000 to $750,000 that sold was much higher in April. There were 38 of the 55 above $500,000 that sold in this range. That is good, as it will help the higher end of the market. This group also helps push up the Average Sales Price.

If you go back to October of last year you will see steady improvement for 7 months. Keep in mind this is Tucson and not the National Statistics. Pay more attention to what is happening in Tucson and not the Nation. Have you noticed oil came down but we are still sitting at $3.659 per gallon for the past two weeks. There goes more of our hard earned money for gas. I just hope someone finally wises up to the abundance of natural gas in our USA and starts to use it and replace Coal and Oil. If we pulled more oil out of the ground the money would stay in the US and offer more jobs. Better it stayed here than other countries.

We are building our Property Management and would like to hear from you if you want to place your home in Management or even purchase an investment home. Call me anytime at 520-240-7130.

There are some new things coming down the road that may help the Short Sale and foreclosures with more workouts happening. Do not be afraid to keep trying to get help from your Lender. They really do not want your home and may be able to work out new payments for you. ASK!!

Interest rates have dropped below 4% again but I am not sure how long that can last. As prices start back up you may have waited too long if interest rates start back up again. Just look at the Charts I provide and decide for yourself. IT IS TIME TO BUY!!

Call me if You need help and information on a Lender. Call my cell 520-240-7130.

We are looking for properties to manage properties on the East side so call my son David at 520-296-7143 for information.

Everyone of the Stats in the Chart are really good, and this is the best month for everything.

	Sep. 2011	Oct. 2011	Nov. 2011	Dec. 2011	Jan. 2012	Feb. 2012
Average Sales Price	$150,699	$151,812	$158,434	$161,471	$157,059	$164,513
Median Sales Price	$117,500	$120,000	$122,000	$120,000	$125,000	$125,000
Total Units Sold*	1064	982	1015	961	915	1019
Active Listings	5155	5290	5191	4911	4840	4560
Days On Market	80	74	78	78	80	77
Listings Under Contract**	2059	2070	1996	1903	2398	2618
Sales Over $500,000	19	21	33	31	26	32
The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables. * Closed during the month. ** For the current month (not the total listing under contract)

	Aug. 2011	Sep. 2011	Oct. 2011	Nov. 2011	Dec. 2011	Jan. 2012
Average Sales Price	$154,944	$150,699	$151,812	$158,434	$161,471	$157,059
Median Sales Price	$122,200	$117,500	$120,000	$122,000	$120,000	$125,000
Total Units Sold*	1106	1064	982	1015	961	915
Active Listings	5167	5155	5290	5191	4911	4840
Days On Market	73	80	74	78	78	80
Listings Under Contract**	2121	2059	2070	1996	1903	2398
Sales Over $500,000	24	19	21	33	31	26
The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables. * Closed during the month. ** For the current month (not the total listing under contract)

I have been running busy to slow over the past month or more, but I am busier than in the previous months. There are days that I am almost brain dead when I get home and just want to veg in front of the TV after I get done with the very important parts of my day. When the business is there we have to work those extra hours to get things done. Speaking of getting things done, if you are thinking of purchasing in the next few months get you Loan lined up and things done so that is not a problem. You look better if you have completed most of the requirements on the Prequalification Form needed for the Contract.

Call Renee Hahnee at NOVA (520) 202-5329 or Dannielle Andrade at Washington Federal at (520) 296-3203

They are both good at their job and very service oriented. Dannielle has Manufactured Home Loans and Investor Loans but no FHA or VA.

I hope this is a better year for all of us but I really have my doubts. We will get more class warfare as the current President has nothing he can run on but…………….. and he likes to blame everyone for his inability to be a Leader. He is the President, but not a Leader. He has done VERY well at dividing. I am sure there are many that will not agree on my politics, but what has the last 3 years gotten you or your family. Lots of unemployment for most!!

Anyway I do not let my politics get in the way of finding you the best home to buy and give you all the assistance you need. I have been at this for 33 years and have been through almost everything that I think can happen. There are some occasional differences but probably something I have seen before. Let me help you!!

We are growing our Property Management Department and my son David will be developing part of our company. He used to manage over 130 units until he wanted a life again. Now he is being very selective in what he will take, and I do not blame him. Call him if you want to have a great Manager or if you want to buy an Investment Property.

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

Everything shows improvement except the listings under contract went below 2000 units which gives me some concern. A large percentage of this number is Short Sale and REO homes which may be due to the Holidays coming up and people want to wait until January. I know I have a buyer that is thinking that way. I really think we are in a break out position as far as Tucson is concerned. Our Inventory has been very steady and we are not getting a large number of homes for sale. If you stop to think about that, you will see that not many homes will go on the market because most of the Sellers will owe more than what the home is worth today, so we do not see that upward or downward movement of Sellers to Buyers as in years past.

Now here is another thought. The people that lost their homes two years or more ago, and who have cleaned up their credit except for the Short Sale of their home, are entering the time frame where they may qualify for a FHA Loan. It will be available for those who can qualify. If you are in this part of your life and still want to purchase, start checking with a good Lender. As time goes by the numbers will increase and the inventory will go down as prices start back up, I hope at a modest increase. We do not need another 2005.

If our wonderful Government would only get their act together we might see National Improvement, which would bring people back to Arizona again, because we have a great place to live. All we need is a great place to work and Great Schools and we would all be better off. I know we all have our different opinions, but I ask you how good has this Administration been for you? They had it all for two years and squandered it all, for most of us. You do not create jobs by taxing and spending. You create jobs by helping businesses grow and hire which is not where we are today. Tax, tax and spend, spend(with money we do not have) on things that should not have the priority that was done.

Our freedoms are being taken and we just sit and argue about who is right. We must start reducing our countries expenditures to get back to a balanced budget. We now are a society of what I want, I want it today, even if I have to pay for many years. What happened to just plain CASH. No cash, no buy. I know credit is great, but manage it well within your means. You do need some credit to buy a home. No Credit, you may not be able to buy, but manage that credit well.

I guess one of these days I need to write a Blog about what I feel. I know it will cause some to not like me, but that is OK, as we should all be able to express our opinions. I spent 21 years in the Air Force and never worried about, was I liked. My job needed to be done and all I expected was RESPECT. Follow the Rules and we all get along. If you are paid for eight hours of work, give eight hours of work. Be on time, and by all means do your job right, so someone does not have to fix your mess. Your mess costs your employer and I question why you are still there!

I want to wish all my readers a MERRY CHRISTMAS and a Happy New Year. Make 2012 the best year of your life, and help anyone that you can, as so many are hurting. My small church in Vail, Grace Fellowship, takes this as their, shall we say Mission. They have partnered with many, to help others. They want to help the Vail Community and schools, so others may be able to get back on their feet.

I hope you noticed that I was not politically correct and wishing you Happy Holidays as I believe in the greatest history book out there which is the Holy Bible. What was good for our forefathers should still be good for us. Why are the few allowed to dictate to the many. There is space for each of our beliefs, so don’t try to shut down the other person.

Again Merry Christmas to all and to all a good night

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

Again we have had some changes that were not for the good, but the changes were small. Sales of homes over $500,000 numbers are still dropping. This has more effect on the Average Sales price than the Median, but our Median did drop almost $5000 from August which surprises me as Sales were down by just 42. This next month will probably be key to our recovery for the last quarter.

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

Again I have seen some good statistics on spending which can work its way into housing. Interest rates are still at all time lows, but do not expect them to stay this low for much more than six months.

Jobs are still the prime factor of when we will really start out of this terrible spot we are all in. If you have a good job that is safe, you better be very thankful, as you are part of the lucky ones. I think a lot of our lives could change if we just looked at our Tax Code, Taxes and OIL. WHY, when we sit on more of the worlds reserves do we continue to buy from other countries? Do not believe what is said by the administration that we only have 2% of the world reserves, as the statement is flatly false, based on our own governments statistics. Just another scare tactic to stop us from drilling. We have the technology to drill and protect the environment but we do not create the jobs in that area and produce much cheaper Oil for the US, that the money stays in the US.

Call me at 240-7130 if I can help you with a owner occupied home, or you want to buy investment homes. We have a Lender right here in Tucson that will allow, I believe up to 10 homes, that the Lender keeps in their portfolio.

Have a safe Halloween.

I did look this up and I feel I am right as there were only 24 homes that closed above $500,000 in August as compared to 52 in July. I will add these numbers to our table and watch this statistic also. This will have a bigger factor in the Average Sales Price and a small factor in the Median Sales Price.

Total units Sold was 18 less sales than the previous month, still OK. Active listings has continued down over the last 7 months, which is also OK. Listings under Contract went back up from a low in July, which is OK. Average for, Tucson Days on Market, dropped 3 days, which is OK.

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

All in all I would not call August a bad month, but a good solid average month, for where we are. I am still thinking this last quarter of 2011 will see us start to level out and price and sales pick up slightly.

I keep track of Notices of Sale, which become Short Sales or Foreclosures, and the number that was in the paper was much higher than my count (838). I did not keep the article but I know my number was lower. I am just looking at Residential and that may be the difference in the numbers, but not sure. Next month I will start posting my count so we all can see how the Notices of Sale are affecting our Tucson Market. These number are for Pima County and include areas not in the Tucson Metro Area, but should be a good way to measure where we are and how soon we might start out of the bottom.

With prices where they are, and interest rates hovering around 4.5%, I can not stress how important the next few months are if you are ready to purchase. Why not call me to discuss what to do. Call me on my cell at 240-7130.

This Administration took their eye off the ball and worked only on Heath Care. I am sure there are many that think this was a great thing and in ways it is, but there is so much tax law in this Bill that it will all come out after this current President is gone. The cost to all of us will be so much higher than projected that I really hurt when I think what is coming down the pike. I will be retired when the sh…hits the fan and it will if this program remains. We need smaller government that works for us not their political future.

Now the July statistics. We are again just in a holding pattern but not going down. What has gone down is the interest rate. We are under 4.5% for the moment and you need to act soon as it will probably stay under 5% for a few months. Some of the important numbers are down some but that has changed each month for this past year. I am still looking at a more stable market in the last quarter.

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you may find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

I have had a great month and I hope this shows up for all of our Real Estate community and we really get up for that last quarter of 2011.

If I can help you do call me at 240-7130. We sell Real Estate and my son David does East side Property Management. David and I also do Short Sales for Owners who are underwater. Call us.