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Housing Reports
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Tucson Median Home-Sale Price Increased 6%
Posted: May 07 2012 By: insighthomes
Tucson’s Median Home-Sale Price Increased 6% in March from February
Article by Arizona Daily Star, Source: Arizona Daily Star
Tucson-area home prices rose more than 6 percent in March as unit sales rose nearly 19 percent compared with the same month in 2011, according to the latest data from the Tucson Association of Realtors Multiple Listing Service.
Categories: Housing Reports, News
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Tucson Is Forbes Best City To Buy A Home
Posted: April 16 2012 By: insighthomes
Forbes List Ranks Tucson as the Best City to Buy a Home
Article by Morgan Brennan, Source: Forbes.com
“In the case of Tucson, you are looking at foreclosures dropping back quite a bit coupled with a stable employment market,” says Berkowitz. The area has a 7.8% unemployment rate, a tad lower than the national average of 8.2%, helped by the presence of sizable employers in the recession-resistant education and government sectors, including the University of Arizona, Davis-Monthan Air Force Base and the U.S. Army Intelligence Center. All of this suggests Tucson’s housing market may be bottoming.
Categories: Housing Reports, News
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Tucson Is Ranked No. 1 For Housing Investors
Posted: April 02 2012 By: insighthomes
Tucson is Ranked No. 1 by Realtor.com for Housing Investors
Article by Dale Quinn, Source: Arizona Daily Star
Tucson is the best market for real estate investors, an online real estate company says. The Old Pueblo, where home prices have tumbled to levels not seen since the early 2000s, topped Realtor.com’s top 10 list of investment towns. Realtor.com tracks data in 146 major metropolitan markets.
Categories: Housing Reports, News
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Rights of Property Owners Strengthened
Posted: March 26 2012 By: insighthomes
Supreme Court Strengthens the Rights of Property Owners Ruling Against the EPA
Article by Sean Cockerham, Source: McClatchy Newspapers
The Supreme Court appeared sympathetic Monday to an Idaho couple’s fight to build their dream home over the objections of the Environmental Protection Agency, in a case that could have far broader implications and limit the EPA’s ability to regulate developers, energy companies and others.
Categories: Housing Reports, News
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Many Housing Indicators Are Moving In The Right Direction
Posted: March 19 2012 By: insighthomes
Many Housing Indicators Are Moving In The Right Direction
Article by John Gittelsohn, Steve Matthews, and Chris Christoff, Source: Bloomberg Businessweek
Dan Kowalyshyn figures he owes about $200,000 more on his mortgage than what his home in Eastvale, Calif., is worth today. The tile-roofed four-bedroom is across the street from a cul-de-sac where three of the six homes have been lost to foreclosure since his $570,000 purchase in 2006. Kowalyshyn, a software developer, has decided to keep up on his mortgage payments because he sees signs of improvement outside his window. Trucks drive by to deliver lumber for houses being put up by PulteGroup (PHM), KB Home (KBH), and Meritage Homes (MTH). “Either those builders are insane, or they’re getting some traction selling new homes,” Kowalyshyn, 40, says. “I think we’re seeing the beginning of a recovery.”
Categories: Housing Reports, News
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