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The foreclosure freeze & how it affects Tucson home buyers & sellers
Posted on October 14th, 2010 No commentsSo what’s a Tucson home buyer or seller to do? Keep on buying, and/or selling! We can’t allow fear of what may happen stand in the way of our housing needs. As FDR said in his Inaugural speech, “We have nothing to fear, but fear itself.” Look at the big picture: interest rates are at 50 year lows. Home affordability has increased dramatically in the past five years. The median sales price of a home in Tucson now stands at $150,000. In 2006, it was $225,000. This is a dramatic shift in affordability, without even taking the lower interest rates into consideration.
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January 2010 Tucson MLS Statistics
Posted on February 8th, 2010 No commentsAs a home seller, you will most likely need to make some repairs and modifications to your home prior to putting it on the market. If you are considering buying or selling a home in Tucson, please contact Sarah Ley to discuss your real estate needs. Now more than ever, it’s essential to have the representation of an experienced Realtor on your team.
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