You are currently browsing the Tucson Luxury Homes weblog archives for the day April 21, 2009.
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Archive for April 21, 2009
Changing Times Coming for Tucson Luxury Homes
April 21, 2009 by Donna Anderson.
I predict within six months that homes priced over 400K will start rebounding. Although, in the present market, most of the sales are in lower- priced homes- below 350K, the buyer showings (which reflect interest) have increased quite a bit in homes priced in the higher ranges. A market turn-around is likely around the corner. Of course, no one knows when the bottom has been met and the market pulls up– with houses appreciating– until a quarter or six months after the bottom has occurred. There is no doubt about it, the number of listings is depleting; so if you want to find your dream house at a great price,and finance it with a low interest rate, it is time to dive in!
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