Recently Sold Ventana Prpperties

Friday, January 25, 2013

New home sales strong in 2012 despite disappointing December

Although new home sales were down 7.3% in December, overall new home sales for the year were the best since 2009. Click on the link to read the CNNMoney article.

Wednesday, January 23, 2013

Home supply down at end of year but sale hit 5-year high

The National Association of Realtors reports that total home sales were 4.65 million in 2012. This is under the average 5.5 million home sales in a healthy market, but there is a marked improvement. Click on the link to read The New York Times article.

Friday, January 18, 2013

2012 housings starts highest in 4 years.

December's new housing starts nationally ended 12.5% higher than November making 2012 the best in 4 years. Click on the link to read The Detroit News article.

Saturday, January 12, 2013

Median sales price of homes in Tucson increased 23% since December, 2011.

National economist predicts significant increases in home and rental prices in Tucson in the coming months. Click on the link to read the Arizona Daily Star article.