Recently Sold Ventana Prpperties

Friday, December 4, 2015

Home prices up because baby boomers aren't moving out

Previous generations downsized soon after the kids left home. Not so for the baby boomers who are creating a housing short fall resulting in higher home prices. Click on the link to read the full Tucson.com article.

Sunday, November 15, 2015

Home prices slowed over the summer months

In mid summer home price increases slowed suggesting the economy will improve at a more temperate pace. Click on the link to read the full WSJ article.

Wednesday, August 26, 2015

Arizona home prices rise a healthy 6.8% in the past year.

On the national level, figures from the Federal Housing Finance Agency report shows home price only up 5.4%. This means Arizona home prices were similar to those back in 2008. Click on the link to read the full Tucson.com article.

Friday, July 24, 2015

Spruced up homes at right price sell faster

Details matter when selling a home. Great photographs in the listing, manicured landscape and an uncluttered interior all go together to help decrease the time it will take to sell you home. Click on the link to read the full Tucson.com article.

Thursday, July 23, 2015

Existing home prices up 6.5% in June, highest since 2006

Reasons for the accelerated activity include vigorous summer sales, better employment numbers and buyers jumping into the market to beat out mortgage and interest rate increases economist say. Click on the link to read the full WSJ article.

Monday, July 20, 2015

Bidding wars are back in many metro areas

Unlike the bidding wars in the 90s, high demand for homes agitated by fewer choices—not easy mortgage money—ignites new skirmishes across the country. Click on the link to read the full WSJ article.


Thursday, June 11, 2015

Home sales as well as home prices edge higher in Tucson Market

In May the average home price sale rose 5.8% accompanied by a 2.5% rise in the medium home price according to the Tucson Association of Realtors Multiple Listing Service. Click on the link to read the full Tucson.com article.


Sunday, May 31, 2015

Pending home sale prices highest in 9 years

It's a home seller's market this spring with more home buyers looking to buy as available inventories shrink in many metro areas. Click on the link to read the full Realtor.org news release.

Saturday, May 30, 2015

New study finds homeowners overestimate home value by 8%

When it comes to estimating the resale value of a home, the number one mistake homeowners make is they inflate the perceived value of their home improvements. Click on the link to read the full Tucson.com article.

Friday, May 22, 2015

Housing sales sputter again in April

Economists expected existing-homes sales to be up in April but instead there was a 3.3% decline. Click on the link to read the full WSJ.com article.

Tuesday, April 14, 2015

March median home price highest since February 2009

Last month the median home price hit $172,000, best since $177,750 in early 2009. Click on the link to read the full Tucson.com article.


Saturday, March 14, 2015

February Tucson medium home prices best since last summer

The average resale home price on the Realtors' Multiple Listing Service was up 7.47% over January. Click on the link to read the full Tucson.com article.

  

Tuesday, February 24, 2015

Home sales drop nearly 5 points in January

The National Association of Realtors reported Monday existing home sales dipped 4.9 percent in January. This is the lowest point since April, 2014. 

On the local front, sales fell even more, reaching 5.7 percent according to the Tucson Association of Realtors. Click on the link to read the full Tucson.com article and Local angle column.  

Sunday, January 25, 2015

Tucson home prices remain flat throughout 2014

$205,015 was the average sale price for listed homes in December according to the Tucson Association of Realtors Multiple Listing Service. This was 0.9 percent ahead of November's sale price and 1.3 percent higher than December, 2013. Click on the link to read the full Tucson.com article.  

Friday, January 9, 2015

New Fannie Mae program may lead to slower closings and more disputes

In late January, Fannie Mae will provide mortgage lenders proprietary home valuation databases to help them scrutinize appraisers' reports. Click on the link to read the full Tucson.com article.