Recently Sold Ventana Prpperties

Tuesday, December 27, 2016

Home prices up 5.6% in October, but there is some concern

The S&P/Case-Shiller U.S. National Home Price Index rose to a new high in October reflecting consumer confidence and low unemployment, however the caveat is home prices cannot outpace income and inflation.  Click on the link to read the full CNBC.com article.

Friday, September 23, 2016

Existing home sales decline in August as prices rise

This is a country-wide trend reported by the National Association of Realtors on Monday. Median prices showed a 5.1% increase while sales dropped 0.9%. Lower inventories is one of the causes. Click on the link to read the full CNBC.com article
 

Sunday, July 24, 2016

Tucson real estate market shines brighter in 2016

Tucson job growth, declining foreclosures and new home sales make for a very good 2016 so far. The highlight is the expansion of the sales in the $200,000 to $299,000 range indicating improvement in "move-up sales for homeowners previously stuck." Click on the link to read the full Tucson.com article

Saturday, July 23, 2016

First-time buyers boost existing home sales to 9-year high

The concern about affordable housing eased in June when 33% of the transactions were first-time home buyers. This was their biggest market share in four years. Click on the link to read the full USA Today article

Wednesday, May 18, 2016

Listed home prices up 4 percent in April while home sales remain flat

April's listed home sales were down seven from last month, however that was still 6.6% better than April, 2015. In addition, the average sale price moved up 4% to $221,260. Click on the link to read the full Tucson.com article 

Saturday, April 23, 2016

Tucson homes sales, home prices and new-home building permits up in March

How up? Home sales moved to 16% over last year's numbers; average sale price ($212,988) increased a bit to 2% and lastly, single family home building permits jumped 39% over a year ago. Click on the link to read the full Tucson.com article 

Saturday, January 23, 2016

Home sales in 2015 best in nine years

According to the National Association of Realtors existing home sales in December jump 14.7 percent. Click on the link to read the full Tucson.com article 

Sunday, January 10, 2016

Tucson home sales volume, price, average price and medium price up in December

For real estate, 2015 ended with a bang. December sales volume jumped nearly 39% over the previous month. Click on the link to read the full Tucson.com article.