The Tucson Housing Market September 2015
Tucson Housing Market Update From TARMLS For September 2015
Tucson Housing Market September 2015
The Tucson Housing Market September report showed sales and listings price changes declined from August 2015.
Total active listings reversed a down trend and were up in September.
Average Sales Price declined as did Average List Prices.
The median sales price was declined by less than 1.00% from August levels. The arrival of “snowbirds” looking for that perfect Tucson home may create upward pressure on future prices. Will the influx of winter residents and visitors bring more buyers? We will find out soon.
The Fed did not raise rates in September and 30 fixed mortgage rates are again below 4.00%. Will the Fed raise rates in December? We just have to wait, but a quarter of a point wouldn’t be bad for mortgages. Mortgage rates would still be very attractive for buyers.
And now the Tucson Housing Market Report – September 2015
When submitting an offer
If you “really” want the home, make a “reasonable” offer. We work with our buyers to present an offer – THEY – feel good about. Some “low ball” offers are getting the job done. Many aren’t.
You have to ask yourself, “will I feel bad if I don’t get this house?” If the answer is no, then put in an offer you would feel is a steal and see what happens. If the answer is yes, put in an offer you and your Realtor think is reasonable.
We will work with you to understand your objectives and analyze the market to determine – as best we can – a price range for the home you want to buy or sell.
Looking for a home in Tucson or planning for a future retirement in Tucson AZ? We can help!