http://www.michaelkrotchie.com Tucson Realtor discussing recent news and market data. Also provides Tucson MLS Search capability, market updates, and a free monthly e-newsletter. Tue, 05 Jan 2010 15:25:32 +0000 http://backend.userland.com/rss092 en This is the fifth and final installment in my Tucson Short Sales series.  I would suggest reading part one (Tucson Short Sales - Part 1 - What are Short Sales?) part two (Tucson Short Sales - Part 2 - I’m Ready to Short Sale My Home.. What Are The Repercussions?)  ... http://www.michaelkrotchie.com/tucson-short-sales-part-5-end-game-short-sales/ After waking up this morning and having a cup of coffee I came across the following article in the LA Times while progressing through my daily news read:  Homeowners forced to buy flood insurance after FEMA redraws maps I had eerie flashbacks to our own situation here in Marana back in 2006 after ... http://www.michaelkrotchie.com/surprise-youre-in-a-flood-zone/   ACTIVE  SHORT SALES REO % DISTRESSED SOLD  SHORT SALES REO % DISTRESSED By County                 Maricopa County  34,446 12,575 4,473 49.49% 6,768 1,421 2,759 61.76% Pima County  7,745 1,604 815 31.23% 988 149 285 43.93% Pinal County 4,144 1,714 655 57.17% 961 195 438 65.87%   Phoenix Area                 Ahwatukee-Foothills 678 265 61 48.08% 112 23 31 48.21% Anthem 235 136 10 62.13% 58 19 15 58.62% Apache Junction  469 128 80 44.35% 82 17 39 68.29% Avondale  541 314 101 76.71% 198 39 111 75.76% Buckeye 921 386 175 60.91% 236 52 123 74.15% Chandler   1,665 755 206 57.72% 365 87 120 56.71% Carefree-Cave Creek 596 135 37 28.86% 59 12 23 59.32% Fountain Hills 607 107 52 26.19% 57 11 19 52.63% Gilbert   1,810 977 181 63.98% 397 118 109 57.18% Glendale 1,421 677 267 66.43% 417 94 183 66.43% Goodyear   715 319 109 59.86% 201 50 79 64.18% Mesa 3,365 1,225 481 50.70% 663 135 279 62.44% Paradise Valley  523 54 19 13.96% 23 6 6 52.17% Peoria   1,363 610 192 58.84% 282 68 116 65.25% Phoenix   8,768 3,497 1,438 56.28% 1,987 374 936 65.93% Queen Creek  1,168 682 132 69.69% 370 103 130 62.97% Scottsdale  4,909 1,078 369 29.48% 581 112 171 48.71% Sun City   1,492 109 75 12.33% 178 9 24 18.54% Sun City West  577 24 17 7.11% 76 0 5 6.58% Surprise 1,546 748 179 59.96% 352 88 126 60.80% Tempe   926 256 129 41.58% 97 16 28 45.36%   Tucson Area                 Central Tucson 954 134 110 25.58% 122 17 30 38.52% East Tucson  483 106 58 33.95% 58 12 13 43.10% North Tucson 763 57 27 11.01% 71 9 9 25.35% Northeast Tucson  446 53 31 18.83% 45 6 8 31.11% Northwest Tucson 2,023 401 170 28.23% 230 36 41 33.48% South Tucson  528 210 115 61.55% 89 16 47 70.79% Southeast Tucson  587 191 56 42.08% 90 14 18 35.56% Southwest Tucson 597 178 100 46.57% 100 16 53 69.00% West Tucson  423 81 48 30.50% 56 8 24 57.14% Extended Northwest  139 22 21 30.94% 21 1 7 38.10% Extended South  539 150 55 38.03% 78 13 29 53.85% Extended Southwest  362 38 30 18.78% 40 5 11 40.00% Extended West  74 14 11 33.78% 3 0 0 0.00% All Tucson  6,014 1,249 669 31.89% 779 122 238 46.21%                   Prescott MLS 2,446 221 262 19.75% 200 17 79 48.00% Lake Havasu MLS 4,189 357 751 26.45% 382 28 190 57.07% Green Valley MLS 921 43 24 7.27% 61 4 2 9.84% White Mountains MLS 1,895 64 137 10.61% 81 4 28 39.51%   Information is taken from ARMLS, TARMLS, WARDEX, GV/SAH MLS, PAAR MLS ... http://www.michaelkrotchie.com/pima-county-distressed-property-report-november-15-december-15/ November 2009 Price Statistics: Pima County Active List Price Range 6,447 (# of Listings) % of Market Months supply of Inventory DOM 1,031 (Sold # of Listings) % of Market $19,999 or under 0 0.00% 0.00 0 1 0.10% $20,000 thru $29,999 8 0.12% 0.62 111 13 1.26% $30,000 thru $39,999 30 0.47% 1.76 124 17 1.65% $40,000 thru ... http://www.michaelkrotchie.com/november-2009-price-statistics-pima-county/ ACTIVE LISTINGS SHORT SALES REO % DISTRESSED SOLD LISTINGS SHORT SALES REO % DISTRESSED By County Maricopa County 33,892 12,477 4,148 49.05% 7,361 1,372 3,148 61.40% Pima County 7,874 1,584 785 30.09% 1,092 106 348 41.58% Pinal County 4,042 1,703 611 57.25% 892 155 433 65.92% Phoenix Area Ahwatukee-Foothills 651 240 53 45.01% 111 25 30 49.55% Anthem 246 143 14 63.82% 69 17 17 49.28% Apache Junction 459 124 70 42.27% 80 7 43 62.50% Avondale 516 314 79 76.16% 189 41 100 74.60% Buckeye 878 396 149 62.07% 250 37 141 71.20% Chandler 1,640 745 194 57.26% 402 99 130 56.97% Carefree-Cave Creek 606 133 37 28.05% 56 8 19 48.21% Fountain Hills 596 101 50 25.34% 50 5 17 44.00% Gilbert 1,782 965 163 63.30% 430 122 130 58.60% Glendale 1,402 669 250 65.55% 456 78 233 68.20% Goodyear 736 350 109 62.36% 188 34 81 61.17% Mesa 3,235 1,188 430 50.02% 804 156 320 59.20% Paradise Valley 515 56 22 15.15% 33 4 8 36.36% Peoria 1,311 556 171 55.45% 306 67 127 63.40% Phoenix 8,662 3,479 1,342 55.66% 2,200 342 1,128 66.82% Queen Creek 1,189 724 118 70.82% 374 82 145 60.70% Scottsdale 4,932 1,119 335 29.48% 567 108 155 46.38% Sun City 1,458 111 78 12.96% 183 9 30 21.31% Sun City West 566 25 17 7.42% 72 4 7 15.28% Surprise 1,549 725 177 58.23% 378 80 152 61.38% Tempe 894 244 115 40.16% 164 26 47 44.51% Tucson Area Central ... http://www.michaelkrotchie.com/pima-county-distressed-property-report-oct-12-nov12/ [caption id="attachment_814" align="alignleft" width="265" caption="1351 East Fort Lowell #E"][/caption] Check out this cozy, perfectly located 3Br/3ba condo located in the heart of the city.  Fabulous location near bus, shopping & UA.  Pool view from master bedroom balcony or covered patio, HOA fees include roof, exterior paint, hazard insurance, ... http://www.michaelkrotchie.com/1351-east-fort-lowell-e-tucson-az-85719-great-investment-opportunity/  Pretty typical results, the majority of market activity is occurring between $100k and $250k. Compared to a year ago the floor is a bit lower, mostly due to the rash of short sales and foreclosures.  Active List Price Range 6,233 # of Listings % of Market Months supply of Inventory DOM 1035         Sold # of Listings % ... http://www.michaelkrotchie.com/pima-price-statistics-for-october-2009/ New Listings 28 Back on Market 6 Price Increases 2 Price Reductions 36 Contingents 7 Pendings 5 Solds 6 Expireds 28 Inactives 5 Search Tucson Homes for Sale Tucson Home Buying Information Tucson Home Selling Information No related posts. http://www.michaelkrotchie.com/tucson-mls-24-hour-change-statistics-for-7132009/ New Listings 147 Back on Market 33 Price Increases 5 Price Reductions 107 Contingents 89 Pendings 40 Solds 52 Expireds 19 Inactives 40 No related posts. http://www.michaelkrotchie.com/tucson-mls-24-hour-change-statistics-for-552009/ New Listings 121 Back on Market 22 Price Increases 5 Price Reductions 82 Contingents 39 Pendings 20 Solds 61 Expireds 74 Inactives 14 No related posts. http://www.michaelkrotchie.com/tucson-mls-24-hour-change-statistics-for-522009/