tucson realtor

Tucson Market Beginning to Turn Around?

A few weeks ago a writer/reporter contacted me with some questions regarding the Tucson real estate market and I had no problem shooting back a lengthy email describing what I currently see happening. I like discussing the trends and developments I see in real estate as it forces me to keep abreast of market conditions and makes me that much more informed for my clients.

The article was just published yesterday by NuWire Investor, an investment website that has a plethora of articles and resources for investing opportunities. Note: I was not reimbursed in any way for my contribution.

Here is the article: Speculators Scatter, but Investors Welcome in Optimistic Tucson

I’m cited along with Dave Smith, another local Realtor who also runs an excellent Tucson real estate blog. Check out his site here.

In my opinion the re-emergence of investors in the Tucson market is a sign that Tucson market has either bottomed out or is close to it. With lending guidelines as tight as they are now and interest rates not ridiculously attractive (although in the past few weeks they have dropped significantly) an investor must have good reason to pounce on property, usually dictated by price. Let’s hope this trend continues and Tucson can bust out of the recent real estate funk we’ve been experiencing.