Tucson Market Statistics: July 2008

These stats are horrible! No one expected anything different, but to be honest, a surface look at these stats gives the impression that the market is in a complete freefall. But, I think you would be wrong. These numbers reflect the past, not the future. In my opinion, these are most likely some of the worst numbers that the Tucson real estate market is going to report. The market has taken its drop and is now in recovery mode. Why?

This article, including charts, links to previous reports, and a link to this month’s full MLS report, is continued on Michael’s website. Please click here to continue.

This entry was posted on Tuesday, August 19th, 2008 at 2:31 pm and is filed under Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.