James's Blog

Real Estate Agent - Keller Williams Southern Arizona
Weekly blog from James Servoss an Associate Broker with Long Realty, Southern Arizona's leading real estate company. Check back often to get the latest news on Tucson's exciting real estate market.
Existing home sales surge 7% in July as prices continue to drop By Alan Zibel, AP Real Estate Writer WASHINGTON - The U.S. housing market is rebounding quicker than expected, with home resales in July posting the largest monthly increase in at least 10 years as first-time buyers rushed to take a...
2009 Tucson, Arizona Condo Statistics       Total Sold Median Average   Total Sold Median Average January 18  $ 118,500.00  $ 118,811.00   5  $165,000.00  $    156,400.00 February 34  $ 132,500.00  $ 148,532.00   11  $180,000.00  $    192,091.00 March 34  $ 114,203.00  $ 125,534.00   10  $150,00...
Do Condos Really Appreciate Slower Than Houses? Ever since I started in Tucson real estate in 2003 I have heard agents say that condos do not appreciate as well as houses.  Just the other day I heard an agent in my office telling a client that they should not purchase a condo because it won't app...
Positive sign: Home sales inventories fall to under 6 months' supply 'Parisian plaza' downtown By Joe Pangburn, Inside Tucson BusinessPublished on Tuesday, August 04, 2009 In what may be one of the most positive signs yet that the Tucson residential real estate market is poised for recovery, Long...
Tucson is the top go-to place for simpler living, says AARP         By Jillian Berman, USA TODAY Looking to live the simpler life? Look no further than Tucson. AARP The Magazine's Best Places to Live a Simple Life list, out today, bestows top honors on the city of 541,000 in the Arizona desert. ...
by Lauren ShermanThursday, May 21, 2009provided by These counties offer retirees comfort and opportunity, but also financial peace of mind. Ed Coghlan's story is the same as so many others: Over the last year, the North Hills, Calif., owner of a corporate communications firm has seen his retireme...
Some see signs of life in AZ home sales Market surges in Phoenix area; flat rate locally hints at bottom By Josh Brodesky Arizona Daily Star Tucson, Arizona | Published: 05.13.2009   Home sales in Arizona rose by 50 percent in the first quarter of the year, the National Association of Realtors re...
Highpoints include the notable fact that inventory is the lowest it has been since January '06 with just 6,890 listings. At this time last year, there were 8,800 or 21.78% more. The number of days on market is down in the 70's from the 80's; always a welcome trend. Also, our year to date (YTD) sa...

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