Spirit Messingham's (tucsonspirit) Blog

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Real Estate Agent - Tierra Antigua Realty - SA624527000

ARCHIVED BLOG POSTS

2016 

Mortgage bond prices finished the week higher which helped rates improve. Prices started in neutral territory and gradually increased amid continued global economic uncertainty and continued declines in oil prices. The Fed Beige Book showed moderate economic growth and did not move the financial ...
01/16/2016
Minimum down payment for one unit investment properties is 20% although loan pricing is better with 25% down payment. 2-4 unit investment properties require a minimum 25% down payment and loan rates are slightly higher for 2-4 units than one unit even with 25% down. Maximum seller contribution to...
01/15/2016
You couldn’t turn on the television or fire up the Internet last week without being inundated with headlines like “China Shares Gyrate Wildly” and “Dow, Nasdaq Close Down Triple Digits in Correction on China Worries”. If you read the article, the tone was very dire as if the Apocalypse were expec...
01/11/2016
Mortgage bond prices finished the week higher which helped rates improve. MBS trading started on a positive note amid significant stock weakness tied to global events. Chinese manufacturing data showed weakness and the equity selling contagion spread across most of the globe. U.S. stocks were neg...
01/08/2016
Multiple units from across the country will be visiting Davis-Monthan through the month of January. 14 F-15Es from the 334th Fighter Squadron at Seymour Johnson Air Force Base, NC, arrived here January 5 and will train here until January 15. 2 U-28s from the 319th Special Operations Squadron at H...
01/08/2016
You may have heard or seen new stories about The Pines neighborhood in Marana, AZ. There have been some soil compaction issues that have caused settling and cracks in 8 homes. The Town of Marana is actively working to resolve these issues and will be coming to TAR to our Government Affairs Commit...
01/08/2016
These past few months, there’s no way you could turn on the radio or television and NOT hear or see someone talking about the Fed and whether they were going to raise the funds rate (of course they will).What the Fed does with the funds rate DOES have an effect on all of us, sure, but it’s not as...
01/08/2016
Below are some highlights for rental statistics as reported by TAR.  The Rental Statistics summarize the active inventory, rented inventory, and days on market for each rental property type. Total Active listings for December were 594.The number of properties rented this month was 281.The Average...
01/07/2016
Below are some highlights for residential real estate in Tucson, AZ for the month of December, 2015. Total Sales Volume increased significantly in December to $264,001,833, a 38.64% rise from last month’s number of $190,421,972.The Average Sales Price rose to $211,709 from $209,485 in November, r...
01/07/2016
 Once the lender issues the new Closing Disclosure (CD) and the borrower evidences receipt of the document, the three day mandatory waiting period begins before the borrower is allowed to sign the loan documents. The day the borrower evidences receipt of the CD is day one. Sundays and holidays do...
01/06/2016
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Spirit Messingham

Third Generation Full-Time Realtor® 520 471-6900
local_phone(520) 471-6900
smartphone(520) 471-6900
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Third generation, full-time licensed Realtor, putting my clients' needs first. I work with all of my client's one on one, taking pride in the quality work and services I provide. In the top 1% of all Tucson Realtors by sales volume 2012 - 2015. I have the experience, passion and knowledge to help with your residential real estate needs. Call (520) 471-6900 for a free and no obligation consultation.