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Tucson real estate sales heat up, extreme sellers market!

"We are just getting people from all over and I think it's because we have wide open spaces and our natural disasters are de minimus," said Billy Mordka, president of the Tucson Association of Realtors. "We have heat and that's about it."
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"There was one house from a brokerage out here in town. It was listed I think around $150,000 and it had 70 offers," Mordka said. "That's an extreme case but it's not uncommon to get anywhere from multiple offers up to ten on any given property."

Tucson real estate sales heat up, extreme sellers market There are currently about 1,300 houses for sale in Tucson.

Frank Lloyd Wright-designed Phoenix home up for auction An Arizona home that architect Frank Lloyd Wright designed during the last year of his life is going on the auction block.

Don't spend all your money in LA! Buy Mansion in Tucson, AZ! Similar astonishing amenities, much better deals!

Los Angeles megamansion is sold to a Chinese buyer for $75 MILLION The 25,000 square foot home was originally listed last November for $88 million, before the seller slashed the asking price.

Fannie Mae lowers mortgage rate forecast and says home-price growth will accelerate Fannie Mae issued a new forecast that predicts the average U.S. rate for a 30-year fixed mortgage will be 3.7% in the second half of 2019, down from the 3.9% the mortgage financier called for a month ago. Unemployment probably will average 3.7% this year and 4% in 2020.

The Upside of a Global Downturn? Juicy Real Estate Deals High-end home prices are being slashed by as much as 30 percent.

Seller's Market Continues in Tucson, Skips Holiday Dip Real estate experts forecast 2017 trends will continue into 2018.

Market surging for high-end, even $1 million-plus, homes Listings for mega-bucks homes in the Green Valley area — asking price in the million-dollar range — are on the rise.

Arizona draws more Baby Boomers than every state but Florida Sunshine, affordable housing and low taxes are drawing more Boomers here. A couple of new rankings show how popular the state is for new retirees.

Extreme weather: Why the impact will be felt more widely Climate change is increasing the incidents of extreme weather, including heatwaves, and floods. University of Melbourne experts consider whether we're ready.

Tucson area expected to add 7,100 jobs in 2017, spurring investment Vacancy rates are at record lows across Tucson's commercial market.

Raytheon to add nearly 2,000 high-paying jobs in Tucson Tens of millions of dollars in potential tax breaks for the missile builder could translate into billions of new dollars pumped into the local economy over a decade, officials say.