The market has been slowing down some, part of it due to the season. Traditionally, the Tucson Home Market experiences a little lull between the end of August and the arrival of our winter residents. This year, fear and uncertainty about the lending market have made some buyers skittish, waiting for better news on that front before making a commitment.  It is "BUYER'S MARKET" time in Tucson.

Inventory is high, though down from this summer, providing buyers with the luxury of picking and choosing amongst the competition in their price range.  Sellers are starting to understand the market conditions, and are either pricing their properties accordingly, or learning that a "FOR SALE" sign doesn't make a good lawn ornament.

Builders have slowed down, though there are plenty of spec homes available.  Incentives for buyers are very good!  I recently had a buyer get $75,000 in credits to use as he pleased--off of sticker price, for upgrades, lot premium, closing costs, etc.  While this is on the very high end of what is being offered, incentives are constantly changing (This Weeks "Special") and are running in the $20k - $40k range on average.

Should you have clients who are interested in investing or moving to the Tucson area, they can access our MLS through my website:  Tucson Real Estate  I will be proud to help them in a way that makes you feel good about the referral.