Latest Tucson Housing Market Data
Latest Tucson Housing Market Data – Tucson Real Estate Market Home MLS Listings Properties Data!
Tucson Real Estate Market Home MLS Listings Properties Data!
As real estate professionals, the MyOwnArizona team strives to keep in touch with Arizona Real Estate clients and provide you with information that we hope you will find useful. This latest Tucson Real Estate Market Data is an opportunity to let you know about the state of the market and current trends. It may even touch on ways that you could enhance your Tucson home’s value. We hope the Tucson Real Estate market data and articles will help you with understanding Tucson real estate today and help you with your Tucson real estate decisions. If you have any questions, please do not hesitate to contact us.
MyOwnArizona Tucson Real Estate MLS Data Results
Tucson, Arizona Real Estate Sales Data
Days on Market (last 12 months)
Current Average Days on Market in April
| Single Family Homes | 101 | Condos/Townhomes | 108 | Multi-family Homes | 125 |
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Tucson, Arizona Real Estate Sales Data
Average Listing Price (last 12 months)
Average List Price in April
| Single Family Homes | $437,441 | Condos/Townhomes | $164,193 | Multi-family Homes | $254,947 |
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Tucson, Arizona Real Estate Sales Data
Price Reduction (last 12 months)
Recent Price Reductions in April
| Single Family Homes | 4.6% | Condos/Townhomes | 6.6% | Multi-family Homes | 4.2% |
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Words, Words, Words: How well do you know some of the different words used to describe different mortgages? Do you know what these mean?
First Mortgage
The mortgage that is in first place among any loans recorded against a Tucson property. Being in first place means if there is a problem such as a foreclosure, the lender of the first mortgage will be paid first.
Second Mortgage
A mortgage that has a lien position subordinate to the first mortgage, or is of lower priority. Since this means the first mortgage gets paid first if there is a problem, the risk to the lender of the second mortgage is greater, so interest rates will generally be higher.
Subordinate Financing
Any mortgage or other lien that has a priority that is lower than that of the first mortgage.
Please feel free to contact us and we can provide you with additional Tucson MLS data information to guide you through the buying/selling process in AZ. We look forward to hearing from you and working with you soon!
Our best,
Carl Pepper, Realtor
info@MyOwnArizona.com
www.MyOwnArizona.com
Tucson: (520) 822-6575
Phoenix: (480) 382-9191
Featured MLS Listing: 18345 Cactus Hill Road, Vail, AZ 85641
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