You are currently browsing the Tucson Luxury Homes weblog archives for the day May 21, 2009.
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Archive for May 21, 2009
The Tucson Foothills Luxury Homes Market Continues to Heat Up
May 21, 2009 by Donna Anderson.
Although the hottest segment of the market is in the lower price range below 300K, with each new week homes priced at 500K and above a seeing more sales. The prices are so reasonable that many who vacationed in Tucson during the Winter and have left, are now back to buy. Like those watching the stock market closely and guessing the bottom has already occurred, many see the Tucson Luxury Homes Market as having mostly bottomed. Jumbo loan interest rates are lower than they were last year. Most buyers in this price- range have no problem putting the necessary 25% down.
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