Buyers Reaping The Benefits

Below is a memo written by Kim Clifton, president of the Tucson Association of Realtors and the broker/owner of Tierra Antigua Realty where I hang my real estate license.

I am posting this because it seems like the news keeps talking such gloom and doom when it comes to real estate and I just don’t see it.

I have had a great year so far and my clients who have been buying and selling homes are doing quite well in the Tucson real estate market.

So, don’t let the news get you down, this Realtor loves this market!

Tony Ray

For the third month in a row, we have seen an increase in unit sales and we surpassed 1000 units in May.

With May behind us, our local numbers continue to support the direction of a recovering market. Home Sales Volume increased 4.12% over April 2008, Home Sales Units increased 5.34% over April 2008, New Listings decreased 6.51% and Active Listings decreased 3.19%.

Thanks to the restructuring of the government loans many of today’s buyers and sellers are reaping the benefits.

Kimberly Clifton
2008 MLS President
Tucson Association of Realtors