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A Window of Opportunity for Homebuyers
A Window of Opportunity for Homebuyers Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the... Read More
Think Tucson Home Prices Are Going To Fall? Think Again
Think Tucson Home Prices Are Going To Fall? Think Again Over the last two years, the rate of Tucson home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t... Read More
Tucson Homeownership Is Still The American Dream
Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the... Read More
Home Price Deceleration Doesn’t Mean Home Price Depreciation
Home Price Deceleration Doesn’t Mean Home Price Depreciation Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re... Read More
Tucson Real Estate April 2022 Market Update
Tucson Real Estate April 2022 Market Update Oro Valley, AZ In the Oro Valley area, April 2022 active inventory was 52, an 12% decrease from April 2021. There were 79 closings in April 2022, a 28% decrease from April 2021. Year-to-date 2022 there were 320 closings, a 12% decrease from year-to-date 2021. Months of Inventory... Read More
Dove Mountain Real Estate In Review July 2021
How’s The Dove Mountain Real Estate Market? Dove Mountain Real Estate In Review July 2021 In the Dove Mountain area, July 2021 active inventory was 27, a 53% decrease from July 2020. There were 33 closings in July 2021, a 74% increase from July 2020. Year-to-date 2021 there were 268 closings, a 52% increase from... Read More
Fact Or Fiction Home Buyer Edition
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact from fiction.Trust the pros. If... Read More
What You Should Do Before Interest Rates Rise
What You Should Do Before Interest Rates Rise In today’s Tucson real estate market, mortgage interest rates are near record lows. If you’ve been in your current Tucson home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some... Read More
Tucson 2021 Housing Inventory
Housing Supply Is Rising. What Does That Mean for You? An important factor in today’s market is the number of Tucson homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said... Read More
April 2021 Tucson Housing Report
Tucson April 2021 Housing Market Report In the Tucson North area, March 2021 active inventory was 108, a 71% decrease from March 2020. There were 179 closings in March 2021, a 17% increase from March 2020. Year-to-date 2021 there were 441 closings, a 5% increase from year-to-date 2020. Months of Inventory was .6, down from... Read More
Jason Rose NMLS# 174981
Nova Home Loans
3430 E. Sunrise Drive, Suite 1
Tucson, AZ 85718
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