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Tucson Housing Market
Tucson Main Housing Market In the Tucson Main Market area, August 2020 active inventory was 1,614, a 43% decrease from August 2019. There were 1,571 closings in August 2020, a 7% decrease from August 2019. Year-to-date 2020 there were 12,600 closings, a 3% decrease from year-to-date 2019. Months of Inventory was 1.0, down from 1.7... Read More
Tucson Home Buyer Demand Is Far Above Last Year’s Pace
Homebuyer Demand Is Far Above Last Year’s Pace Tucson and the surrounding area Home-buying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are moving from big cities and actively purchasing homes, and the momentum is continuing into the fall. It is,... Read More
Will There Be A Rush Of Foreclosures This Fall?
Will There Be A Rush of Foreclosures This Fall The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that... Read More
Successful Celebrity House Flipper Diane Keaton “Barrio Viejo” Tucson Home For Sale
Successful Celebrity House Flipper June 2020 Just a couple of years ago, Diane Keaton bought an historic adobe house located in Downtown Tucson of the Historic District neighborhood called “Barrio Viejo”,  which means “old neighborhood” in Spanish.  She is known to buy houses in prominent locations to remodel, and sell. She picked a “good one”, and I... Read More
How To Make The Best Offer When Buying A Home In A Seller’s Market!
How to make the best purchase offer in a seller’s market We work smart to scour the listings for our buyers, toured what feels like a million houses and finally found it: the house you want to call home and create lasting memories. The intimidating step to make your purchase offer, and if you are... Read More
Companies Hiring Now During The Pandemic
Companies Hiring Now During The Pandemic Are you re-evaluating your career during this Pandemic? Just the other day, I was chatting with my son and the subject of work came up. It evolved into the fact that like many other Americans he was “furloughed because of COVID-19″ and two of his colleagues were infected with COVID.... Read More
Why Pre-approval Is The Right Step To Take Today
Why pre-approval Is The Right Step To Take Today! If you’re in the position to buy a Tucson home this year, pre-approval is something you can still do right now to get ahead in the home-buying process. Sellers really like knowing the buyer can qualify to buy (their) home. So, getting the pre-approved letter from... Read More
Coronavirus (COVID-19) March 2020 Housing Market
How Will The #Coronavirus (COVID-19) Impact The Housing Market? Just two weeks ago the mortgage rate hit a low of 3.56 for a 30 year fixed rate. Typically, mortgage rates track with the 10-year Treasury note, but this has changed over the last few weeks. Since the markets have been more volatile than normal due... Read More
Tucson Is One Of The Most Affordable Places To Own A Home
Tucson Offers Affordable Home Ownership In Tucson, although the Median sales price increased 11.1 percent to $250,000 for Single Family and 8.5 percent to $157,375 for Townhouse/Condo it is still one of the most affordable places in the nation of own a home. CoreLogic actually breaks it down by a typical mortgage payment. The June... Read More
What You Should Do Before Tucson Interest Rates Rise
WOW! The Real Estate Market In Tucson Is Heating Up. It’s not from the summer heat… It looked like we were entering a buyer’s market this past Spring, but the market has shifted a bit. We are seeing demand, home price growth is steadily increasing, and in many price ranges the number of homes for... Read More
Jason Rose NMLS# 174981
Nova Home Loans
3430 E. Sunrise Drive, Suite 1
Tucson, AZ 85718
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