The security of your transaction begins with the quality of your advisors.

Tucson is a Native American word meaning "water at black mountain." The city, founded in 1775, is Arizona's oldest city, and has a kaleidoscope of cultures and a unique blend of heritages. Tucson is a modern city with high-tech industries and world-class cultural events, yet it retains the charm of its desert frontier roots. Historic adobe homes are preserved around downtown high-rises. Resorts and golf courses are nestled in the foothills where coyotes still roam. Citrus trees and cacti grow along side each other, and cowboys and business professionals rub shoulders with each other every day.

The Beauty of Tucson

Market Trends

2012 YEAR IN REVIEW

As we embark on 2012 we are seeing diminishing inventory and that will cause prices to push upward. Home prices are expected to stop declining this year, increase 2% next year and rise another 3.5% in 2014. 2012 marks the beginning of the real estate turn-around. Interest rates are predicted to rise which will raise the cost of borrowing. All this said, it seems NOW is the time to buy!

AVERAGE SALES PRICES BY AREA AND CATEGORY

Average % of list price received on sales was 95.2%

Area	Single Family	Townhome
North	$476,793	$231,414
Northeast	$308,272	$125,527
NW/Marana/Oro Valley	$211,030	$153,194
Central	$136,142	$98,336
East	$141,536	$90,591
South	$81,410	$43,780
Southeast/Vail	$145,725	$53,348
Southwest	$95,094	$47,199
XSW/Green Valley/Sahuarita	$154,104	$110,562
West	$162,469	$63,246

Mortgage Trends/Rates

Current rates/April 2012: Rates are based on loan size, credit score, property type and program and fluctuate almost daily - the following is merely a "guidelilne" and for the rate you would be expected to pay you should contact a professional mortgage broker.