Tucson Arizona Housing Market Update December 2017
Highlights of Tucson’s Residential Housing Market for December 2017: *** Watch the video below *** Each month the Tucson Association of Realtors® Multiple Listing Service comes out with Tucson’s monthly housing report. The numbers are out for the Tucson residential housing market report for December 2017. In December 2017, the Tucson housing market showed signs of a slowdown as we head into the holiday season. Although inventory levels remain low and average days on market decreased. Check out what home ...Keep Reading
Tax Reform As It Relates to Real Estate Heads to the President
Lawmakers in the House and Senate passed tax reform legislation today, paving the way for the bill to go to President Donald Trump for his signature. The President has said he intends to sign the bill by Christmas. Last-minute changes to the bill include the following improvements: • Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples ...Keep Reading
Rents Are On The Rise In Tucson: Don’t Get Caught In The Rental Trap!
There are many benefits to homeownership in Tucson, Arizona. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating: “Rents are up 2.7% year-over-year at the national level. Year-over-year growth continues to fall between the 2.1% rate from this time last year and the 3.4% growth rate from October 2015.” The article continues ...Keep Reading