Tucson Real Estate

The government shutdown has caused uncertainty in the market nationwide The National Association of Realtors did a survey of over 2,000 realtors and 25% said their transaction fell through due to this uncertainty. Nearly 90% of all mortgages are government backed and 75% of those were able to close their transactions with few or no … Read more

A Government Shutdown Does Not Likely Mean You Are Shut Out of a Mortgage A frequent question I am hearing recently is how a government shutdown affects mortgage lending. From time to time, the United States government “shuts down” and the impacts vary based on the time of year and the length of the shutdown. … Read more

Interest Rate thoughts got you down? Let me lift you up Did you know the average mortgage interest rate from 1971 to 2017 (for a conventional loan with a borrower putting 20% down payment and a 740 credit score) was 8.21%?  30-Year Fixed-Rate Mortgages Since 1971 As for rates on November 26, 2018, the current … Read more

Should I put my house on the market in December is a question that floats around every year. There is so much going on in December maybe we should pull our home off the market and list again in January once the holidays are over. You should consider these things when trying to decide if … Read more

The first time I saw this home it was a WOW. I love the layout, the appliances, the attention to detail in every room. Then I stepped out into the garage where I saw a room. You don’t usually see a room built into one of the garage bays, but there it was and when … Read more

Do Elections impact the real estate and mortgage markets? Election time produces different levels of emotions to the populace but does it impact the real estate and mortgage markets? In reality, after most November elections, the general driver of real estate market remains the existing health of the economy, the existing market conditions of the … Read more