Patricia Paul Properties

Patricia Paul Properties

Commentary on Tucson Area Real Estate, Home Ownership, Rental Homes, and Life around the Tucson Community

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Home prices in Arizona are definitely on the rise.  In fact, only two other states have home prices that had a higher increase.   Nevada was first among the states, followed by California in second place, and Arizona in third place.  To get the whole picture, read this article published by Arizona Daily Star.

 http://azstarnet.com/business/local/arizona-leads-on-improving-home-prices-mortgage-deliquencies/article_f75160f8-27fe-59b3-a475-5c94a991a4d0.html  

Just keep in mind that property taxes are based on the valuation of the home.   Recently people were complaining about the low values of their homes; but now that the values are rising, taxes most likely will, too. 

The increase in home prices means that a number of people may now have more equity in their homes.   Folks who need to sell now may not need to short sale their homes.  It's a great time to sell your home.  There are a lot of buyers out there, and the inventory is limited.  Homes that are priced right and marketed well are selling quickly.

If you'd like to discuss the possibility of selling your home, please call me.  

 

Patricia Paul, Broker, GRI ***  This e-mail address is being protected from spambots. You need JavaScript enabled to view it *** 520-548-2078

                                                                                                   



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