Tucson housing prices may have hit bottomPosted: Updated:
Some new numbers indicate that the housing crisis in Tucson may be near the bottom. Nobody disputes that home values are down, but everyone is looking for when the market will turn and get better. The market can't improve until it hits rock bottom, and a new report out on August 12 claims that may be happening right now.
Realtors admit that one of the many reasons fewer houses are on the market this month is that some people got fed up and pulled their houses off the market. That's something Donae McGrath is considering, but she's still hoping the market has indeed leveled off and will begin to improve.