Tucsonans and soon-to-be Tucsonans, rejoice! Tucson’s real estate market is not even close to being a candidate in America’s riskiest real estate markets, an article written and provided by Forbes Magazine. It never was a worry of mine that Tucson would ever be a part of this list, but with national headlines proclaiming doom for the whole United States, many people have the truth misconstrued.

The proof is in the pudding. How can a market (the Tucson market) that sells 700-800 homes a month be in any trouble? Yes, the US’s economy is hurt if we’re being general about that fact, but Tucson has been unique and different… Ever since the real estate boom until now. Other markets, on the other hand, have been stagnant. Sales are almost unheard of.

I am happy and VERY glad to share this news with you, but at the same time, I feel the pain for the people who live in America’s Riskiest Real Estate Markets.

It’s not too surprising to find the following cities on that list: Phoenix, AZ, Tampa & Miami, FL, Denver, CO, and Las Vegas, NV to name a few.

I’ll keep my fingers crossed for these markets to jump back up and continue making progress in the near future…

This entry was posted on Wednesday, April 2nd, 2008 at 2:46 pm and is filed under General Real Estate News, Tucson Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.