November 17, 2024 11:34 am
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Tucson home prices up 9.4% over the past year, report finds

TucsonInside Tucson Business

The recovery in the Tucson housing market is gaining momentum. The real estate data and marketing CoreLogic says home prices, including distressed sales, were up by 9.4 percent in May from May 2012. The month-to-month increase was up 1.3 percent from April.

Excluding distressed sales, which include properties that have been seized by lenders and short sales, year-over-year prices increased by 6.2 percent in May 2013. On a month-over-month basis, CoreLogic’s home price index shows prices were up 1.1 percent.

The Tucson price increase lag Arizona’s statewide index that showed prices were 16.9 percent from May 2012 to May 2013.

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If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.