They are.
There are 82 homes under contract in the Tucson Foothills today.
That means that 82 home buyers and sellers, with the aid of their Realtor®, have made or received an offer, and probably a counter offer or two, and negotiated and ultimately come to terms on the sale of a home in the Tucson Foothills.
The 82 homes under contract include those that are now listed as,
-active contingent, 43 homes, (they are in the inspection period)
-active capa, 4 homes, (the sale is contingent on the buyer selling their home first)
-Pending, 35 homes, (inspection contingencies have been satisfied and the sale will soon close)
*this link will expire on 4/18/08
The 82 homes under contract range in price from $215,000 to $2,590,000 and everything in between.
So they're representative of the broad spectrum of home prices in the Tucson Foothills, and that's a healthy thing.
While it's likely that some of these homes won't close escrow -
because the buyer will discover issues with the house during the inspection period that cause them to cancel the contract, and others may run into problems getting approved for a mortgage loan - and the 4 that are active capa, well, who knows with those - presumably many of these buyers will turn around and find another home to buy.
And while the number of homes under contract is not a bankable number - only closed sales are - it's a picture of the activity and intentions of home buyers and sellers at this moment, in the Tucson Foothills.
see TheFoothillsToday.com
to search for and learn more about Tucson Foothills Homes
**These figures are for single family homes - no condos, no townhomes - listed & sold through the Tucson Association of Realtors MLS.