The Tucson Association of Realtors® has released the April residential sales statistics for the greater Tucson Metro area. click here to Download april_sales_statistics.pdf
This release is accompanied by an introductory letter from Kimberly Clifton the President of TAR, that summarizes her opinion on the state of the market based on the sales data that follows.
This month she says, " With the first quarter of 2008 behind us, our industry is continuing to show small signs of recovery. No one is denying that the market is certainly not where it was in 2007; although the quarterly statistics for 2008 show a slight but steady
increase month over month" ...
" Some of the factors to look for in a recovering market are active listings, new listings and pending contracts. With an
increase of 27.11% in pending contracts over 2007, a decrease in active listings by 15.20% over 2007 and a decrease in
new listings by 20.87% it would appear that Tucson is headed in the right direction"
Bravo! Looking over the sales data, it seems to me that Kimberly's sober statements accurately depict the current market conditions as well as supporting a guardedly optimistic outlook for the future. So it seems realistic and reliable.
This is very refreshing.
Because at times in the past, before Kimberly Clifton took over as President of TAR, try as I might, I've often had a really hard time making a connection between the (overly sunny) introductory statements & opinions that were expressed and the hard data that followed it. And I've heard from many others that feel the same way.
And aside from the fact that people don't buy this stuff, and it tends to alienate them toward Realtors® in general, don't the officials of the various local and national Realtor® organizations have a responsibility to provide accurate and realistic guidance and opinions on the state of the market, both to their Realtor® members and to the public.
*Please note that while some statistics are broken down by specific areas of Tucson, North, Northeast, etc, the emphasis of this report is on the Greater Tucson Metro area as a whole.
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