Checking the MLS for short sales in the Tucson Foothills I find just 15 listed for sale. They range in price from $259,000 to $1,860,000.
And that's fewer than I expected, and given all the coverage short sales have gotten, it's probably a lot fewer than you expected too.
See them here> Tucson Foothills Short Sales **this link will expire
on 10/7/08
There are also 7 short sale homes currently under contract, plus 6 that have sold as short sales in the last 6 months in the Tucson Foothills, priced from $195,000 to $1,227,000 - as listed in the MLS.
So short sales account for a miniscule part of the Tucson Foothills real estate market. But you couldn't be blamed for thinking otherwise. Because regardless of where you get your news, the media generally reports short sales for a much wider swath of the landscape - focusing on state-wide reports, or the more notoriously upside-down markets like Phoenix, Vegas, etc, because that's where the short sale action is, and that makes for more dramatic headlines.
**this data is for single family homes only.
see my web site thefoothillsToday.com
to search for and learn more about Tucson Foothills Homes