that’s what Marshall Vest, the University of Arizona economist, had to say about Pima County home sales.
And then he said, "The increases (in sales) have primarily been in the metro Phoenix market. Home sales in Tucson really have not moved up strongly like what you have seen in Phoenix," University of Arizona economist Marshall Vest said. "The Tucson market did not get overheated. The prices did not get nearly as far out of line. We don't appear to have nearly the overhang of foreclosed houses here."
And Jay Butler, the real estate studies director at Arizona State University, said, Pima County "never really participated in the hyper-market. You were about ready to, but it ended, so you are lucky."
That all sounds pretty good- because I picked out all the good parts - but read the whole article, and see if you’re not as confused as I am about what’s good and what’s not and why.
This is courtesy of an article in our very own AZ Daily Star,
Some see signs of life in AZ home sales
see thefoothillsToday.com
to search for Tucson Foothills Homes