As always, the media play a role in both a positive and negative way to impact the market. Currently, there is virtually no good economic news to be found anywhere. People are scared to death to buy big-ticket-items. Perception becomes reality...Trying to time the bottom of the housing market is possible but ONLY after it has passed. However, here are some indications of the market perhaps reaching bottom levels.  


  • It is possible for homes to still drop a bit but if you find a home you love and plan on living in, (not flipping), your risk at this point is extremely minimal.
  • The selection of homes may never be better and If you can't find ONE home in this market you should probably re-evaluate your sincerity and motivation.
  • Taxes are coming down so call the SCC Assessors office and ask them the effect of current property values on the assessment rolls.
  • The $8,000 non-repayable tax credits are in place for first-time buyers.
  • Home improvements items are on sale and almost every contractor I know is looking for work at extraordinarily low prices.
  • The vast majority of sellers are truly motivated…Long gone are those days of an overpriced property being sold.



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1859 North Grand Avenue, Ste. 4 • Nogales, AZ 85621
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