I keep trying. I really do. I’m doing all I can to attract buyers to this beautiful grassland in southern Arizona. The weather is great. We look out over a verdant pastureland this time of year to the mountains surrounding us. The monsoon has been good to us so far this season. So, why aren’t there more buyers here with there checkbooks out ready to snap up one of our homes or lots? You do know the answer? And it’s not because they don’t think they can get an outstanding deal and interest rates are as low as anyone can remember. It’s because we need good news. Every time we start moving in the direction of a better real estate climate, something clouds the economic horizon. As I write this, it is the stock market for sure. It just cannot make up its mind to get going back up. And those investors are looking for better jobs reports as well as some stability in the world financial markets. All of these are elusive at best at this time.
Well, here are the numbers from our market for the 8 months through August: 17 homes have sold (including 2 this month) and 8 land parcels have changed hands. The total of these transactions is just under $5,000,000. Last year, which we thought was pretty slow, 20 homes sold and 12 land parcels changed hands. The total value of those transactions was $6,300,000. Whether measured by units or dollars, our market is off 22% from last year.
I would really like to start writing about how our market has turned the corner. You can help me do this by sending qualified buyers in my direction. I will help them find the perfect property at an outstanding price!!
