May is Older Americans Month. Perhaps you have an older adult friend, neighbor or family member who would enjoy a special activity with you during the month. Please visit the OAM website for ideas.
You may have received a separate notice about my forthcoming designation as a Certified Senior Housing Professional. I want to take this opportunity to highlight the need for real estate professionals who are specifically trained to conduct Senior real estate transactions
Statistics indicate that aging seniors are projected to move out of 11.3 million housing units between 2010 and 2020. In the next decade, that number is projected to jump to 15 million.
Chances are, you, your parents or someone whom you care about a great deal will be among these millions, and I trust that you will want to seek out the best educated, most caring, and most connected real estate and senior housing professional in your market to help navigate the entire transition process.
I am very proud that I have recently completed the classroom requirements to achieve the prestigious Certified Senior Housing Professional (CSHP) designation awarded by the Seniors Real Estate Institute. CSHPs are held to very high standards of professionalism, service and expertise.
As you probably know, the process of selling a cherished family home and deciding where to live late in life can often span a few years. Wherever you or others you care about may be in that process, it would be my privilege to start the conversation. Please contact me anytime at 520-248-6297.
Real Estate Trends in Tucson:
Click here to see the latest MLS statistics. The median price increased to $207,000. Active listings are down 3.3% from last year as inventory continues to remain tight. New listings are down 14%. If you are thinking about selling, this spring promises to be a good time to do so. If you or someone you know would like more specific information, please contact me at 520-248-6297.
In this month’s real estate news:
- The Port of Tucson warehouse [project could bring 1500 new jobs.]
- Affordability hit a 9 year low, with no end in sight.
- As housing inventory dwindles, Realtor inventory is experiencing a glut.
- Fannie and Freddie are looking to support rural and manufactured housing.
- Refinances are down as interest rates have risen.
- Californians are moving to other western states for a lower cost of living.
- Investors continue to buy Tucson apartments.
- Millennials have become the number one home buying age group.
- Tucson is back in the New York Times.
- Amazon is bringing a distribution center to Tucson
- Property taxes are up 6% across the country.
- There has been no serious impact on house prices from the new tax law yet.
- Sub-prime loans are sneaking back in.
- Zillow wants to flip houses and their stock took a huge hit.
- Fannie Mae is allowing lenders to gift closing costs to borrowers.
Local Events this month:
- The Main Gate Square summer concert series is under way. .
- The Pima County Fair Starts April 19,
- The Mariachi Conference is April 25-28.
- Cinema La Placita starts May 3rd.
- The Tucson Folk Festival is May 5-6.
- Butterfly Magic continues at the Botanical Gardens through May 31.
Mother’s Day is May 13. Do you remember the traditional expression for flowers on Mother’s Day? If your mother is still living, give her or wear a red carnation. If she has passed away, wear a white carnation, or place white carnations on her grave site. A red carnation is the official flower for Mother’s Day.