24/7 Wall St. deems Tucson sickest housing market in America

Okay folks, there are FEW Realtors who would dare post this one on their blog!!!
 
24/7 Wall St. has taken a new look at the housing market to find the very weakest cities by identifying those with the highest homeowner vacancy rates.  Tucson tops the list since its vacancy rates has doubled since last year. Keep in mind, this report is about the housing market in the City of Tucson not the Catalina Foothills, Oro Valley or Marana!
 
As you can imagine this report is very controversial and many question its methodology.
 
Here’s what I do know.  Buyer and seller expectations in Tucson are not aligned.  Until they become more in tune, and the amount of distressed sales declined, the housing market will continue to struggle.
Realtor, Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate.
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