Monthly Archives: December 2012

Oro Valley Still In a Housing Shortage State


As of October 2012 active inventory was 277, a 27% decrease from October 2011. There were 41 closings in October 2012, 14% above October 2011. Months of Inventory was 6.8, down from 10.6 in October 2011. Median price of sold … Continue reading

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Mortgage Rates Virtually Unchanged


Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates virtually unchanged and remaining near their record lows amid growing concerns around the fiscal cliff. The 30-year fixed-rate mortgage has averaged below 4.00 percent … Continue reading

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