“Delicious autumn! My very soul is wedded to it, and if I were a bird I would fly about the earth seeking the successive autumns.” ―George Eliot
We had a wonderful sunset horseback ride at Rocking K Ranch Stables at 13401 E Old Spanish Trail. It was worth the trek to experience the mountain panorama, saguaros and mesquite groves. They even have a toddler petting zoo. Check out 54 things to do in Tucson October 2018
- you might find the Great Pumpkin for Halloween! The New York Times published 36 Hours in Tucson
, noting, “Foodies, cyclists and the aesthetically inclined will find much to like in this desert city, home to a new bike-share system, adobe architecture and restaurants that reflect a mix of cultural influences”. The annual Downtown Tucson Meet Yourself
, a folklife festival, will run October 12-14.
For a local accolade, Tucson Business reports Ritz-Carlton, Dove Mountain recognized by Forbes Travel Guide. The magazine also notes that “the developers of downtown’s AC Marriott have announced plans for a new downtown hotel project on the corner of Broadway Boulevard and Fifth Avenue”.
In economic news, the Bureau of Labor Statistics reported 134,000 new jobs added to the economy in September, bringing the unemployment rate down to 3.7%, the lowest level in 49 years. The second quarter of 2009 marked the end of the recession, as defined by at least two consecutive quarters of declining Gross Domestic Product (GDP). The Center on Budget and Policy Priorities reported “In the second quarter of 2018, the demand for goods and services (actual GDP) was roughly the same as the Congressional Budget Office’s (CBO) estimate of what the economy was capable of supplying (potential GDP). This suggests that the output gap between actual and potential GDP, which was manifested in excess unemployment and underemployment and idle productive capacity among businesses, has closed”. The GDP expected to lose .8% of an anticipated 2.8% increase this quarter due to massive hurricanes. Economists expect an improvement in the fourth quarter as rebuilding initiates.
The trend in the local housing market reflects the strong national economy. In the Tucson Main Market area, September 2018 active inventory was 3,467, a 10% decrease from September 2017; the Median Price increased 2% during that time period. Check out all the latest Housing Reports: North, Central, Northeast, Northwest, West, and Tucson Luxury. See data for additional areas at: Housing Reports.As always, contact me for specifics as they apply to your home and your neighborhood or for information about intriguing homes on or about to come on the market. Get notified automatically when new properties meeting your criteria get on the market. Click on my Search page at www.GreenTucson.com. On the upper right hit “Join” and Register for Your Free Account.
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