For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled.” – Richard P. Feynman
GreenTucson June, 2017
There are so many things to do in our fair city:
Tucson Premium Outlets Concert Series Southern Arizona Arts and Cultural Alliance offers free weekly performances Saturdays from 4 p.m. to 7 p.m. in the Mountain Court at Tucson Premium Outlets.
Mexican Food Festival June 17, 2017 celebrating some of the region’s best Mexican food.
A day trip away, but truly, a fun time! You don’t need to wait for out of town guests to visit Old Tucson and Tombstone.
Reuters cited that the Labor Department findings for job openings, a measure of labor demand, increased 259,000 to a seasonally adjusted 6.0 million in April, the highest level since the government started tracking in 2000. "Labor market supply constraints are expected to bite into job creation but should also help to keep a lid on jobless claims as employers focus on retaining talent, so long as the economy continues to chug along," said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan. There is a consensus among economists that labor market tightness could encourage the Federal Reserve to raise interest rates at its June 13-14 policy meeting.
George W. Hammond, Ph.D., EBRC Director and Research Professor, our respected Arizona economic guru, gave a somewhat encouraging report: “…job growth in the Tucson MSA (metropolitan statistical area) accelerated significantly last year, from 0.8% in 2015 to 1.3% in 2016.” His report included a Tucson forecast for adding 5,400 jobs in 2017 and 7,200 jobs in 2018. The aerospace sector is expected to add high-paying jobs, contributing to faster income growth and pay levels. Dr. Hammond sees job growth, fairly steady at 2.6% and faster than the national average, remaining above 2% through the end of 2018. “We’re growing a lot faster than most states, but not as fast as we’re used to growing,” Hammond said.
In the Tucson Main Market area for May 2017 compared to May 2016, Active Inventory of homes for sale posted a 15% decrease and the Median Price of sold homes increased by 9%. Specific to the Tucson North area, inventory decreased 26% and Median Price of Sold homes for the month of May 2017 was up 4% from May 2016.
Check out all the latest Housing Reports: North, Central, Northeast, Northwest, West, & Tucson Luxury. Check other areas at: Housing Reports. Get notified automatically when new properties meeting your criteria get on the market. If you are curious about the value of your home in today’s market and wondering if now is a good time to list, Click: 3 instant, automated estimates of your home’s current value. Then contact me and I can share with you a full and complete evaluation after seeing your home. My Mobile App has great new features. Now search neighborhood lifestyle points of interest for each property, view properties using an integrated satellite with driving directions and Google street view. Searching has been made easier with updated “For Sale” map icons to help differentiate new listings and price changes. With Commute Time searching, you can enter any address, specify how long a commute you want and typical time of day. Download or update my app and start your search!