Tucson Housing Market
Tucson has been given the dubious distinction of having the nation’s “sickest” housing markets with a homeowner vacancy rate that is more than double what it was a year ago.
According to a new list, “America’s Ten Sickest Housing Markets,” by the investor website 24/7 Wall Street ranked Tucson as No. 1 with homeowner vacancy rates of 6.8 percent, rental vacancy rates of 15.9 percent and unemployment at 7.8 percent.
24/7 Wall St. evaluated independent sources of housing-market data from the 75 largest metro areas to find the weakest cities in terms of high homeowner vacancy rates, rental vacancy rates, total housing units, unemployment and other factors. These are markets where demand has collapsed and demand has dropped well below the national average.
Arizona’s second-largest city has 440,909 total housing units, according to the website.
Tucson’s homeowner vacancy rate was 3.2 percent a year ago. “The city had a booming residential housing market before the crash. Since then, demand is so low that median home prices have dropped 18 percent in the past year and 33 percent since 2008. In addition, the city has among the highest rate of foreclosures in the country.”
A Terrible Place To Live
I started this Blog to help travelers and people in tucson see what I have seen over the past 10 years, All I could find on the internet were Pictures of Mt Lemon( which is partially burnt down), The desert Museum, Sabino Canyon, Neighborhoods North of River, and Saguaro National Monument. This only represents 10% of Tucson, The majority of this town is completely run down, crime ridden, and down right disgusting.
I was born and raised here, over the past 10 years I have watched the town I once loved change astronomically, It is a terrible place to live, and an even worse town to try and raise a family.
It is a great place to live if you enjoy carrying a gun in your waist, dealing drugs, and robbing innocent people, if this is the lifestyle you choose to live than you will feel right at home here in Tucson.
The Summers are unbearable it gets to be 120 at times, with very few activities for relief, there are some resort pools to cool off at, if you can get a room, if you do they are discounted so much in the summer that the pool is filled with low life's and drunks.
There is truly no relief from the heat you are a prisoner in your own home during the day time hours, you are forced to go out at night when it is cooler, needless to say this is when the majority of thugs, gang bangers, and drug addicts roam the streets.
We do not have any sports teams to watch, everyone down here makes a huge deal about a college football team (The Wildcats) a total joke! They tailgate down by the U of A before games, it is sad to watch this town try and do it like the big boys (AZ Cardinals) up in PHX.
Tucson has a terrible problem with the homeless population, they are not like trendy homeless kids they are like, scary, drug addict mentally ill homeless people. They flock here due to the dry climate and warm winters, in the dead of summer they move into Psychiatric facilities and shelters, in the winter they roam the streets and stand on traffic islands panhandling.
If you are thinking of moving here "DO NOT DO IT" If you live here and are thinking of leaving, get out before it gets worse, or you end up dead. I will be leaving here real soon and never coming back.