Matter of timing, look for land to bounce back first

April 2008
Inside Tucson Business;4/14/2008, Vol. 17 Issue 45, Special section p5
The article reports on the condition of the commercial real estate sector in Tucson, Arizona in 2008. The market for commercial land reached near bottom level and Will C. White of Land Advisors Organization disclosed that more people preferred to purchase residential lots before moving. He added that billions of commercial lots are in waiting and that most investors are waiting for the right moment to jump in. Homebuilders provide incentive packages to attract and retain buyers.


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