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A home in the Foothills Neighborhood in Tucson has been on sale for three months. However, Tucson real estate agents say they’re going through inventory at a rapid rate.

With his company’s business up and inventory at a five-year low, Realtor Greg Hollman said the housing market in Arizona’s second-largest metropolitan area is thriving. But that assessment runs counter to a recent national news report that branded Tucson the nation’s sickest housing market. Read more» 1

Earlier this week, the federal government put out a request for ideas on how to transform some of the roughly 250,000 government-owned foreclosed homes into rental properties. Read more»