Buyers In Four Corners Area are Making Quick Profits - 2005-01-22
The year 2004 was an eventful one for real estate in Four Corners. The combination of a weak U.S. dollar and low interest rates generated record sales and boggling property appreciation rates in the area where Lake, Osceola, Orange and Polk counties meet.

Based on Freddie Mac, the average rate for a 30-year, conventional, fixed-rate mortgage was 5.74 percent the week of Jan. 13. The week before, the rate was 5.77 percent.
Read the full story at The Ledger

Demand for homes here on verge of outstripping supply; prices way up - 2005-01-22
Higher demand for Tucson homes is shrinking the available housing supply and driving prices to all-time highs.

Continued low interest rates fuel the market. The interest rate on a conventional 30-year home mortgage is about 5.5 percent.

"These low rates have exacerbated growth patterns and are driving demand," said Tom Scott, chief executive of Barkley Mortgage.
Read the full story at The Tucson Citizen