Definition of sovereign guarantee: Government's guarantee that an obligation will be satisfied if the primary obligor defaults. Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
The median list price for Phoenix-Mesa area homes is $244,900, up 14% from the same month last year, according to the National Housing Trend Report for February 2014 published by Realtor.com.
The median home value in Tucson is $135,500. Tucson home values have gone up 1.2% over the past year and Zillow predicts they will rise 4.2% within the next year. The median rent price in Tucson is $1,000, which is lower than the Tucson Metro median of $1,100.Read more. Foreclosures will be a factor impacting home values in the next several years.n Tucson 3.5 homes are foreclosed (per 10,000). This is greater than the Tucson Metro value of 3.3 and also the same as the national value of 3.5. Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment.