Benjie Sanders / Arizona Daily Star 2008

Sales and Marketing
Everready Glass
Sales Reps Administrative & Professional
Tucson Urban League
CEO/President Trades/Construction
RANCHO RESORT
MAINTANANCE POSITION Mechanical
Komatsu Equipment Co
Resident Field Mechanic Finance and Accounting
Charles E. Gillman Company
Accounting Specialist Administrative & Professional
Jorgensen Brooks Group
Counselor

Home prices are falling across the country, but homes in the Tucson area still are considered moderately overvalued, according to a study released Monday by Global Insight and National City Corp.

The median price for Tucson in the first quarter of this year was $186,700, down about 8 percent from the same time in 2007, the report said. It describes the Tucson market as 15.4 percent overvalued.

Tucson's level of overvaluation has gone down, however. The city was listed as 28.1 percent overvalued in the first quarter of 2007.