Monthly Archives: October 2011

10/13/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

Posted on October 14, 2011 by Lisa Bayless

Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley & Marana. Continue reading →

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Tucson Real Estate : Catalina Foothills Housing Report October 2011

Posted on October 14, 2011 by Lisa Bayless

Catalina Foothills October 2011 housing report. This report is the most comprehensive Tucson Catalina Foothills housing report I am aware of. Continue reading →

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Tucson real estate : City takes steps to limit minidorms

Posted on October 13, 2011 by Lisa Bayless

Tucson City Council voted yesterday to begin limited minidorms. City staff have been directed to push a proposal limiting five or more unrelated people from living together in residential neighborhoods Continue reading →

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Tucson Real Estate : Tucson Electric Power Reduces Solar Power Incentives

Posted on October 13, 2011 by Lisa Bayless

Tucson Electric Power has reduced its upfront incentives, for rooftop solar systems, from $2.00 per watt to $.75 per watt. Application already accepted by TEP will be still be funded at the $2 per watt level.
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Tucson real estate : List of all foreclosures for sale in the Foothills, Oro Valley and Marana

Posted on October 12, 2011 by Lisa Bayless

Below find a list of all foreclosure homes for sale in the Catalina Foothills, Oro Valley and Marana. In general, foreclosures tend to be priced aggressively. Buyers note: Don’t just limit your search to foreclosures. There are plenty of non-foreclosure homes for sale that are just as aggressively priced.
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Tucson real estate : Catalina Foothills home 53% off original list price

Posted on October 12, 2011 by Lisa Bayless

4720 Nesting Lane (located in the Tucson Catalina Foothills) is back on the market as a foreclosure. The home was first listed on 1/08 for $1,099,000. It is now $516,000 ($132/sqft). That’s 53% off the original list price….. Oh my!
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Tucson real estate : Tucson housing prices fall to 2000 levels

Posted on October 12, 2011 by Lisa Bayless

Housing prices in Tucson have dropped to 2000 levels. The city’s current medium sale price ($117,500) hit its lowest point since Feb. 2001.
Medium prices have fallen 19% compared to Sept 2010 and 48% since November 2005 when prices peaked.
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Tucson real estate : 3rd quarter housing market update

Posted on October 11, 2011 by Lisa Bayless

Below find the 3rd quarter (July-September) 2011 housing results, for the Foothills and Oro Valley. I have compared the 3rd quarter 2011 results to 2010, to provide an overview of the market’s current condition compared to the same time last year.

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Tucson Real Estate : Short sales, buyer beware…

Posted on October 11, 2011 by Lisa Bayless

A short sale is when the list price of a home falls short of the amount owed against the home (mortgages, liens…). The property owner cannot afford to repay the full amount owned on the home and the debt holders agree to release their lien on the home and accept less than the amount owed on the debt.
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Tucson real estate : Lots of lots for sale in Stone Canyon

Posted on October 10, 2011 by Lisa Bayless

The super luxury gated subdivision of Stone Canyon (located in Oro Valley) sure has lots of lots for sale. Ninety-five, to be exact; all with different acreage.
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