Category Archives: Oro Valley Real Estate news

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 : 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 : 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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Tucson real estate : Sept. 2011 foreclosure notices decline from Aug.

Posted on October 6, 2011 by Lisa Bayless

After spiking in Aug. 2011, the number of foreclosure notices issued in Pima County, declined in Sept. 2011. The notices infor property owners inform property owners that thier loan is in default and an auction has been scheduled. Continue reading →

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Tucson real estate : The cost of living in Cobblestone

Posted on October 5, 2011 by Lisa Bayless

7301 N Cathedral Rock Rd is the latest home to sell in Cobblestone. The home closed today for $1,170,000. It was first listed on 12/10 for $1,349,000. Continue reading →

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Tucson real estate : What’s going on in Pima Canyon?

Posted on October 5, 2011 by Lisa Bayless

Right now there are two homes with an asking price below $850,000 in Pima Canyon. This is unusual since the vast majority of homes in Pima Canyon have a asking and selling price above $1,000,000.
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Tucson real estate : Foothills foreclosure sells for $6k above the asking price

Posted on October 4, 2011 by Lisa Bayless

Tucson Real Estate : 6356 N Camino Padre Isidoro (near Skyline & Orange Grove) sold for $300,100 which is $6,000 above the home’s asking price. The home was a foreclosure sale.

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