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Tag Archives: Marana luxury home sales
Below find a link to the July 2011 Tucson Luxury Housing Report, from Long Realty. This report provides detailed market data on the Tucson luxury housing market for July 2011. Continue reading
At a rate unseen since the housing boom, high-end home buyers are acquiring large “jumbo” mortgages thanks to low interest rates. Continue reading
A good way to learn about a property’s value is to ask a Realtor for a Competitive market Analysis (CMA). A CMA is an analysis done by real estate agents to estimate a home’s market value. It is not an appraisal.
When showing your property, you only get one chance to make a good impression. Here are some suggestions to increase the desirability of your property to potential buyers, and help you sell at the best price, in the least amount of time. Continue reading
Setting your asking price correctly, is the key to a successful sale. Below find data (from Long Realty) which examines how a home’s pricing, relative to its actual market value, determines the amount of buyers who will view it.
Below find the months of inventory for the entire Tucson area luxury market Continue reading
If you want to successfully sell you home, its crucial to understand buyer behaviors. Below find a list of where buyers found the home they purchased.
Foreclosure notices in Pima County has hit an almost 3 year low! For the 1st time since Nov. 2008, less than 700 property owners (693 in total) in Pima County received notice that their loans were in default. To put this in perspective, in 2006, when the market peaked, an average of 240 foreclosure notices were issued monthly. June 2011, was also the 5th straight month the number of notices declined, relative to last year!
Lenders begin the foreclosure process by giving property owners “notice” that their loan is in default. Receiving notice does not necessarily mean a property will ultimately end up in foreclosure.
This is very good news for the Tucson area real-estate market, since the market will not recover until the current and future inventory of foreclosure properties drops considerably.
FEMA has revised its Digital Flood Insurance Rate Maps. The revised maps became effective June 16, 2011. Many properties are affected and it is important for all property owners in Pima County to determine how the new maps will effect them Continue reading