Monthly Archives: July 2011

Tucson ranks 19th in the nation for foreclosures

Posted on July 29, 2011 by Lisa Bayless

Tucson real estate: The Tucson metro area has the nation’s 19th highest foreclosure rate for the first half of 2011 according to RealtyTrac Inc. Tucson has moved from 39th in 2010 to 19th in 2011. One in every 54 properties in the Tucson metro area has received a foreclosure notice.

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Posted in Real Estate News, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , | 3 Comments

Tucson Real Estate: Home in Ventana Canyon sells for $2.2 million!

Posted on July 29, 2011 by Lisa Bayless

Looks like there are some buyers out there who are willing to spend some money. This lovely home in Ventana Canyon closed yesterday for $2.2 million.

While buyers in this price range are willing to spend money, they still demand a good deal. The house was 1st put on the market on 8/08 for $4.5 million. Continue reading →

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Posted in Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , | 2 Comments

Bank Owned Properties and Short Sales

Posted on July 28, 2011 by Lisa Bayless

Bank owned properties and “short sales” can present buying opportunities. Be aware though that purchasing these types of properties will require additional approvals from the property owner’s lender(s), and therefore often lengthen and complicate the transaction process.

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Posted in Marana real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , | 1 Comment

Tucson has lowest Gas Prices in the Nation!!!

Posted on July 25, 2011 by Lisa Bayless

According to a recent survey, Tucson has the lowest gas prices in the nation!! Continue reading →

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Posted in Marana real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate news | Tagged , , , , , | 2 Comments

Oro Valley Housing Report: June 2011

Posted on July 22, 2011 by Lisa Bayless

As of June 2011 active inventory was 367, a 7% decrease from June 2010. There were 53 closings in Oro Valley June 2011, 22% below June 2010. Months of Inventory was 6.9, up from 5.8 in June 2010. Continue reading →

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , | 2 Comments

Tucson Catalina Foothills Housing Report: June 2011

Posted on July 22, 2011 by Lisa Bayless

As of June 2011 active inventory, in the Tucson Catalina Foothills was 576, a 20% decrease from June 2010. There were 90 closings in June 2011, 8% above June 2010. Months of Inventory was 6.4, down from 8.6 in June 2010 Continue reading →

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Posted in Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , | 1 Comment

Tucson Luxury Housing Report: June 2011

Posted on July 22, 2011 by Lisa Bayless

As of June 2011 Tucson active luxury inventory was 247, a 32% decrease from June 2010. There were 13 luxury closings in June 2011, 8% above June 2010. Luxury months of Inventory was 19.0, down from 30.4 in June 2010. Median price of luxury sold homes was $940,000 for the month of June 2011, down 9% from June 2010. The Luxury market had 15 new luxury properties under contract in June 2011, up 25% from June 2010. Continue reading →

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Posted in Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , | 5 Comments

Buyers Canceling Sale Contracts More

Posted on July 20, 2011 by Lisa Bayless

Nationally, sales of existing homes were projected to rise in June 2011, largely because the number of homes that went under contract in May 2011 rose. Since it typically take 1-2 months for a home sale to close, the number of signed contracts in a month is used to project the number of closed sales in the next Continue reading →

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Posted in Oro Valley Real Estate news, Tucson Foothills Real Estate news, Tucson Real Estate news | Tagged , , , , , , , , , | 3 Comments

Fairfield: market overview of this Tucson Catalina Foothills community

Posted on July 20, 2011 by Lisa Bayless

Tucson Real Estate: Fairfield is a wonderful gated community in the Tucson Catalina Foothills. It currently has 22 homes for sales with a list price between $169,000 – $550,000. There are many good deals available in Fairfield now. Continue reading →

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Posted in Marana real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , , | 2 Comments

Big mortgages, they’re back….

Posted on July 18, 2011 by Lisa Bayless

At a rate unseen since the housing boom, high-end home buyers are acquiring large “jumbo” mortgages thanks to low interest rates. Continue reading →

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Posted in Marana real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , | Leave a comment