Category Archives: catalina foothills real estate news

Tucson real estate : October 2011 Catalina Foothills housing report

Posted on November 11, 2011 by Lisa Bayless

As of October 2011 active inventory was 533, a 25% decrease from October 2010. There were 53 closings in October 2011, 2% above October 2010. Months of Inventory was 10.1, down from 13.7 in October 2010. Median price of sold homes was $295,000 for the month of October 2011, up 5% from October 2010. The North area had 84 new properties under contract in October 2011, up 71% from October 2010 Continue reading →

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Tucson real estate : Pricing Strategy

Posted on November 9, 2011 by Lisa Bayless

Pricing your property properly when first listed can help you get a higher percentage of your list price and sell it in half the time. The majority of showings occur when a house is first placed on the market. If you price too high when you put it on the market, you run the risk of incurring higher holding costs and ultimately getting less for your property.
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Tucson real estate : Good deal in Shadow Hills

Posted on November 8, 2011 by Lisa Bayless

Shadow Hills is on fire! It’s a neighborhood (located near 1st & Orange Grove) were demands actually appears to exceed supply! 1202 Paseo Zorro was just reduced to $622,450 Continue reading →

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Tucson Real Estate : Overview of mortgage rates (11/4/11)

Posted on November 4, 2011 by Lisa Bayless

Overview of mortgage rates (11/4/11) Continue reading →

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Tucson real estate : Pima County foreclosure notices decline

Posted on November 3, 2011 by Lisa Bayless

Foreclosure notices issued in Pima County during October 2011 fell 20% compared to the same time last year. In Oct 2011, there was 816 foreclosures notices filed, compared to 1,019 notices filed in October 2011. Hurray! Continue reading →

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Tucson real estate : Foreclosure brings prices down in Pinnacle Ridge

Posted on November 2, 2011 by Lisa Bayless

Pinnacle Ridge is a gated community in the Catalina Foothills that consists of home built after 2000 between 3,500-4,500 sqft. Continue reading →

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Tucson real estate : Well, at least Beverly Hills has high-end home buyers

Posted on November 1, 2011 by Lisa Bayless

Tucson real estate : Last week, the most expensive home of the year sold for $2.95mm in Tucson. At the current rate of sales, there is more than 10 years inventory of homes with a list price above $2mm in … Continue reading →

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Tucson real estate : American mobility at record low, hurts AZ housing market

Posted on October 30, 2011 by Lisa Bayless

This is a problem for states like AZ that depended on population growth, and seasonal or retired transplants to support the growing housing market. Continue reading →

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Tucson real estate : 10/28/11 mortgage interest rates

Posted on October 29, 2011 by Lisa Bayless

Tucson real estate : 10/28/11 mortgage interest rates Continue reading →

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Tucson real estate : Home sells for $2,592,000, biggest sale of 2011!

Posted on October 28, 2011 by Lisa Bayless

5000 E Via Estancia (located in Miravel) closed today for $2,592,000!!! That’s the most expensive home to sell in the Tucson area this year. Hurray.
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