Category Archives: Oro Valley Real Estate news

Here’s a good deal in the Foothills!

5680 N Chieftan Trail had a $100k price reduction today and is now$525,000 ($179/sqft). For a home, in this condition, in the Foothills this is one good deal. Continue reading

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , | 4 Comments

Say NO to scorpions in your house!!!

The presence of scorpions in a home can be controlled. Loose boards, wood piles, rocks, and debris should be eliminated from areas around the home, especially near foundation walls. Spray an residual insecticide in these areas. This will also reduce populations of insects that the scorpions feed on. Spray a swath outside approximately six feet around the perimeter of the home and one foot up the foundation wall. Spray all entry points from the inside.
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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , | 3 Comments

Foreclosure update: Foothills, Oro Valley and Marana

Currently, the are 180 foreclosure properties for sale in the Foothills and the Oro Valley and Marana. The low price is $54,900 and the high is $2,350,000.

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

Tucson 4th in the nation for real-estate investors!!!

Inman News has ranked Tucson 4th in the nation for real-estate investors!!! Now more than ever there is value in the real-estate market.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate news | Tagged , , , , , , , , , | 9 Comments

Developers lose luxury Saguaro Ranch

Below find an excellent article, from the AZ Daily Star, regarding Saguaro Ranch. Saguaro Ranch is a luxury development (most homes have a list price above $2million) located in Marana. There is some incredible value and investment opportunities in Sagoaro Ranch now!!!

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news | Tagged , , , , , , , | 5 Comments

Luxury Home Market Update

From Jan 1 – June 8, 2011 there have been 29 homes in the Foothills and the Northwest (Oro Valley & Marana) that have sold for $1million or more. 12 of these sales have been in the Northwest; the remained in the Foothills.

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

Long Realty April Housing Report – Oro Valley

Below find a link to the April Housing Report, from Long Realty, for Oro Valley.

This report provides up to date information, pricing, inventory, sales among others. This is one of the most comprehensive reports, on the Foothills housing market, that I am aware of.
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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news, Uncategorized | Tagged , , , , , , , | 3 Comments

Distressed sales is Arizona

Distressed sales (foreclosures and short sales) continue to drive residential real-estate prices down. Arizona has been, one of the states, hit hardest by the flood of distressed home sales and consequently the decline of the housing market. The good news is, there is a silver lining to the storm clouds of the past. Since Arizona has already processed a flood of distressed home sales, it is expected to eliminate its future inventory faster than other states Continue reading

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , | 4 Comments

Foothills luxury home originally listed for $3.9mm, sold for $1.8mm

6959 N Javelina Tucson, in Skyline CC, was originally listed for $3.9mm in 2007. Since then the home has been on and off the market and has had numerous price reductions.

Today the home closed for $1.8mm.

This is just one more example of the luxury market’s adjustment to current market conditions. Continue reading

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

Months of Inventory for the Foothills & Oro Valley

Months of Inventory (MOI) reflects the time period required to sell all the properties on the market given the number of closed transactions in the preceding month, provided no new product becomes available. This is an excellent benchmark to show the velocity of transactions in relation to the market inventories. This measurement is a broad one and will vary (in some cases dramatically) by price range, location and type of property.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate news | Tagged , , , , , , , , | 12 Comments