Category Archives: Tucson Foothills Real Estate news

Pima County raises property taxes!

Posted on August 17, 2011 by Lisa Bayless

Pima County supervisors raised property taxes for the second year in a row. The combined (primary and secondary) tax rate was set at $4.84 per $100 of assessed valuation. In 2010, the tax rate was $4.67.

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Tucson Real Estate: Federal Reserve Extends Record Low Interest Rates

Posted on August 16, 2011 by Lisa Bayless

Tucson real estate : Federal Reserve pledged to keep interest rates at their historic lows at least through mid-2013 indicating how serious the Fed is about preventing another recession. The Federal Reserve announced it was taking such measures because this year’s economic growth has been “considerably slower than the Committee had expected.”

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Months of Inventory: Tucson Catalina Foothills, Oro Valley and Marana July 2011

Posted on August 16, 2011 by Lisa Bayless

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 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 , , , , , , , , , , , , , , | 4 Comments

Tucson housing report: July 2011

Posted on August 14, 2011 by Lisa Bayless

Below find a link to the Tucson (city limits) July 2011 housing report from Long Realty Continue reading →

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Tucson Luxury Housing Report: July 2011

Posted on August 11, 2011 by Lisa Bayless

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 →

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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 Catalina Foothills July 2011 Housing Report

Posted on August 11, 2011 by Lisa Bayless

Below find a link to the Tucson Catalina Foothills July 2011 Housing Report from Long realty. This report provides July 2011 data on the Tucson catalina Foothills housing market. Continue reading →

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Long Realty’s response to 24/7 ranking Tucson sickest housing market in America

Posted on August 8, 2011 by Lisa Bayless

Below find Long Realty’s (where I work) response to 24/7 Wall St. article that ranked Tucson the sickest housing market 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 Listing, Tucson Real Estate news | Tagged , , , , , , , , , | 1 Comment

24/7 Wall St. deems Tucson sickest housing market in America

Posted on August 8, 2011 by Lisa Bayless

24/7 Wall St. has taken a new look at the housing market to find the very weakest cities by identifying those with the highest homeowner vacancy rates. Tucson tops the list since its vacancy rates has doubled since last year 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 , , , , , , , | 6 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