Category Archives: Tucson Real Estate news

Tucson real estate : Sept. 2011 foreclosure notices decline from Aug.

After spiking in Aug. 2011, the number of foreclosure notices issued in Pima County, declined in Sept. 2011. The notices infor property owners inform property owners that thier loan is in default and an auction has been scheduled. Continue reading

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Tucson real estate : The cost of living in Cobblestone

7301 N Cathedral Rock Rd is the latest home to sell in Cobblestone. The home closed today for $1,170,000. It was first listed on 12/10 for $1,349,000. Continue reading

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Tucson real estate : What’s going on in Pima Canyon?

Right now there are two homes with an asking price below $850,000 in Pima Canyon. This is unusual since the vast majority of homes in Pima Canyon have a asking and selling price above $1,000,000.
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Tucson real estate : Foothills foreclosure sells for $6k above the asking price

Tucson Real Estate : 6356 N Camino Padre Isidoro (near Skyline & Orange Grove) sold for $300,100 which is $6,000 above the home’s asking price. The home was a foreclosure sale.

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Tucson Real Estate : Sept 30th weekend interest rates

Tucson Real Estate : Sept 30th weekend interest rates Continue reading

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Tucson Real Estate : Good deal in gated Miramist (Catalina Foothills)

6420 Miramist Way has just been reduced to $699,000. The home is located in the gated community of Miramist Continue reading

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Tucson Real Estate : Catalina Foothills home has $2 million price reduction!

7582 N Secret Canyon Drive has been reduced from has just been reduced from $9,995,000 to $7,900,000. The home was first listed on 6/09 for $13,500,000 and has reminded on the market since. Continue reading

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Tucson real estate : Villages of La Paloma (Catalina Foothills)

Tucson real estate 9/26/11 : The Villages of La Paloma is a part of the La Paloma community south of Sunrise Dr. Most of the home are located on small lots and built after 2000. The medium sales price, over the past 6 months is $475,000 Continue reading

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Tucson Catalina Foothills foreclosure update

In the Tucson Catalina Foothills there are currently 20 foreclosures for sale. The low is $80k and the high is $477k. Interesting there are no luxury foreclosures currently for sale in the Foothills now!!! Let’s check back next month and see if this changes… Continue reading

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Tucson real estate : Months of inventory by zip code (August 2011)

Months of Inventory (MOI), is the amount of current inventory (homes currently for sale) divided by average monthly sales. This is a good indicator of market health since it measures the amount of time it will take to elimate current inventory. In general, a market is considered “balanced” when MOI is 6 months Continue reading

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