Category Archives: Tucson Real Estate news

Tucson real estate : Great deal! Pima Canyon foreclosure

Below find a link to a GREAT DEAL in Pima Canyon!!! This home at 1682 Sahuaro Blossom listed for $1,075,000 came back on the market today as a foreclosure. 1682 Sahuaro Blossom (foreclosure) This home was first listed for $4.2million in … Continue reading

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Tucson real estate : Months of inventory by zip code

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.

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Tucson Real Estate : Catalina Foothills Estate 10 (Catalina Foothills subdivision) market overview

Catalina Foothills Estate 10, is a gated Tucson Catalina Foothills subdivision located off of Hacienda Del Sol between River & Sunrise. This subdivision has had fantastic sales over the past 6 months. Below find a link to a competitive market analysis, going back 6 months, for Catalina Foothills Estate 10.
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Tucson real estate : Pinnacle Ridge (Catalina Foothills subdivision) update

Tucson real estate : Pinnacle Ridge is a lovely gated community just north of Swan & Sunrise. The homes in the subdivision were all built in 2001 and after. Below find a link to a competitive market analysis, going back 6 months, for Pinnacel Ridge. Continue reading

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Billionaire Woes.. Malibu Mansion To Be Auctioned Off For $22million (66% off 2007 purchase price!)

If anyone wants to buy a $22 million mansion in Malibu, there is a auction occurring on Sept 18th. This 10,500 sqft home, with sandy beach frontage, located on “Billionaire Beach” in Malibu is up for auction and said to be a steal at only $22 million. The current owners bought the home in 2007 for a mere $65 million. Continue reading

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August 2011 Foreclosure Update : List of all foreclosures in the Catalina Foothills, Oro Valley and Marana

Foreclosure update! In general, foreclosures are priced below market and sell for 98-99% of the list price. Foreclosures offer buyers great value. Below find links to all foreclosures as of 8/25 in the Catalina Foothills, Oro Valley and Marana Continue reading

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Tucson real estate : home values in Pima County decline 34% compared to 5 years ago

Tucson real estate : The Federal Housing Finance Agency recently released data showing the average home in Pima County is now selling for only 66% of what it did 5 years ago.

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Tucson real estate : Mortgage loan application drop to 15 year low

Tucson Real Estate: According to the Mortgage Bankers Association, mortgage loan application have fallen to a 15 year low. The decline in mortgage applications, and ultimately prospective home buyers, was attributed to volatile markets and uncertainty regarding the economy.

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Tucson real estate : Should sellers get a home inspection before they place their home on the market?

Should sellers get their home inspected before they place in on the market? Can’t hurt.

In AZ after a seller accepts an offer on their home, the buyer has 10 days to perform home inspections. Usually buyers perform a home, termite and pool inspection.
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Tucson Real Estate : Land Sales Market Report July 2011

As of July 2011 active lots and land was 1,758, a 6% decrease from July 2010. There were 26 closings in July 2011, 37% above July 2010. Months of Inventory was 67.6, down from 98.4 in July 2010. Median price of sold lots and land properties was $52,500 for the month of July 2011, down 36% from July 2010. There were 36 new lots and land properties under contract in July 2011, up 29% from July 2010.
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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