Tucson real estate : Open house Oct 9th in the Catalina Foothills

Tucson Real Estate : I will be holding 6103 Pinnacle Ridge on Oct 9th from 1-4pm. At $695,000 it’s priced to sell. If you would like to see the home please come by!

Pinnacle Ridge is a gated community (near Potantoc & Skyline Dr). Most of the homes were built after 2000. Many of the homes are well priced in Pinnacle Ridge right now and there is value for buyers!

Here is a comparable market analysis for Pinnacle Ridge going back 6 months. Currently there are 4 homes for sale in the subdivision and 2 have sold over the past 6 months. Amazingly the medium asking price for a home in Pinnacle Ridge is $672,000 and the medium sale price (over the past 6 months) is $767,500!!! Very unusual to find the asking prices to be less than the solds….

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales. Contact Lisa for all your Tucson real estate needs.

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

Tucson Real Estate : 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.

There were 797 trustee-sale notices filed in Sept 2011; down 13% from Aug. 2011 & down 27% from Sept. 2010. In total, fewer foreclosure notices have been filed in 2011, compared to 2010. From Jan-Sept 2011, 7,227 foreclosure notices have been filed in 2011. During the same time period last year, 8,939 notices were filed.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales. Contact Lisa for all your Tucson real estate needs.

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Tucson real estate : The cost of living in Cobblestone

Tucson real estate : Cobblestone a  gated luxury community located at the top of Campbell Road in the Tucson Catalina Foothills.

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.

Here is a comparable market analysis, for Cobblestone, going back six months. The housing market in Cobblestone is looking reasonably balanced right now!  Currently there are 3 homes for sale in Cobblestone and 2 have sold over the past 6 months. The medium asking price is $1,350,000 and the medium selling price (over the past 6 months) is $1,235,000. Go Cobblestone! It’s nice to see a luxury housing community were buyer and seller 

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate. Contact Lisa for all your Tucson real estate needs.

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

Tucson real estate : 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.

7303 Mystic Canyon Drive has an asking price of $825,000. 7373 Mystic Canyon Drive has an asking price of $849,500.

There are currently 17 homes for sales in Pima Canyon. Here is the comparable market analysis going back 6 months. You will see there is a bit of a gap between supply and demand in Pima Canyon. The medium asking price is $1,395,000 and the medium sale price is $1,075,000. There has been 4 sales over the past 6 months.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana real estate.  Contact Lisa for all your Tucson real estate needs.

 
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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.

The home was purchased by the former owners on 11/06 for $500,000. And some people was the prices of foreclosure homes are not flexible…

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales. Contact Lisa for all your Tucson real estate needs.

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Tucson Real Estate : Sept 30th weekend interest rates

Conventional/Conforming:

To $417,000

30 Year Fixed

4.0% w/0 Points or
3.875%w/1 Point

15 Year Fixed

3.25% w/0 Points or
2.875% w/1 Point

Conventional/Jumbo:

$417,000 and Up

30 Year Fixed

4.25% w/1 Point

 
Niche Products: Interest Only 30 Year Fixed

N/A

Investor Up to $417,000
30 Year Fixed

4.375% w/1 Points

FHA to $316,250:    
VA to   $417,000:
30 Year Fixed

3.75% w/0 Points

 
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Tucson real estate : Catalina Foothills home sells after 1,047 days on the market…

Tucson real estate : 5151 N Calle Ladero , a short sale property located in the Tucson Catalina Foothills, has sold after 1,047 days on the market for $1,255,000. Best part is the home sold for $5,000 more than its list price ($1,250,000)!!! Who says pricing is not flexible in the luxury housing market…..

The home was 1st listed on 8/08 for $2,590,000. It’s been reduced ever since… Did I mention the homes was 8,138 sqft? Over the past two years, only two other homes with a square footage greater than 8,000sqft have sold.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales. Contact Lisa for all your Tucson real estate needs.

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

Tucson Real Estate : 6420 Miramist Way has just been reduced to $699,000. The home is located in the gated community of Miramist; which is very close to Ventana Canyon. Miramist is a gated community with approximately 40 homes that historically have sold for well over $800,000; many for more than $1,000,000.

6420 Miramist Way was purchased on 6/10 for $850,000. It is currently a pre-approved short sale (that means the lender has agreed to the list price). The home was first placed on the market on 3/11 for $875,000.

The home is currently aggressively priced! Interested in this home?  Give me a call.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Call Lisa for all your Tucson real estate needs.

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

Tucson Real Estate : 7582 N Secret Canyon Drive  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. It’s located in The Canyons, a luxury subdivision at the top of Swan Road. It’s a 13,320 sqft home with 10 garage spaces and has a 15 person theater.

Anyone interested?  Please give me a call 🙂

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales. Call Lisa for all your Tucson Real estate needs.

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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.

Right now demand is strong for homes in the Villages. Here is a comparable market analysis which examines active and sold homes in the Village.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.  Contact Lisa for all your Tucson real estate needs.

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