Tag Archives: marana real estate

Tucson real estate : Months of inventory by zip code (September 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.

Below find the months of inventory of various zip codes in the Tucson area for August 2011:

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Tucson Real Estate : Luxury Housing Report September 2011

September 2011 Tucson luxury housing report. Luxury housing is all homes with an ask/sell price abouve $800,000 Continue reading

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10/13/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley & Marana. Continue reading

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Tucson Real Estate : Tucson Electric Power Reduces Solar Power Incentives

Tucson Electric Power has reduced its upfront incentives, for rooftop solar systems, from $2.00 per watt to $.75 per watt. Application already accepted by TEP will be still be funded at the $2 per watt level.
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Tucson real estate : List of all foreclosures for sale in the Foothills, Oro Valley and Marana

Below find a list of all foreclosure homes for sale in the Catalina Foothills, Oro Valley and Marana. In general, foreclosures tend to be priced aggressively. Buyers note: Don’t just limit your search to foreclosures. There are plenty of non-foreclosure homes for sale that are just as aggressively priced.
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Tucson real estate : Tucson housing prices fall to 2000 levels

Housing prices in Tucson have dropped to 2000 levels. The city’s current medium sale price ($117,500) hit its lowest point since Feb. 2001.
Medium prices have fallen 19% compared to Sept 2010 and 48% since November 2005 when prices peaked.
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Posted in catalina foothills real estate listings, catalina foothills real estate news, Marana real estate listings, marana real estate news, oro valley 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 real estate : 3rd quarter housing market update

Below find the 3rd quarter (July-September) 2011 housing results, for the Foothills and Oro Valley. I have compared the 3rd quarter 2011 results to 2010, to provide an overview of the market’s current condition compared to the same time last year.

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Posted in catalina foothills real estate listings, catalina foothills real estate news, Marana real estate listings, marana real estate news, oro valley 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 , , , , , , , , , , , | Leave a comment

Tucson Real Estate : Short sales, buyer beware…

A short sale is when the list price of a home falls short of the amount owed against the home (mortgages, liens…). The property owner cannot afford to repay the full amount owned on the home and the debt holders agree to release their lien on the home and accept less than the amount owed on the debt.
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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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Posted in catalina foothills real estate listings, catalina foothills real estate news, Marana real estate listings, marana real estate news, oro valley real estate listings, Oro Valley Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , | Leave a comment

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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Posted in catalina foothills real estate news, marana real estate news, Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news | Tagged , , , , , , , , | Leave a comment