Tag Archives: marana

Tucson real estate : 3rd quarter housing market update

Posted on October 11, 2011 by Lisa Bayless

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…

Posted on October 11, 2011 by Lisa Bayless

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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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 : Foothills foreclosure sells for $6k above the asking price

Posted on October 4, 2011 by Lisa Bayless

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

Posted on October 3, 2011 by Lisa Bayless

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

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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 , , , , , , , , | 1 Comment

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

Posted on September 25, 2011 by Lisa Bayless

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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Posted in catalina foothills real estate news, marana real estate news, Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news | Tagged , , , , , , , , , | 1 Comment

Tucson Land Report: August 2011

Posted on September 22, 2011 by Lisa Bayless

As of August 2011 active lots and land was 1,772, a 3% decrease from August 2010. There were 13 closings in August 2011, 50% below August 2010. Continue reading →

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Posted in catalina foothills real estate listings, catalina foothills real estate news, 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 , , , , , , , , , , | Leave a comment

Tucson Luxury Housing Report: August 2011

Posted on September 20, 2011 by Lisa Bayless

Tucson real estate: As of August 2011 active luxury inventory was 226, a 30% decrease from August 2010. There were 5 luxury closings in August 2011, 44% below August 2010. Luxury months of Inventory was 45.2, up from 36.0 in August 2010. Median price of luxury sold homes was $975,000 for the month of August 2011, down 3% from August 2010. The Luxury market had 8 new luxury properties under contract in August 2011, down 43% from August 2010

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Tucson real estate : Pima county foreclosure notices rose in August 2011

Posted on September 9, 2011 by Lisa Bayless

After a four month consistent decline, foreclosure notices in Pima County increased 38% relative to the previous month.

In August 2011 there were 917 foreclosure notices filed in Pima County, compared to 666 in July 2011. The good new is August 2011’s filings were down 14% compared to August 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 , , , , , , , , , , , , , , , | Leave a comment

Tucson real estate : Catalina Foothills short sale under contract twice and unable to close

Posted on August 31, 2011 by Lisa Bayless

This Catalina Foothills home is a short sales, listed at $549,000 and has been under contract twice this year; in March and June. Of course, it is back on the market and seems unable to close.

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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 , , , , , , , , , , , , | Leave a comment

Tucson real estate : Should buyers be pre-qualified by a lender before making an offer?

Posted on August 30, 2011 by Lisa Bayless

Should buyers be pre-qualified by a lender before making an offer? If they need to get financing —– YES!

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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