Tag Archives: oro valley housing market

Tucson real estate : Well priced homes actually do sell in a reasonable time frame…

Note to sellers: better to price your home correctly from the start. Buyers are looking for deals in the market, and the sale of your home will likely be subject to an appraisal Continue reading

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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 : 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 : Oro Valley August 2011 housing report

Tucson Real Estate : As of August 2011 active inventory was 334, a 16% decrease from August 2010. There were 52 closings in August 2011, 2% above August 2010. Months of Inventory was 6.4, down from 7.8 in August 2010. Median price of sold homes was $215,500 for the month of August 2011, down 21% from August 2010. Oro Valley had 50 new properties under contract in August 2011, up 14% from August 2010.

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

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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Oro Valley : La Reserve furniture re-arranging bandit caught!

The good folks in the gated La Reserve community can now sleep better. A man who broke into several Oro Valley homes (mostly in La Reserve) just to hang out, smoke pot and re-arrange furniture has been caught! You can read more about this arrest here. Turns out the crook wasn’t a stranger; he lived in La Reserve Continue reading

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

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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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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Tucson Real Estate : Pricing Strategy

Tucson Real Estate: Pricing your property properly when first listed can help you get a higher percentage of your list price and sell it in half the time. The majority of showings occur when a house is first placed on the market. If you price too high when you put it on the market, you run the risk of incurring higher holding costs and ultimately getting less for your property.

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Oro Valley Housing Report: June 2011

As of June 2011 active inventory was 367, a 7% decrease from June 2010. There were 53 closings in Oro Valley June 2011, 22% below June 2010. Months of Inventory was 6.9, up from 5.8 in June 2010. Continue reading

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