Tag Archives: tucson homes market

Where buyers found the home they purchased

If you want to successfully sell you home, its crucial to understand buyer behaviors. Below find a list of where buyers found the home they purchased.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , , | 1 Comment

Foreclosure notices at 3 year low in Pima County!

Foreclosure notices in Pima County has hit an almost 3 year low! For the 1st time since Nov. 2008, less than 700 property owners (693 in total) in Pima County received notice that their loans were in default. To put this in perspective, in 2006, when the market peaked, an average of 240 foreclosure notices were issued monthly. June 2011, was also the 5th straight month the number of notices declined, relative to last year!

Lenders begin the foreclosure process by giving property owners “notice” that their loan is in default. Receiving notice does not necessarily mean a property will ultimately end up in foreclosure.

This is very good news for the Tucson area real-estate market, since the market will not recover until the current and future inventory of foreclosure properties drops considerably.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , | 1 Comment

Market Update: 2nd quarter housing results for The Foothills & Oro Valley

Below find the 2nd quarter (April – June), 2011 housing results, for the Foothills and Oro Valley. I have compared the 2nd 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 Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , | 1 Comment

Well priced luxury home do sell!

This well priced luxury home in Ventana Canyon sold in 29days!

It was listed for $1,195,000 and sold for $1,119,000. Well priced luxury homes can sell in a reasonable amount of time and close to the original list price.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , | 2 Comments

June 2011 sales results: Foothills, Oro Valley and Marana

June 2011 residential home sales results are in! Below an overview of all home sales in the Foothills, Oro Valley and Marana as well as links to each sold home for your review. For those of you who track the real-estate market, monthly home sale results is one of the most important indicators of current market conditions. It tells you not only what is selling but also how much activity there is.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , | 2 Comments

Developers lose luxury Saguaro Ranch

Below find an excellent article, from the AZ Daily Star, regarding Saguaro Ranch. Saguaro Ranch is a luxury development (most homes have a list price above $2million) located in Marana. There is some incredible value and investment opportunities in Sagoaro Ranch now!!!

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news | Tagged , , , , , , , | 5 Comments

Tucson Luxury Home Market Update

Tucson Luxury Home Market Update. As of February 2011 active luxury inventory was 291, a 32% decrease from February 2010. There were 10 luxury closings in February 2011, 9% below February 2010. Continue reading

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Posted in Tucson Real Estate news | Tagged , | 6 Comments

Tucson main mkt. July 2010

As of July 2010 active inventory was 7,047, a 14% increase from July 2009. There were 792 closings in July 2010, 32% below July 2009. Months of Inventory was 8.9, up from 5.4 in July 2009. Median price of sold homes was $150,000 for the month of July 2010, down 11% from July 2009. There were 1,296 new properties under contract in July 2010, up 21% from July 2009.

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Posted in Tucson Real Estate news | Tagged , , , | 2 Comments