Tag Archives: Tucson luxury homes

Months of Inventory: Tucson Area Luxury Market

Posted on July 10, 2011 by Lisa Bayless

Below find the months of inventory for the entire Tucson area luxury market Continue reading →

Share
Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , | 6 Comments

Where buyers found the home they purchased

Posted on July 8, 2011 by Lisa Bayless

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.

Continue reading →

Share
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!

Posted on July 7, 2011 by Lisa Bayless

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.

Continue reading →

Share
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

June 2011 sales results: Foothills, Oro Valley and Marana

Posted on July 1, 2011 by Lisa Bayless

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.

Continue reading →

Share
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

Here’s why sellers should NEVER over-price their homes

Posted on June 30, 2011 by Lisa Bayless

I’ll bet the sellers of a home, that just sold in Ventana Canyon, wish they priced their home correctly, when they first put it on the market in 2008. This home was first listed for $1,595,000 on 8/08. Its been on and off the market ever since and just sold for $1,099,000. That’s almost 33% below its original list price!!!
Continue reading →

Share
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

Here’s a good deal in the Foothills!

Posted on June 27, 2011 by Lisa Bayless

5680 N Chieftan Trail had a $100k price reduction today and is now$525,000 ($179/sqft). For a home, in this condition, in the Foothills this is one good deal. Continue reading →

Share
Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , | 4 Comments

Foreclosure update: Foothills, Oro Valley and Marana

Posted on June 22, 2011 by Lisa Bayless

Currently, the are 180 foreclosure properties for sale in the Foothills and the Oro Valley and Marana. The low price is $54,900 and the high is $2,350,000.

Continue reading →

Share
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

Posted on June 20, 2011 by Lisa Bayless

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!!!

Continue reading →

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

Long Realty’s April Housing Report, Foothills Market

Posted on May 25, 2011 by Lisa Bayless

Below find a link to the April Housing Report, from Long Realty, for the Foothills.

This report provides up to date information, pricing, inventory, sales among others. This is one of the most comprehensive reports, on the Foothills housing market, that I am aware of.

Continue reading →

Share
Posted in Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate news | Tagged , , , , , | 3 Comments

Distressed sales is Arizona

Posted on May 19, 2011 by Lisa Bayless

Distressed sales (foreclosures and short sales) continue to drive residential real-estate prices down. Arizona has been, one of the states, hit hardest by the flood of distressed home sales and consequently the decline of the housing market. The good news is, there is a silver lining to the storm clouds of the past. Since Arizona has already processed a flood of distressed home sales, it is expected to eliminate its future inventory faster than other states Continue reading →

Share
Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , | 4 Comments