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Why do buyers look at my house but not make offers to buy?

April 5th, 2017 by Michael Oliver

"home for sale with pool and palm trees"

Even in today's sellers market some homes get a lot of activity but do not find a buyer willing to buy. Here is some help for those situations.

A question that I hear a lot of others agents in our office answering goes is something along the lines of:
“We have had a lot of buyers take a look at our home but no one is making an offer what is going on?” or “How many showings does it take to sell this house?”

Is Using Charm Pricing A Good Idea When Selling A Home?

February 14th, 2017 by Michael Oliver

Priceless book by Poundstone

Small pricing differences in the list price of your home can make some large differences. This book by William Poundstone is a great read to help understand how pricing works in the real world.

Does setting a more exact list price work better for you as a home seller? Statistically yes; it gets you a higher sale price and buyers are less willing to bring in low offers.

Tucson real estate market short of inventory, sellers should look to cash in!

January 2nd, 2017 by Michael Oliver

The Tucson real estate market is strong but if you are thinking of selling a property 2017 is probably the year to do so.

In today’s Tucson real estate market inventory or the number of home for sale at levels below $800,000 are low. Updated move-in-ready homes specifically in the inner areas of Tucson are very difficult to find for most buyers. After 7-8 years of massive inventory levels that had given buyers too many options 2017 finally looks to be the year that if you are thinking of selling will allow you to get your home sold for a good to great price.

2016 was a strong year for real estate in Tucson. Here is a recap

December 27th, 2016 by Michael Oliver

"Tucson real estate market"

Here's our re-cap of the 2016 Tucson real estate market and what is selling the best!

The Tucson real estate had a very good and balanced market for most of 2016. Early in the year until November, the market had incredibly low mortgage rates offering borrowers the ability to buy much higher priced homes then they would be able to qualify for just a few years prior. This in turn, allowed many sellers to increase the asking price of their homes and buyers went along with this on average the price of a home in Tucson increased 3.8%. Many parts of Tucson are seeing heavy demand for homes currently (and have been for the last year) those areas would be;

7255 E Snyder Road 7206, Our Newest Listing Condo Listing

August 27th, 2016 by Michael Oliver

"7255 Synder Condo For Sale Foothills Home"

This Ventana Area Condo Just Listed For Sale

Our newest condo listing in the Catalina Foothills is this spacious 3-2 condo is in the upscale Villas at Sabino Canyon Condominiums neighborhood. Located at the back of the development this unit offers premium mountain views from the living room with privacy!

Situated in the Ventana Canyon district, it avoids the bustle of the city and delivers on spectacular Sonoran scenery while being only an easy twenty-five-minute drive away from downtown Tucson. The location also provides a perfect location for world class gold at nearby Ventana Canyon (with resort options as well), shopping not to far away  in the Catalina Foothills at La Encantada, as well as many dining options for every budget and category!

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Tucson Builders Falling Behind Expect Build Times To Increase

August 11th, 2016 by Michael Oliver

Get Ready For Longer Built Times And Higher Prices In The New Home Segment Of The Tucson Market

As projected earlier this year the homebuilders in Tucson are starting to fall behind on build times across the Tucson metro region. Homes that were being built from start to finish in January 2016 in 4-5 months are now taking 7 or more months to complete.

The main reason this is happening is due to more demand for homes then workers to build them. Homebuilding in Tucson had been in a severe slump for many years until about 2015. Between last year this time and today the demand for a brand new home has almost never been higher.

Tucson Housing Market Going Up Or About To Fall?

July 12th, 2016 by Michael Oliver

Oro Valley Home We Recently Listed And Sold In 5 Days For FULL PRICE! Proof Of How Strong The Tucson Housing Market Is. Not All Homes Are Demanded Like This However. Read This Post To Understand What Is Happening In The Market.

We have been seeing an a lot of demand this year as buyers feel confident about buying Tucson area homes. Low mortgage rates and a competitive landscape seem to be speeding up the velocity of the marketplace. This has been the case for about the last 6 months in the Tucson area. Many buyers are getting beat out on the best homes and the next time they find one they like they are currently willing to step up and make really good offers out of the gate. I have seen recently buyers willing to pay full price or more on their initial offer just to lock up a house…

Top 3 Things To Do Before Listing Your Home For Sale

November 2nd, 2015 by Michael Oliver

Deep Cleaning A Home Is A Must If You Are Serious About Getting Top Dollar. Few People Spend The Time To List A Home Properly For Sale However Allowing Those That Do To Really Standout!

In the Tucson area right now the northern part of the region is seeing high demand for newer, updated, single story homes. The best areas to sell in right now are; The Catalina Foothills, Oro Valley, as well as the inner NW region (think 85658/ (Dove Mountain), 85742, 85743, 85741 zip codes). Those areas for newer updated single story have more demand then there are homes available currently, but what should you do before listing your home for sale?

Should You Buy A Single Story Or Two Story Home?

October 16th, 2015 by Michael Oliver

One story homes offer owners the best of both worlds; maximum livability as well as more value down the road! When looking at homes for sale look at the home types as much as the neighborhood and features!

Most buyers never consider this question but they should, and here is why: When the day comes you want to re-sell your home, the difference between a one and two story home is somewhat surprising. Here are the findings from statistics I recently did on the subject. The two most obvious stats are these;

Current Tucson Market Update; Oro Valley/ Foothills Markets Strong

October 5th, 2015 by Michael Oliver

This New Listing Of Ours At 8851 Riviera In Oro Valley Has Had Four Showings In Four Days On The Market ! This Is An Example Of How Strong Buyer Demand Is For The More Updated Homes Currently!

The Tucson market is currently going through a shortage of quality inventory with sellers sticking to their prices to make deals. We have seen this tightness in the market a few times over the last 3 years and generally as soon a bit more inventory hits the market; prices get more flexible with sellers not wanting to lose their sale. (That has not yet happened though in this cycle.)

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