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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’s Rita Ranch 2,119sf, 4/2, Pool Sells For $144,900 After 4 Days On The Market-

December 1st, 2010 by Michael Oliver

Watching the market and looking at what sold today (sold meaning closed escrow and was reported in MLS as of today) the

$144k for a Rita Ranch home with over 2,100sf, pool, and super clean makes for the best deal of today

best deal I have seen a buyer get in a little while was this 2,119sf, 4 bed, 2 bath with a saltwater pool single story home that looked to be in great shape. The purchase price as $144,900 and sold for 100% of full asking price. The home was a foreclosure that was obviously priced to sell quickly as the buyers in the market only needed 4 days to have it under contract.

Rita Ranch- Best Home Deals Available Currently In Rita Ranch On Tucson’s SE (Southeast) Side- 85747 Zip Code Homes

February 23rd, 2010 by Michael Oliver

Rita Ranch is a popular master-planned neighborhood on the southeast side of Tucson along Houghton and Rita Rd. Homes in the neighborhood are always coming on and off the market as there is a constant demand for them. Rita Ranch is within the 85747 zip code. 85747 Homes are highly coveted due to there location close to DMAFB and access to I-10 as well as Tucson’s east side. The best deals in Rita Ranch however sell quickly as buyer’s quickly scoop them up. In todays market foreclosures, short sales, and sometimes individual sellers with equity are where the best deals on homes are at. In Rita Ranch some new homes are still available however they are just outside “Rita Ranch” yet in the same general area. Homes in Rita Ranch Start in the mid 100k’s and can range up in price to the low $300k;s depending upon the size and amenities.

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Michael Oliver - Best Tucson Realtor