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;

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.

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;

DR Horton Offers Red Tag Event In Tucson

August 13th, 2015 by Michael Oliver

Something new that DR Horton just rolled out today is what they are calling their “Red Tag Event”. I guess since car companies do it a home builder may benefit as well. Basically what they are doing is dropping prices on their spec homes they have had in inventory for a while. In Tucson this works out to about 18 homes. While the pricing is low in most cases in others it’s no low enough as I have seen the majority of these spec homes (also called inventory homes) while showing clients property in the last month.

Builder Spec Homes Offer Great Value Currently

February 13th, 2015 by Michael Oliver

This Finished Meritage Spec Home Offers Amazing Value; 3670sf Luxury Home In Oro Valley Currently Priced At $401k!

With the spring home selling season just starting in Tucson for 2015 one of the best places to get the maximum value on a home is the home builders. In many areas of town a brand new well finished home will cost just slightly more than a home built 20 years ago. Not only will you get a home never lived in, but a brand new home of 2015 has features and energy efficiencies not even thought of a mere 10 years ago.

3% 30 Year Fixed Rates Now Being Offered By Some Tucson Home Builders!

January 23rd, 2015 by Michael Oliver

Lennar Homes Now Offering A 3% 30 Year Fixed Mortgage As An Incentive To Buy Their Homes. One Of The Best Incentives In Tucson Right Now In New Homes

In Tucson some new home builders are getting aggressive on incentives with one builder offering 30 year fixed mortgages at 3.00%! Lennar Homes one of the largest home builders in America is now offering a 3% mortgage as an incentive to buy their homes.

New Custom Homes For Sale Tucson: Catalina Foothills

September 22nd, 2014 by Michael Oliver

New Custom Homes In Tucson specifically the Catalina Foothills are starting to show up again as options for buyers starting around $500k for a semi-custom home and up to currently $1.695M for a full luxury custom home/ estate. Here are the options for buyers wanting a brand new home in the Foothills. (Click on the listing photo to obtain more info about each listing)

New Spec Homes Going In Oro Valley At La Reserve By DR Horton

September 9th, 2014 by Michael Oliver

New Oro Valley Luxury Homes Going In At La Reserve

In a market that pays for quality homes Dr Horton is now building a couple of spec homes in the luxury neighborhood of La Reserve’s Ponticello at Pusch Ridge. In a test run DR Horton has two spec homes finished and just listed on the market to test how high the market goes in Oro valley for under 3000sf luxury homes. These homes are part of a neighborhood that during the boom was being billed as a luxury development cut literally from the side of the mountain. When the market demand dropped off so did the builder but now DR Horton is looking to find some buyers for home very well finished luxury homes with amazing views just under Pusch Ridge in Oro Valley.

Brand New Luxury Home Available In Oro Valley Country Club Estates

September 1st, 2014 by Michael Oliver

New Luxury Supply In Developed Neighborhoods Is Rare But This Oro Valley Home Offers Exactly This In OVCC

New supply is hard to find in Oro Valley Country Club, but this estate is in the preliminary stages of being built allowing a luxury buyer to obtain a new home in the coveted OVCC. The Property is Located On the northeastern side of OVCC at; 131 E Loch Lomond Place Oro Valley, AZ 85737

History Of OVCC;

Oro Valley Country club was founded in 1959 and offers private gold, large homesites, and premium mountain views for luxury homeowners. To learn more about Oro Valley Country Club see our page on it.

Below Market NW Tucson Homes Found Right Here

August 29th, 2014 by Michael Oliver

This Gladden Farms Home Is One Of The best Values In The Market Today 1900sf+ For $154k See The Others Here!

If you are looking for a new home and want to see the best deals on the NW side of Tucson start here. These homes are all under $300k and are currently the best values in the market. In my mind all of them are being below market. (Click the link to see the home)

MLS# 21416856  This home is a town home in Las Primeras Lomas. It’s hard to find more value then this; 1579sf, 3/2 with a 2 car garage $119k (just reduced) with updates and move in ready.

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