March 9th, 2010 by Michael Oliver

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Eagle Crest Ranch developed by DR Horton for the past several years offers one of the best values for buyers looking to live on the far north side of the Tucson metro region. Eagle Crest Ranch is in Catalina Arizona, Catalina is a small but fast growing city within Pinal County. Catalina is growing with all of its recent new

Eagle Crest Ranch Offers A Great Value For Today's Home Buyers

home neighborhoods that have been developed recently (most notably Black Horse Ranch) Catalina offers buyers who may not want to be in Oro Valley affordable new home options.

Tucson new homes

March 8th, 2010 by Michael Oliver

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In a step to distance itself from competitors local Tucson home builder TJ Bednar has decided to install solar panels on all of its homes in two different neighborhoods. Homes in both of TJ Bednar’s new home neighborhoods of Vista Montana Estates and Lakeside Ridge will include solar systems that TJ Bednar says will provide all of the energy needed for the home and even be able to produce excess which would then be sold back to TEP.

new homes, Tucson new homes

February 26th, 2010 by Michael Oliver

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New home sales came in at a very low level last month (January) in fact the sale levels were the lowest ever recorded  in over 46 years! New home sales generally are

New Homes Fell Off A Cliff In January Nationally Tucson Is Doing Better Then Most However

weak in January but the stats showed a annual level/ rate (seasonally adjusted) of 309,000 new homes. That rate is almost impossible to believe even an anemic rate comes in at roughly at a 400k new home pace. I think this is a bottoming out of sorts for the new home industry in my experience the Tucson new home market while still in recovery is doing better then most markets.

New Home Statistics, new homes tucson, Tucson new homes

February 16th, 2010 by Michael Oliver

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I get a lot of buyers on the fence about what is the better buy a foreclosure home or a brand new one. Sometimes a

Should You Buy A New Home Or A Foreclosure For The Best Overall Deal?

client just wants to look at foreclosure homes motivated by the “deal”. Other times a client only wants to look at new homes where everything is under warranty and they will have no issues with anything. Either strategy could be a great idea but I would recommend as a buyer you look at both types of home listings sometimes the differences are much more minor then you would think.

Tucson Foreclosures, Tucson new homes

February 14th, 2010 by Michael Oliver

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Tucson builders are starting to open new home neighborhoods slowly but surely across Tucson. In the past 3 weeks I have received several emails from builders mentioning their new home developments about to be open for sales. Meritage Homes, Pepper-Viner, and Lennar are all opening brand new home communities in Tucson.

In most situations these new home developments offer high value and basic standards to achieve a low price. The low price for new homes is a must in todays current market due to the competition from Tucson foreclosure properties across the city.

new home builder news, new homes tucson, Tucson new homes

January 31st, 2010 by Michael Oliver

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One Of The Floorplans Meritage Is Now Building In Sky Ranch

Meritage Homes is now pre-selling their new homes at Sky Ranch just off Thornydale and south of Tangerine. These homes start in the high $180’s with a 1652sf home. From there the homes range in size all the way up to a 3118sf 2 story floor plan named the Cathedral Rock. Between these two smallest and largest homes in the neighborhood Meritage builds six other plans. Plans range in both 1 and 2 story options as well as 3 to 5 bedrooms with additional options for more beds and baths combos as well as 3 car garages and other upgrades.

Meritage Homes Tucson, NW Tucson Neighborhoods, Sky Ranch, Tucson new homes

November 25th, 2009 by Michael Oliver

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New home sales increased last month to a level not seen in over a year as demand in the southern portion of the US increased dramatically. The commerce department stated the new home sales rates increased 6.2% to a seasonally adjusted annual rate of 430,000 homes from an upwardly revised 405,000 pace in September. On a note for those that don’t follow these reports as close as I do a seasonally adjusted annual rate of anything less than 500,000 new homes per year is considered anemic. During the real estate boom new home sale levels reached at high as over 2,000,000 homes per year.  To be at a rate of 430,000 homes shows the high rate of overhang in the existing markets as foreclosures and distress sales pull buyers their direction and away from new homes due to the value most of these homes can be purchased for.

new homes, Tucson new homes

September 25th, 2009 by Michael Oliver

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Share on Facebook New home sales came in up 0.7% in August. While it was still a gain the gain was less than expected and to some is signaling that the real estate markets are starting to shudder again because the growth is slowing from the torrid growth the summer market experienced. The Commerce Department said Friday sales inched up to a seasonally adjusted annual rate of 429,000 from a downwardly revised 426,000 in July. Economists had predicted a pace of 440,000. August gains market the 5th straight month of new home sale gains; August numbers also mark the strongest report in 11 months. However the new home sales numbers in August were lower by 4.3% versus August of 2008.

homebuilder statistics, new home stats, Tucson new homes

August 26th, 2009 by Michael Oliver

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New A.F. Sterling Home in Paloma Ridge

Share on Facebook The US Real Estate depression seems to be in its last legs and headed for growth for the first time in three years. New home sales rose by 9.6% to a 433,000 annual pace described by the Commerce Department. The 433,000 annual pace is still a very slow pace compared to historical data which averages closer to 1,000,000 units per year in “normal” times. Other interesting facts from the Commerce Department’s report was that last month was the biggest percentage increase in new home sales since February of 2005 when the real estate markets across the country were nearing their peaks.

new home builder news, New Home Statistics, Tucson builder news, Tucson new homes