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Tucson REblog

Tucson REblog
Tucson Real Estate blog discussing recent news, market data, and everything else relevant to the real estate market in Tucson, Arizona

Articles

The Rise of Tucson ?Power Centers? - Good or Bad?
2008-05-15 16:21:00
In today’s Arizona Daily Star, there is an article about the final gasp of the De Anza Drive-In to make way for another big-box “Power Center”. A short excerpt: A developer is finalizing a deal to buy the De Anza Drive-In, at 1401 S. Alvernon Way, and has already started marketing it as a retail complex. Evergreen ...
More About: Tucson , Good , Rise
Tucson Real Estate Market - April 2008 Analysis
2008-05-13 15:57:00
Good Morning everyone, the Tucson Association of Realtors, (TAR), has released the Tucson Housing Market sales statistics for April 2008. Here is a summary of the important points: Sales Analysis Average and Median Sales Price Increases Average and median sales price both decreased in April 2008. Average sales price decline to $253,729 - down 8.91% from ...
More About: Estate , Real Estate , Real Estate Market
Sabino Canyon - A Great Tucson Retreat
2008-05-13 04:33:00
Being in Tucson and missing out on Sabino Canyon is a tragedy. Sabino Canyon is a natural desert oasis located in the Coronado National forest and is home to numerous eco habitats, rare species of trees, animals and birds. It?s a perfect place for a family picnic or maybe you can quench your thirst ...
More About: Great , Retreat
New Construction in Gladden Farms - Lennar Slashes Home Prices!
2007-09-20 20:43:00
If you are looking to buy a new construction home, now is the time! Lenna r has just slashed home prices up to $50k in their Gladden Farms community. These homes will not last long, please contact me if you would like more information or are interested in purchasing a new home. Below are the three ...
More About: Home , Construction , Prices
Learn About ?Points? and Save Money on Your Mortgage
2007-08-31 18:29:00
Everyone is familiar with the term ?paying points?, but do we really know what this is and the different effects it can have on a mortgage loan? Traditionally, this means paying 1 percent of the dollar of the loan amount in order to get a lower rate. This is commonly referred to as ?buying down ...
More About: Money , Save Money , Mortgage , Learn , Save
FEMA Revising Flood-Plain Maps in Pima County
2007-08-30 16:47:00
The Arizona Daily Star published an article today detailing an effort started in 2005 by the Federal Emergency Management Agency (FEMA) that is just now coming to fruition. The bottom line is that many areas in the Southwest US (including Pima County ) that are currently designated as “safe” in terms of flood protection may be ...
More About: Plain , Maps , Flood
A Word on the Subprime Market From a Local Tucson Loan Consultant
2007-08-24 16:48:00
Sub Prime Market and Margin Calls   How did we get to where we are today? We all know about the collapse of the sub-prime market and the tidal wave effect it has had on the mortgage industry as a whole. Here is a brief synopsis. Over the last few years, Wall Street investors had fallen in love ...
More About: Consultant , Word , Loan , Local
First Magnus Financial Corp. Files for Bankruptcy - Will I Be Affected?
2007-08-21 21:57:00
A headline from the Arizona Daily Star’s “Breaking News” section - “First Magnus Fina ncial Corp. has filed for Chapter 11 bankruptcy, the company announced today.” The seemingly overnight meltdown of First Magnus last week was just the latest consequence of the loose lending practices by banks the past few years. Now, there are whispers of ...
More About: Bankruptcy , Files , Bankrupt
Tucson Real Estate Market - July 2007 Analysis
2007-08-13 17:15:00
The Tucson Association of Realtors, (TAR), has not officially released has released the Tucson housing sales report for July 2007 (should come out in a couple of days) and here are the numbers for last month: Sales Analysis Average and Median Sales Price Decreases Average and median sales price both decreased in July 2007. Average sales ...
More About: Estate , Real Estate , Real Estate Market , Market
Colossal Cave Mountain Park - An Enjoyable Tucson Tourist Attraction
2007-07-24 20:44:00
Colossal Cave Mountain Park is just the place to go if you want to enjoy some of Southern Arizona’s natural beauty or if you want to spend quality time with your family! Abundant in wildlife, Colossal Cave Mountain Park is a natural sanctuary ...
More About: Attraction , Tucson , Trac
Tucson Real Estate Market - June 2007 Analysis
2007-07-16 16:35:00
Good Morning everyone, the Tucson Association of Realtors, (TAR), has released the Tucson Housing Market sales statistics for last month, June 2007. Here is a summary of the important points: Sales Analysis Average and Median Sales Price Increases Average and median sales price both increased in June 2007. Average sales price jumped to $298,477 - up ...
More About: Estate , Real Estate , Real Estate Market
ARMageddon Looms? Will You Be Ready?
2007-07-09 21:22:00
This topic has been on my mind the past several months. When the housing market exploded a few years ago and homebuyers squeezed into homes with Adjustable Rate Mortgages (ARMs) with seductive initial interest rates, I said to myself, “In 2 or 3 years when those ARMs come due, there are going to be ...
More About: Armageddon , Ready , Arma
Tucson Pool Laws - What You Need To Know
2007-07-09 18:11:00
Since the start of 2007 there have been 2 deaths and 9 near deaths by drowning in Tucson . In just the past week there has been one death and 2 near drownings: 1-year old Daniela Parra drowned in an above ground pool in her backyard while friends and family were inside. A two-year ...
More About: Laws , Pool
Fox Tucson Theatre - A Neat Piece of Tucson History
2007-07-05 18:35:00
For a neat piece of Tucson history and a nostalgic fieldtrip of the mind, stop by the Fox Tucson Theatre in downtown Tucson. Located on Congress Street just west of Stone Avenue (17 West Congress), the Fox Tucson Theatre sports a glittering “FOX” marquee that takes us back to the 1930s when it was the ...
More About: History , Piece , Tory
Tips to Beat the Arizona Heat
2007-06-30 22:18:00
Now that summer is in full swing and ninety degree weather would be welcomed with open arms (compared to what we’ve been getting) I thought it would be a good idea to talk about some ways to deal with the heat. Most of this is probably common knowledge to those of us living here but ...
More About: Arizona , Tips , Heat , Beat , The A
Top 100 Reasons to Use a Real Estate Agent
2007-06-26 15:27:00
Lately it seems like news stories about For Sale By Owner (FSBO) homes vs. homes sold by real estate agents have been popping up more and more often. In many of the stories the conclusion is that FSBO homes are a better deal, financially, for the homeowner. Now I’m not saying a homeowner can’t or ...
More About: Agent , A Real Estate , Estate , Real Estate , Real Estate Agent
Linda Vista Cinemas - A New State-of-the-Art Theater in Marana
2007-06-24 16:39:00
Marana residents rejoice! For those of you tired of driving to the Foothills Mall to catch a flick good news is on the horizon. Linda Vista Cinemas, a 12-16 screen digital image projection theater (first in Southern Arizona) is slated to open this fall. It will have stadium seating and 40-foot wide screens, and will ...
More About: Theater , State , Stat
Tucson?s Armory Park del Sol - ?One of the Nation?s Top Ten Charming Commun
2007-06-21 20:56:00
One of Tucson ’s best kept secrets has been recognized by “Cottage Living” magazine as of the nation’s top ten charming communities. Located just steps away from downtown, Armory Park del Sol is a close-knit community of eco-friendly homes designed with beautiful architectural styles that reflect Tucson’s rich history. It is located at the northeast corner of ...
More About: Nation , Comm , Harm
Palisades at the Pines - A New Marana Golf Community
2007-06-20 15:54:00
Located next to The Pines Golf Course in Marana, Palisades at the Pines is the latest golf community offering from homebuilder Standard Pacific Homes. Five different floorplans ranging in size from 2,114 sqft to 3,012 sqft are being offered with three elevation choices for each. The master plan for this group of homes will ...
More About: Community , Unity , Comm , Lisa
Top 10 Reasons Why Your House Hasn?t Sold Yet
2007-06-18 19:36:00
10) Too cluttered - Nothing turns a buyer off more than walking into a potential new home and seeing it filled with stuff. If you really want to sell your home at least take the time and effort to put away, or better yet, dispose of some of your less useful belongings. That collection of ...
More About: House , Reasons , Sold , Ouse
Tucson I-10 Construction - 3 Years of Headaches
2007-06-15 05:11:00
I’ve already written an entry about the I-10 construction that is just now gaining momentum here in town and here is why I’m writing about it again: After speaking with several prospects/clients/friends I’ve come to the conclusion that most people either didn’t know about the construction, didn’t know the full extent of the expansion, or ...
More About: Construction , Tucson , Years , Const , Cons
Tucson Real Estate Market - May 2007 Analysis
2007-06-13 18:37:00
Alright everyone, the Tucson Association of Realtors, (TAR),has just released their figures for last month, May 2007. Here is an excerpt of the important news, I’ve gone ahead and highlighted/bolded the important points: Sales Analysis Average Sales Price Increases After falling from January to February 2007, average sales price has continued to climb, reaching $280,589 in May ...
More About: Estate , Real Estate , Real Estate Market , Market
Fair Isaac Corp. Releases New Standard to Stop Credit Boosting
2007-06-07 15:29:00
Well some good news in the financial sector; Fair Isaac Corporation, best known to most of us as the source of FICO credit scores, Tuesday announced it will be adjusting it’s credit scoring standards to take into account the common practice of credit ‘boosting‘. It will no longer take into account an authorized user ...
More About: Credit , Standard , Stop , Lease
Marana Spectrum - A Huge Retail ?Power Center? coming in 2010
2007-06-06 17:07:00
Adding to the explosive growth in Marana, AZ is the steady progress of a new 1.3 million square foot retail shopping center dubbed Marana Spectrum . It will be located at the southeast corner of Camino de Manana and Linda Vista Boulevard (east of I-10 between Cortaro and Avra Valley) and will cover nearly 170 ...
More About: Power , Retail , Center , Huge
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