Tucson, AZ Real Estate News

By Marsee Wilhems
(RE/MAX Majestic)
4bed/3.5bath,lots of tile. Vaulted ceilings with a great floor plan. 3 zones of speakers including flush mount surround in family room. Upgraded kitchen with stainless steel appliances. Very nice backyard equipped with a beautiful gated pool, covered patio & sep. gazebo. Sunset & Mountain views, extremely peaceful. Water softener also conveys. This home shows like a model. Too many upgrades to name. A MUST SEE!For more details and CURRENT pricing call 520-885-9000  
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By Marsee Wilhems
(RE/MAX Majestic)
Here is the 24 hour report for 6-26-2007 activity in the Tucson Real Estate market according to the Tucson MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Tucson area for local real estate reports and statistics.For more free reports and Tucson Real Estate visit http://www.wiselisting.com/ 24-Hour Market WatchNew Listings157  Back on Market11  Price Increases9  Price Reductions120  Contingents45  Pendings74  Solds83  Expireds15  Inactives67  
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By Marsee Wilhems
(RE/MAX Majestic)
This gorgeous home sits on an unbelievable piece of property in a most desirable area. Beautiful landscaping on an oasis with 40ft pine trees and lots of agave. This huge home has new tile and carpet throughout. As well as great sky light. Walk out back to an awesome heated pool with gazebo and automatic cover. Home is well maintained and also has a two sided fireplace. A must see! For more details and CURRENT pricing call 520-885-9000 
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By Marsee Wilhems
(RE/MAX Majestic)
Here is the 24 hour report for 6-25-2007 activity in the Tucson Real Estate market according to the Tucson MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Tucson area for local real estate reports and statistics.For more free reports and Tucson Real Estate visit http://www.wiselisting.com/ 24-Hour Market WatchNew Listings106  Back on Market16  Price Increases5  Price Reductions107  Contingents32  Pendings48  Solds58  Expireds9  Inactives32  
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Predicting the housing market is a combination of subjective and objective evaluations.  It's like looking into a crystal ball. Subjectivity From Wikipedia, the free encyclopedia Jump to: navigation, search In reason, subjectivity refers to the property of perceptions, arguments, and language as being based in a subject's point of view, and hence influenced in accordance with a particular bias. Its opposite property is objectivity, which refers to such as based in a separate, distant, and unbiased point of view, such that concepts discussed are treated as objects. Dusting off one of my graduate books I found some interesting formulas. One was the least-squares regression model for pricing homes. A strictly objective means of evaluation.  P=f(SQFT, BED, BATH, POOL)* *Business Fluctuation...
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Due Diligence and InspectionsDue diligence is addressing issues like insurance, surveys, legal access, easements, prior use of the property, zoning restrictions, CC&R's (Covenants, Conditions, & Restrictions), etc.Inspections are primarily concerned with physical condition, operating condition, infestation, safety, etc. Seller Property Disclosure Statement (SPDS)In Arizona, ask for an SPDS. This is where the seller is required to inform you of any physical problems, repairs or concerns with the property; what services you can expect to receive; etc. Failure to disclose is the number one cause of litigation. Comparing the SPDS with the inspections is advisable. Comprehensive Loss Underwriting Exchange (CLUE)Ask for a CLUE report. In Arizona the seller must provide a history of the past 5...
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Tucson Real Estate Holding Its OwnWith our nation looking at a housing market slump, Tucson is feeling the pinch, but not as bad as most areas. What has helped the Tucson market is the 2,000 or so people moving here every month. Which helps rentals as well as home sales.  In the Arizona Daily Star today analysts predicted a recession on the horizon. Tucson has always remained strong during economic down turns. There is a good reason why so many people move here. Though the market hasn't bottomed out yet, it is close. By the time anyone notices it, we will be on the up swing. That's when buyers will discover that they lost a golden opportunity. Read the rest of this entry »
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By Marsee Wilhems
(RE/MAX Majestic)
An absolutley beautiful home in a quiet subdivision on a culdasac. 18inch tile thru-out & new carpet in bedrooms. Covered patio outback with a blockwall. Sunset & mountain views are very nice. Playset conveys. Sideyard has a solar heated pool with new equipment. Vaulted ceilings thru-out a truly well maintained home. A must see. For more details and CURRENT pricing call 520-885-9000  
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By Marsee Wilhems
(RE/MAX Majestic)
Here is the 24 hour report for 6-21-2007 activity in the Tucson Real Estate market according to the Tucson MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Tucson area for local real estate reports and statistics.For more free reports and Tucson Real Estate visit http://www.wiselisting.com/24-Hour Market WatchNew Listings172  Back on Market15  Price Increases12  Price Reductions113  Contingents56  Pendings41  Solds60  Expireds18  Inactives108  
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Making an Offer and Writing A Purchase ContractYou are pre-approved by your lender, are comfortable with your REALTOR®, know how you want to take title and found the right home. Now you are ready to make the offer. Let's consider a few things in writing an offer.Price What have like or similar homes in that area sold for? If in a neighborhood or community with homes built by the same builder with the same square footage it will be easier to find comparative sales. If the home is unique with little or nothing to compare to, it will be harder to determine the right price.In Arizona the Residential Purchase Contract clearly states that the home must appraise for the sales price acceptable to the lender. If you are paying cash, insist that a clause referencing appraisal for the sale price b...
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By Marsee Wilhems
(RE/MAX Majestic)
This home is located in a very desirable gated community. The premium lot has a covered patio and two private balconies. All of which look over the golf course and display a breathtaking Pusch Ridge view. Home also equipped with pool for relaxing. Upgraded cherry cabinets throughout. Move in ready, a must see! For more details and CURRENT pricing call 520-885-9000
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By Marsee Wilhems
(RE/MAX Majestic)
Here is the 24 hour report for 6-20-2007 activity in the Tucson Real Estate market according to the Tucson MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Tucson area for local real estate reports and statistics.For more free reports and Tucson Real Estate visit http://www.wiselisting.com/ 24-Hour Market WatchNew Listings164  Back on Market11  Price Increases13  Price Reductions92  Contingents43  Pendings45  Solds75  Expireds24  Inactives60  
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
The Make-A-Wish Foundation was the real winner benefiting from the inaugural ADOT SECC Golf Tournament at Grand Valley Golf Course. In a few short months employees from the Arizona Department of Transportation in concert with SECC (State Employee Charitable Campaign) put together a fun and memorable golf tournament.  There was a foursome for every hole to get off to a great shotgun start. Unlike many tournaments I have played in, teams played record breaking time. Rarely was there a wait for the next team to finish a hole. Read the rest of this entry »
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By Marsee Wilhems
(RE/MAX Majestic)
This home resides in a very desirable area close to shopping & schools. The home is move in ready complete with all appliances staying. Kitchen has lots of upgraded cabinets with custom lighting. Separate family/living room,ceiling fans and vaulted ceilings throughout. 2 HVAC systems, huge covered patio in backyard. 2x6 construction & upgraded insulation package. Well kept is an understatement. Dare to Compare.. For more details and CURRENT pricing call 520-885-9000 
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By Marsee Wilhems
(RE/MAX Majestic)
Here is the 24 hour report for 6-19-2007 activity in the Tucson Real Estate market according to the Tucson MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Tucson area for local real estate reports and statistics.For more free reports and Tucson Real Estate visit http://www.wiselisting.com/ 24-Hour Market WatchNew Listings182  Back on Market13  Price Increases11  Price Reductions112  Contingents55  Pendings43  Solds82  Expireds46  Inactives60  
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Searching for a home entails more that just jumping on the Internet and picking a house. Before starting to search I recommend answering some serious questions. This will help shorten the search and find the right home to meet your needs.  Geographical Location - Not every area is going to fit your lifestyle. Finding the geographical area or community that best matches your needs will make living more enjoyable. Some buyers start looking at homes right away without consideration to their lifestyle. Only to find six months later that they would have been happy in a different location. What is your lifestyle? Do you like hiking? Do you like mountain biking? Are you a golfer? Do you want a rural setting? Do you need to be close to shopping? Do you like going to the movies weekly? Do you li...
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Home Buying 103 - Title Company The third pillar in home buying is the Title Company. There are numerous good title companies in Tucson. Their role is to compile everything the seller, buyer, and lender instruct into a meaningful result. Title Companies also check county records to find recorded liens and other recorded documents that will impact on the sale and purchase of a property. There are different ways to take title to a property.Tenancy In Severalty (Sole and Separate Ownership) - Primarily for single person ownership. Joint Tenancy (Joint Tenancy with right of survivorship) - For couples or co-ownership. One of the most common methods of ownership. Community Property - Works for married couples, but, does not guarantee right of survivorship. Community Property with right of su...
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By Robin Willis, CDPE, SRES, Associate Broker
(eXp Realty)
For those of you planning to use I-10 this coming weekend, you should know that a portion of I-10 (Westbound) will be CLOSED.  This closure affects the area from the 22nd St exit to the Prince Rd exit.  All traffic will be rerouted to frontage road, so expect delays if you are planning to travel in this area.  The highway is scheduled to close at 10 PM on Friday (the 15th) and will re-open Sunday (the 17th) at Noon.  If you would like more information on this or other planned closures and construction on Arizona roadways, please see the Arizona Department of Transportation website.This information provided to you courtesy of Robin Willis with Coldwell Banker Residential Brokerage.  If you or someone you know is Buying or Selling a home in Tucson, please let me know and I will be happy t...
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
From the Arizona Department of TransportationI-10 Ramp Closure Schedule Stage I - June 15-17,2007 Stage II - June 22-24, 2007 Stage III - June 29-July 1, 2007 Final Stage - July 2007 through Spring 2010
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By Douglas Trudeau, MBA, Assoc. Broker, Selling Tucson Real Estate
(Tierra Antigua Realty)
Congratulations you made it through Home Buying 101 - Choosing A Lender. Now that you have a loan you are ready for 102 - Choosing A REALTOR®. When buying real estate in Tucson, a good lender and a good REALTOR® are important.Choosing A REALTOR®. Finding the right REALTOR® can make all the difference in having a pleasurable experience in finding a home or a miserable time. Not all REALTORS® are created equal. Like any business there are good REALTORS® and not so good REALTORS®. Some REALTORS®...... work long hard hours. ... sit around waiting for clients to call. ... work hard to get better. ... think they know all they need to know. ... are good listeners. ... think you should listen to them. ... are flexible in changing winds of times and bend like the willow. ... are inflexible to ch...
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