December, 2016 RSS Icon
Found 3 entries for December, 2016.

In today's market, buyers want up-to-date homes for sale in all price points. If you are thinking of selling a property, having it re-painted, new appliances installed, some kitchen and bath updates done, and newer flooring put in will pay off. Most of the homes we are selling are of that type and this is consistent with the overall market. In years prior, buyers were willing to do more of their own updates, but today with prices increasing and mortgage rates still, low look for move-in ready homes to be the key to selling in 2017. 

On the buy side, there seems to be a bit of a discount for being willing to buy a home that needs work. If you have the time and money to make these improvements, I would say you can buy homes for 10% under their real

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Located in the heart of Northwest Tucson, Casas Adobes is a community in high demand due to the incredible recreation, amenities, highly rated schools and quick and easy access to Downtown Tucson, the Catalina Foothills and the Oro Valley.  Close to Catalina State Park and the foothills, Casas Adobes is an outdoor enthusiasts dream offering endless hiking, cycling, camping and recreation. With a dynamic history and a vibrancy that is unlike any other community in Tucson, Casas Adobes real estate continues to be a popular destination for even the most discerning of home buyer offering an incredible lifestyle with a  wide assortment of housing.

Where Is Casas Adobes Located?

Casas Adobes is not one single “neighborhood,” but a collection of many

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Inventory levels for homes in Tucson right now are at ultra-low levels of around 4100 total properties for sale. A balanced market between buyers and sellers is probably closer to 6500 homes available. Typically in markets (of all kind) as supply dwindles prices go up (incredibly fast actually is typical), I assume this will be the case for real estate in the Tucson region in 2017. The main headwind are two-fold; interest rates and supply levels 

Here is what I see for these headwinds going forward and how I think they will impact the market. 

Interest rates; are essentially skyrocketing currently at 4.5% or more for a 30-year mortgage. Just a few months ago the same home buyer was looking at 3.25% on a 30-year fixed. How long this mortgage rate

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