Recession Coming? Impact on Real Estate?

Recession Coming? Impact on Real Estate?

Over the past few months there have been articles in the news suggesting a pending recession. But how soon or realistic are these articles? According to the National Association for Business Economics, only 2% of survey respondents predicted a recession this year.  38% predicted one in 2020, 25% in 2021 and 14% in 2022 or […]

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Home Buyers: Contracts, Counters and Response Times

Home Buyers: Contracts, Counters and Response Times

In today’s real estate market there are more Buyers than there are homes for sale. As multiple Buyers often compete for properties, close attention must be paid to deadlines and contract acceptance. Here are a few points that cover some issues that were discussed in a recent meeting: Response Time Deadlines: A section of the […]

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Buying a Home Can Make You Happier

Buying a Home Can Make You Happier

Most Americans have no regrets about buying a home. In fact, it’s made them happier, a new survey shows. Ninety-three percent of Americans say they are happier after buying a home, and 83% would never go back to renting, according to Bank of America’s latest Homebuyer Insights Report, based on a survey of nearly 2,000 […]

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Major New Southeast Development Planned

Major New Southeast Development Planned

A new Master Planned Community has been approved for Southeast Tucson. The name will be “Escalera” and it is located on the Southwest corner of Valencia & Houghton Roads, just North of Rita Ranch. Escalera will have single family residential homes as well as high density residential areas that will likely include Apartments and perhaps […]

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Buyers: Have You Missed Out on a Home? Here’s Why:

Buyers: Have You Missed Out on a Home? Here’s Why:

Homes are selling very quickly in Tucson and the surrounding communities. In SE Tucson, for example, homes selling for $200,000 or less have an average of only 19 days on the market. But 34% of those homes are sold in 5 days or less – which means they likely received an offer as soon as […]

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Update on Houghton Road Corridor Construction

Update on Houghton Road Corridor Construction

Houghton Road Corridor Construction Update – June 28, 2019 Houghton Road: Valencia Road to Mary Ann Cleveland Way Utility relocation work is being conducted along South Houghton Road between Valencia Road and Mary Ann Cleveland Way in advance of the City of Tucson roadway improvement project in that segment. Crews for both Century Link and […]

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Rancho Del Lago: A Master Planned Community

Rancho Del Lago: A Master Planned Community

Rancho Del Lago is a “Master Planned Community” located in Vail, AZ.  A Master Planned Community (MPC) is one in which there are multiple subdivisions created by several Builders.    Rancho Del Lago is the only MPC in Vail; however, Rita Ranch, which is in the Vail School District, is also a Master Planned Community. Other […]

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How to Sell Your Home FAST!

How to Sell Your Home FAST!

How to sell your home quickly is a very common question with a very simple answer. Give Buyers what they want! 90% of home buyers want to purchase a home that is “move-in ready”. They don’t want to have to make any repairs, change carpet, paint or landscape the home.  Here is what goes through […]

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Merging From Two Lanes to One

Merging From Two Lanes to One

Have you struggled with the dilemma of when to merge from two lanes of traffic into one? There’s been a lot of road rage over this situation and I’ve always wondered what the rule is. Now we have it from none other than that fountain of knowledge, Marilyn vos Savant.  Taking turns merging into the […]

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Vail Home, Sales Price Trends

Vail Home, Sales Price Trends

I researched home sales in Vail over the last 180 days and compared prices for the first 3 months to the last 3 months. For Single Story homes, prices have increased about 1.3% in the March 11th to June 10th time period as compared to December 11th to March 10th. This is consistent with most […]

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Del Webb Home Sales 2018 vs 2019

Del Webb Home Sales 2018 vs 2019

Del Webb At Rancho De Lago is the only Active Adult Community located in Vail. As with all Adult communities, sales pick up during the Winter months and drop during the hot Summers. Home prices in the Tucson area are up about 4% higher than a year ago but how have Del Webb prices compared? […]

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Listing Strategy: Price Home Close to Actual Market Value

Listing Strategy: Price Home Close to Actual Market Value

Home buyers who want to test the market by listing their home for a higher price may want to rethink that strategy. Homes get 3.4 times more online views the day they are listed than they do the day the seller drops the price, a new analysis from the real estate brokerage Redfin finds. “It’s […]

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US Home Prices Rise at Slowest Pace in 6½ Years

I found this article which is about all US homes but what about Tucson? My analysis follows the article. WASHINGTON – U.S. home prices rose at the slowest pace in more than six years in March, a sign weaker sales are keeping a lid on price increases. The S&P CoreLogic Case-Shiller 20-city home price index climbed […]

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Rancho Del Lago – The Bluffs

Rancho Del Lago – The Bluffs

The Bluffs of Rancho Del Lago In 2007, AF Sterling opened a sales office in a new community, The Bluffs, and building commenced in 2008. The Bluffs is located directly across Rancho Del Lago Boulevard from Highland Ranch, another AF Sterling Community. AF Sterling planned to build the entire community but the real estate market […]

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See Tucson’s Sights with a Free Culture Pass

See Tucson’s Sights with a Free Culture Pass

 If you want to see some of our popular museums, parks or gardens, one cool way to do it is to check out a Culture Pass . These are tickets for 2 which are on a first-come, first-serve basis at many of Tucson’s libraries. They are good for up to 1 week after checkout.You’ll get […]

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Do I Sell First or Buy First?

Do I Sell First or Buy First?

Co-ordinating the sale of your current home with the purchase of a new one can be tricky. The ideal situation is to purchase a new home and then place yours on the market and begin moving into your new digs. Many homeowners need the cash from their current house to purchase a new place creating […]

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New development on Tucson’s Eastside

New development on Tucson’s Eastside

New construction is booming in SE Tucson. Mattamy Homes is opening Saguaro Trails at Houghton and Drexel. Models will be available for viewing February 7, and reps will begin selling lots and taking orders for new homes. With 600 homes planned, this will be a massive subdivision. Expect more traffic on the already overburdened Houghton […]

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Del Webb At Rancho Del Lago: Where are the Home Sales?

Del Webb At Rancho Del Lago: Where are the Home Sales?

Del Webb At Rancho Del Lago: Where are the Home Sales? Del Webb At Rancho Del Lago is a very popular Active Adult community located in Vail. But sales have slipped dramatically over the past three months. At the beginning of July, there were 19 homes listed for sale. Eight new homes came on the […]

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Pricing Your Home- Price Per Square Foot

Pricing Your Home- Price Per Square Foot

You want to get the optimum value for your home, but prices are all over the place in your community. What to do? One way to set price is using price per square foot. There are real estate principles at work here: Principle of Conformity: The principle of conformity states that maximum value is realized […]

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Pricing Your Home- Single vs Two Stories

Pricing Your Home- Single vs Two Stories

The other day I saw a question posted on a popular housing site as to why single story homes are more costly than two story homes of the same square footage.  I was surprised at the range of answers offered by Real Estate Professsionals, many of them wrong. Here’s the simple answer. When building a […]

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Tucson According to the New York Times

Tucson According to the New York Times

“Tucson is a City that encourages you to Explore. The food is delicious. The access to beauty is even better. ” are the opening lines of a column in the New York Times entitled, “Frugal Traveler”. This is a great article and here is a link to it: Tucson According to the NY Times Rob […]

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Rancho Rustico Restaurant opens at Houghton Town Center

Rancho Rustico Restaurant opens at Houghton Town Center

Rob & I have been eating at Rancho Rustico since it opened and love the Mexican Cuisine. Now it has a new location and look. Outdoor seating, happy hours, breakfast on weekends. Just a couple minutes North off the Houghton Exit of I-10 at the new Houghton Town Center. Try it !  You’ll love it!! […]

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Death in a Home- Insurance Claims History

Death in a Home- Insurance Claims History

This question was posed to the AARONLINE HOTLINE and it demonstrates how convoluted real estate transactions can get: FACTS: The previous owner of the property passed away in the master bedroom.  The son inherited the home shortly thereafter. Apparently, the deceased was not discovered until eight days after he passed away.  Consequently, the son filed […]

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Rancho Del Lago Builds Luxury Homes and on Large Lots

Rancho Del Lago Builds Luxury Homes and on Large Lots

As reviewed in our last post, the initial development of Rancho Del Lago started in 2001, near the existing Clubhouse and east of the Pantano Wash. In late 2002, homes were started in Wingview, a Luxury, Gated community and in 2003, the Rancho Del Rincon subdivision opened with acre lots and Luxury homes. Wingview Wingview […]

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Tiny Houses May Soon Be Coming to Vail

Tiny Houses May Soon Be Coming to Vail

Tiny houses are homes less than 400sf which may or may not be movable. Due mainly to zoning regulations, you had to jump through a lot of hoops to own one. Now Pima County has released new permitting regulations for these homes. Tiny homes with a permanent foundation will be permitted in any area where […]

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Rancho Del Lago: In the Beginning

Rancho Del Lago: In the Beginning

The first Builder to strike ground in Rancho Del Lago was KB Homes, followed soon after by Richmond American. Here is an overview of these two “first” communities in Rancho Del Lago: Arizona Springs I In 2001, KB Homes built the first home in Rancho Del Lago. It was located in Arizona Springs I, which […]

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Rancho Del Lago: A Master Planned Community

Rancho Del Lago: A Master Planned Community

Rancho Del Lago is a “Master Planned Community” located in Vail, AZ.  A Master Planned Community (MPC) is one in which there are multiple subdivisions created by several Builders.    Rancho Del Lago is the only MPC in Vail; however, Rita Ranch, which is in the Vail School District, is also a Master Planned Community. Other […]

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Arizona Purchase Contract in a Nutshell-Part I

Arizona Purchase Contract in a Nutshell-Part I

Many people buying or selling a home for the first time find the Arizona Purchase Contract to be bewildering and complex. My video is designed to help you better understand it by breaking it down into sections. Today’s video discusses Sections 1-5.  Contact Rob or I if you have questions about the material covered or […]

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Make Your Refrigerator Smart

Make Your Refrigerator Smart

Today’s refrigerators can be programmed to do all sorts of things, but these “smart refrigerators” can cost a lot of money.  If you don’t want to spend the big bucks, here are a couple ways to make your current one smarter. Some new models have a WI-FI enable touch screen which turns into a tablet. […]

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Showing a Home with Pets

Showing a Home with Pets

Sixty-eight percent of U.S. households, or about 85 million families, own a pet, according to the 2017-2018 National Pet Owners Survey. This means that lots of homes for sale will have some sort of pet in residence. Most homeowners are concerned about what to do with their pet, especially dogs or cats, when their home […]

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Buying a Home Video

https://photos.smugmug.com/Virtual-Tours/170820-Catherine-Buying-a-home/i-ZvXCcBq/0/04f3f325/1280/170820%20Buying%20a%20Home-1280.mp4

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What do Sellers have to Disclose about Crime or Death ?

What do Sellers have to Disclose about Crime or Death ?

My mother passed away in her home. Do I have to disclose this to potential buyers when I sell her home? According to the Arizona Stigmatized Property Law, you do not. In fact, neither a Seller, Landlord nor Real Estate Agent is required to disclose that a natural death, homicide or suicide or crime classified […]

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Annual Sewer Bill Recalculation

Annual Sewer Bill Recalculation

Did you know that every July your sewer bill is recalculated? Your annual bill is based off the water usage during the WQA (Winter Quarter Average) which is the months of December, January and February of the previous fiscal year. These months should the lowest usage for the year. If your average usage during those […]

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How to Sell Your Home FAST!

How to Sell Your Home FAST!

How to sell your home quickly is a very common question with a very simple answer. Give Buyers what they want! 90% of home buyers want to purchase a home that is “move-in ready”. They don’t want to have to make any repairs, change carpet, paint or landscape the home.  Here is what goes through […]

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Tucson MLS: Major Changes

Tucson MLS: Major Changes

The Tucson MLS recently merged with the Green Valley and Santa Cruz MLS’s and became the MLS of Southern Arizona. As the MLS data fields did not match exactly, and Green Valley and Santa Cruz had a number of fields not used in Tucson, the combined database contains many more search options. But this is […]

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Competition: Buying a Home in Today’s Market

Competition: Buying a Home in Today’s Market

If you have started your search for homes, you may be wondering where all of the homes are. The number of homes on the market is low which means there are often few to choose from. And if you have already tried to purchase a home, you may have found that the Seller received multiple […]

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