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  • MLS #21429799
    4887 N. Placita Osito Negro
    Tucson, AZ 85749

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Latest News and Trends

Millennials jumping into the mortgage market

January 29, 2015 5:45 pm
WASHINGTON Call them the prodigal millennials: Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home buying market, pushed by mortgage rates in the mid-3-percent range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity.

Tucson home prices flatten in 2014

January 24, 2015 4:00 pm
The Tucson Association of Realtors reports that home prices flattened in 2014. | A.E. Araiza / Arizona Daily Star
Tucson-area home prices continued to flatten in 2014, with median prices rising less than 5 percent from the prior year, according to the Tucson Association of Realtors Multiple Listing Service. The average sale price for listed homes in December was $205,015, up nine-tenths of a percent from November and 1.3 percent higher than in December 2013, the Realtors said.

Arizona high court ruling limits debt protection law

January 23, 2015 7:00 pm
PHOENIX — A special Arizona law designed to protect homeowners from lenders does not apply if the house was never built, the state Supreme Court ruled Friday. In a victory for banks and other lenders, the justices said they can go after some borrowers who default on their loans if the value of the property is less than the amount owed.

Consumer agency gets an incomplete grade

January 22, 2015 7:00 pm
WASHINGTON — When the federal government’s consumer protection agency for financial matters tells you how to shop for a good deal on a home mortgage, you should follow the advice, right? Maybe some of it. The Consumer Financial Protection Bureau, which was created in the backwash of the worst national mortgage disaster since the Great Depression, went online with a new interactive mortgage tool last week.

Supervisors pull contested Star Valley development from agenda

January 20, 2015 10:47 am
The Pima County Board of Supervisors on Tuesday decided to pull a controversial development item from the agenda until a related legal challenge has resolved. The county had sough to strip the development rights from Joseph Cesare‘s southwest-side residential subdivision known as Star Valley because of an ongoing dispute over obligations to pay for additional roadways.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Tucson Association of REALTORS® Multiple Listing Service (TAR MLS), the Green Valley/Sahuarita Arizona Multiple Listing Service (GVAR MLS), and the Southeast Arizona Multiple Listing Service, Inc. (SAAR MLS). Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX/RETS data is deemed reliable but is not guaranteed accurate by the MLS.

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© 2015 Green Valley/Sahuarita Arizona Multiple Listing Service. All rights reserved.

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