tucson land

August 2019 Land Report

The release of the Tucson Land Report provides an overview of the land lot market from the Tucson Metro area and from the MLSSAZ. For realtors, the statistics provide eye-opening comparisons of year-to-date and month-to-month data. The report helps realtors recognize the best times for buying and selling land.
 
For the August 2019 Land Report, the numbers from July are promising. If the market continues to follow the trends seen in the past months, the market will continue to favor buyers, creating a great land purchasing experience for them.
Read More

June 2019 Land Report

The release of the Tucson Land Report offers a glimpse into how the Lots & Land properties in the Tucson Metro area are doing based on the year-to-date statistics and month-to-month comparisons. 
 
Based on the localized market, the data provides real estate agents with up-to-date information on the best times for clients to buy or sell land in the area. It’s also important to note that fluctuations and changes within the market should be expected.
 
Read More

April 2019 Land Report

The Tucson Land Report releases statistics and data for the Tucson Metro area on the Lots & Lands properties in MLSSAZ every month. Based on this information, the real estate industry can determine the status of the real estate market for the area.
 
The numbers for the report are based on the localized market conditions and fluctuations are normal and expected. The information can still help real estate agents guide their clients for the best times to sell or buy land.
 
Read More

The "Hot" Areas for 2017 Land Sales: Part 1

I was honored to be invited to speak about custom lot trends at the recent "Housing and Land: Market Perspective" seminar presented by The Southern Arizona Chapter of the Appraisal Institute. In preparation for my presentation, I produced a vacant land 'Heat Map' showing the percentage of change in land sale prices in each of Tucson's zip codes, from 2016 to 2017. Some of the trends and conclusions are shown on the attached map.
 
Read More

Ready to Build your Custom Home? It's time for a Construction Loan

You’ve decided to build your dream home and now it’s time to pursue a construction loan.
 
Whether you own you lot or need to purchase a lot, Prime Lending can help. If you already own your lot, we can use lot equity and apply it to the down payment requirement on your construction loan. For example, if your lot value is $100,000 and you owe $40,000, you will have lot equity of $60,000 to apply to the down payment requirement. The down payment on a primary home is as little as 10% on the first home and 20% on a second one.
 
Read More

Determining A Building Site on Vacant Land

When I walk through a vacant parcel of land for the first time, like most people, I am impressed by the ease and ambiance of the entryway, the vegetation, the topography, the views and the physical attributes of the parcel and its surroundings. As my clients may continue to concentrate on these, I begin to shift myfocus to identifying the potential buildable areas and thus the actual building location(s) on the site. If the parcel is in a subdivision, the answer will come more quickly as we can look to the subdivision’s recorded, final plat for information.

Read More

The Allure of Land

I have been involved in land sales as a Real Estate Broker since 1983, when from an office in Chicago, I became a General Partner in a land syndicate that purchased 40 acres of desert land in a remote, undeveloped area of northwest Tucson. From that day to this, I recognized an uncanny desire on many investors’ parts to own land versus other forms of real estate. I call it the allure of land.

Read More
Subscribe to RSS - tucson land