Archive for Vallee Gold Team
Snapshot of Tucson Housing Market for April 2012
Here’s a quick snapshot of the housing activity for last month. The supply of homes for sale is shrinking and there is not enough inventory to keep up with the Buyer’s demands…. this is known as a Seller’s market which we have not seen since before the housing bust. Home prices rise in a Seller’s [...]
The Housing Market in Tucson Has Turned!
The market in Tucson has turned! We have been waiting over 6 years to say this, but the data and trends point to a recent shift in the market. Inventory is down, sales are up – resulting in only 4.1 months of inventory. Even pricing is showing some early positive signs, with median price increasing [...]
Bank Of America Shortens Decision Times on Short Sale Offers
Beginning Saturday, April 14 Bank of America will be ready to approve short sales in 20 days. Bank of America announced it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days or longer. The move could spare delinquent homeowners from months of [...]
Tucson Contemporary Home For Sale “On Golf Course”
www.680BrightCayon.com MLS #21207371 680 W. Bright Canyon Oro Valley AZ 85755 For the buyer seeking privacy and golf course views with the Tortolita Mountain backdrop, Rancho Vistoso Community-Oro Valley, Arizona. Custom upgraded 4,214sq.ft., 4 BDRM, 3.5 bath home in gated Rancho Vistoso community, 8th Green, situated on15th fairway of Vistoso golf course. Enchanting & appealing [...]
Local RE/MAX Agents Don & Kathy Vallee Attend International Conference
Local RE/MAX Agents Attend International Convention Training Sessions, Networking Benefits Tucson Area Families Tucson, Arizona March 2012 Don & Kathy Vallee, agents of RE/MAX Excalibur Realty, attended the RE/MAX R4 Convention in Las Vegas last month, learning the latest real estate techniques and networking with other RE/MAX agents from around the world. The intensive training [...]
HAFA Program March Updates “Tucson Short Sale Help”
The Obama Administration just announced some major updates to the Home Affordable Foreclosure Alternative Program, also know as H.A.F.A. The HAFA program is a government-sponsored initiative assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure through short sales and died-in-lieus. The HAFA updates will allow more distressed homeowners to seek assistance with [...]
Tucson AZ Real Estate Market Update 2012
Tucson Housing Market Update 2012 Tucson AZ Real Estate Housing Market Update – February 2012 Tucson, Arizona housing market update for February 2012 statistics show the active inventory of 5,437 has decreased 22% from February 2011. The number of homes that closed in February 2012 was 1,019 which is an 18% increased over the same [...]
Tucson AZ News on Mortgage Revenue Bond or MRB
The Pima County Bond Program (also called the Mortgage Revenue Bond or MRB) has been around for years now. Funds are depleted from time to time but there are currently $25 million dollars available. This is a subsidised interest rate program for first time buyers and veterans. The interest rate offered is adjusted periodically to keep [...]
RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”
Alex Charfen founder of Institute Of Certified Distressed Property Institute, CDPE, commented that Arizona has less than a month and half months inventory. There are investment opportunities everywhere with 12 percent cap rate. In Arizona, major lenders consider number of short sales are going through the roof and foreclosures have plummeted. Two lenders confirm the [...]
RE/MAX SOLD MORE REAL ESTATE IN THE WORLD
RE/MAX SOLD MORE REAL ESTATE IN THE WORLD Dave Liniger founder of RE/MAX voted “Most Influential Leader” by Inman News at the New York “Real Estate Connect conference in 2012. RE/MAX Associates sold has SOLD more Real Estate than anyone in the World. According Dave Liniger “We have out produced our competition’. We are number [...]
