Tucson’s Housing Market still offers favorable conditions for Investors.

Realtor.com’s latest top 10 investment markets report shows metros just off the beaten path leading the way.

Built from Realtor.com data updated through February 2012, the report put Tucson, Ariz.; Austin, Texas; and Kansas City, Mo., as the top current real estate markets to invest in. The top 10 list was built by analyzing the housing inventories, price trends and unemployment rates from the Bureau of Labor Statistics for 146 markets Realtor.com tracks.

Thanks to the jobs boom surrounding the University of Arizona and the Davis-Monthan Air Force Base, and an 8.19 percent drop in real estate owned (REO) properties along with a 3.03 percent median house list-price increase from a year ago February, Tucson, Ariz., tops the list. A median price of $170,000 anchors the market.

Austin, Texas, the “live music capital of the world,” with a median list price of $229,500, representing a 12 percent year-over-year increase, and low relative unemployment (6.3 percent as of December 2011), is a close No. 2 on Realtor.com’s top 10 markets to invest in. It’s usually a good idea to bet on breakfast tacos, live music and that laid-back Southwest charm that fuels the hip, beautiful capital of Texas.

Kansas City, Mo., too, features relatively low unemployment at 7.3 percent and a strong year-over-year median list price increase (4 percent) to bring the largest city in Missouri, and its renowned barbecue, into the top three housing markets to invest in, according to Realtor.com. Its cross-state cousin, St. Louis, caps the list at No. 10, with its strong job market, 7.5 percent year-over-year median list-price increase and 11.29 percent uptick in rate of speed a house sells compared to a year ago.

Rounding out the top 10, in order, are: Baltimore, Md.; Fort Worth, Texas; Salt Lake City, Utah; San Jose, Calif.; Raleigh, N.C.; Milwaukee; and St. Louis.

Statistics for Tucson, AZ
Median list Price =  $175,000
Year-over-Year Price Increase = 3.03%
% faster time it takes to sell a home vs. last year = 12%

RE/MAX CEO Margret Kelly says, “National housing market is on the Rise.”
Tucson is experiencing a sort of “boom”…anything under $250k has multiple offers. Just yesterday Realtor.com reported Tucson as one of the best places to buy real estate.

Vallee Gold Team “Just Listed” Home In Oro Valley, AZ

MLS#: 21130030

2371 E Skipping Rock Way Tucson, AZ 85737

Desirable Community of Rams Canyon in La Reserve at the base of Pusch Ridge

Vallee Gold Team Just Listed 2371 Skipping Rock

Located in the heart of Oro Valley, Arizona sits a beautiful 4 bedroom, 2 bath, 1,873 square foot home with custom tile, wood floors and plantation shutters! You will enjoy this single level open floorplan with a spacious kitchen, professionally painted with granite, island, stainless steel undermount sink and oak cabinets with pullouts. Best of all, the Family room features a cozy fireplace and double slider to patio. Exquisite Master suite boasts fireplace with remote, french door to patio and master bath with garden tub, double vanity and large shower. The professionally landscaped backyard has covered patio, sparkling pool and gorgeous mountain views. Bonus – enclosed dog run on the north side of the home with dog door, and two car garage.  Built in 1998.

This home offers the following appliance package: Alarm; Dishwasher; Disposal; Garage Door Opener

School District is Amphitheater: Elementary:Copper Creek, Middle: Cross, and High School: Canyon Del Oro

Directions: N-Oracle, E-Rams Field, N-Skipping Rock (First house on left)

RE/MAX Excalibur

Don Vallee, ABR, CRS, SFR

Kathy Vallee, CDPE, CRS, CLHMS

11115 N. La Canada #155

Oro Valley, AZ 85737

don@donvallee.com

http://www.ValleeGoldTeam.com

520-544-5555

]]> http://tucsonazrealestate.com/2011/11/23/vallee-gold-team-listing-2371-e-skipping-rock-way-tucson-az-85737/feed/ 0 http://tucsonazrealestate.com/2011/11/06/don-vallee-certified-investor-agent-specialist-cias/ http://tucsonazrealestate.com/2011/11/06/don-vallee-certified-investor-agent-specialist-cias/#comments Mon, 07 Nov 2011 00:44:26 +0000 Vallee Gold Team http://tucsonazrealestate.com/?p=3053

FOR RELEASE: IMMEDIATE

For more information, please contact:

Don Vallee

520.544.5555

don@donvallee.com

www.ValleeGoldTeam.com

Local Agent Receives Training to Effectively Counsel Real Estate Investors, Provide Wealth-Building Strategies

Tucson, AZ – January 2010– Don Vallee of RE/MAX Excalibur Realty in Tucson has earned the prestigious Certified Investor Agent Specialist™ (CIAS) Designation, having completed extensive training to understand the different real estate investor types, and the investment opportunities, financing options and calculations needed to provide solutions for each. The five real estate investor types include: First-Time Investors, Move-Up Investors, Portfolio Investors, Performance Investors, and Rehab and Resell Investors.

“For decades, investing in real estate has proven to be a consistent and stable way for individuals to build wealth,” Vallee said. “Real estate investment supports a number of industries, including construction, retail and professional services, and is a strong way to energize and increase investment in our local economy.”

Over the past 12 months, investment and second-home properties comprised more than $300 billion in sales, representing approximately 27 percent of all residential real estate transactions. In addition, in market conditions affected by mortgage industry challenges, 48 percent of investors made all-cash purchases.

“As markets face the challenges of distressed properties and a difficult economy, real estate investors have the opportunity to find productive deals while helping communities stabilize,” Vallee said. “Investors provide much needed liquidity to the market, decrease vacancy rates, improve neighborhoods, and present solutions for homeowners who need to sell.”

With the CIAS Designation training, Vallee will help Tucson-area residents build wealth through real estate investment, and homeowners facing foreclosure find potential buyers for their properties.

Today, millions of homeowners are either delinquent on their mortgages or in the foreclosure process. One potential solution for homeowners in this situation is a short sale, in which the lien holder accepts a sale price of the home that is less than the mortgage amount owed. Increasingly, real estate investors are facilitating this solution.

“When it comes to properties that actually end up in foreclosure,” Vallee added, “up to 30 percent of them can’t close conventionally. Investors are often the only ones who can buy them.”

The Distressed Property Institute provides live and online CIAS Courses to train real estate professionals how to address the needs of all real estate investors.

For more information Call Don Vallee, visit www.ValleeGoldTeam.com.

Don Vallee, CIAS

August 2011 7 Day Market Stats For Single Family Properties In Tucson Arizona

City Wide Tucson Arizona Median List price $163,900
Average Days on Market (DOM) 159

Tucson AZ Real Estate Homes For Sale

Fannie Mae has announced that they are offering closing-cost assistance for buyers who closes on an REO June 30, will be eligible to receive up to 3.5 percent in closing-cost assistance.

The offer is only good for buyers owner an occupied home and are purchasing it as their primary residence — second homes and investor properties are not eligible.

Don’t wait too long as offers submitted before May 15 have the best chance of qualifying, Fannie Mae said, as it may be hard to close on a home if submitted after that “are particularly questionable for closing” by the June 30 deadline.

Search for Tucson, AZ Fannie Mae Homepath Inventory at www.ValleeGoldTeam.com

We can help you find a bank owned home just call us 520-544-5555

Don & Kathy Vallee, RE/MAX Excalibur

Tucson, AZ Bank Owned Real Estate for Sale

11448 N. Moon Ranch Place

Subdivision: Skyranch BLKS A-B

MLS #21010780

SQFT. 2118

3 Bedroom

2 Full bath

2 car garage

Directions: From Tangerine South on Camino Del Manana to entrance of Sky Ranch East on Moon Ranch South to address

The gated community of Skyranch single family residentail new homes and resales situated amoung Tucson’s most beautiful desert landscape. This 3 bedroom, 2 bath, 2118 square foot home is absolutely gorgeous with over 20k in luxurious upgrades. Enjoy the resort syle backyard with professional landscape, wrought iron fence to further enhance the panoramic Santa Catalina Mountain views. Sit poolside near the rockspillway and natural desert preserve. This home is move-in ready! All the furnishings are for sale and make this an easy move.  The gourmet kitchen features granite slab, black appliances, gas cook top, an dmuch more. The expansive open floor plan features 12 foot ceilings with fans, fireplace, extensive ceramic tile, carpet in bedrooms, & designer decor and paint. This premium lot overlooks the desert preserve and features Santa Catalina Mountain views. Potential Short Sale.

24HR Property Information Dial 1-468-7009 Enter House #11448

For more imformation please call Don or Kathy Vallee, CDPE, SFR

 520-544-5555

RE/MAX Excalibur Realty- Tucson

www.ValleeGoldTeam.com

11448 N. Moon Ranch Place, Marana,  Arizona, 85658

What is a short sale Video

In some areas and specific subdivisions, neighborhoods or buildings in Tucson, Arizona,  have seen foreclosures of 30% or more.  These types of numbers are unheard of in US history.

Given the market conditions many communities are facing, the immediate homes be destroyed by ticked off neighbors. Som owners in default are stripping their homes and selling items for cash.

See the Video clip featured & sponsored by The Today Show-Foreclosure Stripping

Contact: Don & Kathy Vallee, CDPE,CRS

Vallee Gold Team

520-544-5555

As RE/MAX Excalibur Realty-Tucson Agents we have the knowledge and experience to help the “Luxury Home Seller Avoid Foreclosure”…with the RE/MAX brand and the RE/MAX Collection Marketing tools…we are ready to help! Go to www.FindTucsonShortSales.com for more information.

We helped over 24 families avoid foreclosure in 2009…!

Tucson, AZ

Don & Kathy Vallee, residential REALTORS have been with RE/MAX since 2001. Just recently moved to a new brokerage firm in Tucson, RE/MAX Excalibur Realty-Tucson office. Howard Lein the owner of RE/MAX Excalibur unveiled the new video title, The Problem with RE/MAX, at the 2010 sales rally in February.

Don & Kathy Vallee, CDPE, CRS, SFR

RE/MAX Excalibur Realty-Tucson

By listing your home with Don & Kathy Vallee

You Receive The Most Comprehensive Multi-Media Advertsing in Tucson, Oro Valley, and Marana Today!

Your home will be posted on 20 plus sites and distributed to 25,000 potential buyers with over 700 locations

Tucson Airport, Major supermarkets, Real Estate offices, Hotels/Resorts, Restaurants & More.

Direct Mailed to Home Buyers and Relocation Departments

Search All Tucson Listings