Blog & News

August 2024 Land Report

August 2024 Land Report

In the Tucson Lot and Land market, August 2024 active inventory was 724, a 6% increase from August 2023. There were 48 closings in August 2024, a 25% decrease from August 2023. Year-to-date 2024 there were 476 closings, virtually unchanged from year-to-date 2023. Months of Inventory was 15.1, up from...
State of the Market Mid-Year Report 2024

State of the Market Mid-Year Report 2024

The land/lots segment of the market in Tucson continues to show signs of strength. Given ongoing inventory shortages in the resale housing sector, land to build on remains a solution for some. Land/lots inventory is up slightly over 2023 while closed sales are also higher year-to-date, at a similar rate....
July 2024 Land Report

July 2024 Land Report

In the Tucson Lot and Land market, the July 2024 active inventory was 702, a 5% increase from July 2023. There were 51 closings in July 2024, an 11% decrease from July 2023. Year-to-date 2024 there were 428 closings, virtually unchanged from year-to-date 2023. Months of Inventory was 13.8, up...
The NAR Commission Question: Unpacking Misconceptions and Future Implications

The NAR Commission Question: Unpacking Misconceptions and Future Implications

Realtors' commissions are among the most hotly debated topics in the evolving real estate landscape. Recently, an article by Land Hub, shed light on this matter, clarifying some common misconceptions and highlighting potential changes on the horizon. This discussion is particularly relevant as a significant lawsuit, which could reshape commission...

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