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 practices nationwide, is anticipated to […]
A Buyer’s Market Again for Land in Tucson
Over the past two years, land activity, sales, and prices increased across metropolitan Tucson while the inventory of available lots kept shrinking. Sellers were anxiously putting lots on the market, trying to take advantage of these boom conditions. Buyers were placed in an uncomfortable position of making quick decisions, paying cash rather than financing purchases […]
An Update on Tucson’s Catalina Foothills Lot Market
I know I’ve been busy lately listing and particularly selling vacant lots in the foothills area, but I didn’t realize just how active this segment of the land market currently is until I took a look at the current Tucson Association of Realtors, Multiple Listing Service statistics. In the past 6 months alone, there have […]
Think Outside the Box to Purchase Residential Land
If you’ve decided to buy residential land in Tucson and have determined that a conventional lot loan is not right for you (whether too high a down payment, too many associated costs, too short term, etc.), here are two sources of funds that may be available to help you complete your purchase: owner financing or […]
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 […]
March 2019 Land Report
Following the end of the month, information about the real estate market is compiled and released in the Tucson Land Report. The data and statistics in this report cover the Lots & Lands properties in MLSSAZ for the Tucson Metro area. Beyond using this information to check the health of the real estate market, real […]
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 […]