Changing Land Markets: A Buyer’s Opportunity in Tucson, AZ (Part 2)
The pendulum has swung from a seller’s land market to one that favors buyers, creating a window of opportunity for people who want to buy land and build a custom home. As discussed in the previous blog, 2022 was a solid year for Tucson land sales. The year began by seeing multiple unexpected offers on […]
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, […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]