How to Pick the Best Piece of Land to Build A Home On

When searching for a vacant lot of land to build on, you may engage in a lot of prior research to find the best piece for you. Whether you plan on using the space to build a home, business, or long-term investment, pay attention to these four key factors that can impact your purchase of […]

Purchasing Un-subdivided or Un-restricted Vacant Land

I’m often asked whether a particular vacant parcel has any deed restrictions. I get questions regarding building size or type requirements, time frames for building, height restrictions, areas on the lot that can only be used for building, or must remain unused, etc. When it comes down to it, if the property is located in […]

A Vacant Land Price Rebound in 2018 as the Market Trends Up

Based on data from Lots and Lands properties in the MLSSAZ, the 2018  year-end statistics for the Tucson Metro area bode well for our local, residential land market going forward into 2019. Land inventory was down to 1319 parcels, a 5% decrease from the previous year. The year concluded with a strong total of 741 […]

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 […]

Vacant Land Market Recovery Continues as Foreclosures Dip

What a welcome headline last week in the Business Section of the Arizona Daily Star: “County Foreclosures Lowest Since ’07.” The article by Gabrielo Rico quotes data from the Pima County Recorder’s Office showing there were 372 home foreclosures in the first three months of 2017, the lowest since 2007 when 251 homes were sold […]