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Archived Tips 2006
Archived Tips 2005
June 05:
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If you find the North Tucson seems very
expensive and you want a home that has the ambience of the Catalina Foothills
area, look at Northeast Tucson in the 85750 zip code. This area,
which is located close to Sabino Canyon, is very beautiful and many properties
have mountain and city views! The elementary school for NE Tucson in this zip
code is Fruchthendler and the school scores rival District 16. You can
save over 20% buying a home here.
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If you are thinking of renting in the
beautiful Catalina Foothills area, be careful! Many apartment complex owners are
taking advantage of the hot real estate market, and are converting into
condominiums. So your stay could be short and you could have to move out in the
very near future. It is a much better investment to purchase. The home price you
find today is likely to be much higher a year from now, since there are no signs
of this hot real estate market dying down! Call me to check out Tucson
properties for sale.
July 05:
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Looking for a fairly new single family home
under $350,000, in the Foothills, and in District 16 school district? There are
a few pockets where this needle in a haystack exists.
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Call me and I will be happy to show you one
of these rare gems! It won’t be long before homes in the Foothills in this price
range go into extinction!
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Looking for a way to find affordable
housing in a prestigious area of Tucson? 2 Bedroom
condos at La Paloma are priced in the $240,000s and 2 bedroom condos at Canyon
View at Ventana are priced from the $220,000s; additionally, you can get a 1
bedroom condo at Canyon View for $155,000.
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These prices will certainly go up quickly,
so if you want to call one of these prestigious addresses your home, don’t wait
too long! Call me if you want me to let you know when one becomes available.
Both are located in the most beautiful areas of North Tucson.
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Looking for a new home? There are new
homes ranging from 1,200-,2000 square feet in NW Pima County that are priced
from the $320s – low $400s.
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The specific areas where you can find
these new homes are Rancho Vistoso, other areas of Oro Valley, and Marana. Some
of the builders you will find there are Pulte, Canoa and Richmond American. The
schools usually have above-average scores, which is an added bonus!
August 05
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While some investors may shy away from
the Tucson market for investing, they may be missing a great opportunity!
Although many rentals will bring you a negative cash flow, the appreciation that
you gain when you sell is vast! If you pick the right property to invest in, you
can expect up to 30% appreciation rate this year! There are no signs of the
market slowing down in Tucson! Call me for further information. Tucson is a
great investment!
September 05
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Now is the best time to purchase in Tucson.
The snowbirds arrive in droves in November and December. Why compete with the
masses by putting off your Tucson home search? When the temperatures decline,
the number of sales heats up!
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A smart idea for investors would be to purchase a single
family home in the foothills with a great mountain and/ or city view. This house
should be less than $600,000, and could be dated. Rent it for a year or two and
then sell it to someone who wants to tear-it down and build a new home, or do so
yourself. There are still some amazing sites with houses listed for less than
$600,000 that offer so much potential for a future rebuild. Call Donna to
explore this great investment opportunity.
October 05
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There are still some pockets of housing
in Tucson that are under-priced. Examples are the patio homes at LaPaloma, which are around 1600 square feet and are only a few years
old. Recently three have sold in the $425,000 price range. They are located on
a golf course, in a gated community, and in District 16 school district, which
has the highest school scores. These 3 bedroom, 2 bath homes have many upgrades
and most have excellent views. These houses are perfect for the investor or the
snowbird. These prices can only appreciate quickly!
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When selling your home, it is best to price
it at fair market value. If you over-price it, many buyers may not be
interested, and your house will take longer to sell. The information that is
given to the Buyers states how many days your home has been for sale. Presently,
the average house stays on the market for only 30 days, so if it does not sell
fairly quickly, it becomes stagnant. Let me help you determine the best
price to list your home to ensure the final highest price possible.
November 05
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Most houses need some staging to
optimize the highest sales price. Many times all this means is
renting a storage space and removing some excess furniture that makes the house
look smaller. There should be no items on top of your refrigerator and no
magnets on front; usually the only items on the kitchen counter should be the
ones you often use. Additionally, the house should be as clean as possible.
The exterior should offer curb-appeal; trim those bushes; paint the front door
or add new door hardware as needed. Small changes can really mean more cash in
your pocket. When selling your home, call me for tips on how to stage
your house to optimize its value.
December 05
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The real estate market in Tucson has
stabilized, but is still at “Sellers Market”. Therefore, if you see a house you
like, do not hesitate to write your best offer. Most houses are still selling
for full price and sometimes over-full price. Home prices will continue to go up
since so many flock to Tucson, finding it a gorgeous place to live.
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Rents in the Catalina Foothills and
Sabino Canyon area are likely to rise in 2006 since so many apartments are
converting from apartments to condominiums. Rents have traditionally been lower
than many parts of the country, but this trend will probably not continue as the
demand for apartments increases as the supply is lowered. 2006 is a great year
to purchase in Tucson, especially for those snowbirds who have been renting
every Winter.
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If you are going to turn your 1031 exchange
investment property into your own personal property to avoid paying capital
gains because of the 250K (single) 500K (married) exemption, be aware that the
new tax law requires you to own this original investment property for 5 years
before you sell it, in order to utilize the tax exemption. Consult your tax
accountant for further details.
Donna's Current Real Estate Tip
Archived Tips 2006
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Luxury Homes • Gated Communities • Tucson Properties • Catalina Foothills • Sabino Mtn • Sabino Vista Hills • Donna's FAQ • Shadows at Sabino • Summerset • Homes by School District • Meet Donna • Testimonials • Tucson Home Notes • Tucson Sellers Corner • Tucson Buyers Corner • Tucson Home Finder • Tucson Golf Communities • Tucson Retirement Communities • Tucson Relocation • Tucson Links
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