You are currently browsing the Tucson Luxury Homes weblog archives for the day September 16, 2009.
- Foothills Luxury Homes (490)
- Oro Valley Luxury (5)
- February 4, 2012: Luxurious Tucson - Pima Canyon Home Goes Under Contract
- February 4, 2012: Tucson Luxury Home at Ventana Canyon Goes Under Contract
- February 2, 2012: Tucson Luxury Home at LaPaloma Home Sells for $1,750,000
- February 1, 2012: Tucson Catalina Foothills Burnt Adobe Sells Quickly!
- February 1, 2012: New Mediterranean at Tucson Skyline Country Club Goes Quickly Under Contract
- January 27, 2012: Catalina Foothills - Pima Canyon Home Listed Under 800K Goes Under Contract
- January 26, 2012: Tucson Luxury Home at Skyline Country Club Sells for 950K
- January 23, 2012: Catalina Foothills Beauty at Pima Canyon Home Goes Under Contract with List Price of $1,550,000
- January 21, 2012: Catalina Foothills - 2 Ridge-top Lots Under Contract in Sabino Mountain
- January 18, 2012: Tucson Luxury Home at Cat 10 Sells for $1,150,000
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
Archive for September 16, 2009
So the Stock Market Goes, So Goes the Tucson Luxury Homes Market
September 16, 2009 by Donna Anderson.
As the Dow is hovering near 10,000, I expect more buyers will be inclined to make luxury home purchases again. I have noticed as signs signal that the recession is nearing an end, more luxury homes are going under contract. However, this does not mean that those who are listing their homes are going to get an appreciation bump. The good news for Sellers is that if their listed home is staged well and is priced aggressively, it won’t take as long to sell as it has in the past. I have noticed that some new listings are priced at or near where they would have been at the peak of the market. Unfortunately that the house may sell at 2006 or 2007 prices is wishful thinking. If you want to get these prices, you need to wait a few years. It is unlikely we will see much appreciation until at least 2011.
Posted in Foothills Luxury Homes | Print | No Comments »
Seven Homes Over a Million are Either Under Contract or were Sold in September
September 16, 2009 by Donna Anderson.
Only half of September is over and there are seven homes priced over a million that have come under contract or closed escrow in September.
What is even more astonishing to me is that three of the sales come from Oro Valley that has had a more difficult time in maintaining many high-end sales than the heart of the Foothills zip codes of 85750 and 85718.
So the million plus buyers are out there hunting for great bargains on homes that would have cost a lot more in the past. Typically September is slow, but this year is likely to prove unusual with all but the first quarter seeing a recovery in the number of sales.
Posted in Foothills Luxury Homes | Print | No Comments »