The city of Tucson and its surrounding areas has a rich history that includes the arrival of Spanish explorers and their discovery of native Americans, a gold and silver rush, attacks on ranchers and settlers by Apache Indians, all while remaining the northernmost outpost of Mexico until the arrival of U.S. soldiers in 1856.

Surrounded by state conservation lands and mountain ranges, and native American reservations, Tucson retains its rich multicultural historical heritage. A rising market is producing a wide range of housing opportunities.

"Lower interest rates and good home values compared to some other parts of the country, as well as the continued wonderful lifestyle associated with Tucson has kept the market healthy," explains Realtor Jon Quist.

"Tucson is a diverse market," says Realtor Bryant D. Keefe. "Our average price remains in the $165,000 range. Clean homes, priced correctly and below $300,000 will sell in less than 30 days. The market above $300,000 has slowed down with many custom spec home builders struggling to move their product. Tucson remains a highly recommended investment market. With our state population predicted to swell by 1.6 million over the next 10 years property values will only continue to rise."

Says Realtor Mary Ann Levenson, "Tucson offers a wide selection of affordable neighborhoods ranging from the entry level home to the high-end custom designed homes. Whatever your lifestyle you can find just the right neighborhood for you and your family. Whether you are looking for horse property with acreage, foothills sites with incredible city views or the convenience of in town city lots.....we have it all!"

Says Realtor Brenda OBrien, "The Tucson Housing Market is running on a record pace. Average sales price and median sales price are both above any prior years. With interest rates continuing to be at low levels the housing market has remained strong."

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Published: July 19, 2002

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