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Tucson, Arizona Realtors Report Strong Housing Market

Tucson, Arizona offers gorgeous views of the Catalina, Tortillita and Tucson Mountains, say local Realtors, but there's more to attract buyers.

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"Welcome to Tucson, where home sales continue at a brisk pace," says Realtor Jon Quist. "Tucson continues to have housing to suit any need, with affordable homes to fit any lifestyle. The resale market continues to be strong, and there are a variety of new home builders to work with as well."

Say Realtors Don and Kathy Vallee, "According to Paul Lindsey, the president of Tucson Association of REALTORS Multiple Listing Service, Inc., despite a slow down of home sales on a national level, the Tucson market remains strong although there was a slight decrease from last year's record numbers."

"Tucson is a big city by virtue of it's land mass," explains Realtor Mary Ann Levenson at 162 square miles it is three times larger than San Francisco. But it is small enough that when hometowner Linda Ronstadt returns to perform, usually singing in both English and Spanish, Tucsonans respect her privacy as she walks with her family from a concert.

She says, "Tucson homes are diverse, with traditional homes in the desert design such as Santa Fe or territorial. Ranch design and contemporary homes are also popular. Older, well-to-do neighborhoods, once on the outskirts of Tucson, are now located in mid-town. Many Tucsonans have opted out of the symmetry of the city and into the winding foothills and the privacy of country clubs. Newcomers seeking efficient, roomy housing will find dozens of new subdivisions surrounding the city. Northwest Tucson has flourished tremendously in recent years with an interesting cross-section of neighborhoods for all age groups. The Eastside is known for some of the city's most stable areas having nice neighborhoods with mature landscaping and clear views of the Rincon Mountains. In the Northeast part of Tucson -- near Sabino Canyon and Catalina Highway -- are large horse-property lots and affordable family homes. On east Tanque Verde Road is the lush green 49ers Country CLub. West-side homes are often more rural with bigger lots, open areas and natural desert. The Starr Pass development with an 18 tournament golf course is on the west side as well."

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Published: May 16, 2003

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 05/16/2003


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