By Aaron Mendenhall, Chapman Lindsey Commercial Real Estate Services of Tucson Improving Market Strains Lot Inventories So far, 2016 has been a very encouraging year for home building in the Tucson area. Permits are up 25% over the first half of last year and new single family home starts are up 24%. The 966 new […]
Q2 Tucson Land Report: Stronger Market, Fewer Lots Read More »
By: Aaron Mendenhall and Dan Feig, Chapman Lindsey Commercial Real Estate Services New home sales are up in 2016. Per SAHBA, monthly net sales from their 12 member builders so far in 2016 has each been higher than any month in 2015 with the exception of January’s 173 net sales which was only one sale
Chapman Lindsey: Q1 Residential Lot Sales Report Read More »
By: Aaron Mendenhall of Chapman Lindsey Commercial Real Estate Services The Tucson land market continued to improve in 2015. Much has been said regarding the permit counts in the past as a primary indicator of the market, but as with everything else, there are extenuating circumstances that can explain away variations from the expected path.