Nationally, mortgage applications to purchase newly built homes dropped dramatically in November, signaling a slowdown in sales for the nation’s builders. Application volume fell 22% from October, according to the Mortgage Bankers Association. This change does not include any seasonal adjustments, but when compared to one year ago, the applications are down 11.9%. While home […]
SFR Lot Sales Slow Finish to 2014 Read More »
Four transactions of Tucson industrial properties sold recently with an aggregate of $5.18 million for a total of 82,661-square-feet. Tucson Development of Tucson (Clifford Halbert) sold a 25,000-square-foot industrial building at 6450 E Valencia for $3 million ($120 PSF). The buyer was a tenant prior to sale dba Border’ International with offices in New Mexico,
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The Historic Sunstone Guest Ranch at 2575 N Woodland Road in Tucson sold for $1.175 million ($103 PSF) to Grace Global Group (Rae Orozco, pastor) of Tucson for use as a religious retreat, Grace to the Nation Retreat Center. The approximate 12-acres with 11,410-square-feet in five buildings was sold by Ranch House Investors LLC, an
Sunstone Guest Ranch Sells for Grace to the Nation Retreat Center Read More »