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Richmond and DR Horton Acquire SFR-Lots in Tucson

Richmond American (Rick Morris, Land Acquisition) purchased 50 platted and engineered lots at Mountain Vail Estates for $1.501 million ($30,000 per lot). This is the first half of approximately 94 lots being re-platted by the seller, MC 140 LLC, an affiliate of Diamond Ventures. Buyer will develop the lots for construction. This is not Richmond’s …

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A Perfect Storm for Home Builders at Dove Mountain in Marana

Real estate will always be about location, location, location but with land especially, it’s future location, future location, future location. Today, looking at Dove Mountain in Marana it’s not difficult to understand why home building there hasn’t experienced the same slow down as other places. We sat down with Carson Mehl, President of Dove Mountain …

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