Terry Klipp

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SFR Lot Sales Slow Finish to 2014

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 […]

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Stone Canyon Enclave, aka Stone Canyon Donut Hole, Sells for $3 Million

Enclave Holdings, LLC a company formed by Terry Klipp of Terramar Properties, Inc. of Tucson purchased the conceptual site plan for a new 70-lot residential subdivision, known as Stone Canyon Enclave, for $3 million ($43,000 per lot). Located in Stone Canyon in Rancho Vistoso, north of Tortolita Mountain Circle and east of Hohokam Village Place

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Year End Land Deals: Aggregate Sales $1.53 Million

Thrac Paulette, this year’s CCIM Forecast Winner in the land category reported that there was a total of 84 residential land transactions in the Tucson market for 2013, totaling $148 million. The Northwest Submarket was the most desirable with 36 transactions in 2013. The Southeast and Far South Submarkets each had 11. Local, private builders

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