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Tesla’s CEO Continues Pitch for ‘Gigafactories’ & S&P Issues Junk Credit Rating

Tesla Motor’s Elon Musk said the need for lower-cost batteries for autos and power storage means there will need to be hundreds of “gigafactories” like the one the carmaker is planning to build. But for the time being Tesla Motors Inc. is narrowing its search for the much coveted and ballyhooed $5 billion electric battery […]

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Tucson Multifamily sales of $2.5 Million in February

February Tucson multifamily sales broken out by submarkets show an aggregate price of $2.5 million. NORTHEAST SUBMARKET Family Lease, LLC of Tucson purchased a fourplex at 4051-4057 E Bellevue Street in Tucson for $235,000 ($58,750 per unit). The property was constructed in 1945 on a .16 acre lot. The seller was Oakridge Investments of Tucson.

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TAR: Tucson Housing Report Inventory Up to Highest Level since May 2011 along with Prices

Tucson Association of Realtors (TAR) has released the Tucson housing report for February 2014. Total sales volume increased 12 percent from January, and up 6.5 percent since February 2013. Year-over-year unit sales, sales volume and median sales price as well as active listings were all up over 2013. Here are the highlights from TAR’s Residential

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