Mortgage Rates Hold at Record Lows

 Low interest rates are hanging in there again this week.  The 30-year fixed average of 3.66% is almost a full point lower than the 4.51% of one year ago.

15-year rates hit another record low this week at 2.94%.

It is such a great time to be looking for your new Tucson home.

Mortgage Rates Hold at Record Lows

New on the Market: Resort Style Living in Tucson's The Lakes at Castle Rock

One of Several Lakes at The Lakes at Castle Rock

I just love this Tucson home and the location.

Gated Entrance to The Lakes at Castle Rock

The Lakes at Castle Rock is one of Tucson's best kept secrets.  A gated neighborhood on the east side with lakes (yeah, in the desert!), walking trails, recreation center AND a fitness center.  Two community pools with spas, tennis courts, sauna, a basketball court, fishing in the lakes and room for private parties in the recreation center make the picture complete.  And the location is near the foot of the Catalina highway so only minutes from hiking and recreation in the Catalina Mountains. 

What more could you ask for?

2550 N Falling Water is located on a quiet cul-de-sac

Well, how about a fantastic custom home in this neighborhood.  With three bedrooms and three baths, this spacious 3143 square foot home features beautiful large tile floors, an updated kitchen with granite counters and island, cherry cabinets, stainless steel appliances including a Jenn-Air range (with convection and warming drawer) and large pantry.

Spacious covered and open patios look out onto the lakes

The master bedroom is just gorgeous and has one of the largest walk-in closets I have seen, with built in shelves, cabinets, mirrors and lots of hangar space.  The master bath features a dual sinks, a whirlpool bath and bidet.  Adjoining the master bedroom is a sunny Arizona room which is perfect for just sitting or reading, or use it as your office as the current owners do.

This is a great Tucson house, neighborhood, location and is priced well at $499,900.  There is so much more to see in this house, so click on the link to see the details and lots of pictures.

Gourmet kitchen has it all

Spacious living room and dining area is light and bright with sliding doors leading to the covered patio

2550 N Falling Water Court

Mortgage Rates Again Back in Record Low Territory

After my breathless warning last week that mortgage rates had ended their six straight weeks of decline, this week mortgage rates resumed that decline into record territory.  Just amazing.  Click the link below for the details.  With Tucson house prices still low and interest rates incredibly low, Tucson homes are more affordable than in a long time.  Give me a call to talk about your next home, or have your friends or family give me a call.

Mortgage Rates Back in Record Territory

May Monthly Tucson MLS Sales Statistics Show Continued Market Stability and Improvement

The May Tucson homes sales statistics are out and continue to show signs of price stability.  The average sale price was down a slight 1% from April, but the median sales price was up almost 4.5% from April.   And both average and median sale prices for May were up over the same month one year ago.  The number of homes actually sold (1318) was up over 3% from April and just over 5.5% from May of last year.

The number of homes actively listed for sale on the market was down dramatically once again...down almost 6% from April . That is the seventh monthly drop in a row and takes the number of available homes (3544) to the lowest level since April of 2005.  So why the dramatic drop?  Homes are selling at a brisker pace with lots of first time buyers, investors and retirees (and those planning for retirement) coming into the home-buying market.

 Click here for May Tucson MLS Sales Statistics

Summer Solstice at the Santa Cruz Farmers Market

Thursday June 21 is the Summer Solstice, and the Santa Cruz Farmers Market is taking advantage of the long summer day with a Summer Solstice Event.  The Event will include demonstrations of solar cooking with solar ovens that you can either buy or build yourself. 

The Santa Cruz Farmers Market is located at 100 S Avenida del Convento, just west of downtown on Congress Street.  The hours are 4pm to 7pm.

For a full list of activities and local produce available this week, click on the link below:
Santa Cruz Farmers Market

Mortgage Rates End Six-Week Streak of Record Lows

That was an interesting ride...six weeks of downward drops in mortgage rates.  But that doesn't mean they will soar to new heights anytime soon.   So with rates still at or near record lows, it is a great time to buy your first Tucson home, an investment home, or even that Tucson retirement house you will be moving into someday.  

Mortgage Rates End Six-Week Streak of Record Lows

5100 W Trails End Road: Just Listed and OPEN HOUSE THIS SUNDAY!

Relax by the pool or on your roof deck and enjoy the views from this beautifully updated territorial home.  Set on your own acre of Sonoran desert in the Tucson Mountains, this wonderful home is close to great hiking and peaceful desert scenery in Tucson Mountain Park.  All this and still only minutes from Downtown, U.A., and I-10.

5100 W Trails End Rd

 No room here to list all of the updates and upgrades to this home, but they include a gorgeous kitchen with granite counter, hardwood hickory cabinets, gourmet 6-burner gas stove, stainless steel appliances, wine rack, under counter ice maker, and more.  

Four bedrooms, gas fireplace, private courtyard entrance, entry hall gallery, updated bathrooms with walk in showers, large windowed laundry room, lots of storage, lots of skylights and the list goes on.

Click on the link to see the details, photos and directions to the Open House on Sunday June 10 from 1pm to 4pm.  Come on out!

5100 W Trails End Rd