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 Tucson ranks in the Top 10 in an annual listing of the "Best Affordable Places to retire," released Tuesday by U.S. News & World Report.
In real estate, there is the cliché that it is all about "Location, Location, Location"… That is, of course, true, however, timing can be as important as location… The time is now for that vacation, resort, retirement home you have dreamed about. The market has the most aggressive pricing we may see in this decade, and it will come to an end shortly.
Paulson: Double Digit Inflation Coming - Buy a Home or Two
“If you don’t own a home buy one,” Paulson recommended; ”if you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.” His crystal ball is for 2% GDP growth for 2011 and 2012 and he warns that the Fed’s promise of quantitative easing should contribute to double-digit inflation over the next few years. As this is the best time in 50 years to buy homes, Paulson advised his listeners, crowded into 3 separate dining rooms, to issue 30 year mortgages to buy a home as “your debt and interest payments get locked in at record lows, while the price of your home will rise.”
http://blogs.forbes.com/robertlenzner/2010/09/27/john-paulson-sell-bonds-buy-stocks-double-digit-inflation-coming/
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| Patio view from most eastside units |
For the latest sales statistics please click here to see the MLS data for Tucson.
In general, the marketplace has shown continued improvement through the latter part of 2011. The rate of foreclosures has been slowly dropping, and 2012 is expected to be the turnaround year. We may never see prices this low again.
According to the Tucson Association of Realtors and the Southern Arizona Home Builders, there is no reason to expect home pricing to be lower in the Tucson market place. External national and international forces would be the only modifiers to the Tucson market place strength and success.
At present, The Greens has financing available for second home/vacation/retirement home purchasers. Specific down payment terms and financing options do change frequently, so we suggest a call to 866-433-5704 for details, or stop by the model center, which is open 10:00 am to 5:00 pm daily.
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