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Tucson Real Estate & Golf Properties

Douglas Trudeau , Assoc. Broker
Prudential Foothills Real Estate
64 N. Harrison Road, Suite 160
Tucson , AZ 85748
Mobile: 520-954-2209
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Home Selling Strategies

May 29th, 2008 categories: Tucson Real Estate

In a market where buyer confidence is slowly returning it is important to have a strategy if you expect to sell sooner than later. The Tucson real estate market is still reeling, but, not as much as Phoenix, Stockton CA or other areas. Most home sellers, even in the Tucson Real Estate Market, like to set a price and hold. Losing opportunity and eventually selling for much less than they could have gotten. You’ve heard it before, Proper Prior Planning Prevents Poor Performance. Having a strategy (prior planning) can make a difference on whether a home sells (prevents) or does not sell (poor performance).

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Authored by Doug Trudeau | Discussion: No Comments »

Tucson Real Estate Market May Golf Home Sales Looking Good

May 28th, 2008 categories: Tucson Golf Community, Tucson Real Estate

With four days left in the month of May, three of which are working days, Golf Property sales are looking good. Tucson’s real estate market is already seeing more Golf Property sales than in April, and the month isn’t even over. To date there have been 36 recorded sales. The lowest for $140,000, the highest for $850,000. The average and median so far are at $370,600 and $318,250 respectively.

What makes Golf Properties hold up better than the rest? One would be a differently type of buyer. Most homes along golf courses are either owned by professionals or retirees. In either case buyers with a healthier financial portfolio.

Another would be the views that most properties along a golf course offer. The lush fairway, the majestic mountains, the valley, the sunsets, and some the wild life of the water hazards at dawn and dusk.

Golf properties represent less than 4% of the Tucson real estate market of available homes. Not a large percentage. Of the 8,715 homes available on the market, only 335 are golf properties. Of the 699 recorded sales to date for the month of May 5.3% are golf property sales. With limited information, since the month isn’t over, 11% of the golf properties available have sold this month. Month by month the average and median sales price for golf properties have been approximately $100,000 above that of the overall market.

There are new golf property subdivisions headed to Tucson and Marana within a matter of weeks. Nestled in the Tortalita Mountains with the the Ritz-Carlton Resort in the back drop and where the Accenture Match Play Championship will be played every year. Thats another topic.

From Tubac to Saddlebrook, to Vail, there are a variety of golf properties already available in Tucson. What’s stopping you from taking advantage?

Authored by Doug Trudeau | Discussion: No Comments »

You Have To Be Kidding Me, Down Town Tucson Revitalization?

May 27th, 2008 categories: Tucson News & Events

No matter what you call it downtown Tucson redevelopment isn’t redeveloping. Downtown Tucson revitalization isn’t revitalizing. Rio Nuevo isn’t any more. Bureaucratic and political interference is the blame. Because of inability by bureaucrats and politicians to come together and commit to a plan, downtown Tucson is dying of starvation. The name was even changed from Rio Nuevo, like that was going to make the difference. You have to be kidding me.

What has happened to date will go down in the history books on what not to do. Developers were ready and on the starting blocks poised, muscles tense, adrenalin flowing, and ready to start. Some got cramps and crawled away, others fell over like petrified statues. The starting gun was more like an old fashioned cork gun that nobody heard. Or wait, maybe somebody forgot to pull the trigger.

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Authored by Doug Trudeau | Discussion: 2 Comments »

Home Buyer Beware, Short Sales Are Not What You Expect

May 27th, 2008 categories: Tucson Real Estate

We have all heard, “Every village has an idiot.” Well, that’s not true. Our mortgage lending industry has deprived a lot of villages. I don’t mean loan officers. I mean the people at the main office out of touch with how transactions are completed in different parts of the country. If you have never been frustrated, try involving yourself with a short sale. What’s that old say, “The only thing that is definite are death and taxes.” You can add “Short Sales are definitely frustrating.” You have to laugh while going through one to maintain your sanity.

Let me walk you through an experience with a short sale. Finances changed, the housing market declined, so a reader referred someone (the Seller) to me for a short sale. Innocent enough on the surface.

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Authored by Doug Trudeau | Discussion: 1 Comment »

Honoring Memorial Day 2008

May 23rd, 2008 categories: Just Because

Please remember those who have gone before us on this important day. As a former Marine, this picture touches me. I do not like war. I do understand there are unfortunate times when war is necessary. Unfortunately, we are living one of those times now. Unfortunately we are in a war like none we have experienced. I understand there are those of us who have volunteered to put ourselves in harms way. I understand that unfortunately some do not come home.

Anyone who knows me, knows I have a soft spot for Veterans and their families. Lets put our differences aside and remember those who made the ultimate sacrifice for all of us.

On May 5, 1868 General John Logan proclaimed May 30th as Memorial Day by General Order No. 11. Organized women’s groups in the south had been decorating graves long before the end of the Civil War. New York was the first state to recognize Memorial Day in 1873. By 1890 all Northern states honored our fallen warriors. Memorial Day is a day to remember all those who fought for our freedom. The current battles on foreign lands create a lot of controversy.

If anyone wonders why we are over there, whether Iraq, Afghanistan or anywhere else, there are some dates to remember for those who are not here with us today. Since 1979 we have been slowly, meticulously and ruthlessly drug into a war we never asked for. A war that is taking many American lives.

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Authored by Doug Trudeau | Discussion: 7 Comments »

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