Challenge of high housing costs in Tucson ‘may not be solvable’

(Disclosure: Rose Law Group represents Lennar and Meritage Homes.)

By Gabriela Rico | Your Valley

Despite thousands of new homes under construction in the Tucson area, there are fewer homes being built locally today than there were 20 years ago.

And while homebuilders are working to catch up, there is no indication home prices will come down.

For the first half of this year, permits for new homes were up more than 60% compared to the first six months of 2023.

Homebuilders pulled 2,610 permits for new homes from January through June, compared to 1,622 in that same time period last year.

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July 29, 2024

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Challenge of high housing costs in Tucson ‘may not be solvable’

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Challenge of high housing costs in Tucson ‘may not be solvable’

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