By Gabriela Rico | Arizona Daily Star
Everyone knows the housing market in Tucson — and across the country — is red hot, but one recent local home sale made some eyes pop.
Listed for $1.9 million, the house near Sabino Canyon received more than 15 offers in 24 hours, all above asking price.
The successful bidder offered $3 million, all cash, no contingencies, no appraisal, no inspection.“
No one in real estate in the last 20 years can remember a sale that exceeded $1 million over ask,” said Jim Storey with Tierra Antigua Realty, who represented the sellers.