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Tucson’s Benedictine redev progress

Posted by   /  July 1, 2020  /  Real Estate  /  No Comments

RED News Service | Real Estate Daily News TUCSON, ARIZONA — In the midst of the pandemic, and our 100+ degree days, the construction is continuing over at the Benedictine. I’ve spoken with the Project Manager on the site several times and know that Sundt is conducting wellness checks daily on all of their workers. […]

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Tucson home sales bounced back after stay at home order was lifted

Posted by   /  June 12, 2020  /  By Mike Sunnucks, Real Estate  /  No Comments

By Mike Sunnucks |Rose Law Group Reporter Home sales were down 43 percent in the Tucson metro area from mid-March to mid-May compared to earlier in the year before COVID-19 closures and shutdowns. That is according to the latest housing data from Belfiore Real Estate Consulting. Steven Hensley, an analyst for Belfiore said, compared to […]

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Investments in Tucson apartments remain steady

Posted by   /  May 7, 2020  /  Real Estate  /  No Comments

By Gabriela Rico | Arizona Daily Star While some office and retail properties are closed with an uncertain fate, investors continue to be drawn to the multifamily market in Tucson. Brokers with NAI Horizon recently negotiated the sale of the Sandpiper Apartments, 2401 E. Glenn St., for $4.7 million. Mike Chapman and Justin Lanne represented […]

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What to expect for the Tucson housing market with COVID-19

Posted by   /  April 24, 2020  /  Real Estate  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter The Tucson housing market is experiencing the same dynamics of Phoenix and other cities with COVID-19 putting the brakes on healthy sales numbers. New home sales figures for the Tucson metropolitan area from mid-January to mid-March were up 10 percent compared to a year ago, according to […]

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Refinancing on the rise in Tucson, U.S.

Posted by   /  March 31, 2020  /  Coronavirus, Real Estate  /  No Comments

By Gabriela Rico | Tucson.com With interest rates at historic lows and recent increases in Tucson home values, many jittery homeowners impacted by the coronavirus outbreak are looking to refinance to get their hands on cash. Refinancing has been on the rise for months, but has jumped 479% so far in March, according to Zillow […]

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Hit on Tucson economy from coronavirus outbreak will last months

Posted by   /  March 24, 2020  /  Economy  /  No Comments

By David Wichner | Tucson.com Alan Miklofsky opened one of his independent shoe stores on East Speedway just after the 9/11 terrorist attacks but managed to stay open. But last week Miklofsky had to close his fourth and newest Alan’s Shoes Tucson location at the Tucson Spectrum shopping center on the city’s south side, after […]

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A riverwalk is planned for Tucson’s west side as part of a retail, housing project

Posted by   /  March 20, 2020  /  Real Estate  /  No Comments

By Gabriela Rico | Tucson.com A proposal to bring a riverwalk along the Santa Cruz river on Tucson’s west side has received a boost from the Rio Nuevo Board. The board has agreed to buy the land, near Cushing Street and Linda Avenue, west of Interstate 10, so Gadsden Co. can develop The Bautista, a […]

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Big housing demand in Tucson

Posted by   /  March 6, 2020  /  By Mike Sunnucks, Real Estate  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter The Tucson housing market is seeing its most demand since 2006. That is according to latest research on Tucson metro area market from Belfiore Real Estate Consulting. Demand for new homes in Tucson ended 2019 up 24 percent from 2018. Home builders sold the most new homes […]

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Luxury apartments to site of iconic Tucson monastery

Posted by   /  March 2, 2020  /  Real Estate  /  No Comments

By Gabriela Rico | Tucson.com A modern luxury apartment complex is going up at the site of Tucson’s iconic Benedictine Monastery after more than two years of negotiations, compromises, concessions — and sometimes name-calling. Newly released renderings show two structures to the left and right of the midtown monastery, 800 N. Country Club Road, and […]

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Tucson’s once-desolate Grant Rd. is becoming a restaurant mecca

Posted by   /  February 6, 2020  /  Real Estate  /  No Comments

Traffic flows by Kingfisher Bar & Grill, one of the old guard of eating establishments on Grant Road between Tucson Boulevard and Forgeus Avenue, January 30, 2020, in Tucson, Ariz. / Arizona Daily Star By Cathalena E. Burch | Arizona Daily Star When Jim “Murph” Murphy and his partner Jeff Azersky opened Kingfisher Bar & […]

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