Company News

2016 Q4 Newsletter header

01 Jan Q4 2016 Tucson Land Update

  Top: Mountain Vail Estates - Richmond / Above: Mountain Vail Estates - Lennar A Year of Growth in Tucson Strong permits, house starts and land development add to an improved economic outlook The year 2016 was a good one for the Tucson home building market and for Tucson...

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01 Oct Q3 2016 Tucson Land Update

Top: Blue Agave - Mattamy / Above: Fianchetto Farms - DR Horton Builder Positioning in Tucson Lot inventories, or the lack thereof, could shake up sales leaders The Tucson housing market continued its upward momentum through the 3rd Quarter. While permits and house starts were below the stellar...

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08 Sep Q2 2016 Tucson Land Update

Top: Eagles Summit - Lennar / Above: Sonoran Ranch - KB Home Stronger Market, Fewer Lots The improving market is straining lot inventories So far 2016 has been a very encouraging year for home building in the Tucson area. Permits are up 25% over the first half of...

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08 Apr Q1 2016 Tucson Land Update

Top: Sterling Meadows - DR Horton / Above: Gladden Farms - KB Home An Improving Market Platted Lot Acquisitions are Bearing Fruit for Builders New home sales are up in 2016. Per SAHBA, monthly net sales from their 12 member builders so far in 2016 has each been...

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07 Dec Q4 2015 Tucson Land Update

Top: Park Modern - Pepper Viner / Above: Midvale - KB Home Infill Opportunities Local Builders are Finding Infill Communities as Nationals Focus on Larger Opportunities The Tucson land market continued to improve in 2015. Much has been said regarding the permit counts in the past as a...

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28 Oct Q3 2015 Tucson Land Update

Top: Golden Barrel - Mattamy / Above: Eagle's Rest - Lennar Tangerine Corridor Shift Builders are shifting their focus east to Oro Valley The Tucson housing market continues to move along at a steady pace, finished lot inventories continue to drop, but both builders and investors are purchasing...

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Land Update

08 Jul Q2 2015 Tucson Land Update

Top: Boulder Pass - Miramonte / Above: Golden Barrel - Mattamy Gradual Growth Permits are down, but sales, starts and land transactions are up In the first half of 2015 more than 1,077 residential permits have been pulled in the Tucson area. This is down from the 1,135...

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08 Apr Q1 2015 Tucson Land Update

Top: Bear Canyon Overlook - AF Sterling / Above: Desert Willow - Pulte New Life in Northeast Tucson The once quiet submarket is getting ready for multiple new communities January and February permit levels were low to start out 2015 which caused some concern in the market. The...

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08 Jan Q4 2014 Tucson Land Update

Above: Stone Canyon - Monterey Homes Focus on Move-up Homes Entry Level Overlooked as Builders Focus on Move-ups The Tucson land market has changed over the past couple of years. Single family finished lot inventories have fallen and seem to have stabilized below 4,000 lots. 2014 ended with...

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08 Oct Q3 2014 Tucson Land Update

Top: Rancho Vistoso - Maracay / Above: Rancho Vistoso - Lennar Lot Development Continues Land Purchases Highlight the Trend Toward Increased Lot Development The Tucson land market feels as if it has slowed slightly in 2014. Year to date permits are slightly lower than last year and there...

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