Tucson new homes affordable for the first time Home Buyer or for those looking for a deal

 

Tucson New Homes for Sale

 

Tucson new homes continue to be a bargain in and around the Tucson area as many  builders  are giving great stimulus deals to move their current  spec home inventory.

I just received this great email about current interest rates that are being given by Lennar Homes.

The first year they are giving a 2.88% rate for one year,

The rate then rises to 3.88% in year two, and then settles and fixes at 4.88%  at year three.

Who said that home ownership was impossible...with rates like this and current FHA guidelines, who could afford not to buy a home.

Many people say they are waiting for the market to drop.......a national statistic...most people will miss the so called bottom as we won't know we are there until it has passed.

Tucson is still on the map as one of  the top retirement cities in the US, and our market has faired better than many other parts of the country.

Many Canadians are buying because of the dollar conversion, and realize the deal that they are getting in our current market. 

If you can borrow money at these great rates, then I would encourage Americans to buy a new home in the Tucson area and market, and/or in other parts of the country if the same stimulus rates are there........ there are great deals to be had.

Anne and Eddie McKechnie

Tucson Real Estate Experts Team , Coldwell Banker Residential Brokerage, 2890 E Skyline Drive, Ste 250, Tucson, Az, 85718, Direct Office Phone (520)529-7507,  

Email them at info@thetucsonexperts.com or online at http://thetucsonexperts.com

Search the Tucson MLS 

Experts in Tucson Real Estate, Oro Valley Real Estate, Marana Real Estate, Vail Az Real Estate, Sahuarita Real Estate in Pima County.

 
This post has been included in Arizona Information Pima County, AZ Information Tucson, AZ Information
Post is included in group: Realtors®
Post is included in group: Posts to Localism
Post is included in group: Localism Success and Accountability Group

2 Comments on Tucson New Homes are very affordable

APR
30
2008
That picture is a Lennar home???????????  WoW - wish they built em like that here in Texas...great home & the Lennar mortgage group must be doing some serious business with a rate teaser like that!
12:17pm • #1
MAY
01
2008
422,177 Points 48 Featured Posts Localism Sponsor Outside Blog

Anne,

That rate buydown should be attracting buyers!  What a great incentive to buy a new home.  You can't beat it!

Mike in Tucson

5:55am • #2

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Tucson Real Estate Experts Anne and Eddie McKechnie

Tucson, AZ

More about me…

Coldwell Banker Residential Brokerage

Address: 2890 E Skyline Drive, Ste 250, Tucson, Az, 85718

Office Phone: (520) 529-7507

Cell Phone: (520) 990-5268

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find AZ real estate agents and Tucson real estate on ActiveRain.