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Is Cash King? - What is the Home Sale Breakdown in Metro Tucson

By
Real Estate Broker/Owner with Golden Girls with SW Desert Homes BR564219000

I'm looking at the last six months from today, April 5, 2022.

At the time of writing this blog posting, 893 homes are for sale within Tucson, Oro Valley, Tucson, and Vail.

You can imagine the competition for these homes.

We are all familiar, I'm certain, with the phrase, Cash is King.  It certainly can be in today's market.

Just for kicks, I checked the percentage for those that sold in the past 6 months...cash.  Out of 8514 sales, 2377 were cash.   That's 28% of homes sold - sold cash.  49% sold with Conventional loans.  12% sold with FHA loans. So although cash can make a lovely offer, critical negotiating can help those needing financial options for their real estate transactions.

Are you financing and looking for a home in Tucson, Oro Valley, Tucson or Vail?  I'm ready to help.  It takes a team - buyer, mortgage officer, and REALTOR, to succeed in today's challenging market.

Let's talk.  

 

Cara Mancuso, Designated Broker with Golden Girls of SW Desert Homes, LLC  Cara@SWDeserthomes.com   520-909-2988

 

(Corrected numbers from an earlier posting)

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If I can assist you in your home buying or selling in Marana, Tucson, Oro Valley, or Vail, please don't hesitate to call me!  Email at Cara@SWDeserthomes.com

Cara Marcelle Mancuso, Golden Girls with SW Desert Homes

520-909-2988   

Regarding the material posted in my blog postings, All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

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Comments (1)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Same up here in Phoenix.  Happy Tuesday, and thank you for the post.  Have a productive day, sell a house. Bill 

Apr 05, 2022 12:31 PM
Cara Marcelle Mancuso

I bet...I understand, Bill Salvatore - East Valley, that PHX is a current magnet for investors who pay cash, leading the nation.  Do you know your percentages??  So interesting...and challenging.  Good selling to you

Apr 05, 2022 12:44 PM