Monday, April 12, 2010
The Tucson Multiple Listing Service has released its monthly housing report for March 2010. Below are some highlights: • Monthly Sales Volume is up 62.36% over last month • Monthly Sales Volume is up 25.40% over March 2009 • Total Unit Sales is up 57.76% over last month • Total Unit Sales is up 25.38% over March 2009 • New Listings up 9.51% over last month • New Listings up 15.84% over march 2009 • Pending Contracts increased 9.32% over last month • Pending Contracts Increased 28.23% over March 2009 • Active listings increased 0.89% over last month • Active listings decreased 8.31% over March 2009 Click on the title of this article for a link to the entire report.--- Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 --- Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by Anna-Lise Troup @ 9:46 AM
Wednesday, April 7, 2010
Rancho Sahuarita Music Festival
Saturday, April 10th 10 am -- 4 pm at the Marketplace Come out and enjoy a FREE day of music at the Rancho Sahuarita Marketplace. The event will include performances by: Mariachi Plata, Apocalypso (Steel Drum band), Kafe Music Quartet (Jazz Band), Flipside (County Music Band), and others! Stay for the day or just stop by for a few minutes-this event promises to be a day of great music. Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 --- Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by Anna-Lise Troup @ 6:28 PM
Monday, April 5, 2010
New Construction in Rancho Sahuarita - Inventory Home Available for Quick Delivery
One of my favorite builders in Rancho Sahuarita has several homes available for quick delivery. Get the benefits of new construction without the six month wait! 2347 sq ft, two story - March Completion - $229,672 1999 sq ft, one story – April Completion - $214,299 1981 sq ft, two story - May Completion - $192,590 1633 sq ft one story – May completion - $171,345 Give me a call if you'd like to see one of these homes! --- Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 --- Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by Anna-Lise Troup @ 7:07 PM
New Listing in Tanque Verde Terrace (Northeast Tucson)
TERRIFIC NE LOCATION in established neighborhood near Udall Park, Shopping, Restaurants. 1856sf, 3 bedroom ranch home has vaulted ceilings w/high windows in large living/dining room. Spacious kitchen with breakfast bar opens to family room. Tile in FR, kitchen and entry. Arizona room has tons of storage. Easy care backyard has a POOL and portable spa. SPLISH-SPLASH, just in time for summer! Corner lot provides extra space. Some updating needed but nice home in great area! HURRY..get the $8000 TAX CREDIT! Range price $199,000-$209,000 -------------------------------------------------------------------------------- Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 --- Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by Anna-Lise Troup @ 6:55 PM
Saturday, April 3, 2010
As the April 15 deadline to file 2009 federal tax returns approaches, the National Association of Home Builders (NAHB) is providing answers to some of the questions home buyers are most frequently asking about the home buyer tax credit. “NAHB’s website that provides information about the home buyer tax credit, www.FederalHousingTaxCredit.com, has received more than 8 million visits,” said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich. “We are doing everything we can to make sure home buyers are informed about this outstanding opportunity to benefit from buying a home before it expires April 30.” Some of the more commonly-asked questions, and the answers, include: 1. How does a home buyer claim the tax credit? The credit is claimed when the home buyer files or amends their federal income taxes. For qualifying homes purchased in 2009 or 2010, the taxpayer must complete IRS Form 5405 and attach a copy of the settlement statement. In most cases, the settlement statement is a properly executed Form HUD-1.
In circumstances where a HUD-1 is not provided, such as purchasing a mobile home or a newly constructed home, the IRS will accept an executed retail sales contract (mobile homes) or a copy of the certificate of occupancy (new homes).2. Does the home buyer have to sell their current home in order to qualify for the $6,500 repeat home buyer tax credit? A home buyer does not need to sell their current home in order to be eligible for the repeat buyer credit. They can continue to own both homes, and rent or use their former home for something else, as long as it no longer serves as their principal residence. The taxpayer is required to use the new home as their principal residence, and live in it for at least 36 months, or they will have to repay the credit.3. Do married couples both have to meet the eligibility requirements in order to claim the credit, even if they file taxes separately? Both spouses must fully meet all the eligibility requirements for either the $8,000 first-time home buyer tax credit or the $6,500 repeat buyer tax credit, regardless of if they file joint or separate tax returns. However, if an unmarried couple purchases a home and only one person qualifies, the eligible person may claim the full credit.4. Do all home purchases need to be completed by April 30, 2010, in order to be eligible for the credit? There are two exceptions to the April 30 deadline. If the buyer enters into a binding contract by the deadline, they have until June 30, 2010, to complete the purchase. The deadline has been extended a year, to April 30, 2011, for members of the uniformed services, Foreign Service or employees of the intelligence community who have been on qualified extended duty outside the United States for at least 90 days between January 1, 2009, and April 30, 2010.For more information, visit www.nahb.org. --- Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 --- Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by Anna-Lise Troup @ 12:08 PM
Thursday, April 1, 2010
Tax Credit for Home Buyers - Deadline is April 30!
Following is a summary of the two types of home buyer tax credits: $8,000 FIRST TIME Who is Eligible? The $8,000 tax credit is for first-time home buyers only, defined as someone who has not owned a principal residence for the last three years. How much can I receive? The tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000. What are the effective dates? Your must contract for your new home by April 30, 2010 and close by June 30, 2010. $6,500 MOVE-UPWho is eligible? The $6,500 tax credit applies to buyers who have owned and lived in their previous home for five consecutive years out of the last eight. How much can I receive? The tax credit is equal to 10% of the home's purchase price up to a maximum of $6,500. What are the effective dates? You must contract for your new home by April 30, 2010 and close by June 30, 2010. Active duty military personnel may qualify for extended deadlines of up to a year, depending on circumstances. Contact Anna-Lise Troup at 520-906-5659 for additional information. --- Anna-Lise TroupTucson REALTOR/Davis-Monthan AFB PCS Expert Realty Executives (520) 906-5659 --- Tucson Real Estate, Condos, Homes for SaleFree Relocating to Tucson, AZ Information KitDavis-Monthan AFB Relocation Information---
# posted by Anna-Lise Troup @ 11:10 AM
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