Thursday, September 6, 2007

Retirement Communities Keep Tucson Home Sales Strong


Just saw an interesting real estate related story on the evening news on KOLD . The newscaster noted the real estate slump that's being felt across the nation is not as evident here in Tucson, and the explanation behind this is the large number of retirees that purchase homes in the Tucson area. Most real estate professionals in Tucson already know this as we have all introduced at least a few home buyers to some of our area's beautiful Active Adult communities. Approximately 35% of home sales are attributed to retirees purchasing in the area. This news is not at all surprising as Tucson and Phoenix both have a large number of age restricted communities with numerous amenities that attract residents from near and far. Sun City and Saddlebrooke are two of Tucson's top retirement communities, and are located in Northwest Tucson. Active Adult communities are extremely popular as they have EVERYTHING available within the community; there's no need to leave unless you need food! Both Sun City and Saddlebrooke have beautiful golf courses, community pools, tennis courts, exercise facilities, arts and crafts centers, numerous club houses; there's just too much to list! And is there a more practical mode of transportation within these communities then the golf cart? I think not. As you drive you'll see golf cart crossing signs everywhere, so be careful and look both ways before you turn!
Though sales in the Tucson real estate market do appear to be a bit slower then in the past two years, home sales in Sun City and Saddlebrooke seem to be right on track with previous years. Most home buyers that are considering these communities don't have many obstacles holding them back. A large percentage of retirees pay cash for their homes, so getting a loan is not a problem. Often it's a matter of making the move away from where they've spent much of their lives. The Arizona climate is a big draw as the warm, dry weather seems to be a cure all for many ailments. And the weather in Tucson is just a lot nicer then the weather you'll find in other parts of the country. No cold winds or icy driveways to slip on; just green golf courses and gorgeous sunsets!

1 comment:

Anonymous said...

Retirement Communities Keep Tucson Home Sales Strong

___________________
Julie
Entertainment at one stop