“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Tucson New Homes are very affordable

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.

Posted Wednesday Apr 30
(04/30/08 12:17PM) — Nathan Scott

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!

(05/01/08 05:55AM) — Mike Jones

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

Post a comment

Temporarily disabled — coming soon!