Contemporary Home in the Cliffs of Tucson


A contemporary home in Arizona was custom-built to blend in with the surrounding desert and foothills of the Catalina Mountains.

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This Arizona custom house is owned by Cary Marmis, 70, a retired real-estate developer, and his wife Fern.The home includes roughly 25,000 square feet of living space.A major reason to build the home as he did, Mr. Marmis said, was to create a venue large enough to host charitable events. He says the home can accommodate several hundred guests for a sit-down dinner.

Though the architecture is contemporary, “we really softened [the design] to fit in with the environment,” Mr. Marmis said.The design was influenced by renowned American architect Frank Lloyd Wright, whose work echoed the kind of natural aesthetic he and his architectural team wanted.

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One of the most impressive things about the home, Mr. Marmis said, is the views. In the north lie the Santa Catalina mountains, and from the south, the home offers views of Tucson.

The home was listed in 2008 for $22 million as a 20-acre property with a different brokerage. It was taken off the market in 2009 and re-listed in December 2011 for $15.9 million. The home is now listed for $15.9 million with Nikki Halle at Russ Lyon Sotheby’s International Realty.

Custom luxury homes like the one above are many in the sunny state of Arizona! So when browsing for new construction homes in Tucson, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy-efficient. Dorn Homes, the most reliable among home builders in Tucson, strives to provide stylish and energy-efficient custom homes in Tucson and other prime cities in Arizona at a competitive price. We will help you pick the right location for your Arizona home.

As a premier Arizona Custom Home Builder, you can also expect Dorn Homes to work with you, respond to your queries, and help you out in any way we can.

Source: The Wall Street Journal

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Distressed Home Sales in Tucson, Arizona


There is a new emerging trend in the mix of distressed home sales versus non-distressed sales in the recent months. Distressed home sales have created an impact on the Arizona housing market.

A distressed property, or what is being marketed as “short sales”, is a home that has a mortgage which a homeowner can’t afford to maintain. Instead of foreclosing, the lender agrees to the sale of the property for less than the loan balance. Because of the lesser value selling price of distressed properties, it creates a downward pressure on properties values on surrounding areas. Purchasing a distressed home is more appealing for a home buyer’s standpoint due to the lower pricing, however the process can be more complex and longer.

Here are trends for distressed vs non-distressed residentail property sales for Tucson:

Tucson Real Estate

What Does It Mean?

According to the article of longrealty.com, “the data above seems to indicate that we are seeing a shift in the Arizona marketplace with a greater percentage of residential transactions being non-distressed sales, with conditions in place for this trend to continue. If so, it would be good news for the continued improvement of local housing including price stabilization and appreciation.

When browsing for new construction homes in Tucson, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy-efficient. Dorn Homes, the most reliable among home builders in Tucson, strives to provide stylish and energy-efficient custom homes in Tucson and other prime cities in Arizona at a competitive price. We will help you pick the right location for your Arizona home. As a premier Arizona Custom Home Builder, you can also expect Dorn Homes to work with you, respond to your queries, and help you out in any way we can.

Real Estate Trends in Tucson


 

Tucson homes

Tucson, AZ – The average cost of real estate property in Tucson, AZ dropped to $84 per square foot, a decrease of 9.7% compared to the same period last year. The median sales prices for homes in Tucson, AZ for December 2011 to February 2012 was $112,000 based on 2,579 home sales. Compared to the same period one year ago, the median home sales price decreased by 11% ($13,900) and the number of home sales decreased by 13.3%.

There are currently 6,090 resale and new construction homes in Tucson on Trulia, including 52 open houses, as well as 5,325 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price of homes for sale in Tucson, AZ was $256,374 for the week ending in March 14, which was unchaged compared to the prior week.

When browsing for new homes in Tucson, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy-efficient. Dorn Homes, the most reliable among home builders in Tucson, strives to provide stylish and energy-efficient custom homes in Tucson and other prime cities in Arizona at a competitive price. We will help you pick the right location for your Arizona home. As a premiere Arizona Custom Home Builder, you can also expect Dorn Homes to work with you, respond to your queries, and help you out in any way we can.

 

Source: trulia.com

 

Prescott Valley on General Plan 2025


Prescott Real Estate

Prescott, AZ – The Planning and Zoning Commission has recently discussed four chapters or fundamentals of the General Plan 2025. The meeting began at 5:30 PM, Monday at the library auditorium, 7401 E. Civic Circle.

The council, composed of six members who act as advisory body to the Town Council, furthers that The General Plan would consist of community goals and development policies for the next 10 to 20 years. These will include texts, maps, and diagrams. Likewise, the commission has already conducted public hearings on chapters 3 through 6 which cover Growth Area Element, Land Use, Housing, and Circulation.

Chapter 3 aims to provide guidance for growth in Prescott Valley that is “logical and healthy”, and will improve the quality of life in the entire community.

Meanwhile, Chapter 4 and Chapter 5 emphasize Land Use and Housing, respectively. Although the latter was reported not to exist in the previous update, it emphasized “the availability and affordability of a variety of housing options [that are] critical for the continued growth and success of any community”.

Chapter 6 tackles Circulation and “focuses on the movement of vehicles, pedestrians, bicycles and other forms of transportation through the existing and future roads and trail system”.

The update has a total of 12 chapters while the rest are yet to be reviewed before the commission.

The news seems favorable to property developers especially that it tackled the establishment of affordable homes in Prescott.

When browsing for sturdy, stylish, and energy-efficient homes, look for Dorn Homes, one of the leading home builders in Prescott. With over 35 years of experience, Dorn Homes has built and designed new homes in Prescott that are both elegant and affordable.

Source: Prescott Valley Tribune

Market Trends in Prescott


new custom homes Prescott

Prescott, AZ – Just recently, the average cost of real estate property in Prescott, AZ increased to $111 per square foot, compared to the same period last year when it decreased by 0.9%.

The median sales price for homes in Prescott AZ for Dec 2011 to Feb 2012 was $195,625 based on 250 home sales. Compared to the same period one year ago, the median home sales price decreased by 4.5% ($9,117) and the number of home sales decreased by 30.2%.

There are currently 1,990 resale and new homes in Prescott on Trulia, including 1 open house, as well as 281 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price of homes for sale in Prescott, AZ was $394,072 for the week ending in Feb 29, which represents a decrease of 1.3% ($5,003) compared to the prior week.

When browsing for new homes in Prescott, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy efficient. Dorn Homes, the most reliable among home builders in Prescott, strives to provide stylish and energy-efficient custom homes in Prescott and other prime cities in Arizona at a competitive price. We will help you pick the right location for your Arizona home. You can also expect us to work with you, respond to your queries, and help you out in any way we can.

 

Visit us at http://www.dornhomes.com/

Dorn Homes – Creativity, Quality and Commitment


Discover why Dorn Homes remains to be the leading custom and luxury home builder in Arizona.

Dave Grounds, Dorn Homes President and CEO, believes that Dorn Homes rises above other AZ new home builders because our homes “have a soul.” We construct new homes in Tucson, Prescott, Tubac, Green Valley and other parts of South Arizona with their future owners in mind. Yes, that means YOU.

I love people and I love creating things. It (home building) is a great mixcture where we get to serve people and we get to create branad new Arizona homes. – Dave Grounds, Dorn Homes President and CEO.

As a luxury home builder in Arizona, we want customers like you to be truly involved in making their dream home. The design layouts and fixtures in new construction homes in Tucson, new homes in South Arizona and other prime locations are easy to customize to fit your needs and budget. We want the construction process to be a pleasurable experience for you. The Dorn Homes customer service is unmatched by other home builders in Tucson. You can reach us anytime as we make sure that our communication lines are always open. You can even monitor the progress of your home construction through our website.

Our business is more than just about constructing properties. Dorn Homes is also about establishing a strong builder-customer relationship and together we can build your dream home.

Arizona acquires $1.6B in mortgage fraud settlement


Arizona officials announced a pair of settlements with large banks over allegations of improper lending and foreclosure practices that will result in more than a billion dollars of aid for struggling homeowners. Arizona’s portion of a nationwide, $26 billion settlement with the country’s five biggest lenders will be $1.6 billion—the third-largest share after hard-hit California and Florida.

Most of the money in that deal, announced Feb. 9 after negotiations by attorneys general across the country, will be paid out by lenders in the form of principal reductions—cutting the amount of money that certain borrowers are responsible for repaying on their home loans. Lenders will also dedicate part of the funds to reducing other borrowers’ interest payments and will issue $2,000 payments to people who lost homes in improperly managed foreclosures.

A second, smaller settlement with Bank of America (BofA) ends a state lawsuit over the bank’s lending practices and will fund consumer protection and future investigation of mortgage lending.

However, the national settlement will not deliver assistance to every struggling homeowner. It applies only to mortgages held by the five large lenders and does not extend to borrowers with loans backed by federal mortgage giants Fannie Mae and Freddie Mac, who make up more than half of all mortgage holders.

Still, federal officials estimate that 60,000 Arizona borrowers could see assistance with their principal or interest rates. The settlement marks the first time lenders have agreed, on any large scale, to forgive money owed by underwater borrowers.

“These settlements will help Arizona homeowners and the state’s economy that is so tied to housing,” Arizona Attorney General Tom Horne said. “I think we are holding banks accountable.”

Only borrowers with loans owned by BofA, Citigroup, the former GMAC (now known as Ally Financial), JPMorgan Chase and Wells Fargo are eligible for aid from the national settlement. The five lenders are responsible for contacting eligible homeowners in the coming month to offer assistance. For additional information, you can head over to azcentral.com.

Considering the amount of work that goes into completing a settlement, it is important to keep these things in mind. Instead of buying a foreclosed South Arizona house for sale, it is wiser to buy a new home in Arizona, especially those built by Dorn Homes, a premier Arizona home builder. Dorn-built custom homes in Arizona are stylish, comfortable, and convenient. Plus, Dorn’s Arizona custom homes are more energy efficient than pre-owned homes, reducing your expenses for utilities. Contact Dorn Homes today!

Strong Bond for Girl and Dog with Type 1 Diabetes


Tucson, AZ – Eight year-old Madalaine Hembraugh and her foster dog, Petey are living proof that the unconditional love of a dog can be an amazing source of strength and resilience for its owner. They each have Type 1 diabetes and have formed a bond that is helping to heal both.

The one-year-old Terrier-mix Petey came to the Humane Society of Southern Arizona as a stray dog. Petey was very skinny, and was barely alive with a severely injured back leg that had to be removed.

After months of treatment at the HSSA Spay & Neuter Clinic, Petey went home with Madalaine and her mom Dr. Karter Neal, veterinarian and Medical Director of the HSSA, to recover in foster care.

Madalaine and Petey test blood sugar levels each night together. Madalaine uses an insulin pump and gives Petey her excess insulin.

“It has really helped. It’s nice to have someone else who has diabetes living here,” says Madalaine.

When Madalaine was diagnosed five years ago, she was the only one in her school with diabetes. Today, six in her school have it.

“She is teaching Petey that you can live a normal life with diabetes, says Dr. Neal. “It’s amazing to see how they have responded to each other.”

Dr. Neal cautions to look out for the following signs in your pet as symptoms of Type 1 diabetes, which is most common in canines: increased urination, drinking of excessive amounts of water or sudden weight loss.

Founded in 1944, the Humane Society of Southern Arizona (HSSA) is a nonprofit charitable organization, funded solely by donations and the services they offer to the public. It does not receive government funding. It stands on its own and saves the lives of thousands more animals than all other agencies in southern Arizona combined.

The active and concerned Tucson community among new Arizona homes is the reason why home builders in Tucson invest in this flourishing state and city. Many newcomers arrive to live in the area where the weather and people are warm and accommodating. Dorn Homes, the most reliable Arizona home builder, builds quality new construction homes in Tucson that contribute to the overall living experience.

(Source: Tucsoncitizen.com)

Blood pressure checks and making new friends at Friends in Deed


Green Valley, AZ – Friends in Deed (FID), Green Valley’s oldest non-profit organization, has started a new program called “Friends in Deed Friday” where you can get your blood pressure checked and meet new friends at the same time.

Launched in early January, the Friends in Deed Friday program offers free blood pressure screenings every Friday. Participants can enjoy an assortment of treats afterwards in a room set up especially for socializing. Goodies like fresh fruits, cheeses, pastries, cookies, and coffee are just some of the free offerings.
In addition, hobbies, artwork or other crafts created by different groups and individuals are shared with the participants every Friday. Jan Travis, a miniature collector and doll-house creator, had on display her replica of St. Francis-in-the-Valley Episcopal Church at one of the screenings. The details of her church—both inside and out—made her creation a wonderful conversation starter at the event.

More recently, Don Moberg and Laura Greenfield, two members of the Green Valley Woodcarvers, a group that also meets at FID, were on hand explaining their craft to those enjoying a snack after their screening. RN Betsey Medearis helped spearhead the program, and so far it has been a hit.

The Friends in Deed Friday blood pressure screenings run from 8:30 a.m. to 10:30 a.m. every Friday at Friends in Deed, 301 W. Camino Casa Verde, Green Valley. Everyone is invited to join and free transportation from Villas East and Villas West is available by calling 625-4424. No wheelchair transportation is available at this time, however. Contact FID at 625-1150 for further information.

The sense of community among the residents of homes in Green Valley is indeed thriving. This is one of the reasons why many people opt to invest in Green Valley real estate and live in beautiful Green Valley new homes. To truly live the good life, contact the best among Green Valley home builders. Dorn Homes, the most reliable Arizona home builder, builds stylish, comfortable, convenient, and energy efficient new homes in Green Valley AZ.

(Source: Gvnews.com)

Trailhead named in honor of Gabe Zimmerman


Tucson AZ – A special ceremony was held on January 4th to mark the naming of the Gabe Zimmerman Davidson Canyon Trail head, in honor of the January 8th shooting victim Gabe Zimmerman. The Pima County Board of Supervisors voted unanimously back in February to name the trailhead for 30-year-old Zimmerman.

Zimmerman and his mother, Emily Nottingham, were members of the Arizona Trail Association. To pay tribute to Zimmerman’s contributions, the association put in the request for the trailhead to be named after him. Family, friends and colleagues who attended the ceremony all agree that Gabe would have been honored because he adored being in the outdoors.

“This is a really special place and I think it’s a terrific idea to have trailhead named after Gabe here. Gabe was all about connecting people with one another and himself,” Emily Nottingham said.
The Arizona Trail Association said they’ve been working to add signs and other tribute areas for Zimmerman and the other January 8th victims.

The sense of community is truly alive in Tucson. Residents are assured that they can fall back on friends and family even in the face of tragedies like last year’s shooting. This is one of the reasons behind the continuous growth of the Tucson community. Many people are investing in Tucson real estate and deciding to settle down in a new home in Tucson. If you are looking to move to Tucson, you should definitely contact Dorn Homes. Dorn Homes is the most notable among home builders in Tucson, Arizona. Dorn-built new construction homes in Tucson, Green Valley, Tubac, and Prescott are stylish, comfortable, convenient, and energy efficient.