Housing in Rancho Sahuarita Experiencing Strong Recovery

Rancho Sahuarita continues to see gains on the path to housing recovery, showing increases not only in facts and figures, but also in the vast number of new families that come to call the community home.

For the first half of 2013, the community has seen increasingly positive signs, aided in part by factors such as increased demand, lower interest rates, and declining inventory. Factors unique to Rancho Sahuarita, such as the many excellent communities provided by the home builders- Maracay Homes, Richmond American Homes, and DR Horton Homes-, its proximity to retail, commercial and employment opportunities and an award-winning school district, and the highly amenitized lifestyle that its residents have the opportunity to experience, help its recovery further.

Thus far in 2013, the community has experienced an increase in home sales and closings. Closings of existing homes are also experiencing a sharp increase. Additionally, home prices in Rancho Sahuarita have been on a steady increase. Pending foreclosures and foreclosure notices in the community, on the other hand, have shown a decrease. Increasing financial security, stronger market conditions and more consumer-friendly banking policies help to keep more residents in their homes and help to curb the foreclosure rate.

The majority of sales in Rancho Sahuarita come from referrals, or from move-up buyers who already have lived in the community but are interested in moving to a larger or newer home. Both of these facts speak to residents’ satisfaction with the amenities and lifestyle elements that the community offers, like the parks, pools, Clubhouse, and many classes and clubs that they get to enjoy.

Looking forward into the next half of the year, encouraging signs continue to reinforce the idea that Rancho Sahuarita is poised to see a bright future.