It’s a brilliant time to purchase new or existing real estate in Pima County, according to experts within the industry. Ginger Kneup of Bright Future Real Estate Research is confident in the potential for the county as a whole, pointing to a 12 percent jump in homebuilding, from 1,025 to 1,150 new home permits in the region from January to April of this year over the same period a year ago. Kneup believes the steady growth spurt stems from the region’s ability to lure new businesses, such as Caterpillar, as well as the expansion at the Raytheon facilities as key to the development splurge. She also believes that the city and county have done a good job of addressing excess building regulations that have slowed such growth in the past.
Source: Tucson Local Media