From: jrf30@aol.com (JRF30)
Newsgroups: misc.invest.real-estate
Date: 29 Nov 2004 02:40:16 GMT
Subject: Re: Tucson Housing Becoming Like SoCal

>prices in hell-hot Tucson are still a lot lower - the houses
>we looked at yesterday were comparable in size and price to the house
>I bought in SoCal in 1997)

Not even close.  They are still cheaper than houses in SoCal were in 1987, not
1997.

>at this rate the cookie-cutter houses
>we saw on postage-stamp-sized lots will be selling for $1,000,000.

never happen.  Not in our lifetime at least.  not even Phoenix is getting that
high priced for houses similar to what is in Marana.  It may get there someday
(Phoenix) but it will get there long before Marana gets there.  

>I can buy 2 or 3 Tucson houses for the price of 1
>SoCal house

If you can't get FIVE houses for the same price as one SoCal, then you are not
looking hard enough.

Tuscon is warm. not hot.  But, not 1/3 of SoCal, not by any means.  And,
Phoenix is a hotter market than Tucson right now, and has grown faster than
Tuscon in 2004.

JOhn