Tucson Location Characteristics: Tucson is located Southeast to Arizona. Tucson is flanked by the Santa Catalina and Santa Rita Mountain; It is a valley surrounded by mountain ranges. Tucson is a rapid developing and a tourist center. Its dry, sunny, and extremely hot climate attracts vacationers and health seekers. Tucson is in the middle of the Sonoran Desert and is almost surrounded by National Parks and protected areas, Wildlife and natural beauty is everywhere.
The weather is excellent in Tucson with about eight months of nearly perfect conditions, sunny and cool. The other four months range from quite warm to very hot. Pollution is very minimal to almost negligible. The mountains provide ample amusement for hikers, bikers, camping, and off – road driving. It also offers a nice, chill escape from the summer heat. One could drive up the mountain and stretch 9000 feet in the midst of pine trees in about 45 minutes. A beautiful, little mountain-town called Summer-haven and a Ski Resort are near the top.
The best known sports of Tucson are Bicycling and Golfing and the city caters to both. Tucson now has 38 golf courses.
As on December '06 – there are 9409 active listings on the market. Prices have dropped an average of 5.58% since last year, but have actually risen slightly since last month.
Tucson has developed enormously in the past ten years and now accounts for over 900,000 people. Very large malls and shopping areas stands in the more populous parts of town and new construction for both businesses and residential projects continues strongly.
TUCSON has long been a favorite destination for Active Adults and Retiree's due to the moderately sufficient priced homes and low taxes. Active adults are attracted to this area because of its warm weather and almost daily sunshine, which allows them to relish their deary outdoor activities year around. Homes are reasonably priced and range from the high $200's to over $1 million with the average price being $268,408. There is a good number of homes available, & prices are stable. Certain areas show continued strong demand, such as the South and Southwest growth areas; where growth continues to be very strong. Likewise Central Tucson reflects a "neutral" market, neither favoring buyers nor sellers.
Economy: University of Arizona is the second largest employer in the city. Advanced technology companies like Raytheon – missile systems, Texas instruments, IBM, America Online, Universal Avionics, Misys Healthcare Systems – all have key role in Tucson's economy. Nearly 150 Tucson companies are in the optics industry; which is earning Tucson the nickname “Optics Valley”. Tourism is another major industry of Tucson. It has many resorts & hotels attractions. Significant number of winter residents are attracted which contributes to the local economy.
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