Tucson Makes the Top 10 Hidden Gems Market

Tony Ray Baker
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Tucson Makes the Top 10 Hidden Gems Market

Hidden gem in a pile of rocksWe all know that Tucson is amazing but it’s always great to hear it mentioned by outside sources. This time Tucson made the top 10 list of hidden gems by the National Association of Realtors for 2022. Let’s look at what qualifies as a hidden gem market.

What is a Hidden Gems Market?

According to the NAR a hidden gem market has “strong underlying housing market fundamentals but where home prices are undervalue and relatively affordable. As such, these hidden gem markets are expected to experience stronger price appreciation in 2022.”

There’s a more technical definition with numbers, income indicators, technical jargon, etc. But the basics are Tucson is undervalued and still relatively affordable. Now some might argue that locals are getting priced out by cash buyers. Usually from other states looking for “investment properties.” That is indeed happening. But, the fact that Tucson is still a hidden gem is the important part for locals.

What They Said

“Tucson is very affordable in comparison to Phoenix. As of 2021 Q2, the median property value was $261,046. This is equivalent to 3 times the median family income in comparison to the median property value in Phoenix, $364,186, which is 4.3 times the median family income. Among the top 10 undervalued markets, Tucson had the third-largest net domestic migration in 2020, at 10,778 (next to Dallas and San Antonio). Due to strong population growth and net domestic migration, home prices rose at a 3-year cumulative rate from 2018 Q2—2021 Q2 of 23.6%, outpacing wage gains of 15.6%.”

What we heard was, Tucson is better than Phoenix! Tucson is more affordable than Phoenix. And Tucson is up and coming and ready for a population boom! Now is the time to think about your current home and what your needs might be in the future. Is it time to upgrade? If the answer is yes, or even a maybe, I can help make those dreams a reality.

Download a PDF of the Top 10 Hidden Gems of the Housing Market in 2022!

Have a great day!
Darren & Tony Ray 😎
🌵🏠☀️

 

Best City for Creatives, Writers and Artists

Tony Ray Baker
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Best City for Creatives, Writers and Artists
Tucson Voted Best City for Artists and Creatives
Tucson Voted Best City for Artists and Creatives

10 Cities That Creatives Should Move to That Are Not NYC or L.A.

With lush areas, that cater to rich people and a happening downtown attracting young adults in groves,  you’d never imagine it, but Tucson, Ariz. is becoming a great place for up-and-coming creatives to live.

Home to one of the country’s most fun party schools, that is paradoxically studious– The University of Arizona has been attracting the best and the brightest creatives to Tucson for years. Artists of all types who are catering to younger crowds are flourishing. But the city is also slick with wild wild west, cowboy, gunslingin’ desert history perfect for the budding mystery novelist. While the sun is down and the co-eds are at play, the thriving downtown music scene wherein artists like Calexico were born offers cheap amenities to up-and-coming bands plus primo weather for open-air shows and lugging gear back-and-forth as you please.

Located so close to L.A., San Diego, Las Vegas and Phoenix, Tucson has become a must-stop destination for all the big name musicians traveling through. Imagine seeing your favorite artist or DJ in an intimate venue with your closest friends? A luxury, a small, big city like Tucson can afford.

Tucson is quickly establishing itself in the technology world

Collaborative work spaces, trendy internet cafes, hole in the wall gems decorate the thriving, growing downtown area where you’ll find artist studios, galleries and performance venues. The magic of building community is a blossoming value to be discovered. There’s a reason they say Tucson is a small town in a big city.

Ramshackle mid-century hotels line the downtown streets and create an air of playful adventure. The historic, local favorite, Hotel Congress comes packaged with a story about being John Dillinger’s hide-out, a venue, and diner vibes near the trendy 4th Avenue.

Just imagine that Phoenix is like Dallas and Tucson is like Austin, only in a much cooler area, because, hello? Road trip to SoCal, and Las Vegas!

Complex.com’s list of the 10 Cities That Creatives Should Move to that aren’t LA or NYC:

  1. San Juan, Puerto Rico
  2. New Bedford, Mass.
  3. Providence, R.I.
  4. Tucson, Ariz.
  5. Athens, GA
  6. Hartford, Conn.
  7. Santa Cruz, Calif.
  8. Santa Fe, New Mex.
  9. Louisville, KY
  10. Big Sur, Calif.

Download Complex.com's List of the Top 10 Cities Creatives Should Move To

The 10 Cheapest Places for Millennials to Live

Tony Ray Baker
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The 10 Cheapest Places for Millennials to Live
The Hub - Downtown Hot Spot for Millenials, Cheapest Places for Millennials to Live
The Hub - Downtown Hot Spot for Millenials

10 Cheapest Places for Millennials to Live

Housely.com published an article, The 10 Cheapest Places for Millennials to Live in the U.S. where they considered data about cheap housing, availability of jobs, and social + cultural advantages.

In the past, New York City and Silicon Valley were enticing millennials in groves with fast paced tech jobs and other business opportunities; unfortunately, housing prices were so high (and they still are!) that millennials had trouble finding affordable housing and those with dreams of home ownership had a difficult decision to make and the opportunity cost was high. But now people are saying that Tucson may be the next Silcon Valley.

On the flip side, Florida is known to have an abundant affordable rental housing market, but the retiree demographic and job availability makes it a less desirable long-term destination for millennials.

Young people today are being challenged to think-outside-the-box and find destinations that will offer a more complete package and Tucson definitely does.

Without further ado, The Cheapest Places for Millennials to Live:

10. Austin, TX

9. Dallas, TX

8. Louisville, KY

7. Columbus, OH

6. Dayton, OH

5. Wichita, KS

4. TUCSON, ARIZONA

3. New Bedford, MA

2. Sioux Falls, SD

1. Cape Canaveral, FL

“With a median one bedroom apartment price of $540, it’s no wonder that Money rated Tucson number 4 of their best places for millennials. The article credits the city’s revitalized downtown area and ethnic restaurants as a draw for young renters. Tucson’s job growth is expected to rise 11% over the next five years.”
We’ve done the research and this isn’t an all-encompassing description of why Tucson is one the cheapest places for millennials to live. Did you know we have one the lowest point of entry housing markets in the country? Boasting many programs to help first time home buyers and some the lowest homeowners insurance prices making Tucson a great place for someone just starting out to start their life.
Tucson also has an abundance of art, culture, and a very fun and hip downtown. There’s an abundance of nature– to hike, climb, ski and explore and there are a lot of other amazing places that are a short road trip away like: Las Vegas — 4 hours, Phoenix– 1.5 hours, Rocky Point, Mexico (Where you can rent entire beach front houses for the weekend for a couple hundred dollars)– 4 hours, San Diego, CA– 6 hours, and Showlow, AZ (home of Arizona’s biggest ski & snowboard mountain)– 4 hours.
This is only the tip of the iceberg… If you have questions about art, culture, or housing in Tucson please contact me– I’d be happy to help you however I can.
Download the 10 Cheapest Places for Millennials to Live

National Geographic Mentions Tucson City of Gastronomy

jamesportis
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National Geographic Mentions Tucson City of Gastronomy
Well, well, well… All of us locals know that Tucson is known for its amazing Mexican food, but now there’s recognition from National Geographic! We, of course, have a great selection of Tucson accolades, here is a collection of our food-related ones. If you want to jump straight to restaurants we love, you are more than welcome to do so. Back in 2015 Tucson was awarded the first US city with the Capital of Gastronomy designation and joined the UNESCO Creative Cities Network. Naturally, we covered the decision here, and so did the Smithsonian Magazine. The Gastronomy award is not the only foodie mention we’ve got. Not by a long shot.
La Estrella Bakery Recognized by Washington Post for Pan De Muerto
La Estrella Bakery Recognized by Washington Post for Pan De Muerto

Not Just National Geographic

Just recently the Washington Post recognized La Estrella Bakery for their amazing pan de muerto and other traditional Mexican treats. Also, Forbes magazine mentioned local Carlotta Flores of El Charro as one of 50 over 50 to keep an eye on. She has several Charro restaurants, all with a slightly different spin and all delicious. We also love Tucson Meet Yourself, colloquially known as “Tucson Eat Yourself.” Here you will find not only amazing Mexican food but food from all over the world. All brought to you by Tucson citizens sharing their cuisine, a melting pot if you will. A pot you can eat a lot of great food out of. Pretty please don’t take our word for it. Come check us out, we are so much more than the food. There are dozens of reasons to visit Tucson whether it’s our spectacular sunsets or the hiking trails. Are you in town for a celebration? Be sure to pick up some local beer & wine for an intoxicating taste of the area. Thinking of retiring here? It’s a good choice, Tucson is rated one of the best for retirement living. Whatever brings you here, we’re certain you’ll want to stay. https://seetucsonhomes.com/wp-content/uploads/2021/12/National-Geographic-Traveller-Food.pdf
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