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

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.

IFEA Award Kudos to Tucson, AZ

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IFEA Award Kudos to Tucson, AZ!

IFEA Award Luncheon in Tucson, AZ
IFEA Award Luncheon in Tucson, AZ Photo: Dawn Vandaveer www.Prototypes-v3.com

Congratulations are in order, once again, for Tucson, Arizona! Winning the IFEA Award (International Festivals & Events Association) for 2017.

Recently, FEATSAZ (Festival & Events Association of Tucson & Southern Arizona) submitted the video (above) to the IFEA for review.

After reviewing the video, beautiful Tucson, Arizona has met the IFEA’s most highest standards. And in doing so, on Thursday, September 14th, at 1:30 PM the IFEA officially designated Tucson as a World Festival & Event City!

This event took place at the 62nd Annual IFEA Convention, Expo & Retreat at the prestigious J.W. Marriott Starr Pass. This is the third year in a row Tucson has been host to the IFEA Convention and most likely the last in the region for some time to come.

Nevertheless, on top of Tucson becoming the first city in the United States to be recognized as a UNESCO World City of Gastronomy, winning the IFEA Award, for 2017, is a great honor and another huge success for our city! We love you, Tucson!

More about the IFEA:

The main focus of the IFEA is to identify and provide services for those organizations that put on festivals.   More specifically, organizations that create and run quality festivals and events that support their communities in a positive way.

In Tucson, that organization is FEATSAZ (Festival & Events Association of Tucson & Southern Arizona).  FEATSAZ deserves a big kudos for their ongoing work for our community.  They should get an even bigger high five for their video and pdf submission to the IFEA that helped Tucson win the renowned award.

Great job to everyone at FEATSAZ and thank you.

Have a great day,
Tony Ray

P.S. Shout out to my ghost-writer “Gonzo” for writing up this piece.
Also, Please check out these other great Tucson Accolades.

The Most Underrated City: Tucson

underrated cities

 Most Underrated City: Tucson!

Tucson made Travel & Leisure’s List of the Most Underrated Cities. In fact, Tucson was ranked #3 on a list of 31 underrated cities.

It’s not all wild, wild west culture and year-round golf in this laid-back, nature lover’s paradise; With a population of 500,000+, Tucson has much to offer residents and vacationers alike.

Tucson’s natural beauty is enhanced by the magical weather patterns. Monsoon rain storms, rainbows, breath-taking sunrise and sunsets that always astonish locals and tourists alike.

Surrounded by mountains and The Saguaro National Park, Tucson attracts all kinds of outdoor enthusiasts. The Tucson mountains bring together hikers, cyclists, rock climbers, bird watchers, storm chasers; all thrilled with what Tucson has to offer.

Downtown Tucson has an amazing list of attractions. Decade-long efforts to redevelop the area have resulted in top-rated restaurants for one. Tucson was also named UNESCO’s City of Gastronomy for one reason; the restaurants. Restaurants like The Downtown Kitchen + Cocktails and Poca Cosa.

In 2015, Tucson was even given this prestigious award for being a foodie’s paradise. Tucson was the first city in America to receive this honor. The city was also rated as most playable city for kids and families.