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 😎
🌵🏠☀️

 

Tucson Ranks in Top 50 Places to Visit in 2021

Travel And Leisure Rank Tucson Top 50 Places to Visit in 2021
Travel And Leisure Rank Tucson Top 50 Places to Visit in 2021

According to Travel & Leisure, our very own desert jewel Tucson is ranked #45 in their top 50 list of places to visit in 2021. And let’s face it, after 2020 we are ready to spread our wings and fly. For some of us, we don’t have to go far since we already live in paradise!

What They Said

Hotel Tuxon
Hotel Tuxon

T&L acknowledges that while we’ve often been in the shadows of our larger more metropolitan sisters like Phoenix and Santa Fe. However, we were catering to the wellness crowd years before “wellness” was really a thing. Our beautiful rolling vistas are a favorite of spas, outdoor enthusiasts, and artists.  

As beautiful as we are, we are also quirky and filled with personality. The accommodation for out-of-town visitors is unparalleled. From the Tuxon to Hotel McCoy you’re sure to enjoy the personality these venues offer. Or perhaps you’re looking for something a little less commercial. The Joshua Tree House Tucson boasts 5 beautiful suites backed up right next to the Saguaro National Park.  

Did you know that Tucson ranks gold as a bike city? Oh yea, it’s so great for cyclists that a new bike guest ranch is in the works to cater specifically to bicyclists! The Bike Ranch will be Tucson’s first sustainable eco-resort.

Come On Down

Yes, we know that 2021 is halfway over but we are confident that Tucson is going to remain in the top places to visit for years to come. We’ve already been identified as one of the top cities poised for recovery after the pandemic. Don’t believe us? Well, you’ll just have to come visit and make up your mind, it’s okay, we’ll wait.

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.

Tucson Ranked in Top 10 Cities Best Positioned for Pandemic Recovery

According to Forbes magazine, Tucson is one of the top 10 cities in the best position for a post pandemic recovery. Using data collected from Moody’s Analytics they predict the top 10 and the 10 worst cities. “Note that they are sorted alphabetically in order to avoid assigning false precision to our calculations,” Kamins tells Forbes Women.

Tucson is a Top City That Will Recover From Coronavirus
Tucson is a Top City That Will Recover From Coronavirus

Pandemic Recovery Ranking Method

Moodys examines the density of population and compares it against the number of jobs that require a higher degree. They also take into consideration the density of cases across different counties. Those 2 factors alone could indicate why Tucson makes it into the top 10. Because it’s a college town Tucson is overflowing with smart people and has an abundance of open spaces

Some of the other top contenders are Denver (CO), San Jose (CA), and Washington DC. Noticeably these places are also university towns and have beautiful natural resources. Surprisingly Austin, TX did not make this list. Austin is frequently set side by side to Tucson as another blue city in a red state.

Now that the gloating is over we will look at a few of the cities that did not make it. Some of the results may surprise you.

The Have-nots

What do Honolulu (HI), Los Angeles (CA), New York City (NY), and Tampa (FL) all have in common? Aside from being on the top 10 worst recovery cities list? High density, overcrowding tourist traps. Yup, the higher your tourism the more likely you’re in an area heavily afflicted with Coronavirus. They predict that there will be mass out-migration from these densely populous areas towards more sprawling towns. 

Covid 19 is going to loom large in the public consciousness for years to come. For the very young and impressionistic pandemic recovery may always haunt them, much like children of the Great Depression often stockpile non-perishables or hideaway cash money. 

We are certainly fortunate to be in a position where, not only are we poised to recover well, but it’s such a beautiful, and delicious, place to be till then. But, for the foreseeable future, we still have to be vigilant. We have to be willing to do our parts for the greater good. Yes, we are all sick of wearing masks, but for a better future, we must do better now.