TUCSON, Ariz. (KOLD News 13) - Despite being in the midst of a pandemic with historically high unemployment, the housing market is booming.
Gladden Farms, a master-planned community in Marana, is a good indicator of what the housing market in this area looks like.
“The project is moving at a pace that it hasn’t seen since before the great recession, so you are literally talking about 14 years ago. It has certainly been a quick turnaround,” said Dean Wingert, a vice president with Crown West Land Group.
Wingert said Gladden Farms has more than 2,000 homes.
“Just within the last two months, we have sold over 300 lots to home building companies,” Wingert said.
Wingert said despite home builders virtually taking March and April off