Quail Creek Homes | Russ Fortuno, Tierra Antigua Realty

Blog

Buyer & Seller Tips • Real Estate News • Market Trends

Quail Creek Real Estate Market Update
August 1, 2026

by

Quail Creek Real Estate Market Update

Hello, August! Here’s the market update for the July month-end. We end the month with 48 active listings in Quail Creek, down from a high of 83 at the start of June — 44 are single family homes, 4 are Villas. There were seven new listings in July, seven listings went under contract, and 12 listings closed escrow.

In addition, 19 listings have been taken off the market since July 1 (expired or cancelled). Many of those were winter/spring listings that have not yet sold; expect to see many of those back on market for the fall season.

There have been 106 closed sales in Quail Creek so far this year, up from 99 at this point last year — a 7 percent increase in sales so far this year.

July was as expected, and we experienced the typical summer slowdown in the market. We saw seven sales last month, and nine in June. With the lower inventory right now, current sellers are in a better position with less competition, but expect to see a surge of new and returning listings over the next four weeks. It’s important to watch these new and returning listings, as pricing may be more attractive, elevating competition for buyers.
Continue Reading

Filed Under: Market Trends

New era at the Fed: Warsh confirmed as Chair

by

Kevin Warsh was confirmed by the Senate on May 13 as the new chair of the Federal Reserve, replacing Jerome Powell. Warsh previously served as a Fed governor from 2006 to 2011 and will now lead the central bank during a period of ongoing inflation concerns, economic uncertainty, and debate over future interest rate policy.

While the President has pushed for lower rates, the Fed has so far kept rates steady this year after several cuts in late 2025. Some Fed officials have warned that rising inflation and higher energy prices could still require tighter policy if inflation does not continue easing.

For interest rates, Warsh’s leadership adds uncertainty to the outlook. The Fed chair does not set rates alone, but markets will closely watch whether the Fed becomes more supportive of future rate cuts or remains cautious about inflation. If inflation continues to cool, mortgage rates could gradually move lower later this year. However, persistent inflation or rising energy costs could keep rates elevated longer.

Filed Under: Market Trends Tagged With: ,

A ‘Complicated’ Economy:
Why Buyers Are Hesitating in 2026

by

The U.S. economy is sending mixed signals right now, and that uncertainty is shaping buyer behavior in a big way. According to Lawrence Yun of the National Association of Realtors, the economy is neither booming nor in decline—it’s somewhere in between.

On paper, things look strong. The S&P 500 has reached record highs, and unemployment remains below 5%. But beneath those headlines, consumer confidence has dropped sharply. Job growth has slowed, and concerns about artificial intelligence and political division are making many Americans uneasy.

Yun describes this as a “K-shaped economy,” where some households are doing well while others are feeling financial pressure. That divide is creating hesitation—especially when it comes to major decisions like buying a home.

This helps explain why the housing market hasn’t seen the surge many expected. Even when mortgage rates briefly dipped earlier this year, buyers didn’t jump in at the levels predicted. The reality is simple: confidence matters as much as affordability.

The takeaway? Today’s market isn’t stalled — it’s cautious. Buyers are watching, waiting, and weighing their options more carefully than in past years.

Filed Under: Market Trends Tagged With: ,

Mortgage Rates, Fed Moves & What’s Next for Housing

by

Mortgage Rates, Fed Moves & What’s Next for Housing

Mortgage rates remain the biggest driver of today’s housing market — and expectations have shifted.

Earlier forecasts suggested rates might average around 6 percent this year. Now, projections are closer to 6.5 percent, with the potential to reach 7 percent if energy prices stay elevated. Global events, particularly rising oil prices, are playing a major role in keeping rates higher.

Even so, Lawrence Yun, chief economist of the National Association of Realtors, does not expect a return to the extreme mortgage rates of past decades. Today’s economy is more energy efficient, which helps prevent the kind of spikes seen in the 1970s.

Meanwhile, the Federal Open Market Committee is under pressure to act. With possible leadership changes at the Federal Reserve, there is growing speculation that interest rate cuts could happen later this year. Yun suggests a potential 50-basis-point cut this summer, though timing will depend heavily on inflation trends.

So what does this mean for the housing market?

Home sales started the year slower than expected, leading to a revised forecast of about 4 percent growth instead of the originally projected 14 percent. Still, demand hasn’t disappeared—it’s just more sensitive to rates and economic uncertainty.

The bottom line: this is a market driven by timing, but not in the way many think. Trying to predict the perfect moment may not be as important as being prepared when the right opportunity appears.
In today’s environment, readiness — not perfection — is what wins.

Filed Under: Market Trends Tagged With: ,

Don’t Wait for the ‘Perfect’ Mortgage Rate

by

Mortgage rates have been easing since late March, and that means more buyers will come back into the market. While it’s tempting to wait for rates to drop further, the reality is they move unpredictably — and small changes rarely make a big difference in affordability.

Waiting can actually cost more. As rates fall, buyer demand increases, leading to more competition, fewer homes, and potentially higher prices. A slightly lower rate won’t help if the home you want becomes more expensive or unavailable.

The smarter approach is to focus on readiness. If your finances are in place and you’ve found the right home, locking a rate gives you certainty and allows you to move forward with confidence. And if rates drop later, refinancing is always an option. Plus, there’s plenty of inventory right now, so it’s a good time to find most of what’s on your home buying checklist.

Bottom line: don’t try to time the market — be ready to act when the opportunity is right.

Filed Under: Market Trends, Tips for Home Buyers Tagged With:

Mortgage Rates Drop Slightly

by

Mortgage Interest Rates

The 30-year fixed rate mortgage (FRM) averaged 6.21 percent as of December 18, 2025, down slightly from last week when it averaged 6.22 percent, according to the Freddie Mac. A year ago at this time, the 30-year FRM averaged 6.72 percent.

“The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months,” said Sam Khater, Freddie Mac’s Chief Economist. “With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.”

The 15-year fixed-rate mortgage averaged 5.47 percent, down from last week when it averaged 5.54 percent. A year ago at this time, the 15-year FRM averaged 5.92 percent.

Filed Under: Market Trends Tagged With:

Featured Listing:
2348 E. Madera Plateau Dr., Green Valley AZ

by

SOLD

3 BR Suites, 3.5 BA, 3 car garage, Pool
Photos and Listing Details

Resort living as it was intended! This magnificent Tesoro model in Quail Creek offers breathtaking desert and mountain views, impressive outdoor living w/ travertine patios and pebble sheen pool, and commands the most discerning buyer!

Inside this 3 BR, 3.5 BA home is a clean, contemporary aesthetic, gorgeous wood floors, upgraded cabinetry, and stunning granite throughout. The stately foyer leads to an open concept great room with center opening sliding glass door to the patio, built-in cabinetry and dry bar. The kitchen boasts a grand island, stainless appliances, gas cooktop, butlers and walk-in pantry. Dining area off kitchen with a second slider to the covered patio.

Extended owner’s suite w/ huge walk-in closet, dual vanity bath w/ tile floors, granite surfaces, walk-in curbless shower. Your guests will enjoy spacious, private bedrooms w/ en suite baths and walk-in closets. The extended outdoor living space is ideal for entertaining, with travertine patios and decking surrounding a shimmering pebble sheen pool. Bonus features include upgraded fans and lighting, separate powder room; large laundry with utility sink and abundant storage; central vacuum; full 3 car, extended length, insulated garage.

Whether enjoying your morning coffee, or a glass of wine at dusk, you’ll never tire of the amazing views and ever changing colors of the Santa Rita mountains. Compare this gently occupied home with the cost of building new, and it’s a no brainer! Come experience resort living, first class amenities and championship golf at Quail Creek!

Filed Under: Quail Creek Tagged With:

Real estate is still the best long-term investment

by

Real estate is still the best long-term investment

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision.

According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:Continue Reading

Filed Under: Home Ownership, Market Trends Tagged With: , , ,

What’s next for home prices and mortgage rates?

by

What’s Next for Home Prices and Mortgage Rates?

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out. The only thing you can really do is make the best decision you can based on the latest information available. So, here’s what experts are saying about both prices and rates.

1. What’s Next for Home Prices?

One reliable place you can turn to for information on home price forecasts is the Home Price Expectations Survey from Fannie Mae – a survey of over one hundred economists, real estate experts, and investment and market strategists.

According to the most recent release, experts are projecting home prices will continue to rise at least through 2028 (see the graph below):Continue Reading

Filed Under: Market Trends Tagged With: ,

It’s official: No asphalt plant near Quail Creek

by

It was standing room only at Wednesday night’s Sahuarita Town Council meeting as opponents of a proposed hot-mix asphalt plant got the news they’ve been waiting 15 months to hear: Vulcan Materials has dropped its bid for the plant a half-mile north of Quail Creek.

The council made it official in a unanimous vote on a resolution that allows Vulcan to continue its mining operation while agreeing it will not now or in the future seek to put any type of asphalt plant on the site.

The agreement, which takes effect in 30 days, stays with the land, meaning if Vulcan sells the property the new owner would also not be allowed to operate an asphalt plant.

Via: Green Valley News

Filed Under: Quail Creek

agent photo

Russ Fortuno, Associate Broker

I'm a Southern Arizona native and Quail Creek resident. Whether you’re buying or selling a home in Quail Creek, you’ll experience unsurpassed service and professionalism at all stages of your real estate transaction. I welcome the opportunity to assist in your next home sale or purchase.
Meet Russ

Tierra Antigua Realty

18745 S. I-19 Frontage Rd., Ste. A105
Green Valley, AZ 85614
(520) 333-0446
Contact Russ