Dive summary:

• Lennar Homes and Richmond American Homes has sent signals that they see the Tucson market as being on track to resume growth.
• Lennar has purchased 108 finished lots in the master-planned Star Valley community on the southwest side of Tucson, paying $28,000 apiece, or $3.02 million in total.
• In Pinal County, to the north, Richmond American bought 125 lots in a subdivision called Eagle Crest V, paying $14,840 for each lot there, or $1.86 million in total.

From the article:

This is not Lennar’s first foray into the Tucson single-family market; in 2010, the company purchased 123 finished lots in block 13 at Star Valley for $22,500 per lot. ...