This really depends on each potential renter/buyers situation. There are many variables here, if they can obtain a loan and plan on living in Tucson for the next 2-3 years, it may make more sense to own. A person can Google this question and get many answers. There is the pride of owning your own home that someone cant put a dollar figure on, tax write off (which your CPA can) and etc. If a person is only going to be living here a few months, renting might make more sense or if they cant obtain a loan for various reasons, renting may make more sense.
Any potential buyer should get pre-approved with a local lender. There should not be an obligation or a cost to this and if you don't qualify for the loan or loan amount you want now, they can show you a blueprint of what to work on so that home ownership can be part of your future.
Next, start a relationship with a local Realtor.
Best of luck.
Spirit Messingham, PLLC
3rd Generation Full-Time RealtorÂ®
Tierra Antigua Realty
Direct (520) 471-6900
Fax (866) 365-5208