Archive for November 25, 2007

New Buyers got a Terrific Buy in Sabino Mountain

There are some fortunate buyers of an over 1,800 square foot one-story Pepper-Viner home that has 4 bedrooms and 2 baths. This very pretty N. Little Rock home sold for $335,000. A year ago it was very difficult to find a home in this neighborhood for under 400K. It is great for the buyers who got a very nice single family home that is almost new and is located in a premier Foothills community at a townhouse price. 2007 has proved to be the year where there were many major price adjustments in Sabino Mountain. It is likely that these prices have bottomed out and are likely to go up in 2008. For the buyers who are out there waiting for the golden opportunity at Sabino Mountain, now is the time to buy or it is likely you will pay more next year. Foothills prices show signs of stabilization with less inventory than a year ago and more pending sales.

Some Good Deals are to be had in Sabino Mountain

There is a home on top of the ridge on Sabino Mountain Drive that just had a fall through; it is back on the market and is a beautiful home priced at less than 1 million. There is also a home that is priced around 400K that has over 2500 square feet, a three car garage and a small pool along with a long list of upgrades. These deals would have been unheard of a year ago. So those of you who have been looking for the opportunity to buy a ridge top Sabino Mountain home for under a million or have been looking for a family size house for about 400K should hurry up before they are scooped up!

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