We were hopeful that the foreclosure would bring down prices but it didn’t have much of an effect. We were hoping to buy something up there on a nicer lot for around 750-800k but a fixer. When a fixer did come up, it was priced like a showpiece and the seller didn’t want to budge. There are some other short sales in the area but overall I don’t get the feeling that there is enough distress up there yet. Maybe you can find something up there in your price range if you are patient. I don’t think you can go wrong with that ‘hood. Being up high helps with the heat and the schools are great. I think the lower elevation parts of Green Valley have better deals but I don’t think we could have handled the heat.
