Very Low Inventory in Villages At Aviano
September 2nd, 2011 categories: Desert Ridge Real Estate, Real Estate News, Short Sales
I just put my Amici listing under contract today. It was a traditional sale and the lowest active listing in Villages At Aviano. Now that it is pending, the lowest active listing in Villages at Aviano is a Fiore at $220,000 – traditional sale with tenant in place.
This is a great sign as we head into peak season. This development is very popular among winter visitors. Perhaps we have solidified somewhat of a “bottom” in this community. Clearly it is a huge value at these prices considering the upgrades, amenities and the fact that it is gated.
If you are a seller, this is a good time to sell – of course understanding if you bought new you paid more than today’s values. If you want to sell but feel you cannot due to the mortgage balance you have, then perhaps you would like to consider a short sale on your property. I have successfully closed 75+ short sales and with the current demand for properties, now would be a great time.
If you are a buyer, I have to advise to get off the fence if you have been there. Trying to time the very bottom is very difficult, however the combination of value and interest rates now makes for a hard argument to buy now. Prices could even go up as the winter months come and demand increases more. Toll Brothers consistently sells much higher than the resale market so their is market for higher prices.
Call me if you would like to discuss your situation – happy to share with information about the process and help you determine if it would be right for you.
Have a happy and safe Labor Day Weekend!
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