Hi Rita,
I lived in Saddle Creek and loved it. The neighborhood consists of about 500 homes. There are two phases within the neighborhood. People will ask "are you on the new side or the old side". The newer side has larger homes and are priced higher. When looking at values, make sure you know which side...it does make a difference.

Property values have declined all over the country but Roswell is a very sought after city and Saddle Creek has a great reputation (Chatham built). If I were you, I'd go for it. They jsut don't make them like they used to.

Rita -

I just answered your other question regarding Saddle Creek - I've sold and appraised in there and would be happy to give you specific opinions.

Hank Miller, SRA, ABR
Associate Broker & Certified Appraiser
Prudential GA Realty
678-428-8276

HI Rita,

I live only a few minutes from Saddle Creek and think it is one of the most wonderful places to live. The school are great and you are so close to everything!! Because there still are many original owners in Saddle Creek there may be many homes in need of updating. Buyer's are very picky in this market and are mostly looking for homes with all the modern updates and conveniences. If you are willing to buy in a wonderful neighborhood like Saddle Creek and have already found a home you like and fits your needs...you need to find an agent to help you and make an offer ASAP!! The values will not be this low for long and with all the incentives out there like low interest rates and first time homebuyer credits it will just be a matter of time when you will be kicking yourself that you didn't jump on it when you had the chance!!

Saddle Creek is a very desirable community and I say you should focus on what fits your needs and go for it!! 5 years down the road you will be happy you did!! I would love to be your neighbor!!

If you need more help or have any other questions please call or email me as I would be happy to assist you,

Lisa Allen, REALTOR
404-925-8261
Prudential Georgia Realty
LisasListings@att.net

http://www.LisasHomeListings.com

This is where a professional agent can help the most. What many don't realize is that even if much of the data about home sales is available on the Internet, an agent is supposed to add value to the transaction by knowing how to evaluate and interpret that data as well as insight based on being involved on both sides (as buyer and seller) of transactions in the local market that they service. Real estate markets are very local and there are some neighborhoods that have declined in value by as much as 80% in the past year while others have actually appreciated (yes, you heard right - there are some areas that have even gone up in value). It's important to see what is going on in Saddle Creek specifically. If I were working with a client in this neighborhood, I'd want to look specifically at whether this neighborhood has declined more than the surrounding neighborhoods in the same area or if it's in line with the decline that most of us are feeling today due to market conditions. Also, if it did decline excessively, was it an excess of foreclosures that brought down the values or was it one desparate seller that sold too cheap to get out quickly. These are all good indicators of how quickly the neighborhood could potentially get back on track value wise as market conditions begin to improve. Furthermore, is this particular home a "too good to be true deal" for the subdivision. If this home is priced lower than the neighborhood that could be a red flag that there is something wrong with the home. You should also find out if it's a short sale. Many short sales carry unrealistically low price tags and your offer would sit pending bank approval for potentially a very long time - only to find that you get a counter offer back several months down the road for significantly higher than full price. Please call me at 678-520-3113 and give me a chance to explain to you how I could add value to your transaction and how my professional services can make this entire process easier and safer for you without any additional out of pocket expense to you.

Home prices are an all time low. Money is basically free at sub 5% interest rates. Now is the time to buy. If you by when values are increasing you will be paying too much. If you want to wait to buy and pay the highest price possible, wait for 5 year. If you want to take advantage of a falling market, buy now. Just make sure you buy 5% below appraised value and you have room for the market to decline some before it rebounds. Are you planning to sell in the next 24 months? If not, then it doesn't really matter what the market is doing. You want a place to live and it sounds like you've pinpointed a neighborhood you like. Now, just hire a great agent who can negotiate you a fantastic deal and you will not be upset 10 years from now you bought a home in this market. Good luck.

Sincerely,
David Brower, Assistant Manager/Realtor
Crye-Leike Realtors
678-982-9600
david@davidwbrower.com

If you located a home in the middle of the desert and your Gut tell you this is Home, It's Home !!!. Values are declining in all areas and yes, it will increase. Who can say when? However, it will.. The quality of homes and yard sizes are great. Consider all factors Schools, Commuting, Home value trend for Saddle Creek Dr. decreased due to Life's circumstances over the last year from $330k - $250k. Overall it's a great neighborhood. Think of it like this, if you plan on living there over 5 years, you will have equity when the Value does increase if you purchase Now.

Savvy Brown
Associate Broker
Savvy.brown@metrobrokers.com