Monday, February 06, 2006

Mobile Arizona, Next Hot Spot?

Elliott Homes has purchased 9,000 acres in the unincorporated area of Mobile Valley (south of the Estrella Mountains on State Route 238, in between Casa Grande and Gila Bend).

Al Evenson of Elliott Homes says "it's just a beautiful area, a wonderful valley, with flat buildable land, on an island. It's an opportunity to plan something special, where the borders of cities don't overflow."

Mobile could draw residents from Pinal County, Maricopa County, Casa Grande and Buckeye, says RL Brown, publisher of the Phoenix Housing Market Letter. But he cautioned against thinking Mobile will explode, as it has one road in and out, Arizona 238, and it has landfill and terrain issues.

Elliott Homes is looking to acquire additional land in the area, and some residents and land owners are considering selling to the builder. More...

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