Today I opened my daily report of listing activity in the Foothills and was amazed to see a one bedroom condo at Tierra Catalina, in the heart of the foothills, near La Encantada, priced at only $125,000. This condo sold in June of 2006 for $194,000. It is located on the ground floor and has renovated granite counters, tile floors, new cabinetry and is an end unit. There is a community pool, clubhouse, spa and rec room and it has a low condo fee of only $156 a month.  WOW! This is definitely an investers’ delight or may be great for you to buy for your child who will be going to U of A in a few years or  be just the answer for one who wants to spend the Winter months where the sun shines!