5 Reasons to Buy This Summer!

Here are four great reasons to consider buying a home today, instead of waiting.

1.  Home Ownership has long been considered part of the American Dream.

2.  Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.9% over the next year.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained around 4%. Most experts predict that they will begin to rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You are Paying a Mortgage

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you? 

4. It’s Time to Move on with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.  Give me a call for more information – J.P. Cook – 602-320-4253.

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

2101 W Shelly Avenue Apache Junction, AZ 85120

$459,990

4 Beds

2.5 Baths

2,051 SqFt

Status Active

MLS # 6688460

Property Type Single Family Residence

Price Type --

Welcome to Radiance at Superstition Vistas, a brand new master planned community located on the border where Mesa meets Apache Junction. This is a rare opportunity for optimal living - to have the convenience of City living while enjoying the breathtaking Superstition mountains! Small town feel meets modern amenities at its best! The Hanna 2052 sq ft, 4 bed/2.5 bath adorable, energy efficient home in which you will find tile in all common areas, 9 foot ceilings and on trend extra bright white walls.. Located close to the 24, 60 & 202.

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3339 S 177th Drive Goodyear, AZ 85338

$459,990

3 Beds

2 Baths

1,971 SqFt

Status Active

MLS # 6694772

Property Type Single Family Residence

Price Type --

Welcome Home! This cozy single story home features 3 bedrooms plus study, 2 bath, 2 car garage and a Double Gate to backyard! Open kitchen, dining and great room area. Extended Covered Patio expands to a glorious outdoor space to create the oasis you've always wanted! Interior has 9ft ceilings, 8 ft interior doors, shaker style white cabinets, stainless steel appliances, granite countertops, wood look tile floor throughout and carpeted bedrooms. Conveniently located near shopping and dining options. You won't want to miss out on this one!

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7417 W Northview Avenue Glendale, AZ 85303

$459,990

3 Beds

2.5 Baths

1,986 SqFt

Status Active

MLS # 6666090

Property Type Single Family Residence

Price Type --

This home is our Concerto plan with 3 bedrooms, 2.5 bath home. The kitchen is beautifully designed with 42-inch grey cabinetry, Quartz counters and stainless-steel appliances. The adjacent great room includes a multi-slide door extending perfect for indoor/outdoor living. Upstairs a generously sized loft is perfect for additional living. The Primary Suite features a large bath with shower a huge walk-in closet. Don't miss this home! ^^^Up to 6% of Base Price can be applied towards closing cost and/or short-long term interest rate buydowns when choosing our preferred Lender. Additional eligibility and limited time restrictions apply.

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21571 W Papago Street Buckeye, AZ 85326

$459,990

4 Beds

3 Baths

2,012 SqFt

Status Active

MLS # 6671550

Property Type Single Family Residence

Price Type --

Spacious Larkspur plan that has 4 bedrooms, 3 baths. It has a 12x8 sliding glass door off the great room. Stainless steel electric appliance package with microhood. Tahoe Maple Boulder cabinets throughout the home with 42'' kitchen uppers and a pull out trash drawer with two bins. AZT Granite Bianco Typhoon in kitchen with a stainless steel single bowl kitchen sink. Upgrade flooring includes EMS Solara Yaris 20x20 in all areas of the home except bedrooms and closets. Dual sinks at bath 2, soft water loop, garage door opener two remotes, 8' tall garage doors for those high profile vehicles, garage service door for easy access into the backyard and more. Estimated completion in May.

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