Instant Reaction: February Jobs Report

house-prices-up

The following is NAR Chief Economist Lawrence Yun’s thoughts on this morning’s (3/10/17) U.S. Bureau of Labor Statistics’ February jobs report:

“The boosts to business and consumer confidence over the past few months is evidently leading to faster hiring. The 235,000 net new job additions in February and 2.3 million over the past year will support home buying even in the face of higher mortgage rates. Moreover, the construction job gains of 58,000 is the best monthly showing in over a decade and implies less bottle-necking to homebuilding in upcoming months. One weakness in the report is in the hours worked each week by an average worker, which remained stuck at 34.4 hours. I would like to see this figure rise a bit to assure a clearer sign of future wage growth.”

The real estate market is definitely heading in the right direction.  Give me a call to get started on your path to home ownership – J.P. Cook – 602-320-4253.

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4442 W Hannah Street San Tan Valley, AZ 85144

$459,990 - 4Br/3Ba -  for Sale in San Tan Groves, San Tan Valley
New
$459,990
4 Beds
3 Baths
2,342 SqFt
Status Active
MLS # 6692712
Property Type Single Family Residence
Price Type --
Brand new, energy-efficient home available NOW! A unique single-story home featuring a social living area. Umber cabinets with hardware, dusty white granite countertops, stone-look tile flooring and warm beige carpet in our Calm package. Enjoy secluded primary suites at San Tan Groves in San Tan Valley. San Tan Groves is conveniently located minutes from San Tan Mountain Regional Park, making morning hikes easy! This community boasts ample storage and a 5 bedroom layout. Enjoy dining and entertainment just a few miles away. We build each home with innovative, energy-efficient features that cut down on utility bills so you can afford to do more living.* Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health,

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.

16035 W El Cortez Place Surprise, AZ 85387

$459,990
4 Beds
2 Baths
2,139 SqFt
Status Active
MLS # 6557712
Property Type Single Family Residence
Price Type --
Brand new, energy-efficient home available NOW! This single-story features a split floorplan with the primary suite tucked away in the back of the home. White cabinets with ice quartz countertop and backsplash. Grey tile flooring in our Balanced package. Paloma Creek - Reserve Series is coming soon to Surprise. Strategically located near Loop 303, this family friendly community offers easy access to the amenities of metro Phoenix and includes an exclusive community center on your doorstep. Each energy-efficient home comes standard with features that allow your whole family to live better and breathe easier too.* Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

22854 N 126th Lane Sun City West, AZ 85375

$459,990
4 Beds
2 Baths
1,832 SqFt
Status Active
MLS # 6671311
Property Type Single Family Residence
Price Type --
Brand new, energy-efficient home available by May 2024! The expansive great room of the Mason is perfect for watching the big game with friends. Espresso cabinets with white/grey granite countertops, wood-look tile flooring with multi-tone carpet in our Elemental package. Last chance to own at Camino Crossing in Sun City West. With convenient access to the Loop 303, this community provides easy access to schools, major employers, shopping, dining and entertainment. Your family will love spending time at the community park complete with a playground, corn hole and ramadas. We also build each home with innovative, energy-efficient features that cut down on utility bills so you can afford to do more living.*

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