Instant Reaction: Today’s FOMC Meeting

Interest-rates

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to raise short-term rates for the first time in 2017:

“Rising inflation will predominantly dictate the next monetary policy decision, but another short-term rate hike should be expected by the end of the summer. Right now, rents and housing costs are increasing faster than other components because of the stubborn housing shortages in much of the U.S. To contain inflation and slow the pace of future rate hikes, more home construction is needed now.”

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24460 N Plum Road Florence, AZ 85132

$464,900
4 Beds
2.5 Baths
3,032 SqFt
Status Active
MLS # 6665208
Property Type Single Family Residence
Price Type --
JUST FAIL FROM ESCROW ON 3/16/24 SO IF YOU ARE LOOKING FOR A BIG HOUSE, WITH LOTS OF SPACE, AND A WHOLE LOT LESS IN PRICE THAN MOST 3000 SQUARE FOOT 2 STORY HOMES, THEN LOOK NO FURTHER. SELLER WILL HELP WITH FEES AND MAY CONSIDER A LEASE PURCHASE WITH 5% DOWN. OPEN FLOOR PLAN WITH 4 BEDROOMS AND 2.5 BATHS, WITH LARGE TANDEM 3 CAR GARAGE, LARGE COVERED PATIO AND BIG PLAY POOL.

11566 W Apache Street Avondale, AZ 85323

$464,900
4 Beds
3 Baths
2,790 SqFt
Status Active
MLS # 6683149
Property Type Single Family Residence
Price Type --
Great Location, Unlimited Potential! This two-story home is located in a desirable area, boasting ample living space. This great family home provides comfortable accommodations for all. Upon entering, you are greeted by a welcoming foyer that flows seamlessly into the main living area, ideal for entertaining guests or relaxing with family. The well-appointed kitchen has plenty of cabinet space for storage. Upstairs, the loft space is perfect for any need. The master suite has dual sinks and a large separate bathtub and shower combo. The backyard has a large sparkling pool, with an RV Gate and space to park your toys. This house just needs some of your personal touches. *Home is being sold ''as is''

17596 W Columbine Drive Surprise, AZ 85388

$464,900
4 Beds
3 Baths
2,761 SqFt
Status Active
MLS # 6673047
Property Type Single Family Residence
Price Type --
Step into your spacious sanctuary! A grand foyer leads to a formal living/dining room with vaulted ceilings. The open kitchen seamlessly connects to the family room. Downstairs hosts one guest bedroom and bathroom, while upstairs offers 3 bedrooms and a loft. The main bedroom boasts an ensuite bathroom with double sink vanity, separate shower/tub, and walk-in closet. North/South exposure, with a backyard perfect for a pool. Conveniently situated near schools, shopping, and parks.

1620 N San Marcos De Niza Drive Sierra Vista, AZ 85635

$464,900
3 Beds
2 Baths
2,048 SqFt
Status Active
MLS # 6677482
Property Type Single Family Residence
Price Type --
Clear Mountain views! Three bedroom, two bathroom split, floor plan,granite countertops,updated master bathroom with large walk-in closet, private backyard with hot tub and two 300 gal tank rain water harvesting, on over an acre, RV gate and FULL RV Hook Up, two car garage, two Storage sheds one has AC, lots of cabinet space, Owned solar, Voluntary HOA, and ample Distance from neighbors, ideally situated on 1.6 acres, 2048 sq. ft. only $464,900,000. See Today, Offer Today, LOVE Living soon!

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