Is Now a Good Time to Rent?

Is Now a Good Time to Rent? | Simplifying The Market

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Is Now a Good Time to Rent? | Simplifying The Market

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!  Give me a call to get started – J.P. Cook – 602-320-4253.

What’s Your Home Worth?

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7675 E Mcdonald Drive Scottsdale, AZ 85250

$455,000
2 Beds
2 Baths
1,069 SqFt
Status Active
MLS # 6684973
Property Type Townhouse
Price Type --
Community Pool

11230 W Locust Lane Avondale, AZ 85323

$455,000
4 Beds
2.5 Baths
2,345 SqFt
Status Active
MLS # 6667647
Property Type Single Family Residence
Price Type --
This amazing property is sure to please you. Located in the beautiful subdivision of Durango Park in Avondale this home has fantastic curb appeal and is even more impressive inside. Some of the great features include vaulted ceilings, separate living & family rooms and either wood or tile flooring throughout. The kitchen has breakfast bar, granite countertops, tile backsplash, upgraded cabinets, walk in pantry, and contemporary light fixtures! The primary bath offers garden tub, separate shower, walk in closet, and double sink vanity. You are going to spend a lot of time in your new backyard which has a covered patio, swimming pool, and room to relax. Hurry and come take a look. This beauty won't last long! Thanks for stopping in.

7425 N Via Camello Del Norte -- Scottsdale, AZ 85258

$455,000
3 Beds
2 Baths
1,329 SqFt
Status Active
MLS # 6669173
Property Type Townhouse
Price Type --
This gorgeous unit is all one level, NO STAIRS! Recently updated throughout in 2021, A/C unit, kitchen cabinets, appliances, flooring , carpet, windows/sunscreens. Interior doors replaced. Shelving with a rod added to the master closet. Laundry room is freshly painted. No one above, corner unit on a quiet cul-de-sac. with 2 private patios. Detached 2 car garage. Subdivision borders the beautiful McCormick Ranch golf course. Community offers 2 pools, gas barbecues, clubhouse with pool table, exercise equipment. Biking/walking paths throughout the area. Walking distance to restaurants across the street.

1849 W 21st Avenue Apache Junction, AZ 85120

$455,000
3 Beds
2.5 Baths
1,885 SqFt
Status Active
MLS # 6671957
Property Type Single Family Residence
Price Type --
THIS GORGEOUS 3 BED 2.5 BATH HOME SITS IN THE GATED COMMUNITY OF BELLA CORONA, WITH THE MAJESTIC SUPERSTITION MOUNTAINS AS A BACKDROP. THE COMMUNITY OFFERS A SPARKLING POOL, BASKETBALL COURT, AND LUSH GREENBELTS . INSIDE, AN OPEN FLOOR PLAN SEAMLESSLY CONNECTS THE DINING AREA, KITCHEN, AND LIVING ROOM. THE STYLISH KITCHEN BOASTS A LARGE CENTER ISLAND, QUARTZ COUNTERTOPS, AMPLE CABINETRY, AND PENDANT LIGHTING. THE UPPER-LEVEL HOUSES ALL BEDROOMS AND LAUNDRY, INCLUDING A SPLIT MASTER WITH A SPACIOUS WALK-IN CLOSET , SUPER BATH, & PRIVATE BATHROOM. THE BACKYARD BOASTS A COVERED PATIO PERFECT FOR RELAXATION OR ENTERTAINING. THE GATED COMMUNITY, HEATED POOL, SPA, AND DOG PARK. Buyers & buyers agents are to verify all facts & figure ***5K SELLER CONTRIBUTIONS TO BUYERS CLOSING COST ***

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