4 Great Reasons to Buy This Spring!

4 Great Reasons to Buy This Spring! | Simplifying The Market

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

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% 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% over the last couple months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by at least a half a percentage point 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 build 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 to get started on the process to own your own home – J.P. Cook – 602-320-4253.

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22115 N O Sullivan Drive Maricopa, AZ 85138

$549,900
4 Beds
2.5 Baths
2,860 SqFt
Status Active
MLS # 6694008
Property Type Single Family Residence
Price Type --
This beautiful upgraded 4/2.5 golf course home features a split floor plan, chef's kitchen with granite countertops, custom tile and marble backsplash, upgraded appliances and custom flooring throughout. There is no carpet in this home, featuring porcelain tile and custom textured concrete throughout for a clean modern look! The den/office is positioned so that it has a beautiful view of the golf course. The primary suite features a fully custom bathroom with cascade sinks and granite countertops, huge double shower with seating and inset artisan shelving. The shower also features three shower heads, with rain head and handheld! The guest bathrooms have been remolded with granite countertops and hand hammered copper sinks. Low water usage landscaping gives you a lovely yard to enjoy year round! There is also solar to help with electric bill. App controlled garage door openers. A newly resurfaced pebble sheen pool with a cartridge filter will give you many years of enjoyment at any age! This home features the most popular floor plan in the Rancho El Dorado subdivision!

6262 W Sharyn Road Pine, AZ 85544

$549,900 - 3Br/2Ba -  for Sale in Strawberry Mountain Shadows 2, Pine
New
$549,900
3 Beds
2 Baths
1,258 SqFt
Status Active
MLS # 6694509
Property Type Single Family Residence
Price Type --
Welcome to your tranquil cabin retreat nestled on .51 acres, with a seasonal creek at the rear of the property. Updated in 2024, the kitchen dazzles with new cabinets and quartz counters, complemented by the updated LVT flooring and modernized master bath. Featuring a primary room and bathroom on the main floor, along with two additional bedrooms and a loft upstairs, this cabin offers flexibility for relaxation and hosting. Enjoy year-round comfort with both heating and cooling systems. Entertain on the expansive deck out back or unwind on the covered patio in front. The basement/storage area with electricity opens opportunities for a workshop or potential suite. Whether seeking a getaway retreat, Airbnb/VRBO (No HOA), or permanent residence, this cabin offers a perfect blend of comfort.

708 W Caldwell Street Phoenix, AZ 85041

$549,900
3 Beds
2 Baths
2,073 SqFt
Status Active
MLS # 6694865
Property Type Single Family Residence
Price Type --
Welcome to your dream home! This stunning 3 bedrooms, 2 bathrooms residence offers the epitome of comfort and style. Step into the heart of the home a breathtaking kitchen boasting stainless steel appliances, a large island, and elegant tile flooring. Relax in the spacious living room adorned with sleek tile, perfect for entertaining guest or cozy nights in. Retreat to the plush carpets of the bedrooms for ultimate relaxation. Indulge in the luxurious double sink bathrooms, adding convenience to your daily routing. Outside, discover your own private oasis. A beautiful backyard featuring synthetic grass, a sparkling pool, and charming pavers, offering the perfect setting for outdoor gatherings or peaceful relaxation. Don't miss the opportunity to make this beautiful home yours.

17433 W Statler Street Surprise, AZ 85388

$549,900
5 Beds
3.5 Baths
2,403 SqFt
Status Active
MLS # 6695575
Property Type Single Family Residence
Price Type --
This is a move in ready SINGLE LEVEL Dream Home on a large corner lot with a sparkling pool in the highly sought after neighborhood of Surprise Farms. The gourmet kitchen and great room with a fireplace plus built in media wall have picture windows that overlook the tropical pool, extended covered patio and lush green back yard. The delightful chef's kitchen boasts plenty of counter & cabinet space with granite counter tops, stainless steel appliances & built-in pantry. 2 main bedroom suites plus 3 additional bedrooms and 3.5 bathrooms provide spacious accommodations for family and guests.

29110 N 129th Avenue Peoria, AZ 85383

$549,900
2 Beds
2 Baths
1,361 SqFt
Status Active
MLS # 6696049
Property Type Single Family Residence
Price Type --
VA Loan Assumption available! Looking for an active adult community? How about one where you will find an abundance of activities in an absolutely stunning landscape? Welcome to this 2 bed, 2 bath home in the sought-after Active Adult Resort Community of Trilogy at Vistancia! Step inside, this Rivas Model, to discover this open concept layout seamlessly integrating the great room, kitchen, and dining area. Take a look at the spacious, light and bright kitchen. Featuring white cabinets, granite countertops, a updated island with farmhouse sink, SS Appliances and wine fridge. French doors lead you to lush landscaping adorned with citrus trees in the large south-facing full fenced in yard, offering privacy and tranquility. This is an ideal space for outdoor relaxation featuring a covered back patio extended with pavers. The primary suite is a true retreat, boasting a generous size and overlooking the backyard oasis. The primary bath has been tastefully renovated with a new vanity and shower remodel, complemented by a spacious walk-in closet, offering both style and functionality. The second bedroom offers ample space, perfect for guests or a home office, ensuring comfort and versatility for your lifestyle. Additional features include 18'' tiles throughout, surround sound, custom closets, and a 2-foot extension in both the second bedroom and garage. This resort style community is for active 55 plus adults. Residents here enjoy guard gate and beautiful golf course through the center of the community. Trilogy Golf Club is an 18-hole golf course featuring a clubhouse, with V's Taproom. Living here you also have access to 2 resort clubs. Kiva Club is an athletic club with fitness equipment and classes, olympic sized pool and outdoor resort pool, tennis courts, The Alvea Spa and Café Solaz. The Mita Club is also a fitness center with outdoor resort pool, gourmet chef kitchen, with 2 restaurants. The Shallow Well Cantina and Grill and The Market Place serving coffee and lunch and an art and craft studio. With its prime location and exceptional features, this home showcases resort-style living at its finest. Stop by to see the breathtaking beauty of this community. It will make you smile when you come home each day.

17047 N Palo Pino Street Maricopa, AZ 85138

$549,900 - 2Br/2Ba -  for Sale in Palo Brea, Maricopa
Open House
$549,900
2 Beds
2 Baths
1,725 SqFt
Status Active
MLS # 6697289
Property Type Single Family Residence
Price Type --
Don't miss the chance to own this beautiful home in Maricopa! Bring all your toys w/ extended paver driveway along w/ a climate controlled RV garage w/ full hookups. Walk into the open floor plan including wood-look floors, chic lighting, and a spacious great room, ideal for entertaining. The kitchen is a chef's delight, with white cabinetry, stainless steel appliances, a tile backsplash, solid surface counters, & a center island with a breakfast bar. The primary bedroom is a serene retreat with a soothing color palette, dual sinks, and a walk-in closet in the private bathroom. A versatile den provides space for an office + 3 additional bedrooms. Step outback to your backyard oasis w/ putting green & spectacular lighting features. Perfect spot to experience ALL the stunning AZ sunsets! Outdoors, the expansive backyard is complete with a covered patio, paver patio, artificial turf, and ample space for a pool or various outdoor activities. You can also enjoy the scenic sunset views! Experience the charm and sophistication of this gorgeous home for yourself!

36131 N Desert Tea Drive San Tan Valley, AZ 85140

$549,900
3 Beds
3 Baths
2,186 SqFt
Status Active
MLS # 6698645
Property Type Townhouse
Price Type --
Step into the epitome of 5-star living within the prestigious Encanterra Resort Community! This remarkable home boasts over $140,000 in upgrades and offers the convenience of one-level living. On the main floor, discover 2 bedrooms, 2 full bathrooms, laundry facilities, a work area, and more. Hosting guests? The upstairs welcomes them with a full bedroom and bathroom, along with an incredible loft/TV area and a full office featuring a built-in desk—all while enjoying breathtaking views. Be sure to explore the attached upgrades list to fully appreciate the splendor of this home. Welcome to luxury living at its finest!

4086 E Rustler Way Gilbert, AZ 85297

$549,900
4 Beds
3 Baths
2,126 SqFt
Status Active
MLS # 6699074
Property Type Single Family Residence
Price Type --
You'll find tasteful updates throughout this recently renovated, 4 bedroom, 3 bath home located in the energenic community of Power Ranch. Fresh paint, new LVP flooring, new carpet, 5'' baseboards, upgraded door hardware, stylish lighting, electrical outlets and switches, window blinds, epoxy coated floor in garage; ALL of this just completed. Kitchen is well appointed with a generously sized island, granite countertops and SS appliances. Bedroom and full bath downstairs. Upstairs you'll find the Primary BR with large ensuite and spacious W/I closet along with two more bedrooms and full bathroom. Oh wait, there's more...a roomy LOFT that can be used for whatever suits your lifestyle. Backyard offers a covered patio, green lawn and mature foliage. This community offers pools, fishing lakes, sport fields and courts and MORE! See document section for amenity list and map.

433 S Morris Meadows Road Payson, AZ 85541

$549,900
2 Beds
3 Baths
2,264 SqFt
Status Active
MLS # 6701978
Property Type Single Family Residence
Price Type --
A fully furnished and decorated, turn key, retreat in the pines! 90 minutes from the hot and crowded east valley! If you want a full acre forest getaway this summer, look no further. If you want room for all the high country toys, look no further. This site-built appx. 1456 sf 2 bed/2 bath cabin with a huge loft is fully stocked and ready for you to spend the night you close. Oh, did I mention the appx. 800 sf 3 car livable garage/workshop with it's own 3/4 bath? Have I mentioned the property has it's own private well? Have I mentioned the front and rear covered decks with all peacefulness you can imagine. A gorgeous rock accent wall featuring an antique wood burning stove that will heat the whole cabin while you watch the winter snow fall. Ponderosa Springs subdivision is surrounded by National Forest making you feel like you're in your own world. Deer, turkey, elk and a variety of small game are seen often in the subdivision. There is also a 24x12 barn in the very back of the property.

2033 N 12th Street Phoenix, AZ 85006

$549,900
2 Beds
2 Baths
1,131 SqFt
Status Active
MLS # 6702102
Property Type Single Family Residence
Price Type --
Welcome to 12th street in the heart of Coronado Historic Neighborhood located near Downtown Phoenix. This REMODELED 1950's ranch is ready to go. Walking distance to the neighborhood Sunshine Market, Coffee shop, & Coronado Phx restaurant. Enjoy the beautiful eat in kitchen with light grey cabinets, quartz counters, new SS appliances & stunning light fixtures. Open to great room with original fireplace. Both bathrooms updated with custom Tile, new vanities, mirrors, and lighting. Spacious laundry room just steps off the patio. Don't miss out on this STUNNING home.

18340 W Jones Avenue Goodyear, AZ 85338

$549,900 - 4Br/3Ba -  for Sale in Las Brisas, Goodyear
New
$549,900
4 Beds
2.5 Baths
3,062 SqFt
Status Active
MLS # 6705550
Property Type Single Family Residence
Price Type --
Welcome to this picture perfect family home, where luxury meets functionality in a vibrant community setting! This stunning property is loaded with upgrades and surrounded by amenities, making it the perfect retreat for family living. As you step inside, you'll be greeted by a beautiful entry way that exudes warmth and style. The heart of the home is the huge kitchen, designed with the gourmet chef in mind. It features a butler's pantry, extended and staggered cabinets with crown molding, soft-close doors and drawers, a gas stove, and sleek stainless steel appliances. The home boasts elegant wood-look tile flooring, enhancing its modern appeal. Additional features include a soft water system and an R.O. (reverse osmosis) system, The laundry room comes equipped with a utility sink hookup for added convenience as well as Walk in closets in all of the bedrooms! Step outside to your private oasis, an entertainer's dream. The backyard features easy-to-maintain landscaping with artificial turf, a covered patio perfect for outdoor dining, and a built-in gas grill for weekend barbecues. Take a dip in the sparkling pool, complete with a self-cleaning system, or simply relax under the sun. A firepit next to the pool for perfect evening gatherings. The community itself offers a wealth of amenities, including multiple playgrounds, gazebos, walking paths, and basketball courts. Sports enthusiasts will love the baseball field, soccer field, and volleyball court, providing endless opportunities for recreation and socializing. Don't miss the chance to make this exquisite home yours. With its extensive upgrades and prime location, it's the perfect place to create lasting memories. Schedule your showing today and experience the best of community living!

347 E Papago Drive Tempe, AZ 85288

$549,900
3 Beds
2 Baths
1,383 SqFt
Status Active
MLS # 6705593
Property Type Single Family Residence
Price Type --
Now this is a must see!!! This home features 3 bedrooms 2 bath just minutes from downtown Tempe, ASU, South Scottsdale, Tempe Town Lake and walking distance to Papago Park.Captivating kitchen featuring a sleek contemporary design, plenty of cabinet space, a stylish butcher black island, and ample sunlight.

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