Buy Your Home Today: Understanding Why It’s a Bad Idea to Try and Time the Mortgage Market

It’s often the case that people will opt to postpone home ownership until the best rates are available or it’s a more stable investment, but in an ever-shifting market it may not be the best decision to put such a sizeable investment off. If you’re wondering whether or not you should put off investing in a home, here are some reasons you may want to start putting your time into searching for a home.

Interest Rates Always Fluctuate

While interest rates are constantly changing and have certainly risen since the economic recession of 2008, they still remain relatively low and this can make investing in a home an even better financial decision. There are no certainties that market rates will remain low, but given a lower monthly payment and the easier qualifications nowadays to acquire a loan, the present may be the best time to start investing in your own place.

Investing Early Reaps Financial Rewards

It’s easy enough to wait for a lower home price or even improved interest rates, but there is no guarantee that the market will shift down. In the meantime, you may be spending at lot of your monthly paychecks on rent. If home ownership is one of your goals in life and you’re living month to month with a high rental payment, investing money into a home is a sure way to gaining equity for the future, even in the event that the market shifts up.

It’s A Good Time To Buy

When it comes to the market, there may always be a time coming when you’ll get a better deal, but the fact remains that homes tend to remain on the market a lot longer these days and it’s largely a buyer’s market. There are no guarantees that you’ll be able to find the house you want at the price you can afford, but there are a lot of good deals to be found these days and investing sooner is an opportunity to reap financial rewards down the road.

Many people hold off on home ownership because they are waiting for prices to come down or interest rates to change, but the sooner you invest in a home, the more you can benefit from investing into something that is entirely your own. If you’re currently perusing the market for a home at a price you can afford, give me a call – J.P. Cook – 602-320-4253.

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4400 W Missouri Avenue Glendale, AZ 85301

$94,500

3 Beds

2 Baths

1,248 SqFt

Status Active

MLS # 6640295

Property Type Manufactured Home

Price Type --

**SELLER FINANCING AVAILABLE** ALL AGES PARK COMMUNITY! This 3 bedroom, 2 bathroom home is ready for its next owner! Located on the Corner & across from the Community Pool! Land lease is very affordable and community is located near grand avenue.

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701 S Dobson Road Mesa, AZ 85202

$94,500

3 Beds

2 Baths

1,440 SqFt

Status Active

MLS # 6647061

Property Type Manufactured Home

Price Type --

PRICE ENHANCEMENT***LOCATION*3 BEDROOM 2 FULL BATHROOMS 1460 SQ FT DOUBLEWIDE WITH 11X33 SCREENED IN BONUS/AZ ROOM & FREEZER,CONVENIENTLY SITUATED ON LARGER LOT,N/S EXPOSURE,NEAR AMMENTITIES W/IN THIS 55+COMMUNITY LOCATED IN THE HEART OF MESA.NEW A/C,WASHER,NEWER HOT WATER HEATER,EXTERIOR RECENTLY PAINTED,ROOF DOUBLE INSULATED W/4'' FOAM AND STEEL OVER TOP,MASTER BATH HAS WALK IN SHOWER,BOTH MASTER BEDROOM AND 3RD BEDROOM HAVE WALK IN CLOSETS,SKYLIGHTS IN KITCHEN FOR ENHANCED LIGHTING,OVERSIZED PARKING FOR 2 VEHICLES AND OR GOLF CART,LARGE TUFF SHED,HOME VERY WELL CARED FOR AND MAINTAINED,CLOSE TO MEKONG PLAZA, INT'L MARKETS,BANNER HOSPITAL,I-10,LOOP 101,202,BUSES,LIGHT RAIL*LOWER LOT RENT APPROX $628.00 MO.*****RENTALS OK*****

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120 N Val Vista Drive Mesa, AZ 85213

Open House

$93,975

3 Beds

2 Baths

1,536 SqFt

Status Active

MLS # 6683952

Property Type Manufactured Home

Price Type --

Free 1st Month's rent. This tastefully updated mobile home in the Adult Community of Mesa is the one! It offers carport parking & a delightful front porch perfect for welcoming guests. Discover bright & spacious living/dining room featuring recessed & chic light fixtures, a kitchen hutch, a soothing palette, & sleek wood-style flooring. Enjoy intimate gatherings in the family room! Immaculate kitchen is equipped w/wood cabinetry, granite counters, a mosaic tile backsplash, a pantry, & a breakfast bar. Large bonus room is ideal for a hobby space. The primary bedroom has plush carpeting, a private bathroom w/dual sinks, & designer's tile shower. The lovely Arizona room is great for year-round entertainment. Out the back, you have a storage shed & a covered patio.

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10330 W Thunderbird Boulevard Sun City, AZ 85351

$93,000

1 Bed

1 Bath

841 SqFt

Status Active

MLS # 6673534

Property Type Apartment

Price Type --

''Rare Find! Spacious First Floor Unit in Premium Location with Stunning Views'' Discover the epitome of luxury living with this rare gem - a first-floor unit boasting a premium location and the largest 1 bed/1 bathroom floor plan in the development. As you step inside, you'll be greeted by an open kitchen-family room layout, creating a seamless flow perfect for both relaxation and entertainment. Exit through the Arcadia door to your covered patio, overlooking the beautifully landscaped, wide-open common area with a charming gazebo. It's like having your own private estate without the maintenance hassle. Enjoy the 2022 laminate flooring in the family room, bedroom, and hallway, paired with tile flooring in the bathroom and kitchen - a perfect blend of style and functionality with no carpe in sight. This unit boasts a plethora of features, including a 2019 AC unit, an enormous walk-in closet, a built-in desk in the bedroom, and ample storage throughout. The community amenities are unparalleled, offering a plethora of options for entertainment and relaxation. From the media area and billiard room to the fitness center and heated pool/spa, there's something for everyone to enjoy. Indulge in the convenience of on-site services such as chauffeured transportation, laundry service, and even a beauty salon. With a wide range of health and wellness programs, this independent living facility provides everything you need for a comfortable and fulfilling lifestyle. Don't miss out on the opportunity to experience the beauty and convenience of this exceptional community.

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2603 W Rose Lane Phoenix, AZ 85017

$92,999

1 Bed

1 Bath

550 SqFt

Status Active

MLS # 6670035

Property Type Apartment

Price Type --

Check out this updated unit that will not last long. Recently updated, new paint, lighting, front door, fixtures, microwave, electrical, plumbing ceiling fans, and more. Tile throughout and a nice clean place that is extremely affordable in a quickly improving Central location. Really nice community areas, with a sparkling pool, mature trees and shaded grassy areas. You won't find anything like this in this price range! This is a co-op so CASH ONLY! No renting allowed, owner occupied units only!

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26511 W Sherbundy Drive Casa Grande, AZ 85193

$92,500

2 Beds

1 Bath

824 SqFt

Status Active

MLS # 6655124

Property Type Manufactured Home

Price Type --

This charming 2-bedroom, 1-bath home is now for sale, offering cozy living on a spacious corner lot spanning over 0.30 of an acre, just outside the City of Casa Grande limits. Step inside to discover updated flooring, kitchen cabinets, and a refreshed bathroom vanity, providing a modern touch to this inviting abode. The improvements add both aesthetic appeal and functionality, enhancing the overall living experience. Situated on a generous lot, there's ample room for outdoor activities, gardening, or potential expansion. Plus, being just outside the city limits offers a perfect blend of suburban tranquility and urban convenience. Home is a canvas waiting completion.

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10330 W Thunderbird Boulevard Sun City, AZ 85351

$90,000

2 Beds

2 Baths

1,016 SqFt

Status Active

MLS # 6651199

Property Type Apartment

Price Type --

Indulge in the epitome of resort-style independent living with this remarkable El Dorado condo. Inside, is a spacious living area features LVP flooring throughout, creating an inviting atmosphere with ample room for a dining table. The kitchen is elegantly equipped with upgraded granite countertops, a tile backsplash, and a new side-by-side refrigerator, complemented by a generously sized walk-in pantry for all your storage needs. Both bathrooms have been beautifully updated with full tubs, showers, linen closets, and the added safety feature of grab bars. El Dorado HOA providing meal plans, transportation services, housekeeping, linen service, cable, water, sewer, trash, and more, you'll have everything you need to live in comfort and style.

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30630 S Burnt Sage Road Congress, AZ 85332

$90,000

1 Bed

1 Bath

397 SqFt

Status Active

MLS # 6654204

Property Type Manufactured Home

Price Type --

This 397-square-foot fixer-upper manufactured home, built in 1998, has endless potential as a great investment property. With a detached garden shed and ownership of the 3,575-square-foot lot, there is plenty of room for improvement. The one-bedroom, one-bathroom home needs repairs, including flooring in the kitchen area. Escapees at North Ranch is a sought-after community nestled in the Congress area. With proximity to Wickenburg and a short drive from Prescott, residents can enjoy the best of both worlds. Enjoy the fantastic amenities such as the Clubhouse/Rec Room, Coin-Op Laundry, and Handball/Racquetball court for endless entertainment and relaxation.

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2609 W Southern Avenue Tempe, AZ 85282

$89,999

4 Beds

2 Baths

1,536 SqFt

Status Active

MLS # 6574926

Property Type Manufactured Home

Price Type --

Seller offering 1 year home warranty! BRAND NEW EXTERIOR PAINT on this spacious 4 bedroom home, located in the beautiful AGE RESTRICTED community of Contempo Tempe. Come discover all that is offered in this wonderful community. This home has over 1500sf of space, new flooring, new interior and exterior paint. Fourth bonus bedroom has a huge walk in closet.

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9501 E Broadway Road Mesa, AZ 85208

$89,990

2 Beds

2 Baths

1,440 SqFt

Status Active

MLS # 6650562

Property Type Manufactured Home

Price Type --

Lots of open space awaits you in this amazing retirement home! It's loaded with freshly painted cabinets, newer laminate flooring and granite countertops! You'll be ready to entertain way as soon as you move in! The kitchen is equipped with all stainless steal appliances & includes the fridge. 2 full bedrooms are perfect for naps & guests. Owner's bathroom has a handicap tub. A couple of the rare features are the two porches and the side by side covered parking spaces. The front porch is extended and has waterproof flooring installed. Outback you have a shed/workshop with its own AC unit & electricity if you need a place to work on projects. Shed includes work bench with 4 outlets. The home includes central heating & cooling and is energy efficient!

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2701 E Allred Avenue Mesa, AZ 85204

$89,900

2 Beds

2 Baths

884 SqFt

Status Active

MLS # 6645311

Property Type Manufactured Home

Price Type --

AN INCREDIBLE PRICE!! Step into a year-round retreat tailored for those 55 and wiser! Enjoy mornings on the porch, coffee in hand, embracing exclusive sunrises. Plank flooring and bedroom carpets create a cozy haven in this thoughtfully laid-out home, giving you privacy and ample space. And get this—a budget-friendly land lease at just $600/month! Mesa Grande welcomes you with a variety of amenities tailored for your comfort --—a fitness room, a relaxing pool/spa, Pickleball courts, a clubhouse for socializing, and billiards for those laid-back moments. This is more than a home; it's an invitation to a lifestyle crafted for those 55 and better. Not only is this home a perfect year-round retreat, it is also a fantastic investment opportunity for winter visitors.

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2609 W Southern Avenue Tempe, AZ 85282

$89,900

2 Beds

2 Baths

950 SqFt

Status Active

MLS # 6648575

Property Type Manufactured Home

Price Type --

Fully remodeled 2 bed 2 bath! Financing available! Association may approve applicant under 55, minimum age of 40. 950 sq ft interior with 320 sq ft porch. Kitchen features dark wood like flooring, neutral paint, white cabinets. Amazing opportunity to live in this adult community nestled in the vibrant heart of Tempe. This manufactured home community is ideally situated just off Southern Avenue. Embrace a lifestyle of luxury & leisure with world-class amenities including resort-style pool, fitness center, pickle ball courts, community park, clubhouse, commercial kitchen, billiards room, library, TV lounge, a variety of fun social activities planned each month. Owner occupied only community. Close to 10 & 60 freeways, ASU, downtown Phoenix, Phoenix Sky Harbor, restaurants and more!

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