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

Buy Your Home Today: Understanding Why It's a Bad Idea to Try and Time the Mortgage MarketIt’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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5184 W Village Drive Glendale, AZ 85308

$499,999
3 Beds
2 Baths
1,890 SqFt
Status Active
MLS # 6686821
Property Type Single Family Residence
Price Type --
Terrific floorplan with 3 bedrooms plus a den with double door entry, 2 bathrooms and spacious 3-car garage. Living, dining and family rooms, kitchen with island and breakfast nook open to family room and sliding doors to backyard and covered patio overlooking well- manicured yard with grassy area. Spacious Master bedroom with separate shower/tub, double sinks and walk-in closet. Stainless steel appliances, newer water heater, water softener, A/C and roof.

1822 S 39th Street Mesa, AZ 85206

$499,999
3 Beds
2.5 Baths
2,155 SqFt
Status Active
MLS # 6690923
Property Type Single Family Residence
Price Type --
Welcome home! Become the proud owner of this fabulous two-level residence located in Quail Vista Village. Recently fully remodeled and new roof and A/C! Discover a perfectly flowing layout featuring spacious living areas adorned with neutral palette throughout, gleaming wood-look floor, arched doorways, and a cozy fireplace. The spotless kitchen boasts ample cabinetry, sleek quartz counters, recessed lighting, a pantry, a chic mosaic backsplash, black stainless steel appliances, and a convenient center island. Double doors open to the main retreat, comprised of a private bathroom with dual sinks and a walk-in closet. You will find a quaint backyard offering a covered patio, great for alfresco dining or simply relaxing after a long day! Don't miss out on this one!!

14383 W Dahlia Drive Surprise, AZ 85379

$499,999
3 Beds
2.5 Baths
1,929 SqFt
Status Active
MLS # 6693259
Property Type Single Family Residence
Price Type --
One of the top Family communities in AZ. Check out all of the Amenities that Marley Park has: Pool,Community Center,Parks & more. Located within a 5 minute walk to #1 Voted, Admission Free, Charter school for 8 straight years! LEGACY TRADITIONAL SCHOOL K-8 Enter into this beautiful Foyer with a Tray Ceiling and 6x24 Faux Wood Ceramic Tile throughout accented with 4 1/4'' Baseboards. To the right you will find 2 bedrooms with upgraded carpet and a full bath in this split Cottonwood model floorplan. Next enter into an open area with the Kitchen, Great Room & Dining Area. The Kitchen has Silestone Countertops paired with Shaker Style White Maple Cabinets & Dovetailed drawers. Adjacent to kitchen is an office with the Master Bedroom privately tucked away in the back corner of the home. Check out the master bathroom which includes a spectacular tiled super shower. Finally, exit to outdoor family oasis.The backyard covered patio has been extended with an amazing 21' x 22' Pergola. The yard has pet friendly turf surrounded by pavers, rocks and amazing plants. Check out the extra wide, 8 ft., side yard with access through the RV Gate. Almost forgot to mention the home has upgraded lights, plumbing fixtures, home theatre pre-wire, two tone paint, ceiling fans and a soft water loop.

752 E Elgin Street Chandler, AZ 85225

$499,999
3 Beds
2.5 Baths
1,578 SqFt
Status Active
MLS # 6692118
Property Type Single Family Residence
Price Type --
Welcome to this incredible TURN KEY gem next to the vibrant Downtown Chandler area! A fully furnished home for you to move in and feel right at home or reap the benefits of a strong short/long term rental market with a furnished rental. Featuring vaulted ceilings in the spacious living room with tile throughout, granite countertops in the kitchen & plenty of cooking space for a family or renters! A large upstairs floor plan creates 3 expansive bedrooms w/ King & Queen beds fitting comfortably. Step outside into your backyard oasis including a HEATED pool, fire pit & plenty of patio space to soak up the sun! A perfect property for your investment portfolio to turn into a rental right away! Make this home yours next to one of the valley's booming downtown hot spots!

18033 W Tecoma Road Goodyear, AZ 85338

$499,999
3 Beds
2 Baths
2,069 SqFt
Status Active
MLS # 6687555
Property Type Single Family Residence
Price Type --
Boasting mountain views from the living room, front yard, and backyard, dive into this wonderfully spacious, open-concept home nestled in Estrella Mountain Ranch! Just a short walk to the newest Community Center, Presidio. Privacy and serenity await in this impeccable home. Dreamy backyard with multiple patio areas, including a large covered patio for entertaining. 3 car tandem garage! You'll love the grand primary bedroom w/ bay windows and oversized closet, connecting to the laundry room. Enjoy modern amenities including stainless steel GE appliances, gas stove and central vacuum system. Stay refreshed with the R/O and water softener systems. Exterior upgrades incl. new PVC irrigation sys, newer A/C unit, and fully pavered and turfed yard. Your new home awaits!

1407 W Macaw Drive Queen Creek, AZ 85140

$499,999
3 Beds
2 Baths
1,693 SqFt
Status Active
MLS # 6686963
Property Type Single Family Residence
Price Type --
NEW HOME completed in Sept 2023! Why pay lot premiums and wait 6-9 months for a home to be built? This is Woodside's most popular open floor plan, ''The Jade.'' The homeowner picked out the finest upgrades with the builder. From white shaker cabinets, to high end quartz counters, wood-like-tile floors throughout, & even the luxurious primary bathroom custom walk-in shower. Outside, relax and watch the Arizona sunset from the privacy of your covered patio & low maintenance backyard. North Creek features multiple community gathering spots including a swimming pool, pickle ball courts, bocce ball, gas grills, basketball courts, and playgrounds. Builder warranty transfers to the new owner too! Easy access to the 24 & Loop 202! Opportunities like this rarely happen. Schedule your showing today

18330 W Pueblo Avenue Goodyear, AZ 85338

$499,999
5 Beds
3 Baths
2,122 SqFt
Status Active
MLS # 6672368
Property Type Single Family Residence
Price Type --
**Flash Sale this Weekend Only** Welcome to your dream home in the heart of Goodyear, where modern comfort meets suburban bliss. This stunning single-family residence boasts an exceptional floor plan designed for both entertaining and everyday living. With meticulous attention to detail and an array of upscale features, this property is truly a rare find in a sought-after community. *Highlights* Step inside to discover a warm and inviting interior that seamlessly blends contemporary style with functionality. The open-concept living room flows effortlessly into the dining area and kitchen, creating an ideal environment for gatherings and family moments. Catering to the home chef, the kitchen features stainless steel appliances, granite countertops, ample cabinetry, butler's pantry, and a large walk-in pantry. Whether you're preparing a meal or enjoying casual dining at the breakfast bar, this kitchen is sure to inspire. Escape to your private backyard paradise, highlighted by a beautiful diving pool. Surrounded by low-maintenance landscaping and ample patio space, it's the perfect setting for relaxing under the Arizona sun or hosting memorable summer pool parties. This friendly Goodyear neighborhood, offers the convenience of being close to top A rated schools, parks, and recreational facilities. Easy access to major highways also ensures a smooth commute to Phoenix and surrounding areas. This property represents a unique opportunity to own a meticulously maintained home that combines comfort, and an unbeatable location. Whether you're basking by the pool, entertaining guests, or enjoying the peaceful surroundings, this Goodyear gem is ready to provide an unparalleled living experience. Don't miss out on making this exquisite house your new home. Take the first step towards living your Arizona dream!

4389 E Alamo Street San Tan Valley, AZ 85140

$499,999 - 4Br/4Ba -  for Sale in Laredo Ranch, San Tan Valley
Open House
New
$499,999
4 Beds
3.5 Baths
2,753 SqFt
Status Active
MLS # 6692172
Property Type Single Family Residence
Price Type --
One of TWO homes in the Laredo Ranch neighborhood with a pool under $500k! Priced $100/sqft lower of the two and competitively priced for a reason! This well maintained, 4 bed, 3.5 bath 2-story oasis is ready for its next owner! With an open concept, vaulted ceilings, a massive den and en suite room upstairs, the possibilities are truly endless. This gem will not last long so don't wait to see it for yourself!

2425 W Bronco Butte Trail Phoenix, AZ 85085

$499,999 - 2Br/2Ba -  for Sale in Desert Village At Sonoran Foothills Lot 1 Condomin, Phoenix
Open House
$499,999
2 Beds
2 Baths
1,843 SqFt
Status Active
MLS # 6649544
Property Type Apartment
Price Type --
5.99% interest to purchaese! VOTED BEST HOME ON THE NORTH VALLEY TOUR!!! Welcome to a stylish 2-bedroom, 2-bathroom condo with a den in the scenic community of Sonoran Foothills, Phoenix, Arizona. This condominium offers a blend of modern comfort and a touch of luxury in a picturesque desert setting. As you step into the condo, you'll be greeted by a spacious and open living area, bathed in natural light from large windows. The neutral color scheme enhances the sense of space, and the living room is designed for both relaxation and entertainment. High ceilings add an elegant touch, creating an airy atmosphere.The kitchen is a chef's delight, featuring sleek quartz countertops, stainless steel appliances, and contemporary cabinetry. A breakfast bar provides a casual dining option, and the kitchen seamlessly connects to the living area, making it ideal for socializing while preparing meals. The two bedrooms are well-appointed and offer a tranquil retreat. The primary bedroom boasts an en-suite bathroom, providing a private oasis with a spa-like atmosphere. The second bedroom is perfect for guests, with easy access to the second bathroom. The additional den serves as a versatile space, perfect for a home office, study, or even a cozy reading nook. This flexible area adds an extra layer of functionality to the condo, allowing you to tailor the space to your specific needs. The den also has an incredible blue pine, Canadian shiplap wall. Both bathrooms feature modern fixtures, elegant vanities, and tasteful tilework. The primary bathroom includes a luxurious shower, while the second bathroom offers a tub and shower combination. The home is also prewired for security both on doors and windows. Step outside to your patio, where you can enjoy the breathtaking views of the surrounding Sonoran Foothills. This outdoor space is perfect for morning coffee or evening relaxation, providing a seamless indoor-outdoor living experience. Residents of Sonoran Foothills enjoy access to community amenities such as parks, walking trails, and recreational areas. The community is known for its serene atmosphere and proximity to the natural beauty of the Sonoran Desert. This 2-bedroom, 2-bathroom condo with a den in Sonoran Foothills offers a perfect blend of comfort, style, and functionality, making it an ideal home for those seeking a modern living experience in the heart of the Phoenix, Arizona, desert landscape

2425 W Bronco Butte Trail Phoenix, AZ 85085

$499,999 - 2Br/2Ba -  for Sale in Desert Village At Sonoran Foothills Condomin, Phoenix
Open House
$499,999
2 Beds
2 Baths
1,817 SqFt
Status Active
MLS # 6654600
Property Type Apartment
Price Type --
Welcome to your cozy retreat in the heart of Desert Village at Sonoran Foothills! This charming upstairs condo boasts 2 beds, 2 baths, and a den - all spread across a generous 1817 SF of open living space. And guess what? No interior steps, making it the perfect haven for easy living! Imagine chilly nights by the fireplace - a rare gem in this community. Unlike most units, it comes with this delightful feature that adds warmth to your winter evenings. The owners, who are winter visitors with no kids or pets, have gently used this unit, ensuring it's in pristine condition. As an outdoor enthusiast's dream, this condo overlooks the inviting pool area, offering a perfect blend of relaxation and recreation. Venture over to the community gym for your morning workout or discover the main pool. The location is a dream - a gated community where everything you need is within a 10-minute radius. Convenience at its best! Step inside to discover the ''C2'' floor plan, where comfort meets functionality. The living room welcomes you with open arms, and the kitchen is a chef's delight with built-in appliances, granite counters, a breakfast bar, and crown-molded cabinetry. Work from home or enjoy a quiet reading nook in the versatile den - the choice is yours! The main bedroom is a retreat in itself, featuring an ensuite with a separate tub/shower, dual sinks, and a walk-in closet. The laundry room ensures convenience with ample storage space. And the best part? Unwind on your cozy balcony, where you can soak in breathtaking mountain vistas and serene views of the community pool. Perfect for those who appreciate the great outdoors! Don't miss out on this opportunity to own a piece of paradise that combines modern elegance with tons of convenience. Whether you're a winter visitor or a year-round enthusiast, this condo is ready to welcome you home. Act fast - your oasis awaits!

7316 W Superior Avenue Phoenix, AZ 85043

$499,999 - 5Br/3Ba -  for Sale in Suncrest At Estrella Village, Phoenix
Open House
$499,999
5 Beds
2.5 Baths
2,397 SqFt
Status Active
MLS # 6638950
Property Type Single Family Residence
Price Type --
This is a must see beautiful home. Completely remodeled/upgraded in 2020! $50k Plus worth of upgrades. Walk into the entry to a large foyer with a grand curved wooded banister. Enjoy a formal living and dining room as well as open kitchen/family room with spacious eating nook. The primary bedroom ensuite has a dual vanity quartz countertops, separate shower & tub and oversized walk in close with built in's. All bathrooms have been upgraded with new cabinets and quartz counters. Oversized Den with built in cabinets off living area with barn door entrance. The backyard is set for great entertaining with pool & water feature. Enjoy an extended garage on one side for extra storage. Also, may be available for rent. VOTED ''BEST OF TOUR''.

3668 S 180th Lane Goodyear, AZ 85338

$499,998 - 3Br/3Ba -  for Sale in Las Brisas Phase 2b (2b.3) Replat, Goodyear
New
$499,998
3 Beds
3 Baths
1,955 SqFt
Status Active
MLS # 6695603
Property Type Single Family Residence
Price Type --
Welcome to your dream home in Las Brisas Phase 2B! This stunning residence built by Taylor Morrison in 2021 is a masterpiece of modern living, offering a perfect blend of luxury and functionality. The kitchen is outfitted with a customizable Samsung Smart Refrigerator and washer-dryer units, adding a touch of modern convenience to your daily routine. The entryway is adorned with a beautiful accent wall, setting the tone for the elegance and style found throughout the home. Don't miss your chance to own this exceptional residence in Las Brisas Phase 2B. It's a rare opportunity to experience luxury living in one of Goodyear's most sought-after communities. As you step inside, you're greeted by an inviting open floor plan that seamlessly connects the living, dining, and kitchen areas. The heart of the home is the spacious gourmet kitchen, featuring a large granite countertop island, ample cabinetry, and a walk-in pantry. It's a chef's delight, perfect for hosting gatherings and creating culinary masterpieces. The state-of-the-art smart home security system ensures peace of mind and convenience for you and your family. Luxury continues in the bathrooms, where you'll find raised vanities that add a touch of sophistication to your daily routine. The large 3-car tandem garage is a car enthusiast's dream, complete with built-in shelving and cabinets for all your storage needs. Outside, the backyard is a blank canvas awaiting your creativity. Whether you envision a serene oasis with a lush garden and patio or a vibrant outdoor entertainment area, the possibilities are endless. Additionally, within the Las Brisas community, you'll discover many parks with amenities such as volleyball nets, basketball courts, and soccer nets. It's a perfect setting for a fun and active lifestyle, ideal for both families and those who love to stay active. The community is also pet-friendly, ensuring that your furry companions can enjoy the outdoors as much as you do. This home is also Pearl Certified, meaning it's energy-efficient and environmentally friendly, saving you money on utility bills while reducing your carbon footprint.

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