Instant Reaction: March Housing Starts

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Building a HouseThe following is NAR Chief Economist Lawrence Yun’s reaction to this week’s U.S. Commerce Department report on March residential construction:

“A major housing shortage exists in this country. It is therefore disappointing to witness in March the continued lackluster performance in new home building, which was the second lowest activity over the past six months. Home prices have risen by 41 percent and rents have climbed 17 percent over the past five years at a time when the typical worker wage has grown by only 11 percent. To relieve housing costs, there simply needs to be more homes built.”  

Bottom Line:

It’s a strong seller’s market.  It’s very possible that the perfect home that you finally found has also garnered a lot of interest from other buyers.  A new build is the perfect option.  Visit my New Build Search to find your new home.  Give me a call for additional information – J.P. Cook – 602-320-4253.

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9906 E Tamery Avenue Mesa, AZ 85212

$497,840
3 Beds
2.5 Baths
1,965 SqFt
Status Active
MLS # 6701113
Property Type Single Family Residence
Price Type --
Available NOW!! Check out this Beauty! 3 bedrooms, 2.5 bath with a loft and split garage!! Enjoy all the upgrades and amenities such as 42' white cabinets, white backsplash and gorgeous granite countertops!! First floor is all tile. Large master closet and Walkin shower. Appliances INCLUDED!! Come see today 🙂

4482 W Mountain Laurel Drive San Tan Valley, AZ 85144

$497,565
3 Beds
2 Baths
2,000 SqFt
Status Active
MLS # 6688553
Property Type Single Family Residence
Price Type --
This gorgeous Ginger plan is estimated to complete in July. It is surrounded by other single level homes offering ample privacy. The north south exposure highlights the mountain views. This home has been fully loaded with all of the most popular options and upgrades; white shaker cabinets, natural wood-look tile, custom backsplash, matte black plumbing fixtures, and beautiful granite countertops.

19032 N 83rd Lane Peoria, AZ 85382

$497,500
2 Beds
2 Baths
1,357 SqFt
Status Active
MLS # 6696335
Property Type Townhouse
Price Type --
This beautifully remodeled golf course home in Westbrook Village's premier 55+ community truly stands out with its array of features and amenities. Let's delve into what makes it exceptional: The kitchen has been tastefully updated with Quartz countertops and stainless-steel appliances, combining style with functionality for cooking enthusiasts. The bathrooms have been modernized to provide comfort and elegance, adding to the overall appeal of the home. The open living area, featuring a full glass wall slider, offers panoramic views of the golf course, creating a serene and inviting ambiance. Tile flooring and vaulted ceilings enhance the spaciousness and elegance of the home, while wood shutters add a touch of sophistication and elegance of the home, while wood shutters add a touch of sophistication. The master bedroom not only offers comfort but also provides a designated office space overlooking the golf course, perfect for remote work or leisurely activities. 2 car garage with epoxy floors, new water softener, new hot water heater. The outdoor patio serves as a tranquil retreat for outdoor gatherings and relaxation, allowing residents to enjoy the picturesque views and pleasant weather. Residents can take advantage of a wide range of amenities, including golf, double restaurants, RV parking, and convenient access to essential services like doctors, shopping, banks, and freeways. Community Safety: The presence of the Posse, which patrols the community, enhances safety and security, ensuring residents feel protected and at ease. Active Lifestyle: Living in Westbrook Village offers a vibrant and active lifestyle, with opportunities for golfing, socializing, and enjoying the beautiful surroundings, fostering a sense of camaraderie among residents. Being part of a 55+ community provides a sense of community and shared experiences among residents who are in a similar stage of life, creating a supportive and welcoming environment. Overall, this home offers a perfect blend of luxury, comfort, and convenience, making it an ideal retreat for those seeking a fulfilling Arizona living experience in Westbrook Village's premier 55+ community.

1773 N 213th Drive Buckeye, AZ 85396

$497,500
4 Beds
2.5 Baths
2,406 SqFt
Status Active
MLS # 6704360
Property Type Single Family Residence
Price Type --
Welcome to this gorgeous home boasting a well-thought-out layout with 4 bedrooms, 2.5 bathrooms, a 3-car tandem garage, and an easy-care backyard! You will love the open floor plan with a beautiful kitchen featuring granite countertops, stainless steel appliances, a walk-in pantry, a stylish tile backsplash, and a spacious island with a breakfast bar. The great room has recessed canned lights and neutral wall tones. The primary suite has a neutral aesthetic with a lavish ensuite bathroom featuring a dual sink vanity, a separate shower and soaking tub, and a huge walk-in closet! The remaining bedrooms are move in ready and bedroom 2 and 3 have walk-in closets! Outside in the backyard, there is a paver stone-covered patio, an above-ground spa, a BBQ Station, and an RV gate! Do not miss out on this beautiful home! Welcome to Sienna Hills, an amenity-rich community with resort-style amenities designed for both relaxation and adventure. Dive into serenity in the sparkling pool overlooking the majestic peaks, unwind in the luxurious spa, or explore endless outdoor activities like hiking trails, volleyball courts, and playgrounds!

6223 N 12th Street Phoenix, AZ 85014

$497,500
2 Beds
2.5 Baths
1,461 SqFt
Status Active
MLS # 6627392
Property Type Townhouse
Price Type --
Stunning and spacious 2 bed, 2.5 bath townhome located in a convenient and desirable Uptown Phoenix neighborhood. This townhome has been thoughtfully renovated with attention to detail and style. New LVP flooring and paint throughout, quartz countertops, shaker cabinets, designer hardware, and upgraded Stainless Steel appliances. Each bedroom has its own oversized walk-in closet and en suite bathroom with double vanities and Delta faucets. There are two private patios and a 2-car attached garage. Close to major highways, great restaurants, shopping, Sky Harbor Airport and more. Don't miss the opportunity to own this exceptional home in Uptown Phoenix! It won't last long!

38407 N Front Runner Lane San Tan Valley, AZ 85140

$497,490
4 Beds
3 Baths
2,549 SqFt
Status Active
MLS # 6701038
Property Type Single Family Residence
Price Type --
Welcome to Wales Ranch! San Tan Valley's newest master planned community with a wealth of amenities to enjoy. Conveniently located with easy access to great local attractions and amenities, including shopping and dining at Queen Creek Marketplace, outdoor recreation at San Tan Regional Park, fresh produce at Schnepf Farms and popular sites such as Queen Creek Olive Mill. A copy of the public report is available on the Arizona Department of Real Estate's website.

23806 N 162nd Avenue Surprise, AZ 85387

$497,460
4 Beds
3 Baths
2,363 SqFt
Status Active
MLS # 6674716
Property Type Single Family Residence
Price Type --
POPULAR ESCALANTE Community, INCENTIVES TOWARDS FINANCING, Pinecrest Plan, 4 bedroom, 3 Baths, 2 Car Garage, 9 Foot Ceilings With 8 Foot Interior Doors On Both Floors, Gourmet Kitchen, HIGHLY UPGRADED FLOORING, CABINETS COUNTERTOPS, 2 Inch Pearl White Blinds, OPEN Floor plan, 16 Foot Atrium Glass Doors, Ceiling Fans In All Rooms. Energy Star Qualified Home, Indoor Air Plus, 8 Foot Tall Garage Door, Located A Short Distance From The Community Pool Area, Picnic Area, Tot Lots, Basketball, Pickle Ball Courts And So Much More. Buyer May Still Select Appliances, Schools And New Shopping Center Nearby. Full Builder Warranty.

40911 N Prestancia Drive Anthem, AZ 85086

$497,000
3 Beds
2 Baths
1,616 SqFt
Status Active
MLS # 6622808
Property Type Single Family Residence
Price Type --
Welcome to 40911 N Prestancia Dr, Anthem, AZ 85086, located in the prestigious Anthem Country Club. This home offers a range of desirable features and is situated in an exclusive location, makes this home all your own with some new flooring and paint!! All at an incredibly competitive price. Upon entering, you'll immediately notice the attention to detail and meticulous maintenance this home has received. The interior boasts numerous upgrades and a thoughtfully designed layout, making it both functional and visually appealing. With all-new exterior paint, this home exudes a fresh and inviting atmosphere. The kitchen is truly a highlight, featuring cherry cabinets and stunning granite countertops. It offers ample space for preparing meals and entertaining guests. MORE Whether you're an aspiring chef or enjoy cooking for loved ones, this kitchen will exceed your expectations. The great room concept creates a spacious and open living area, ensuring there is no wasted space. The large living areas provide flexibility for arranging furniture and accommodating various activities. The tile flooring throughout the home adds a touch of warmth with its neutral tones, complementing any décor. The master bedroom is generously sized and includes a large walk-in closet, offering plenty of storage for your personal belongings. This retreat provides a tranquil space to unwind and recharge after a long day. Exuding curb appeal, the front elevation of the home is impressive and beautifully landscaped. The surrounding area is exceptionally peaceful, providing a serene setting to enjoy your surroundings. Living in Anthem Country Club allows you access to a wide array of unique amenities. Whether you're a golf enthusiast, tennis player, or simply enjoy an active lifestyle, this community has something for everyone. Take advantage of the clubhouse, fitness center, pools, parks, and other recreational facilities, all within close proximity to your new home. In addition to its outstanding location and amenities, this property has been upgraded with a new reverse osmosis system, new water softener, new microwave, new refrigerator, and a brand-new AC installed in 2022. These upgrades further enhance the value and convenience of this already exceptional home. Don't miss the opportunity to own this well-maintained residence in Anthem Country Club. With its attractive design, desirable features, and access to exclusive amenities, this property represents an incredible value. Schedule a showing today and experience the charm and elegance of 40911 N Prestancia Dr.

2004 N Lake Breeze Road Lakeside, AZ 85929

$497,000
2 Beds
2 Baths
1,170 SqFt
Status Active
MLS # 6694622
Property Type Single Family Residence
Price Type --
Beautifully FURNISHED by LAKES! True pride of ownership shines in this gorgeous 2 bed, 2 bath home, located in the gated community Creekside. This open concept house features a stunning accent TV wall, a floor to ceiling stone fireplace, and vaulted ceilings. The kitchen has a large island, upgraded cabinetry with lighting underneath & on the floor, and a fabulous backsplash that goes up to the ceiling! The large master bedroom has a custom-made wall with an electric fireplace and inset TV, along w/ a walk-in closet and ensuite bathroom. All bathrooms are upgraded to coordinate with the kitchen. The back deck is a dream w/ a privacy screen on the side, perfect for enjoying the cool mountain air - just a few steps away, you can also enjoy your lovely private hot tub!! This home is exquisitely furnished - a designer's dream! Everything is done to perfection. It's ready for you to move in. The kitchen it truly amazing with a gas cook top. All appliances are Frigid Air Professional Series. The counter space is great with a large center island with bar stools. There is a pantry too. Lovely designer touches throughout from lighting, fixtures and other finishes. The guest bedroom has a custom-made queen over queen bunk bed that is suitable for adults. Walk in laundry with extra storage. Behind the water closet in the primary bedroom is a large linen closet. The master/primary shower has floor to ceiling tile with accent river rocks. There is also a double sink vanity. Rainbow lake is just around the corner to boating, kayaking, canoeing or fishing. Creekside - gated community is centrally located, close to everything. The home has a 2 car garage for toys and storage! Imagine living in the White Mountains of Arizona where you have 4 beautiful seasons and where you can breathe in the fresh mountain air and enjoy the 40 lakes and over 600 miles of rivers and streams. In addition to the amazing fishing, this area has one of the most extensive trail systems in the southwest for hiking, biking, horseback riding, quadding and more. Sunrise Ski Resort is also just 40 minutes away with 3 beautiful mountains to ski, snow board or sled. If shopping is your interest, you will love the antique stores and the multitude of arts and craft shows that happen in the summer. The music festivals have something to fit everyone's enjoyment. Do you love to golf? There are 7 amazing golf courses, 3 that are public. The White Mountains, where this home/cabin is the best kept secret of Arizona! Come and explore and enhance your living! Pinetop-Lakeside was also voted 'Best Cabin Region in the U.S... Embrace the MAGIC!

5755 W Ivanhoe Street Chandler, AZ 85226

$497,000
3 Beds
2.5 Baths
1,873 SqFt
Status Active
MLS # 6667917
Property Type Single Family Residence
Price Type --
Nestled in the serene neighborhood of Mays Pond in Chandler, AZ this beautiful 2-story home offers a perfect blend of comfort and style. Boasting a freshly painted interior, 3 beds & 2.5 baths, granite kitchen countertops, this charming residence provides ample space for both relaxation and entertainment. The open floor plan on the main level seamlessly connects the living room, dining area, and kitchen, creating a welcoming atmosphere for gatherings with family and friends. Upstairs features updated flooring, the spacious bedrooms offer a peaceful retreat, with the master suite featuring a private en-suite bathroom for added convenience. Great location with easy access to shopping, dining, & entertainment options, as well as top-rated schools & beautiful community park, paths plus more!

3116 W Augusta Avenue Phoenix, AZ 85051

$497,000 - 3Br/2Ba -  for Sale in Sands West 2, Phoenix
Open House
$497,000
3 Beds
2 Baths
2,350 SqFt
Status Active
MLS # 6699752
Property Type Single Family Residence
Price Type --
NO HOA! Updated and move-in ready, 2350 SF 3-bdrm, 2-bath, plus a den. The large living space has a fireplace and opens to the den/office space. The floors are beautiful wood with tile in all the right places. The large master has a spa-like en suite w/modern tile walk in shower. Both bathrooms have new vanities and toilets. The kitchen is exactly what you want w/white shaker cabinets, quartz counters, breakfast bar and ss appliances. A pantry laundry room for storage. The front yard has desert landscaping w/ shade & fruit trees. Side yard has a productive garden. Beautiful backyard with a covered patio, large pergola, & sparkling pebble-tec pool. Alleyway is gated for extra privacy & security. Nestled just two blocks north of Mariposa Park in the North Glen Square Neighborhood. ----- - **Unwind in Style:** - Expansive Living Room: Relax by the inviting fireplace in the vast living room, perfect for entertaining. - Serene Study/Den: Enjoy a dedicated space for work or hobbies adjacent to the living room. - **Luxurious Master Suite:** - Double-Sized Retreat: The master bedroom provides ample space for relaxation and a spa-like bathroom featuring a large, remodeled shower for ultimate pampering. - Modern Touches: Both bathrooms boast new vanities and toilets for a refreshed feel. - **A Chef's Delight:** - Gourmet Kitchen: Unleash your inner chef in the stunning kitchen featuring crisp white shaker cabinets, sleek quartz countertops, and top-of-the-line stainless steel appliances. - Organization Made Easy: A generous pantry/laundry room provides ample storage solutions. - **Outdoor Paradise:** - Low-Maintenance Beauty: The front yard showcases desert landscaping with mature shade and fruit trees (orange and lemon), with irrigation lines, offering both beauty and ease of care. - Productive Oasis: The side yard boasts a well-established, fruitful garden perfect for homegrown delights. - Private Backyard Retreat: Unwind in the inviting backyard with a large pergola for shade, and a sparkling pebble-tec pool for refreshing dips. - Enhanced Security: Enjoy added peace of mind with a gated alleyway for privacy and security. - **Nestled in North Glen Square:** - This home resides just two blocks north of Mariposa Park, offering a serene atmosphere with convenient access to green space. - No HOA: Enjoy the freedom and flexibility of owning a home without the restrictions of a homeowners association. - **Additional Convenience:** - Two-Car Enclosed Garage: Park your vehicles securely and keep your belongings protected. - Seller has sewer under warranty Don't miss out on this exceptional opportunity! Come see this stunning home today and experience the perfect blend of comfort, style, and outdoor living.

4808 N 24th Street Phoenix, AZ 85016

$497,000 - 2Br/2Ba -  for Sale in Optima Biltmore Towers Condominium 2nd Amd, Phoenix
Open House
$497,000
2 Beds
2 Baths
1,089 SqFt
Status Active
MLS # 6698638
Property Type Apartment
Price Type --
Welcome to your urban oasis at Optima Biltmore Towers. Experience resort-style living in this stunning high-rise located in the heart of the Camelback Corridor. This fabulous 2-bedroom, 1.75-bathroom condominium offers the perfect blend of luxury, convenience, and urban living. Upon entering, you'll be greeted by a modern split floor-plan featuring high ceilings, neutral tones, tile flooring throughout, and large windows that fill the space with natural light. The open kitchen boasts ample storage space and elegant granite countertops. The main suite provides a serene escape with direct balcony access, offering palm-lined views that perfectly highlight Arizona's famous sunsets. Complete with dual closets and a spacious remodeled bathroom, this suite is your personal retreat. The second bedroom features floor to ceiling windows, spacious closet, and an adjacent bathroom This unit also includes a stacked washer and dryer for added convenience. Residents enjoy access to top-notch community amenities, including a fitness center, clubhouse, concierge service, and gated parking. The rooftop deck features a resort-style swimming pool and spa, lounge areas, and outdoor cooking spaces, all with unobstructed 360-degree views of the Phoenix skyline. With its prime location, you'll have easy access to highways, Sky Harbor International Airport, and some of the best dining, shopping, and entertainment the Valley has to offer. Don't just imagine the lifestylecome experience it for yourself! This luxurious value won't disappoint. Come see it for yourself!

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