Instant Reaction: Today’s FOMC Meeting

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to raise short-term rates for the first time in 2017:

“Rising inflation will predominantly dictate the next monetary policy decision, but another short-term rate hike should be expected by the end of the summer. Right now, rents and housing costs are increasing faster than other components because of the stubborn housing shortages in much of the U.S. To contain inflation and slow the pace of future rate hikes, more home construction is needed now.”

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16005 N 32nd Street Phoenix, AZ 85032

$17,000

1 Bed

1 Bath

800 SqFt

Status Active

MLS # 6635032

Property Type Manufactured Home

Price Type --

Seller Financing Available! This one bedroom, one bath is located within the 55+ age restricted community of Paradise Valley Ranch. Freshly painted, this home features central AC and heat, gas cooking and all appliances including W/D. It features two extended covered carports offering privacy and shade. Located at Paradise Valley Ranch 55+ Community operated by Treehouse Communities. Community amenities include, pool, spa, fitness, recreation center, outdoor dining and laundry. The lots are spacious and private.

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425 E Mckellips Road Mesa, AZ 85203

$17,000

2 Beds

1 Bath

720 SqFt

Status Active

MLS # 6658266

Property Type Manufactured Home

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Welcome to a life of comfort and serenity in this charming 2-bedroom, 1-bath mobile home nestled within the heart of the La Casita Community in Mesa! This inviting mobile home is perfect for both practicality and relaxation. Boasting two cozy bedrooms and a well-appointed bathroom, it provides just the right amount of space for a comfortable and manageable lifestyle!

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9421 E Apache Trail Mesa, AZ 85207

$15,000

1 Bed

1 Bath

672 SqFt

Status Active

MLS # 6662675

Property Type Manufactured Home

Price Type --

Economical 1bed/1bath home located is 55+ Desert Valley Oasis. Spacious Living Room with Eat In Kitchen Counter space. Spacious Kitchen with plenty of cabinet space for dining. Gas Stove and Oven. Appliances Included. Many Updates Including NEW AC and ROOF 2020, New Flooring 2021, New Awning 2023. Large FENCED lot. Storage Shed includes Washer & Dryer. Easy Commute To Shopping, Entertainment, and Freeways. Seller Is Motivated!

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425 E Mckellips Road Mesa, AZ 85203

$15,000

2 Beds

1 Bath

784 SqFt

Status Active

MLS # 6668136

Property Type Manufactured Home

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Charming mobile home in an adult community. Well cared for and maintained home. Newer plumbing, metal roof with coating with lots of life left. Nice big deck with a car port and a storage shed out back. FENCED in back yard great for pets~!

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