Is Now a Good Time to Rent?

Is Now a Good Time to Rent? | Simplifying The Market

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Is Now a Good Time to Rent? | Simplifying The Market

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!  Give me a call to get started – J.P. Cook – 602-320-4253.

What’s Your Home Worth?

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41090 W Haley Drive Maricopa, AZ 85138

$459,990
3 Beds
2 Baths
1,987 SqFt
Status Active
MLS # 6594869
Property Type Single Family Residence
Price Type --
QUICK MOVE-IN!!! It's our beautiful Belice - 3 bedrooms + flex space, 2 baths and a 3 car tandem garage. 12'x8' sliding glass door off the extended covered patio. Large walk in shower at owner's bath with EMS Casino Ice gloss in a 4x16 tile at shower surrounds . Stainless steel gas appliance package with undermount single bowl sink. Winstead Maple ''Cafe'' stained cabinets through out the home with 42'' kitchen uppers and rollouts at pantry. Himalaya white granite countertops in kitchen and on the enhanced kitchen island. Kitchen backsplash has a 4x16 Ice Matte tile. Flooring includes EMS 12x24 Baccarat Astra tile in all the areas of the home except beds/closets. Dual sinks at bath 2. Two-tone interior paint ''Agreeable Gray'', soft water loop and so much more. Seller to write contract and to verify all information with onsite agents. Water Company is Santa Cruz Water Company and Sewer is Palo Verde Utilities Company.

1263 E Palo Verde Drive Casa Grande, AZ 85122

$459,990
5 Beds
3 Baths
2,549 SqFt
Status Active
MLS # 6637959
Property Type Single Family Residence
Price Type --
If you're looking for a ranch style, true 5 bedroom split floorplan, in Casa Grande, AZ then look no further! This home, built in 2018, consists of 5 bedrooms, 3 full bathrooms, a 2 car garage and sits on a corner lot 8,448 sqft in size. It has a very spacious backyard with lots of citrus trees and even a large covered patio for those fall, winter and spring nights you may want to enjoy the Arizona weather. This home has had only one owner and has been kept in meticulous condition. There is surround sound throughout and even a multi-camera owned security system and it's all located within the Cottonwood Ranch community of Casa Grande.

26825 W Kerry Lane Buckeye, AZ 85396

$459,990
2 Beds
2 Baths
1,574 SqFt
Status Active
MLS # 6642095
Property Type Single Family Residence
Price Type --
Up to 3% of Base Price or total purchase price, whichever is less, is available through preferred lender. This home offers two bedrooms two bathrooms, 4' garage extension, AV built-in, extension at rear of home, large laundry, gas stub and outlet package, 8' interior doors, stainless steel range/oven and microwave, dishwasher, upgraded flooring, cabinets, counter tops and surrounds. Upgraded electrical package and garage hobby package. Complete January 2024.

2182 W Altimeter Way Paulden, AZ 86334

$459,900
4 Beds
2 Baths
2,280 SqFt
Status Active
MLS # 6615303
Property Type Manufactured Home
Price Type --
STUNNING NEW CLAYTON HOME IN BEAUTIFUL SETTING OFF PILOT'S REST AIRSTRIP. THIS IS AN AMAZING PROPERTY WITH FOOTHILLS VIEWS OF PRESCOTT NATIONAL FOREST ***LESS THAN A MILE AWAY***. VERY SCENIC AREA. APPROX 1 MILE NORTH OF PAVED BIG CHINO ROAD. SPACIOUS OPEN FLOOR PLAN WITH HUGE ATTENTION TO ENERGY EFFICIENCY. PROPERTY WILL SELL FAST. SEE DOCUMENTS TAB.

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