How Will Having a New President Impact Your Mortgage? Let’s Take a Look

How Will Having a New President Impact Your Mortgage? Let's Take a LookThere is always uncertainty in the market in an election year, but many people are wondering exactly what kind of impact Donald Trump’s election will have on their mortgage and the real estate options available. Whether you are still paying off your home or have been shopping around for the right one, here are some possibilities for the real estate market following the results of the 2016 election.

An Increase In Luxury Properties

With the release of Donald Trump’s tax plan which provides the most sizeable tax cuts to the wealthy, it could be the case that there will be an increase in the demand for high-end properties which may lead to less availability and a higher price point. As this kind of demand could also work to bump up the median price of real estate in urban areas, it could have an adverse impact on low-income earners who may see themselves priced out of a more expensive market.

Rising Mortgage Rates

Most people that have been perusing the market recently have heard about the low interest rates that make purchasing a home a good financial decision. However, following the uncertainty of the election, interest rates are on the rise. While the sense of instability may persist until potential homebuyers know more, this boost in the rates since the election may mean that many buyers will decide to hold off until the new year.

A Loosening Of Regulations

The concept of the cost involved in regulation was something that Donald Trump brought up many times on the campaign trail, and this could be a sign that he is ready to make adjustments when it comes to housing regulations. While there may be little he can do at the local level, if regulation changes take hold, this could mean more loan opportunities for those with a poor credit history who may not have been a shoe-in for a mortgage previously.

With the fluctuations of the market dependent upon a variety of factors, it’s hard to say what will occur in the mortgage market in the next few months and years. However, with mortgage rates on the rise and the potential change in regulations, it could continue to fluctuate until there is more certainty on the horizon.

What’s Your Home Worth?

Search for Your New Home

10777 E Distant Hills Drive Scottsdale, AZ 85262

$7,995,000
5 Beds
6.5 Baths
7,331 SqFt
Status Active
MLS # 6648202
Property Type Single Family Residence
Price Type --
Stunning Hillside Estate with Golf membership available! Commanding views overlooking Desert Mountain, Valley, mountain, sunset and city light vistas and beyond. Thoroughly comfortable yet elegant mountain style home featuring impressive wood beams, artisan crafted stone, wood moldings, doors and cabinetry throughout. Five Bedrooms in all including detached 2-room guest house. Entertaining sit-up bar opens to living, chef's kitchen morning room. Impressive primary BR wing with stunning bath, private view patio and hearth. Fully paneled office/library/den with private inner office. Never miss a game ...AV system with 3 display TV's in both Great Room and Library! Extensive sun and shade patio for year-round living. Impeccable and timeless! Four-car garage. Furniture is available.

6619 E Stallion Road Paradise Valley, AZ 85253

$7,995,000
4 Beds
8.5 Baths
8,000 SqFt
Status Active
MLS # 6656548
Property Type Single Family Residence
Price Type --
Amazing luxury estate blended in at the base of Mummy Mountain and a rare find in the heart of Paradise Valley. Imported materials include reclaimed cobblestone from Rome, Italian marble, handcrafted furniture style cabinetry and masterful craftsmanship throughout home. Expansive covered patio, barbecue kitchen area, synthetic grass, pool, spa and fireplace. Mature landscaping accents the Santa Barbara-Tuscan Architecture. Split floor plan with 4 en-suites, office including a fireplace. Master suite has separate water closets; one with a bidet. A soaking/jetted tub in the center of the bathroom and large pass-through shower with dual rainforest shower heads. Stunning home is a must see.

6737 E Exeter Boulevard Scottsdale, AZ 85251

$7,995,000
5 Beds
7 Baths
6,876 SqFt
Status Active
MLS # 6650382
Property Type Single Family Residence
Price Type --
This brand new custom home is a true showstopper. The amazing team at Caniglia Development has created an absolute masterpiece combining classic elegance with a modern vibe. The exceptional design, architectural excellence and superior construction will impress anyone with an eye for quality and style. The kitchen will be gorgeous with top-of-the-line appliances, oversized prep spaces and custom cabinetry, the great room will be exquisite with soaring ceilings and a chic fireplace, the office will make working from home the preference, the game room will be a perfect spot for kids and adults alike, and all the bedrooms and baths have their own unique elements including a breathtaking owner's suite with a spectacular bathroom. The grounds will be every bit as impressive as the home with

6216 N 38th Place Paradise Valley, AZ 85253

$7,995,000
5 Beds
7 Baths
11,097 SqFt
Status Active
MLS # 6647587
Property Type Single Family Residence
Price Type --
This glamorous estate is for those who appreciate artistic modern design coupled with classic elegance. Beyond the private gates sits a home loaded with sophistication and architectural excellence. The entry is accented by a copper clad pivot door that leads to exquisite living spaces. The kitchen features two twelve-foot islands, cabinetry imported from Spain, Wolf and Subzero appliances and a morning bar with built-in Miele coffee station. The entertaining areas are refined, yet comfortable and the flow of the home is flawless. The magnificent primary suite has floor to ceiling windows that frame views of Camelback Mountain spanning all the way to downtown Phoenix, and the primary bath will take your breath away. A 500-bottle wine room, 3-tiered movie theater, junior suite with an aromatherapy steam shower that would make a perfect home gym, wide plank oak floors with quartz inlays, marble and quartz accents, exceptional custom cabinetry, fully retractable walls of glass, custom ceilings, and opulent lighting are just a few of the exquisite design features inside, and the outdoor living is an absolute dream with a beautiful pool surrounded by sandblasted marble pavers, and a large yard with synthetic turf. The fully loaded Crestron home automation system includes lighting controls, security cameras and audio, both inside and out, and the driveway can accommodate up to 20 cars. This contemporary showpiece sits on 1.36 acres in a prominent Paradise Valley neighborhood!

5508 N Quail Run Road Paradise Valley, AZ 85253

$7,995,000 - 4Br/7Ba -  for Sale in Stoneview, Paradise Valley
Open House
$7,995,000
4 Beds
7 Baths
7,040 SqFt
Status Active
MLS # 6686168
Property Type Single Family Residence
Price Type --
Indulge in the epitome of luxury living with this breathtaking residence. As you approach, the curb appeal captivates with its exquisite opulence, as you drive up under the large Portico held up with large Cantera Pillars and beautiful T & G wood ceiling and looking at the 10-foot double Metal and glass entry doors, setting the stage for the grandeur that awaits within. Enter through the grand foyer, where soaring hand-painted Groin arched ceilings and rich maple wood flooring create an immediate sense of elegance. The formal domed dining room, adorned with similar hand-painted ceilings, invites you to savor refined meals and opens to a private courtyard, seamlessly blending indoor and outdoor living. A versatile office study, doubling as a potential fourth bedroom, boasts coffered ceilings and double-crowned accents and a full bathroom of its own. This room opens to yet another charming courtyard, providing a tranquil and private retreat. As you continue into the Living area you will experience a very open living area, in the Main living area, you will notice the main focal point is the large gas fireplace with a large Cantera mantle and custom-made gate. Along with the large sliding glass wall looking out to the back oasis and camelback mountain. You'll love the kitchen a culinary delight with an expansive island, pendant lighting, ivory cabinets, and exquisite details like a custom hood vent and ornate backsplash. Pot filler, High-end appliances, including a 48 Wolf Series gas range and a Sub-Zero integrated Freezer and refrigerator, elevate this space to meet the needs of the most discerning chefs. Designed for entertaining, the butler's pantry complements the kitchen, providing additional cabinetry, countertop space, a sink, and a second dishwasher, another full-size refrigerator. The powder room is a work of art with custom textured walls and a hand-selected onyx stone sink, adding a touch of sophistication. As you walk down the hallway you will run into the lavish 300 bottle climate-controlled wine room which is a piece of art by itself. You will then enter the bonus living area in which you will be able to enter Each of the additional bedrooms in which each are generously spacious, offering a haven of comfort with private en-suite bathrooms with walk in closets. The primary master suite is the heart of this magnificent home, a secluded Master wing retreat, featuring over 2000 sq ft of A sanctuary retreat that you may not want to leave. With automatic shades, a soothing electric fireplace, and direct access to the backyard oasis. The primary en-suite is a true sanctuary, offering his and her water closets, separate sinks, and custom large walk-in dual closets. The grand jetted soaking tub, adorned with an ornate chandelier, provides a luxurious space for relaxation. Additional features of the primary en-suite include an expansive walk-in steam shower, a separate washer/dryer, and an extended nook area that can be customized for various purposes, such as a gym or nursery or office space. Step outside to the backyard, a true paradise designed for leisure. An expansive covered patio with a tongue and groove ceiling, fans, and a misting system beckons you to unwind. The 45 ft sparkling pool and infinity edge hot tub offer a refreshing retreat after a long day. For golf enthusiasts, two putting greens await, adding a touch of recreation to the outdoor haven. Overlooking the pool, a stately ramada area becomes the focal point for entertaining, complete with a cozy fireplace and a gas grill. This outdoor space seamlessly combines luxury and leisure, providing a perfect setting for gatherings. The property extends its hospitality with a 900 sq ft guest housea one-bedroom retreat with two bathrooms, a full kitchen, and a walk-in closet. Adorned with porcelain tiles in a herringbone pattern, this space effortlessly combines elegance with functionality, offering a stylish living experience for guests. For automotive enthusiasts, the climate-controlled 1460 sq foot 4-car garage is a haven. With Metallic epoxy flooring, built-in storage space, and an extended workspace cater to both functionality and aesthetics. A private paved auto courtyard adds convenience, along with 2 RV gates and a 300 sq ft storage area. In summary, this residence seamlessly combines architectural precision with 6113 sq ft of opulent living area in the main house and 924 sq ft of guest house area. There is over 10000 sq ft under roof area. Every detail has been meticulously crafted to create a haven where luxury, comfort and style converge, offering an unparalleled experience.

6519 E Malcomb Drive Paradise Valley, AZ 85253

$7,950,000
5 Beds
7.5 Baths
9,578 SqFt
Status Active
MLS # 6606692
Property Type Single Family Residence
Price Type --
Welcome to the palatial ''Casa Bello Vino'' estate. The remarkable 9.5 foot carved wooden door opens to a home with intricate design and impressive details. The herringbone travertine graces the walkways as you make your way to the extraordinary 2 story wine cellar. Evoking a European castle, the stone cellar can hold over 750 bottles of wine. The brick barreled ceiling in the adjacent hallway takes you to the executive office. Adorned in elaborate carved wood and complete with a private bathroom and covered patio. The curved, stone staircase leads you to the expansive primary suite. Sit in front of the fire, enjoy views of Camelback Mountain and relax on the terrace. The primary bathroom is an oasis embellished with luxurious marble, lavish walk-in shower, and an expansive closet with washer & dryer. The adjoining home gym includes a steam room, and invites relaxation on the trellised deck with magnificent Camelback Mountain views. The three additional sophisticated en-suite bedrooms are all highly appointed with impressive finish elements. Below, an executive office, adorned in elaborate carved panelling is complete with a private bathroom and covered patio. Enjoy entertaining in the finest gourmet chef's kitchen with exquisite granite, custom cabinetry, hand-painted tile, two walk-in pantries, butler's pantry and the phenomenal walk-in refrigerator and freezer. The media room beckons with gorgeous wood inlayed flooring, wet bar, and direct access to the outdoor paradise. The lush, resort backyard welcomes enjoyment on the putting green, built-in BBQ, diving pool, therapeutic spa, and cabana. Bonus elements include additional workspace/office, opulent powder room featuring a 700 year old Turkish sink, elevator and secure space. The car enthusiast will revel in the temperature controlled 6 car extended garage with the ability to add lifts - for a total of 12 cars. A stunning home in the heart of Paradise Valley.

4723 E Mariposa Street Phoenix, AZ 85018

$7,950,000
5 Beds
6.5 Baths
6,700 SqFt
Status Active
MLS # 6678534
Property Type Single Family Residence
Price Type --
MOVE IN READY...Discover Arcadia, where Vista General has crafted another gated masterpiece, designed by Matt Thomas Architecture, with interiors by NoMad Design and landscaping by Berghoff Design Group. This modern ranch home epitomizes luxury living, showcasing the stunning beauty of Camelback Mountain from its serene cul-de-sac location. Walls of glass, meticulous finishes, and lush grounds create an inviting atmosphere for you and your family. With 5 en-suite bedrooms, 6.5 baths, an office, game room, kids hangout, and bonus room, there's space for every lifestyle. Whether you're relaxing in the private heated pool/spa, BBQ and indoor/outdoor bar or entertaining guests, this brand new construction offers the ideal retreat in Arcadia. Do not miss out on this opportunity!

11625 N 67th Street Scottsdale, AZ 85254

$7,895,000
5 Beds
5 Baths
6,883 SqFt
Status Active
MLS # 6700959
Property Type Single Family Residence
Price Type --
TO BE BUILT - Experience luxury redefined in Scottsdale with ''Apollo,'' a nearly 7,000 sq ft mansion by renowned builders Modern Masterpieces. This architectural marvel blends contemporary and industrial designs, featuring a dramatic 25-foot smart glass atrium and functioning as a private art museum with extensive collections and digital NFT displays. Dual Gaggenau kitchens cater to culinary aficionados, while a five-car garage delights car enthusiasts. Enjoy unmatched privacy with smart glass walls connecting indoor and outdoor spaces. Retreat to the serene Zen garden or the luxury owner's suite. Entertainment is top-notch with a 4K Dolby Atmos theater and a full-size pickleball court. Apollo is modern sophistication where luxury meets functionality.

6440 E Stallion Road Paradise Valley, AZ 85253

$7,795,000
8 Beds
8.5 Baths
9,472 SqFt
Status Active
MLS # 6651475
Property Type Single Family Residence
Price Type --
Exquisite very tranquil Paradise Valley Estate in the heart of Paradise Valley on a large 1.28 acre cul-de-sac lot. Expansive rooms with soaring ceilings and a large open floor space plan totaling 9400 sqft including two separate guest houses. There is plenty of natural light flooding the entire home with expansive covered patios. Seven bedrooms with one office / study with its own patio Each bedroom is a complete en-suite with walk-in closet and full bathroom. Total of 8.5 bathrooms with a gorgeous powder room. Meticulously cared for, the house is in immaculate condition with extensive updating and remodeling in the past 3 years. A gourmet kitchen with double Bosch dishwashers and Thermador double ovens and five burner cook top and warming oven. Large Subzeroes. A brand new expansive kitchen island with exotic onyx and granite with creative under granite lighting A custom wet bar with fresco in ceiling. Two wine cellars to accommodate 200 wine bottles. A beautiful large foyer in the entry way with Monèt fresco hand painted by a well known artist with a unique chandelier. New granite vanities in the secondary bedrooms with new flooring. 5 plus car garage with storage cabinets lining the walls and additional slab parking for more vehicles. A gym and a sitting room form part of the very large master bedroom suite. A free flowing glass tile pool and hot tub with jets with in floor cleaning system and water features and surrounded by lush landscape and date palms. The back yard is expansive with views of McDowell and Mummy Mountains. Large cantera barbecue island and a fire pit with cantera sitting for family and friends get together. This is an entertainer's dream. There are three large indoor gas fireplaces. The double guest houses can serve as two in-law accommodations or his and hers offices or play rooms or teenager hangouts. There is a full kitchen with laundry in the main guest house and a kitchenette in the second studio guest house. Each has its own walk-in closet and full bathroom. Both guest houses have high ceilings and have been completely renovated in 2023 with brand new appliances, vanities and plumbing fixtures and more This residence is also well suited for multigenerational home for family gatherings. The home is ideally located with in 15 minutes drive to both the Phoenix International Airport and the private Scottsdale Airport, the exotic shopping areas and fine dining restaurants of Old Town Scottsdale and North Scottsdale and schools and medical facilities. The large yard can also accommodate a pickle ball court. This estate awaits the most discerning of buyers.

41477 N 95th Street Scottsdale, AZ 85262

$7,750,000
4 Beds
4.5 Baths
4,740 SqFt
Status Active
MLS # 6696330
Property Type Single Family Residence
Price Type --
Full Golf membership Available. Welcome to your slice of paradise in the prestigious Saguaro Forest at Desert Mountain! We are thrilled to present to you an exclusive opportunity to own a stunning home nestled along the 15th hole of The Chiricahua Golf Course. Imagine waking up to breathtaking views of the surrounding mountains and the lush greenery of the 15th fairway, all from the comfort of your own home. This large, acre-plus homesite offers elevated vistas and close-in views of the 15th green, ensuring both privacy and an abundance of open space. With a wide desert arroyo separating your homesite from the golf green, you can enjoy peace and tranquility while still being immersed in the beauty of the natural landscape. Construction has already commenced on this magnificent new build home, designed and built by the esteemed team at Graffin Design and Black Stone Development. This contemporary masterpiece boasts everything today's discerning buyers seek in a luxury residence. With a thoughtful layout that eliminates interior steps, the home features 4 spacious bedrooms, 4 ½ baths, an office, and a massive pantry that can pull double duty as a scullery. The heart of the home is the expansive great room, seamlessly connected to the outdoors through walls of glass and multi-slide door systems. Indulge your inner chef in the gourmet kitchen, equipped with the latest high-end appliances and cutting-edge finishes. From there, step outside to the patio, pool/spa, and outdoor kitchen, where you can entertain guests or simply unwind in the desert breeze. With construction well underway, there's still time to customize finishes to your liking and make this home truly your own. Whether you prefer sleek minimalist designs or cozy rustic touches, our team is here to bring your vision to life. And when you're ready to explore beyond your doorstep, Desert Mountain offers a wealth of recreational opportunities. Bike or hike along over 20 miles of multi-use trails, immersing yourself in the stunning Sonoran Desert landscape. Tee off at one of seven world-class golf courses, each offering its own unique challenges and breathtaking views. For dining and socializing, the Chiricahua and Cochise Geronimo Clubhouses are just a stone's throw away, offering gourmet cuisine and an array of social events. Stay active at the Sonoran community fitness facility, or pamper yourself with a relaxing spa treatment at the Desert Mountain Spa. With seven clubhouses and seven golf courses to choose from, you'll never run out of options for leisure and entertainment. Whether you're seeking outdoor adventure, culinary delights, or simply a place to unwind and relax, Desert Mountain has something for everyone. Don't miss out on this unparalleled opportunity to create your Desert Mountain dream lifestyle. Enjoy a private tour today and experience the beauty and luxury that await you in the heart of the Sonoran Desert.

10225 E Journey Lane Scottsdale, AZ 85255

$7,750,000
6 Beds
7.5 Baths
8,387 SqFt
Status Active
MLS # 6656826
Property Type Single Family Residence
Price Type --
Beautiful Silverleaf corner lot on Weiskopf championship course with stunning mountain views. Immaculate custom build with no expense spared. Home lives on one level with bonus entertaining den and patio, gym /office or guest upstairs while three ensuite bedrooms off a kids living room on opposing wing from master, office and full casita all live ground floor. Private U shape around the pool, perfect hole location to capture soaring green course but not get hit by any balls. Close to the Upper Canyon manned entry guard gate and five minutes from prestigious Silverleaf and DC Ranch Country Clubs. Rich limestone floors, marble counters, his and her closets and vanities, rich oak floors and light bright high ceilings. Formal dining and living, numerous entertaining patios and bars.

4636 E Moonlight Way Paradise Valley, AZ 85253

$7,650,000
7 Beds
6.5 Baths
9,066 SqFt
Status Active
MLS # 6644409
Property Type Single Family Residence
Price Type --
Gorgeous home with NO HOA comes fully furnished, down to the towels! Perfectly nestled in the Phoenix Mountain Preserve, with unobstructed mountain, valley & city light views. Stunning Turkish Versailles travertine & hardwood flooring throughout, one of the many beauties of this home are all of the indoor/outdoor living options. The chefs kitchen looks out onto a''rainforest'' waterfall, stainless steel appliances, slab granite counters & custom cabinetry.The primary suite, built in a rotunda design, boasts 360 degree views. The home has been an active and popular VRBO for years. Freshly painted, decorated, and updated over the past 2 years. It's a must see! Ignore days on the market it is an active VRBO.

Leave a Reply

Your email address will not be published.