4 Great Reasons to Buy This Spring!

4 Great Reasons to Buy This Spring! | Simplifying The Market

Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained around 4% over the last couple months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by at least a half a percentage point this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You are Paying a Mortgage 

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

4. It’s Time to Move on with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.  Give me a call to get started on the process to own your own home – J.P. Cook – 602-320-4253.

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10103 E Plata Avenue Mesa, AZ 85212

$595,900
4 Beds
3 Baths
2,146 SqFt
Status Active
MLS # 6752877
Property Type Single Family Residence
Price Type --
Seller will help pay Buyers Closing Cost/Rate Buy Down w/Right Offer! Beautifully Remodeled Home in the HIGHLY DESIRED Santa Rita Ranch Community. Complete Remodel includes NEW CABINETS, Fixtures, Flooring throughout,Quartz Counters, Paint, HVAC (2019). No Expense Spared. This charming home has 4 OVERSIZED Bedrooms, and 3 FULLY REMODELED baths. LOW maintenance TURF in both front and back yards. The backyard boasts a HUGE covered patio for entertaining along with a FULLY featured PEBBLETEC POOL with large GREENBELT backing the home for an airy and private experience. This home is centrally located near valley freeways, award winning Shopping/Restaurants and GILBERT Schools. This home WILL EXCEED all your expectations.

2214 S Las Flores -- Mesa, AZ 85202

$595,900
4 Beds
2 Baths
2,029 SqFt
Status Active
MLS # 6783800
Property Type Single Family Residence
Price Type --
Welcome to this beautifully remodeled home, featuring modern upgrades and an inviting open layout. The kitchen is a standout, complete with a large peninsula, brand new stainless steel appliances, and sleek white cabinetry, offering both style and functionality for culinary pursuits. The living area is bright and welcoming, with updated lighting and a chic accent ceiling. The home has updated bathrooms with elegant finishes, new flooring throughout, and thoughtfully chosen fixtures that enhance its modern appeal. New AC, Water Heater and roof. Each room has been designed with attention to detail, creating a cohesive and fresh living space. Outside, you'll find a spacious backyard with low-maintenance landscaping, perfect for enjoying Arizona's outdoor lifestyle. Welcome Home

3968 E Gold Mountain Avenue San Tan Valley, AZ 85143

$595,791
4 Beds
3.5 Baths
3,146 SqFt
Status Active
MLS # 6749023
Property Type Single Family Residence
Price Type --
Gorgeous new home in Bella Vista Farms, located in San Tan Valley. The community offers access to the community pool, playground, basketball court, and volleyball court. Enjoy designer selections throughout the home including a GE Gourmet kitchen appliance package with a gas cooktop, Hana Sky Quartz countertops in the kitchen, Polaris Plus LVP, upgraded carpets, Aristokraft cabinets in flagstone, and a frameless walk-in shower in the primary bathroom. Other highlights include a split floor plan, north/south exposure, and a pool sized homesite. Utilities include Mesa Gas, EPCOR water, and Rural Metro.

11432 S 208th Avenue Buckeye, AZ 85326

$595,500
4 Beds
3.5 Baths
2,386 SqFt
Status Active
MLS # 6780972
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the rapidly growing town of Buckeye! This stunning, newly built home features 4 bedrooms, 3.5 bathrooms, and sits on over an acre of horse property, offering ample room for relaxation and recreation. Inside, you'll be greeted by an open floor concept with beautiful tile flooring that flows seamlessly throughout the home. The gourmet kitchen features quartz countertops and a large central island that provides plenty of space for preparing meals and gathering with friends and family. The 3-car garage with an epoxy finish offers both style and functionality. The landscaped front yard adds curb appeal and includes an auto-timed irrigation system. Don't miss the chance to make this beautiful Buckeye property your forever home!

4274 Old Orchard Drive Wickenburg, AZ 85390

$595,500
2 Beds
2 Baths
1,968 SqFt
Status Active
MLS # 6784828
Property Type Single Family Residence
Price Type --
Beautiful Dorn home situated on an oversized lot with completely repainted interior! Primary Bedroom situated in the back corner of home over looking common area & features Dual Sinks, Stunning Walk in Shower & Spacious Closet. Guest Suite at the front of the home w/Hall bath and Barn Door to make your guest suite private. Enclosed Office/Den space that could double as an additional Guest Bedroom. Kitchen features Corner Pantry, Large Center Island, SS Appliances, Breakfast Bar and designated Dining Area. Great Room w/prewired surround sound and Multiple sliding doors that lead out to covered patio and spacious backyard. 3 Car Garage w/built in storage and epoxy flooring.

2725 E Quiet Hollow Lane Phoenix, AZ 85024

$595,444
3 Beds
2 Baths
1,829 SqFt
Status Active
MLS # 6762893
Property Type Single Family Residence
Price Type --
Step into this stunning single-story home, where modern comfort meets the tranquility of Arizona's breathtaking landscape. Enjoy the peace of mind that comes with no neighbors behind you, allowing for unobstructed views of the serene desert vistas. As you enter, you'll be greeted by a spacious open floor plan, perfect for entertaining or cozy family gatherings. The abundant natural light enhances the inviting atmosphere, seamlessly connecting the living area to the heart of the home.The private backyard paradise, features both a beautiful pool and a covered patio. Whether you're lounging poolside or enjoying a quiet evening under the stars, this outdoor space is the perfect retreat.

972 E Mulberry Place -- Chandler, AZ 85286

$595,000
3 Beds
2 Baths
1,292 SqFt
Status Active
MLS # 6638746
Property Type Single Family Residence
Price Type --
Charming 3 bedroom and 2 bath home in new Chandler community. Hamilton Landing includes 36 single level homes each with their own front porch, private driveway for 2 vehicles and a single car garage and a small, pet friendly rear yard. Each home has 10' flat ceilings, white cabinets, luxury vinyl plank flooring in every room, two tone paint, beautiful wood trim around windows and doors and granite/quartz countertops in the kitchen and baths. The community includes a dog park with a covered ramada. These homes will be ready for occupancy between March and June of 2024. All photos are of a similar home completed in a previous community.

28409 N 451st Avenue Wickenburg, AZ 85390

$595,000
3 Beds
2 Baths
1,680 SqFt
Status Active
MLS # 6685093
Property Type Manufactured Home
Price Type --
Amazing off the grid Santa Fe style house located on 30 acres!! This beautiful 2016 manufactured home has great living spaces with tons of natural light, neutral colors, modern appliances, walk-in pantry and spacious rooms. Private well! The solar is owned outright and has batteries and a generator. The home also has propane gas for heating and cooking. Sitting on a hill it offers unparalleled views!! Also comes with covered corrals, tack room and storage area and entire property is fenced. This home is also listed with only 10 acres, at reduced price. See the semi-private remarks for details.

41225 N 253rd Avenue Morristown, AZ 85342

$595,000
3 Beds
2 Baths
1,456 SqFt
Status Active
MLS # 6772930
Property Type Manufactured Home
Price Type --
Discover the perfect blend of modern living and western charm in this 2021-built home, situated on a sprawling 3.9-acre horse property in Morristown, AZ. With 3 bedrooms and 2 bathrooms, this home offers an open, inviting floor plan and mountain views from every angle. Horse enthusiasts will love the six spacious horse pens, all equipped with power and water supply, along with a convenient round pen for training. Enjoy serene evenings on the covered patio, taking in the picturesque surroundings. This property not only provides a tranquil rural lifestyle but also the opportunity for future development, as it can be split. Whether you're looking to expand or create a custom space, the possibilities are endless. Great opportunity to own a move-in ready home on prime horse property just a short drive from the conveniences of town!

279 S Lyman Court Casa Grande, AZ 85194

$595,000 - 4Br/3Ba -  for Sale in S25 T6s R7e, Casa Grande
New
$595,000
4 Beds
3 Baths
2,382 SqFt
Status Active
MLS # 6787541
Property Type Single Family Residence
Price Type --
''SMOKING HOT DEAL ON A STUNNING CUSTOM HOME W/ BRAND NEW HVAC, This Luxurious Custom 4 Bdrm/3 Bath/ 3 Car Garage Home is Situated on a Fully Block Fenced, Cul- De Sac, FLOOD IRRIGATED 1.25 Acre Corner Lot, In A Popular, Custom Home Only, Horse Friendly, Community w/ NO HOA & Just 6 Miles From the 1-10 Freeway & Shopping Mall! Boasting Gorgeous Mountain Views, Amazing Sunrises & Sunsets, As Well As A Gorgeous Desert Scaped Backyard w/ Extended Patio, & Upgraded Screen Covering That Shades The Perfect Play & Picnic Area (Accented w/ Turf) & Still Offering space for Livestock, Gardening, Tractors & Trailers, As It Also Has a Full Circular Gravel Drive w/ Room For a Workshop or Pool & PAID OFF SOLAR PANELS!

16985 W Poinsettia Drive Surprise, AZ 85388

$595,000 - 4Br/3Ba -  for Sale in Sycamore Farms Paradisi Parcel A, Surprise
New
$595,000
4 Beds
2.5 Baths
3,478 SqFt
Status Active
MLS # 6788592
Property Type Single Family Residence
Price Type --
MLS#6788592 Ready Now! The 45-RM5 is a spacious 2-story floor plan featuring 3,478 sq. ft. with 4 bedrooms, 2.5 bathrooms, a 3-car garage, flex room, loft, and game room. Designed for comfort and versatility, the open-concept layout connects the gathering room and kitchen with a dining area to the side, perfect for family living or entertaining. The main floor boasts a private owner's suite, while the upstairs includes secondary bedrooms, a shared bathroom, a laundry room, and flexible spaces like the loft and game room. These areas can be transformed into a kids' hangout, home office, gym, or anything else to suit your lifestyle. Structural options include: gourmet kitchen.

23851 W Tether Trail Surprise, AZ 85387

$595,000
4 Beds
3 Baths
2,432 SqFt
Status Active
MLS # 6741026
Property Type Manufactured Home
Price Type --
Over 4 Acres of Horse Property with NO HOA. This beautiful home features a spacious floor plan with 4 bedrooms + den, 3 baths, (jack n jill bed/bath), front room, living room (with built in mini bar), dining room, & large kitchen with a sky light, lots of cabinets and an island. The master bath has separate shower and jetted soaking garden tub and double sinks. The den has a dual entrance to front room and the master bedroom (great for a private office or workout room) Also a detached 3 car garage and RV gate. Bring your horses, toys & RV's. 3 sheds out back by the covered horse stalls that are staying with the property. Enjoy country living and amazing views. This sale consists of 2 lots each is aprx 2 acres. Each lot has a share in the shared well. Don't miss out on this one.

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