Buy Your Home Today: Understanding Why It’s a Bad Idea to Try and Time the Mortgage Market

Buy Your Home Today: Understanding Why It's a Bad Idea to Try and Time the Mortgage MarketIt’s often the case that people will opt to postpone home ownership until the best rates are available or it’s a more stable investment, but in an ever-shifting market it may not be the best decision to put such a sizeable investment off. If you’re wondering whether or not you should put off investing in a home, here are some reasons you may want to start putting your time into searching for a home.

Interest Rates Always Fluctuate

While interest rates are constantly changing and have certainly risen since the economic recession of 2008, they still remain relatively low and this can make investing in a home an even better financial decision. There are no certainties that market rates will remain low, but given a lower monthly payment and the easier qualifications nowadays to acquire a loan, the present may be the best time to start investing in your own place.

Investing Early Reaps Financial Rewards

It’s easy enough to wait for a lower home price or even improved interest rates, but there is no guarantee that the market will shift down. In the meantime, you may be spending at lot of your monthly paychecks on rent. If home ownership is one of your goals in life and you’re living month to month with a high rental payment, investing money into a home is a sure way to gaining equity for the future, even in the event that the market shifts up.

It’s A Good Time To Buy

When it comes to the market, there may always be a time coming when you’ll get a better deal, but the fact remains that homes tend to remain on the market a lot longer these days and it’s largely a buyer’s market. There are no guarantees that you’ll be able to find the house you want at the price you can afford, but there are a lot of good deals to be found these days and investing sooner is an opportunity to reap financial rewards down the road.

Many people hold off on home ownership because they are waiting for prices to come down or interest rates to change, but the sooner you invest in a home, the more you can benefit from investing into something that is entirely your own. If you’re currently perusing the market for a home at a price you can afford, give me a call – J.P. Cook – 602-320-4253.

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34596 N 99th Way Scottsdale, AZ 85262

$1,545,000
4 Beds
3.5 Baths
3,117 SqFt
Status Active
MLS # 6763085
Property Type Single Family Residence
Price Type --
Welcome to this beautiful residence nestled within the prestigious gated community of Legend Trail. This captivating home offers 4 bedrooms and 3.5 bathrooms. As you approach, an inviting iron gate opens to a serene private front courtyard with lush landscape and water feature. As you enter, you'll be greeted by soaring 9+ft ceilings and an abundance of natural light streaming through the windows, offering picturesque views of the backyard oasis. The expansive living features a charming brick fireplace, providing a warm and inviting atmosphere perfect for relaxation or gatherings. Large windows offer views of the sparkling pool, enticing you to unwind and enjoy indoor-outdoor living at its finest. Both the front and back of the home include desert landscaping ideal for low maintenance and lock and leave lifestyle. The kitchen, ideal for culinary enthusiasts, is equipped with a breakfast bar accented by a brick knee wall and pendant lighting, granite countertops, ample white cabinetry, a pantry, and a striking blue kitchen island with a gas cooktop. Stainless steel appliances, including a double wall oven, elevate the functionality of this space, which also includes an eat-in area and a wet bar, making it perfect for entertaining. For more formal gatherings, the home offers a separate dining area with French doors leading to the front courtyard, enhancing the indoor-outdoor flow. Retreat to the luxurious primary bedroom offering expansive windows framing views of the backyard, a dual sink vanity, a separate tub and shower, and a generously sized closet. Additional highlights include a laundry room with more cabinet space for storage and a sink, as well as a split 3-car garage for added convenience. The private backyard area includes a built-in BBQ, fireplace and seating, perfect for outdoor entertaining. Enjoy the covered patio, offering a cool retreat on hot summer days, complete with a ceiling fan and electric awnings. Experience the sought-after amenities of Legend Trail, including golf, a clubhouse, fitness room, pool and spa, pickleball and tennis courts making this home an ideal choice for those seeking the ultimate desert lifestyle!

8 Biltmore Estates Drive Unit 313 Phoenix, AZ 85016

$1,545,000
3 Beds
2.5 Baths
2,329 SqFt
Status Active
MLS # 6738169
Property Type Townhouse
Price Type --
Experience true luxury living at the Biltmore Fairway Lodge in this beautifully renovated condo. 3 bed/2.5 bath that has undergone a full interior remodel in 2022 . Every fixture meticulously chosen & over $600K in upgrades! Soaring high ceilings creates a stunning home with open living space complete with a premium chef's kitchen-luxury appliances include Wolf dual fuel range ,Subzero freezer/fridge drawers , Thermador refrigerator & wine cooler and Cove dishwasher. RO System in Kitchen plus new mechanicals all in 2021! Spacious master w/ private balcony and incredible mountain views. Two parking spots included + Huge storage unit ! Modern onsite amenities include heated pool & spa, fitness center & round-the-clock security with onsite management. retreat. Additionally, you'll benefit from two dedicated parking spots and a generous storage unit. Take advantage of outstanding onsite amenities, including a heated pool and spa, a fitness center, and round-the-clock security with dedicated management. This is luxury living perfectedall within minutes of Biltmore shopping, dining, & resorts!

2626 E Arizona Biltmore Circle Unit 35 Phoenix, AZ 85016

$1,539,000
3 Beds
2.5 Baths
2,754 SqFt
Status Active
MLS # 6746652
Property Type Single Family Residence
Price Type --
Stunning home in the highly desirable gated community of Biltmore Square at the Arizona Biltmore. This property offers an ideal layout with two en-suite bedrooms, an office that could serve as a third bedroom, & a versatile upstairs loft. The spacious great room boasts soaring ceilings, a propane fireplace, tile flooring, & a formal dining area bathed in natural light from expansive picture windows & French glass doors. The chef's kitchen is equipped with a Wolf induction cooktop, double ovens, a wine fridge, granite countertops, a butcher block island, & a cozy breakfast nook. The primary suite includes access to the patio, a fireplace, & a walk-in closet. The immaculate backyard features a propane fire pit, built-in BBQ grill, ample seating, artificial turf, lush landscaping, and overlooks the 12th green with picturesque mountain views.

20705 E Marsh Station Road Vail, AZ 85641

$1,535,000
3 Beds
2.5 Baths
4,039 SqFt
Status Active
MLS # 6777269
Property Type Single Family Residence
Price Type --
Welcome to a one-of-a-kind gated estate on a private hill in Arizona's gorgeous landscape. Enjoy 5.6 acres plus an additional 51 acres of adjoining land, offering unparalleled seclusion and panoramic views. This 4,039-sq-ft luxury home features 3 spacious bedrooms, 2.5 baths, a chef's kitchen with custom knotty alder cabinetry, and an open-concept living area with stunning wood beam ceilings. Breathe in the desert vistas from expansive windows and outside patio off living area. Relax by two fireplaces-pick your view!. Additional amenities include a 3,200-sq-ft detached warehouse/workshop with a 20x80 carport, perfect for storage or creative projects. Don't miss this Arizona paradise

3006 E Posey Court Star Valley, AZ 85541

$1,530,000
3 Beds
3 Baths
3,048 SqFt
Status Active
MLS # 6749066
Property Type Single Family Residence
Price Type --
This 3,480sf, Pioneer Log Home, sitting on just over 1 acre in a private gated community, will take your breath away! Constructed of Massive Western Cedar Logs, carefully sited into the natural surroundings with a year round creek at the rear of the home has unmatched beauty! This home features a 2 way wood burning fireplace that heats both the large great room and spacious master bedroom, Small pond and waterfall feature in great room, big kitchen with gas cook top, kitchen island, breakfast bar, and giant laundry area/ mud room, and fire suppression system. Walk upstairs to find another living area, two huge bedrooms, and giant jacuzzi tub with double sinks and walk in shower! Bring the outdoors in with floor to ceiling windows, and great natural lighting. There is 5,000 Square Feet Under Roof which includes the covered porches, breezeway and the garage (provided by the owner).

5455 E Lincoln Drive Unit 1016 Paradise Valley, AZ 85253

$1,529,000
2 Beds
2.5 Baths
1,702 SqFt
Status Active Under Contract
MLS # 6639094
Property Type Apartment
Price Type --
Indulge in loft living at Mountain Shadows Resort! exquisitely upgraded 2-bedroom loft home is adorned w/ designer touches & meticulous details. Nestled against the breathtaking backdrop of Camelback Mountain, Mountain Shadows Resort offers a distinctive lifestyle in a community of only 41 condo & loft homes, providing a serene Paradise Valley setting w/ full privileges at the resort iincluding a pool, spa, gym, restaurants & concierge services. There's also the unique opportunity to join the rental pool for stress-free income generation. Welcome to the epitome of resort living in Paradise Valley! Step into this two-story residence that emanates unparalleled style, offering turn key living at its finest. Furniture is avail for purchase. Property has ability to be in rental pool program.

6942 E Thirsty Cactus Lane Scottsdale, AZ 85266

$1,525,000
3 Beds
2 Baths
2,472 SqFt
Status Active
MLS # 6749247
Property Type Single Family Residence
Price Type --
Wonderful home in Terravita Country Club with views of the 14 fairway and Black Mountain with stunning AZ sunsets! This remodeled home offers a fabulous kitchen, granite and luxury stainless appliances all overlooking the great room. The view windows offer unparalleled views of the surrounding mountains, sunsets and world-famous Saguaros. This Caelum model plan is perfect for guests to relax, both inside and out! The backyard is a resort paradise with a heated pool, large built in BBQ/entertaining bar, large gas fire-place and lots of outdoor seating with and covered patio areas to enjoy the best of Arizona resort living! This is a must see!

7117 E Rancho Vista Drive Unit 4006 Scottsdale, AZ 85251

$1,525,000
3 Beds
2.5 Baths
1,734 SqFt
Status Active
MLS # 6755060
Property Type Apartment
Price Type --
RARE CORNER UNIT COMPRISED OF 3 BEDROOMS + 2.5 BATHS, TWO SEPARATE ENTRANCES (ONE FOR RESIDENT, ONE FOR GUESTS) WITH TWO EXPANSIVE TERRACES, WITH CAMELBACK MOUNTAIN AND CITY VIEWS. PANORAMIC FLOOR-TO-CEILING GLASS SLIDERS. TWO SECURED UNDERGROUND PARKING SPACES NEAR ELEVATORS. AWARD-WINNING OPTIMA CAMEL VIEW IS RENOWNED FOR ITS PRIME LOCATION AND CUTTING-EDGE ARCHITECTURE OFFERING UNPARALLELED AMENITIES INCLUDING POOLS, SPAS, BBQ AREAS, AND A RECENTLY UPGRADED TWENTY-FOUR THOUSAND SQUARE FOOT FITNESS CENTER WITH LOCKER ROOMS, STEAM ROOMS, INDOOR LAP POOL, SPAS, AN ON-SITE CONCIERGE, PUTTING GREEN, HYBRID BASKETBALL/PICKLEBALL COURT, AND RESTAURANT. WALKING DISTANCE TO, COFFEE SHOPS, RESTAURANTS, NIGHTCLUBS AND ALL THAT OLD TOWN SCOTTSDALE HAS TO OFFER.

7374 E Woodsage Lane Scottsdale, AZ 85258

$1,525,000
3 Beds
2.5 Baths
3,472 SqFt
Status Active
MLS # 6747900
Property Type Single Family Residence
Price Type --
Exquisitely curated interiors create the distinguished ambiance offered in this very private, gracious villa. Discerning tastes will take note of the Ralph Lauren inspired fabrics and appointments throughout the spacious floorplan, with comfortable, open living spaces on the main level, including the dramatic vaulted entry & formal living room w/ wet bar, sophisticated Formal Dining, well-lit kitchen w/ charming breakfast room adjacent to the finely appointed Family/TV room, which overlooks the private patio with glass tiled dipping pool. Upstairs, the Primary Suite is a richly appointed sanctuary of it's own, separated by an open walkway from the secondary bedrooms. Additionally, an office/exercise room & delightful powder room exist on the main floor. (Newer roof w/ warranty.) Furniture may be purchased by separate bill of sale for a move-in ready scenario, if desired.

6055 E Indigo Sky Road Hereford, AZ 85615

$1,525,000
3 Beds
3.5 Baths
3,307 SqFt
Status Active
MLS # 6777571
Property Type Single Family Residence
Price Type --
This stunning Santa Fe style 3300 ft.² + is located between Bisbee and Sierra Vista AZ. Just off highway 92 backed against Thompson Peak. This property offers a perfect blend of modern elegance and serene desert living on a spacious 5 acre lot. The house offers two master suites and 2 1/2 bathrooms. The open concept layout flows seamlessly from the welcoming large foyer with Stackstone accents, to the expansive living areas. The gourmet kitchen is equipped with high-end appliances, granite countertops, butcher block Island, Stackstone backsplash and tons of maple cabinets. The huge main master suite provides a relaxing retreat with panoramic valley and Mountain View's walk-in closet, spa like bathroom and private balcony. A detached one bedroom, guest suite and a 40 ft RV garage/worksho

7438 E Visao Drive Scottsdale, AZ 85262

$1,525,000
4 Beds
3.5 Baths
3,146 SqFt
Status Active
MLS # 6786533
Property Type Single Family Residence
Price Type --
Experience this beautifully remodeled single-level home in the exclusive guard-gated community of Bellasera. Upgraded to perfection, this residence boasts new flooring, elegantly redesigned bathrooms, and a custom chef's kitchen with a gas cooktop that seamlessly flows into the formal dining and living areas—ideal for hosting and everyday living. Offering 4 bedrooms (3 in the main house and 1 in the attached casita) and 3.5 bathrooms, the home features a transitional interior design and an open-concept great room floor plan. Enjoy unparalleled privacy in the resort-style backyard, which backs to open space and spectacular mountain views, and built in BBQ. A low-maintenance home with a hassle-free yard—ideal for winter visitors/2nd home, yet large enough to put a resort like pool. Bellasera's premium community amenities include a fitness center, play pool, lap pool, spa, library, sport courts, and a dog park. This home is the perfect blend of luxury, style, and tranquility. Welcome home!

9781 E Gamble Lane Scottsdale, AZ 85262

$1,525,000
4 Beds
3 Baths
3,166 SqFt
Status Active
MLS # 6754348
Property Type Single Family Residence
Price Type --
Fantastic opportunity to own a completely remodeled, single level home in the Monument at Troon North. Fall in love with its gorgeous open floorplan featuring wood floors, linear fireplace in great room, chefs kitchen with Wolf Range, double ovens, under/over/inside cabinet lighting, huge breakfast island and quartzite counters. Your favorite room will be the dining room with its lovely view and wall to wall hutch that makes a statement. The inviting primary suite features cozy fireplace and a exit to back patio and view deck. Enter primary bath thru barn door into spa like bath with free standing tub, double sinks, huge shower, private water closet and large walk in closet with organizers. Huge second ensuite with lots of closet space and lovely bath with backlite mirrors, tiled mirror, tiled wall and a lot of style. Large 3rd and 4th bedroom offer walk in closets, shutters, nicely sized, 4th has private patio. Well laid out laundry room with sink and extra refrigerator space. This corner lot gem is a must see, desert landscape with a lot of lights and RV gate, this lot is large enough for putting green, pool and ramada or possibly a guest home! Garage is 3.5 at least and extended. View Deck offers 360 degree Mountain views as well as city lights!

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