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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3765 E Palm Street Mesa, AZ 85215

$2,245,000
6 Beds
4.5 Baths
5,454 SqFt
Status Active
MLS # 6782523
Property Type Single Family Residence
Price Type --
Don't miss 3D walkthrough and fly through video links! Rare custom home on almost one acre with RV garage, sparkling pool and flood irrigation! 6 bedrooms, 4.5 baths, and parking for 4 cars plus RV garage! New HVAC units and roof in 2023! Extended pavered patio area next to pool, pool fence, above ground spa, sunscreens, and soft water system in 2022. Master suite features large bedroom area with walkout to back patio, coffered ceilings, engineered wood floors and space for sitting area. Separate tub and shower and two closets! Beautiful kitchen with double stacked white cabinets with glass doors, wall oven, cook top and quartz counter top at island. Two large secondary bedrooms on same side of home as master that share jack and jill bathroom. Two more bedrooms on other side of home that also share jack and jill bathroom. Dedicated office with built-ins. Formal living and family rooms with an addition that includes large bonus/game room, and second master bedroom with full bath and separate tub/shower and RV garage. Bonus area opens up to pool and has wet bar with mini fridge and full upper and lower cabinets. Huge laundry with lots of counters that can also be used as craft room. RV garage is almost 34' deep, almost 23' wide. 4 car garage is 26' feet deep. Lots of covered patio area for entertaining and huge irrigated grassy backyard!

21413 W Glen Street Buckeye, AZ 85396

$2,227,300
4 Beds
3 Baths
4,204 SqFt
Status Active
MLS # 6641942
Property Type Single Family Residence
Price Type --
Designed, approved and ready to be built New VIP Custom Home! VIP has built thousands of quality energy efficient custom homes across the valley and several in Verrado. Click on the documents tab to see this beautiful layout. Selections have been made but buyer able to make some changes. Buyer can visit design center to see all selections.

6515 N 31st Way Phoenix, AZ 85016

$2,225,000
3 Beds
3.5 Baths
3,315 SqFt
Status Active
MLS # 6769804
Property Type Single Family Residence
Price Type --
Stunning views of Camelback Mountain and the Phoenix Mountain Preserve from one of the best lots at Biltmore Hillside Villas. This is a rare opportunity to enjoy privacy & nature from a beautifully maintained lock 'n leave home backing to natural desert that will never be developed. The light-filled floor plan takes advantage of this perch from almost every room including the den/study where you can see Downtown Phoenix city lights. Extra touches include vaulted ceilings, stone flooring, clerestory windows & beautiful built-in cabinetry. This coveted guard-gated community offers sophisticated architecture, a central location & walking distance to shops, restaurants & hiking trails. Biltmore Fashion Park, the Camelback Corridor & the 51 Freeway to Downtown are all just a short drive away.

4131 E Roma Avenue Phoenix, AZ 85018

$2,219,000
5 Beds
4.5 Baths
3,727 SqFt
Status Active
MLS # 6744606
Property Type Single Family Residence
Price Type --
An address that gets you into Hopi Elementary, plus timeless, contemporary design that features generous-sized bedrooms, high ceilings and large windows that let in gorgeous natural light. This property features a great floor plan: on the main floor you'll find the owner's suite (complete with stackable W/D in the closet), an open concept living area, beautiful kitchen, plus another en-suite bedroom and powder bath. Upstairs, you'll love the vaulted ceiling and breathtaking views of Camelback and the Phoenix Mtn Preserve. The second level features a large bonus room, three bedrooms, a powder bath, laundry room and generous patio - perfect to sit outside and savor the scenery. A heated pool and low-maintenance yard means more time to enjoy nearby Kachina Park and popular Arcadia hot spots.

715 S Cactus Wren Street Gilbert, AZ 85296

$2,200,000
4 Beds
4.5 Baths
4,557 SqFt
Status Active
MLS # 6694805
Property Type Single Family Residence
Price Type --
Situated in a highly coveted neighborhood, this beautiful residence offers the perfect fusion of contemporary luxury interior and tranquil country environment. Just a half mile from a major commercial intersection (Warner and Val Vista) in Gilbert and 10 minutes from the San Tan mall area with sprawling options for shopping and restaurants, this 1.3 acre property is nestled with other 1+ acre properties to create serene and green surroundings. This home was completely remodeled in 2022 with a modern design and meticulous attention to every design detail. Raised contemporary ceilings, new sleek flooring throughout and new plantation shutters all added for a clean and stylist presentation. Lush landscaping, plentiful grass, and an 8 foot perimeter wall provides privacy and an atmosphere of relaxation. A new pool with waterfall features and diving area is under construction and scheduled for completion by November. Please excuse any noise or outside dirt you may encounter. In addition, the 2022 remodel included a new HVAC, hot water heater, water softener, RO system, appliances and high grade insulation accompanied the interior and exterior emodel. The heart of the home lies in the gourmet kitchen and family room with a high vaulted shiplap ceiling, a sprawling island countertop (seats 10) and an array of high-end appliances for indulgence in culinary delights or just gathering together. Entertainment abounds with a renovated movie room with 8 recliner chairs blue toothed for sound to provide an optimal cinematic experience. All of this combined with a new state-of-the-art Sony projector and sound system. There are 2 primary bedrooms with large en-suite bathrooms including separate showers and soaking tubs. Two additional large bedrooms, one with an en-suite bathroom, supports many family and living combinations. All bedrooms and bathrooms were gutted and redone to create a sense of spa-like tranquility. This and more protected by a comprehensive security system. Come see it and feel it for yourself.

25313 N 114th Street Scottsdale, AZ 85255

$2,200,000
4 Beds
4.5 Baths
4,271 SqFt
Status Active
MLS # 6733090
Property Type Single Family Residence
Price Type --
Sweeping and forever Epic Arizona Landscape Views, Quality Construction plus the entire walkout can be used as Guest Quarters and opportunity to extend the kitchenette to a full kitchen. At the base of Troon Mountain, aka TROON VILLAGE at WINDYWALK featuring breathtaking views of Troon Mountain, Four Peaks, and McDowell Mountain. This exquisite home offers single level living with no steps from the main entrance or the garage, into an open kitchen layout, formal living, family room, breakfast nook, primary bedroom and 2nd bedroom, full Laundry and powder room. The Guests Quarters: Down below: * Guest Quarters: Entire floor perfect for visitors or extended family. * Outdoor BBQ: Enjoy al fresco dining with a stunning '40-mile view.' * Old World Charm: Beveled travertine stone adds a touch of elegance. * Spacious Living: Two family rooms provide ample space for relaxation and entertainment. * Three Fireplaces: Cozy up in style with three fireplaces throughout the home. * Three-Car Garage: Plenty of space for vehicles and storage. Experience luxury living with epic views and exceptional construction quality. See motion Video; YOU MAKE THE CALLL

14562 N Valencia Drive Fountain Hills, AZ 85268

$2,200,000
4 Beds
4 Baths
2,408 SqFt
Status Active
MLS # 6773886
Property Type Single Family Residence
Price Type --
Mountain views abound from this modern, highly upgraded Adero Canyon residence completed in 2023. Boasting the coveted Meyer floorplan, this home offers a harmonious mix of contemporary design, high-end finishes and thoughtful architectural features, making it a standout choice for those seeking a sophisticated yet relaxed desert lifestyle. Approaching the property reveals striking curb appeal with a sleek modern façade and meticulously landscaped front yard. Raised vegetation beds create a wall of privacy, defining the yard and contemporary style highlighted by landscape lighting accentuating cacti. A detached casita opens to the front walkway, providing easy and private access for multi-generational living or a private home office. Soaring ceilings welcome you to the main house and set a sophisticated ambiance of open, airy living spaces drenched in natural light streaming through expansive windows and disappearing doors framing stunning canyon views. The well-appointed kitchen is equipped with top-of-the-line stainless steel appliances including Wolf dual ovens, microwave drawer, gas range with grill and SubZero refrigerator. Custom oak shaker style cabinets overlook quartzite counters and a large quartzite island with seating defining the area. The primary suite is a tranquil retreat, capturing views of the backyard and panoramic canyons. The ensuite bathroom includes a freestanding soaking tub, separate shower, dual vanities with backlit mirrors and an oversized walk-in closet with built-ins. All bedrooms are positioned for privacy and generously sized, with 4 bedrooms including ensuite bathrooms. The outdoor space of this home is just as impressive as the interior. Designed for both entertainment and relaxation, an expansive covered patio is an extension of the interior living space and opens to stunning canyon views. Travertine hardscaping surrounds a blue mosaic pool with sun shelf and spa, creating multiple lounging areas and leading to a custom pergola seating area. Turf and desert vegetation surround the yard, creating a pristine sanctuary. Conveniences of both Fountain Hills and Scottsdale are nearby, with Adero Canyon hiking trails and Adero Club in close proximity. The Mayo Clinic and top-rated Basis School are just a few miles away. This Toll Brothers gated community embraces the beauty of Arizona while offering residents the opportunity for a luxurious lifestyle of tranquility.

9985 N 79th Place Scottsdale, AZ 85258

$2,200,000
3 Beds
3.5 Baths
4,550 SqFt
Status Active
MLS # 6731153
Property Type Single Family Residence
Price Type --
Finally, a resort-style home in Gainey Ranch, North Meadows community! AC unit (New Sept 2024) with a transferrable warranty to the buyer. Exceptional designs by the builder & owner add luxury and charm. First floor 2 Main bedrooms with full baths. Open kitchen and family room to enjoy fireplace. Large formal living space, dining, and office/den with custom cabinetry. The second floor has large bedroom, bath, and balcony for perfect guest quarters. Evap cooled storage and work space in the 3-car. Roof fully replaced 2021. Enjoy the private, low-maintenance backyard with a built-in BBQ. Luxury living extends to the Gainey Estate Club for all residents with state-of-the-art fitness equipment, pickleball & tennis, lap pool, spa, and luxurious gathering spaces.

86 Linda Vista -- Sedona, AZ 86336

$2,200,000
4 Beds
4 Baths
4,634 SqFt
Status Active
MLS # 6767898
Property Type Single Family Residence
Price Type --
This 4,364 sq. ft. home in the gated Foothills S subdivision sits on .47 acres offering Thunder Mountain Red Rock VIEWS and NEW SOLAR & HVAC! The GREAT ROOM features NEWER wood floors, cedar wood ceilings, a stone gas fireplace, and floor-to-ceiling windows flooding the space with natural light. The chef's kitchen boasts NEW quartz countertops, a gas Viking cooktop, Wolfe double ovens, a Sub-Zero refrigerator, and a Wolfe microwave. The main level offers a luxurious master suite with a sitting room, gas fireplace, private deck, and a stunningly remodeled bathroom. Oversized 2-car garage + Tesla charger. Expansive deck with a fireplace for entertaining. The lower level features a home theater, gym, 2 guest bedrooms, and 2 baths plus 2 bonus rooms not added in sqft! SIMPLY STUNNING! Property Highlights: - Panoramic Views of Thunder Mountain and Red Rock from every corner of the home - Recent Remodels include new wood floors, quartz countertops, and top-of-the-line appliances - .47 Acres of private, serene land Close to Sedona's Best Attractions and amenities - Spacious Great Room with new wood floors, cedar wood ceilings, and a stunning stone gas fireplace - Commercial-Grade Open Kitchen with new quartz countertops, a gas Viking cooktop, new Wolfe double ovens, a new Sub-Zero refrigerator, and a new Wolfe microwave - Eat-in Kitchen with a bar counter for informal dining - Primary Suite with a separate sitting room, gas fireplace, and private deck off primary bedroom - Powder Room with quartz countertops - Oversized 2-Car Garage - Massive Outdoor Deck with a fireplace for entertaining and BBQs - Lower Level features 2 additional bedrooms, a flex room, 2 bathrooms, and a theater room - Desirable Gated Community in West Sedona Buyer Appeal - Ideal for Buyers seeking an open, spacious, entertaining home in a desirable location - Panoramic VIEWS and high-end finishes make this property stand out - Gated Community provides added security and privacy

702 E Carver Road Tempe, AZ 85284

$2,200,000
5 Beds
4 Baths
4,577 SqFt
Status Active
MLS # 6736179
Property Type Single Family Residence
Price Type --
Rare Opportunity! Privately gated, no HOA, 2012 build by VIP Homes, and on 0.75 of an acre lot with $600,000 spent in recent years exterior upgrades. This meticulously maintained custom-built estate is an entertainer's dream and is situated in an extremely convenient Tempe location. The main level features plenty of common area entertainment space with a nicely appointed chef's kitchen, plus a guest bedroom, bathroom, and bonus room. The upstairs includes a spacious master suite, entertainers loft, laundry room, and an additional three bedrooms and two bathrooms. The backyard is a show stopper, over $150,000 spent in installing mature privacy and resort-style trees alone. Complete pool remodel (2024) including a fire feature, new pebble tech surface, pool heater, and glass accent tile. The backyard also includes an incredible built in sound system, custom lighting, sport court, bar and Hydropool hot tub. Plenty of parking including a 3-car garage and an automatic RV gate with shaded parking. Don't miss this opportunity, it is a rare property you won't see every year.

2457 E Amber Court Gilbert, AZ 85296

$2,200,000
5 Beds
5.5 Baths
5,249 SqFt
Status Active
MLS # 6737871
Property Type Single Family Residence
Price Type --
Welcome to your dream home! Nestled on a corner lot within the prestigious gated community of TH Ranch in Gilbert, Arizona, this exquisite 5-bedroom, 5.5-bathroom estate offers unparalleled luxury and comfort. With 5249 sqft of single-story living space, this home appraising for its list price features an open floor plan designed for modern living, with 12' ceilings. The heart of the home boasts a gourmet kitchen with double-stacked cabinetry, stunning quartz countertops, and top-of-the-line Wolf and Sub-Zero stainless-steel appliances, making it a chef's paradise. Choose between two luxurious primary suites, perfect for ultimate privacy or an ideal setup for a home theater, both including expansive his/her walk-in closets. Each of the additional bedrooms features... its own private ensuite bathroom, ensuring comfort and convenience for every member of the family. A thoughtful in-law suite/wing provides a separate living space for guests or extended family, ensuring everyone has their own retreat. Step outside to a beautifully paved courtyard and a stunning salt water pool, perfect for relaxation and entertaining. The home backs to a serene greenbelt, offering beautiful views and added privacy. For car enthusiasts, the property includes an attached 4-car extended garage and a detached 50' temperature-controlled RV garage with 220V power, capable of accommodating up to 4 additional cars. Positioned on a desirable corner lot, this home offers added space and privacy within the community. This magnificent home combines luxury, functionality, and style in one of Gilbert's most sought-after communities. Don't miss your opportunity to own this incredible property!

12975 E Buckskin Trail Scottsdale, AZ 85255

$2,200,000
4 Beds
3.5 Baths
3,095 SqFt
Status Active
MLS # 6763855
Property Type Single Family Residence
Price Type --
Imagine: you're waking up with the sun lighting up your unobstructed, protected mountain views. Then, you're hiking Tom's Thumb on a gorgeous AZ December day and coming home to your pre-heated dry sauna. This isn't a dream, it could be your new reality when you live in this spectacular Storyrock home. Yes, there's the seamlessly flowing floorplan, chef-worthy kitchen, purposeful open concept living, & stunning luxury fixtures. Of course there's every upgraded finish throughout - every room featuring a statement design aesthetic. There's the most serene backyard with heated pool & firepit...Those details are important - but you're here because when the sun is setting and you're enjoying dinner al fresco - you're experiencing absolute serenity. We could barely put a price tag on it.

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