Instant Reaction: April Jobs Report

Interest-rates

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for April:

“This good jobs report for April should dispel any notion of a potential economic recession. Moreover, the continuing low levels of people filing for unemployment checks, as well as the high numbers of job openings, do point towards further job additions in upcoming months. The Federal Reserve will surely raise interest rates two more times before the year ends. The rate hikes are due to continuous improvement in economic conditions.”

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4215 N 34th Street Phoenix, AZ 85018

$2,650,000
4 Beds
3.5 Baths
3,433 SqFt
Status Active
MLS # 6831205
Property Type Single Family Residence
Price Type --
Delivery Summer 2025. Welcome to an unparalleled living experience in coveted Arcadia Lite, one of Phoenix's most desirable and walkable neighborhoods, where tree-lined streets, lush green belts, and breathtaking Camelback Mountain views set the stage for an elevated lifestyle. This brand-new designer residence is a testament to superior craftsmanship, blending timeless architecture with contemporary sophistication—all within minutes of the city's finest dining, shopping, and outdoor pursuits. Beyond its striking curb appeal, this 4-bed, 3.5-bath masterpiece has been meticulously crafted for both grand entertaining and intimate everyday moments. Upon entry, soaring ceilings and refined finishes immediately captivate, while a dedicated office offers a serene retreat for remote work A secondary teen room provides a versatile space for entertainment, study, or relaxation. At the heart of the home, the gourmet chef's kitchen is a culinary dream, featuring dual oversized islands, professional-grade appliances, and seamless sight-lines into the expansive living area. The adjacent formal dining room is a sanctuary of elegance, perfect for hosting memorable gatherings. A sprawling walk-in pantry, complete with a secondary refrigerator and prep sink, ensures that every ingredient and entertaining essential is effortlessly within reach. Designed for Arizona's enviable climate, this residence masterfully blends indoor and outdoor living. Expansive glass doors open to a beautifully landscaped backyard oasis, where a covered patio invites al fresco dining and leisurely evenings under the stars. Located moments from La Grande Orange, The Henry, Postino Arcadia, Trevor's and Black Rifle Coffee Company, this home places you at the epicenter of Phoenix's most sought-after culinary destinations. Whether indulging in a morning latte at SIP or savoring a craft cocktail at Buck & Rider, the best of the Valley's vibrant food scene is at your doorstep. For those who crave an active lifestyle, nearby access to Camelback Mountain, the Arizona Canal Trail, and Echo Canyon hiking paths provides an abundance of outdoor adventure. Sports enthusiasts will appreciate the proximity to Scottsdale Stadium, Footprint Center, and Chase Field, while premier shopping at Biltmore Fashion Park and Scottsdale Fashion Center ensures effortless luxury at every turn. Schedule your private tour today and step into a world of refined elegance, unparalleled quality, and the best that Arcadia Lite has to offer.

9443 E Taro Lane Scottsdale, AZ 85255

$2,650,000
4 Beds
4.5 Baths
4,568 SqFt
Status Active Under Contract
MLS # 6820887
Property Type Single Family Residence
Price Type --
Desirable ranch estate nestled in the charming 23 home gated community of Toscana, this private one-story home community is a best kept secret. Prestige location immediately south of DC Ranch, with a majestic McDowell Mountain backdrop conveniently located just minutes from Pima and 101, shopping and restaurants, and schools, yet removed from the hustle and bustle. Surrounded by natural wash and situated on a generous cul-de-sac lot with mountain views, this sought-after expansive great room home plan offers a spacious owner's retreat, 3 ensuite secondary bedrooms, executive office with built-ins, plus den is suitable for flexible family living. Chic finishes with stylish light fixtures, modern wall coverings, current wood and tile flooring, highlighted with a full wall of stacked stone, linear place, art niches with elegant 30x30 stone flooring in the great room. Substantial sliding doors open great room to covered patio and backyard to allow for admired Arizona seamless indoor/outdoor living. Spacious eat in kitchen with large island, quartzite countertops, updated stainless steel appliances with gas cooktop offers access to a private side yard outdoor living area, great for entertaining. Elegant owner's retreat with gas fireplace, oversized bath with dual closets has direct access to outdoor living in backyard. Private resort style backyard features covered patio, updated pool and spa, generous grass area, built in BBQ grill with scenic mountain views. A jewel in the desert.

12801 N 65th Place Scottsdale, AZ 85254

$2,650,000
5 Beds
4.5 Baths
4,767 SqFt
Status Active
MLS # 6791258
Property Type Single Family Residence
Price Type --
A stunning updated home in Desert Estates in 85254. 4767 sqft on over a 1/2 acre lot. An absolutely charming home blending Southwest and Mediterranean design. Home boasts 5 bedrooms (3 of which are en-suite), an office boasting reclaimed doors and Media room. Split floorplan with beautiful Primary bedroom retreat with sitting area and steel doors opening to covered patio. Large manicured yard with expansive turf yard and sport court.

8567 E Black Mountain Road Scottsdale, AZ 85266

$2,650,000
5 Beds
5.5 Baths
5,838 SqFt
Status Active Under Contract
MLS # 6779985
Property Type Single Family Residence
Price Type --
- RV Garage or 9 car -One bedroom casita - Theater room - No HOA restrictions - 50 FT RV Garage with ample storage space - Private courtyard with a resort-style pool - Breathtaking panoramic views from view deck - Dedicated movie theater for cinematic experiences - Bonus/game room for endless entertainment - Open floor plan with sliding doors bringing the outdoors in - Every bedroom has ensuite bathrooms for comfort and privacy Landscaping, mirrors, closets, will be complete per buyer request Lowest price SQFT in new construction in the area. Built in equity.

750 Rhapsody Road Sedona, AZ 86336

$2,650,000
4 Beds
4 Baths
4,125 SqFt
Status Active
MLS # 6734090
Property Type Single Family Residence
Price Type --
SWEEPING 360 VIEWS OF SEDONA from three levels! Tucked into the forest on two sides & overlooking all of Sedona West from Jerome to Cathedral & Bell Rock South, all across Sedona to Mogollon Rim & Sedona's uptown rock monoliths as the town gives way to Oak Creek Canyon! In addition, an office & artist studio are included in the 4,125 sq ft. The home is the crown jewel on Eagle Rock in highly sought-after West Sedona. Dawn to dusk nature entertains as the legendary Sedona red rocks turn incredible colors of pink, orange & magenta as sun & shadows migrate the landscape. Every room offers natural light & rooms wrapped in views w/decks to extend the experience outside. The kitchen is generous in size with polished granite counters, see supplement.. stone backsplash, wine fridge & stainless appliances, a breakfast bar & great room dining. A 21'x27' deck off the great room offers a dining space, hot tub, firepit & lounge area. The cozy primary bedroom features beautiful tiger wood flooring, complemented by a private patio with access to the national forest. Wake up to the breathtaking views of stunning red rocks in this inviting love nest. The bath reveals a glass surround shower & soaking tub with a view! Cabinetry is topped with dual vanities and polished solid granite counters. Guest rooms, including a second master suite with a private patio, are located for privacy. The top-level room, a 569 sq. ft. sunroom/art studio, is wrapped in forever views and has a deck overlooking forestry & red rock wonders. Outdoor enthusiasts with revel in the easy access to premier hiking trails like Sugarloaf, Thunder Mountain, and Soldier's Pass. 2-car garage is long, providing workspace. Low maintenance, lock & leave property with security system. From EVERY ANGLE of the outdoor space, your eyes are thrilled by red rocks! Never before offered & sure to sell quickly.

7161 E Rancho Vista Drive Unit 6001 Scottsdale, AZ 85251

$2,650,000
4 Beds
2 Baths
2,590 SqFt
Status Active
MLS # 6760219
Property Type Apartment
Price Type --
This is it. Welcome to the most incredible Optima Camelview condominium to ever be offered on the re-sale market. Designed & originally owned by the developer of this state of the art award winning community. Out of 688 units, this exquisite residence was their choice. Boasting 4 Bedrooms, 2 Baths, 2,590 sqft, ~1000 sqft of both covered and uncovered terrace space & the most breathtaking Camelback Mountain & McDowell Mountain Views. This unit features a fantastic open floor plan, endless floor-to-ceiling glass, 3 Patio/Terraces (perfect for relaxing & entertaining), a natural gas piped in bbq, fire pit and fire place, designer finishes through-out, automated blinds & so much more. The master suite is extremely spacious w/ a huge walk in closet (w/ it's own window!) & a very large bath.

19992 N 101st Place Scottsdale, AZ 85255

$2,650,000
3 Beds
3.5 Baths
2,797 SqFt
Status Active
MLS # 6780780
Property Type Single Family Residence
Price Type --
Charming Silverleaf villa w/casita located on beautiful Jacaranda Park w/breathtaking McDowell Mountain views. Exquisitely remodeled w/high-end finishes & no interior steps. Spacious great room w/gorgeous stone wall, romantic fireplace & beamed ceiling. Kitchen features spectacular Taj Mahal Quartzite counters w/large island for seating of five, all new Wolf/SubZero appliances including 6-burner gas stove, 150 bottle wine fridge & additional 50-bottle under counter wine fridge, updated kitchen cab's w/custom pullouts & granite sink. Beautiful oak wood & travertine floors t/o. New: Carrier A/C units for main house & casita, split-unit A/C for garage, tankless instant hot H2O heater, completely remodeled courtyard w/new spool & equipment, firepit, BBQ, Bromic electric heater over dining area of patio & all new landscaping. New Quartzite tops & sinks in laundry & powder room, all new lighting fixtures including all can lighting, new fireplace gas log insert, new window coverings, paint, plumbing fixtures t/o w/all new valves & new Toto toilets. Sound system t/o home & patios, beverage fridge in large casita, plantation shutters, Nest thermostat & MBR electric mirrors. Exterior of home has just been freshly painted with new lighting. This is truly a jewel within the beautiful sought after community of Silverleaf. * ALL FURNITURE, INCLUDING PATIO FURNITURE, IS AVAILABLE FOR A TURN-KEY OPPORTUNITY *

13238 E Ranch Gate Road Scottsdale, AZ 85255

$2,650,000
4 Beds
4.5 Baths
4,441 SqFt
Status Active
MLS # 6813703
Property Type Single Family Residence
Price Type --
Why Wait to Build? Move Right In! Skip the long wait for new construction and step into this barely lived-in luxury home in the exclusive gated community of Storyrock. Designed for modern elegance and effortless living, this home is packed with high-end upgrades and thoughtful design touches. Finer Finishes Throughout Thermador Appliances for a chef's dream kitchen Extra refrigerators & additional cabinetry for ample storage Oversized butler's pantry with sink - perfect for entertaining Multiple sliding doors seamlessly blend indoor & outdoor living with a Outdoor Oasis - Heated pool & spa for year-round enjoyment Fire pit for cozy evenings under the stars Breathtaking views of the Mazatzal 4-Car Garage & More Space for all your vehicles, toys, and storage needs. Spacious & Functional Layout 4 bedrooms & 4.5 baths Massive master suite with a walk-in shower & laundry in the master closet the home is located in the scenic Storyrock community, this home offers privacy, luxury, and convenience. Don't waitthis dream home is ready now!

6378 S 154th Street Gilbert, AZ 85298

$2,650,000 - 6Br/7Ba -  for Sale in Custom Home, Gilbert
Open House
$2,650,000
6 Beds
6.5 Baths
5,072 SqFt
Status Active
MLS # 6824320
Property Type Single Family Residence
Price Type --
Beautiful Starwood Custom home on a 1+ acre corner lot featuring a large main house, 2 bedroom detached guest quarters, 18' grand entrance with custom iron door in main house, dynamic volume ceilings, Italian ceramic tile flooring, Calcutta quartz kitchen counters, waterfall island, personal 4 person sauna, horse property, mountain views and no HOA. The 16'x10' multi-sliding door incorporates the exterior into entertaining space. Andersen 100 Series windows, security system with cameras, 8 chandeliers, Nora recessed lighting, Minka Aire oversized ceiling fans and plantation shutters. Manicured landscaping with synthetic grass, gated circular drive, pavers, travertine, sport court and RV gate/parking. This is a beautiful property in a great location.

10379 E White Feather Lane Scottsdale, AZ 85262

$2,650,000 - 4Br/4Ba -  for Sale in Pinnacle Canyon At Troon North, Scottsdale
Open House
$2,650,000
4 Beds
3.5 Baths
4,778 SqFt
Status Active
MLS # 6734916
Property Type Single Family Residence
Price Type --
GATED PINNACLE CANYON TROON NORTH. Introducing easy access, lock & leave, move-in-ready custom in Troon's esteemed Pinnacle Canyon! This Tierra Builders custom home offers a split floor plan: 3 bed, 3.5 bath, office & 3-car garage, perfect for luxury living. Positioned alongside the 17th tee box of Troon's Monument Course, a dream for golf enthusiasts. Recently renovated with fresh paint, a new roof & a meticulously designed resort-style backyard, the property is a sanctuary of luxury. For entertaining, the spacious semicircle wet bar has seating for 6. Light bright interior spaces, framed desert views from seamless butt glass view windows, high ceilings throughout. Step into the backyard oasis boasting new patio & pool decking, upgraded pool equipment & beautifully updated landscaping, creating an ambiance of tranquility & refinement. The breathtaking views of majestic mountains (including Pinnacle Peak) and sparkling city lights from multiple vantage points throughout the home. Whether entertaining guests or enjoying quiet evenings, this residence offers single level living plus an unparalleled blend of elegance and comfort. Don't miss the chance to own this exceptional retreat that embodies the essence of upscale Sonoran Desert living at PINNACLE CANYON AT TROON. Additional new upgrades include: washer & dryer, dishwasher, tankless Navien gas water heaters, epoxy sealed garage floors, all landscaping irrigation lines, and exterior landscape lighting. IMPROVEMENT LIST NEW ROOF & SKYLIGHTS NEW WATER SOFTENER NEW TANKLESS HOT WATER HEATER INTERIOR & EXTERIOR PAINTED NEW EPOXY FINISH ON GARAGE FLOOR NEW RAILS AND NEW POWER UNITS FOR GARAGE DOORS NEW POOL EQUIPMENT VIEW FENCE REPAIR AND PAINTING NEW POOL DECK AND EDGING NEW PATIO DECK AND PLANTERS 20 NEW TREES ALONG BACK VIEW FENCE COMPLETE RE-LANDSCAPE ON PATIO AND PLANTERS NEW LANDSCAPE LIGHTING NEW INTERIOR LIGHTING WITH DIMMERS NEW DISHWASHER AND MICROWAVE REPAIR FIREPLACE REPAIR & REPLACE PARTS IN HVAC UNITS NEW BLACK OUT SHADES IN ALL BEDROOMS NEW WASHER & DRYER WITH STANDS NEW SHOWER HEADS IN ALL BATHS REPAIRED DRIVEWAY NEW FAMILY ROOM TV AND SOUND SYSTEM NEW GAS LINE TO BBQ NEW LIGHTING AT BBQ COUNTERTOP NEW FAUCET IN KITCHEN NEW WINDOW IN GUEST BEDROOM 2 FREE STANDING WINE REFRIGERATORS

33214 N 14th Street Phoenix, AZ 85085

$2,649,900
5 Beds
6 Baths
5,001 SqFt
Status Active Under Contract
MLS # 6809412
Property Type Single Family Residence
Price Type --
As you step inside, breathtaking panoramic mountain vistas greet you, with elevated views that captivate the senses. Pass the striking 264-bottle climate-controlled LED lighted wine display, and feel the grandeur of soaring 12-foot ceilings and luxurious Marble and Porcelain floors. The gourmet kitchen is a chef's dream, featuring top-tier appliances, gas range, multiple ovens, an oversized sit-up granite island, and large walk-in pantry. A fully retractable glass door effortlessly opens to a sprawling 500-square-foot misted patio, merging indoor and outdoor living. All hard floors, no steps, no HOA, garages 10-20 cars and has full RV hookups. Enjoy serene north-facing views and stunning dark skies while relaxing in the raised hot tub, or unwind on the beach ledge of the negative-edge heated pool, swim-up bar, outdoor kitchen, misted Ramada, incredible fire features, and nearby putting green. The property offers five ensuite bedrooms, including an adjacent 1-bedroom guest house with its own full kitchen. The guest house offers a spacious living area, a full kitchen, a separate bedroom, spa bath and 3-car garage. The custom bar and floor-to-ceiling roll-up glass door transforms the space into the ultimate pool house and entertainer's dream. Additional luxury features include a must have expanded primary bedroom closet, a water softener, a Control-4 Smart Home System, a built-in AV entertainment system, putting green, mature citrus trees and a dog-run. With a full price offer the Sellers will convey the golf simulator, fitness equipment and 10 wall mounted TVs, worth over $100,000. Set on 1.2 acres on PHOENIX WATER, the property was carefully designed to offer privacy and unparalleled views, with a natural buffer beyond the fenced-area encompassing the resort yard. This home offers luxury typically found at twice the price in other parts of the Valley. Nestled in an area has recently attracted Scottsdale's premier custom home builders. This home offers breathtaking views and dark starry skies, clean fresh air and clear views of Black, Humboldt and the McDowell Mountains. Despite its peaceful setting, this home is just minutes from shopping, dining, and other amenities. Hiking trails are right outside your front door. You will never tire of the hot air balloons each weekend. Horseback riding and boarding stables are nearby, or build your own barn, as the lot has horse privileges. This area has benefited from the growth driven by nearby Taiwan Semiconductor's $65Billion headquarters. More recent is the $7 billion Halo Vista mixed-use development. Starbucks, groceries, target, home depot, restaurants, entertainment are nearby. See documents tab. And you are only 30 minutes from Kierland, the Princess, WestWorld, and other top Scottsdale destinations. The main house offers 4,126 square feet of luxurious living space, with four ensuite bedrooms, while the 875-square-foot guest casita adds another 1-bedroom, a full kitchen, and its own garage. Guest casita transforms into the ultimate pool house or detached office. With all hard floors, no steps, and no HOA restrictions, this home combines exceptional comfort, elegance, and convenience. The 3,700sf garage, with full RV hookups, has room for more than 10 vehicles and 16 1/2 foot ceiling heights for your toys or lifts.

10638 E Yearling Drive Scottsdale, AZ 85255

$2,649,000
5 Beds
4.5 Baths
4,379 SqFt
Status Active
MLS # 6714988
Property Type Single Family Residence
Price Type --
Welcome to your dream retreat in guard-gated Windy Walk Estates at Troon Village, where luxury meets panoramic beauty. This custom home offers an unparalleled backyard sanctuary with breathtaking up-close views of Pinnacle Peak, ensuring every moment spent outdoors is a masterpiece. The expansive private yard features a majestic Ironwood tree as its centerpiece, surrounded by artificial turf and mature vegetation, providing the perfect backdrop for relaxation and entertainment alike. Step into serenity as you lounge under the covered patio adorned with stacked stone accents, a cozy fireplace, and a built-in barbecue. Descend into tranquility as the tiered yard leads you to a sparkling pool and spa, complete with a mesmerizing rock waterfall and travertine hardscape surround, offering a blissful oasis against the backdrop of the desert landscape. Inside, you will find a remodeled interior completed in 2017 boasting on-trend finishes including high-end quality stonework throughout from a Chicago-based Eastern European craftsman. The French country-inspired kitchen exudes charm with custom white cabinetry, delicate mosaic backsplash, stone counters, Subzero refrigerators, complemented by stainless steel appliances including a Wolf gas cooktop and two wall ovens. Enjoy intimate meals in the attached breakfast nook with corner view windows, or entertain guests in the formal dining room with up-close views of Troon Mountain. Experience seamless living with accordion-style doors in the great room, opening up the space to the outdoors and flooding the home with natural light. A dramatic staircase, stone-clad centerpiece fireplace, and adjacent den create a welcoming ambiance, while clerestory windows and a private alcove offer versatility for office space or additional storage. Retreat to the upstairs primary suite, boasting a private balcony deck with city, golf (8th tee box of Troon Country Clubs private course), and mountain views, along with dual vanities, walk-in closets, and a spacious walk-in shower in the ensuite bathroom. With four additional bedrooms, including two ensuites, a third bedroom adjacent to a bath, and the fourth with a private den/living space and adjacent bath, perfect for in-law quarters. The laundry room has beautifully stained cabinetry, two washers, two dryers, and a prep sink. The owners entry off the two-car garage (with storage closet) has a touchdown station with cabinets and countertop, refrigerator, trash drawers, and an ice maker. Complete with all-new exterior paint and all-new windows throughout, custom window treatments on electric openers, an elegant entry courtyard, and a paver drive for visiting guests, this residence sets a new standard for refined living in the heart of Troon Village. Most furnishings and accessories are available for purchase via a separate bill of sale, allowing you to effortlessly transition into your desert paradise.

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