Instant Reaction: February Jobs Report

house-prices-up

The following is NAR Chief Economist Lawrence Yun’s thoughts on this morning’s (3/10/17) U.S. Bureau of Labor Statistics’ February jobs report:

“The boosts to business and consumer confidence over the past few months is evidently leading to faster hiring. The 235,000 net new job additions in February and 2.3 million over the past year will support home buying even in the face of higher mortgage rates. Moreover, the construction job gains of 58,000 is the best monthly showing in over a decade and implies less bottle-necking to homebuilding in upcoming months. One weakness in the report is in the hours worked each week by an average worker, which remained stuck at 34.4 hours. I would like to see this figure rise a bit to assure a clearer sign of future wage growth.”

The real estate market is definitely heading in the right direction.  Give me a call to get started on your path to home ownership – J.P. Cook – 602-320-4253.

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6610 E Barwick Drive Cave Creek, AZ 85331

$1,450,000
3 Beds
2 Baths
2,747 SqFt
Status Active
MLS # 6769555
Property Type Single Family Residence
Price Type --
Custom home on acreage with an open-concept design perfect for entertaining. A major remodel was done in 2022: custom cabinets, one-of-a-kind Quartzite slab counters, high end stainless appliances, walk-in pantry with custom shelving, new lighting, new wide plank wood flooring throughout the main living areas & new carpet in the bedrooms. New paint inside & outside. Two new HVAC units in 2021. The remodeled barn has 4 stalls, fans, auto waterers, arena, wash rack & a tack room. The office has a separate entrance off the front courtyard. Enjoy the sunsets and the sweeping views of the surrounding mountains from the rooftop deck. The bricked in patio has a cozy wood burning fireplace & a beautiful tree center stage that is perfect to dine al fresco under. No HOA, low taxes, and privacy.

8523 N 192nd Avenue Waddell, AZ 85355

$1,450,000
4 Beds
3.5 Baths
3,906 SqFt
Status Active
MLS # 6777799
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the prestigious, gated community of Sonoran Ridge Estates! This luxurious 4-bed + office, 3.5-bath home offers over 3/4 of an acre of prime private land, complete w/breathtaking mountain views, a 4-car garage, & every amenity designed for high-end living. Step inside to an expansive open floor plan showcasing a stunning kitchen w/massive island, high-end appliances including wine and drink refrigerators & a plethora of custom cabinetry w/ pullout shelves. Spa-like master ensuite offers a serene retreat with soaking tub, rain shower, & dual vanities. Relax in the spacious living area featuring a stunning stone fireplace, or step outside to find a private pool, dog run and room for more. This meticulous home combines modern luxury with timeless elegance

10695 E Caribbean Lane Scottsdale, AZ 85255

$1,450,000
3 Beds
2 Baths
2,369 SqFt
Status Active
MLS # 6785473
Property Type Single Family Residence
Price Type --
A/C JUST 3 YRS OLD AND ROOF NEW IN 2017! Here is your chance to live in the much-desired community of Cimarron Hills in beautiful McDowell Mountain Ranch with the best in amenities including scenic walking paths. The Valencia Collection by Edmunds Toll Brothers features a gourmet kitchen and breakfast area with a comfortable family room that leads to the outdoor patio. The living room boasts a new stone fireplace with a rustic mantel and stylish windows The primary bedroom suite is complete with a large walk-in closet and a freestanding soaking bathtub. Come and see all of the full upgrades: Luxury vinyl wood flooring and baseboards throughout, new kitchen and appliances, beautiful new bathrooms, all new interior paint throughout, lighting and well...you'll see it all when you tour the ho

3903 E Melody Drive Phoenix, AZ 85042

$1,450,000
4 Beds
4 Baths
4,485 SqFt
Status Active
MLS # 6748277
Property Type Single Family Residence
Price Type --
PRICE ENHANCED! Welcome to your luxurious hillside retreat in the heart of Phoenix, AZ! This 4-bedroom, 4-bathroom masterpiece spans 4,485 square feet and sits on a private, elevated lot, offering panoramic views of downtown Phoenix, Sky Harbor Airport, and the iconic Camelback Mountain. Two Master Suites plus a bedroom and bath on the first level with a huge area that could be a home theater, game room or an additional suite with ground level separate exit. Despite being just minutes from the bustling city and the convenience of the airport, this home provides the feeling of living in the country, as it backs up to the sprawling 1,600-acre South Mountain Park - your very own natural backyard. Imagine waking up to the sight and sounds of amazing wildlife! Beautiful and peaceful desert landscape, with access to miles of scenic trails, this property offers endless opportunities for outdoor exploration, hiking and relaxation, all while enjoying the peaceful privacy that makes this home a true sanctuary. Step inside and be greeted by brand-new luxury vinyl plank floors that flow throughout the home, leading to an expansive great room with a cozy fireplace - the perfect setting for entertaining or relaxing with loved ones. The heart of this home, the kitchen, features White Shaker-style soft-close cabinets, elegant Quartz countertops, and a spacious island, creating the ideal space for culinary creations and family gatherings. This property offers both form and function, with a thoughtful layout that includes formal dining, a bright breakfast nook, and an expansive great room with sweeping views. Tucked away in a small, privately gated neighborhood of custom homes, this property provides exclusivity and tranquility while being just minutes from I-10, downtown Phoenix, and Sky Harbor Airport. Whether you're soaking in the scenic views from the great room, or enjoying the serenity of your natural surroundings, this home is a peaceful, sanctuary-style retreat that offers the best of both worlds - close to the city, but with the tranquility of country living. This property is a rare opportunity to own a slice of Phoenix paradise. Discover the Unexpected in this Architecturally Unique Luxury Home. Step into a world where modern luxury meets bold, unconventional design. This one-of-a-kind property offers a distinctive floor plan that is as functional as it is imaginative, creating an atmosphere of surprise and delight at every turn. With open, flowing spaces and unexpected room layouts, this home invites you to embrace a lifestyle that is anything but ordinary. Each room has been thoughtfully designed to blend style, comfort, and creativity, offering the perfect canvas for those with a flair for the unique. From cozy nooks for intimate gatherings to expansive areas that inspire entertaining, this home offers flexibility and charm unlike anything else on the market. If you value a residence that stands apart, offering character and personality in every corner, this is your chance to own a true architectural masterpiece.

19850 E Poplar Drive Queen Creek, AZ 85142

$1,450,000
4 Beds
6 Baths
4,002 SqFt
Status Active Under Contract
MLS # 6763638
Property Type Single Family Residence
Price Type --
Welcome to this stunning single-family home in a highly desirable neighborhood. This 4-bedroom residence features 2 master suites and a den, along with 6 bathrooms, offering an ideal mix of luxury, comfort, and convenience. With over 4,000 square feet of thoughtfully designed living space, it's perfect for growing families and entertaining. As you enter, you'll be greeted by an open-concept floor plan with soaring ceilings, large windows, and an abundance of natural light. The gourmet kitchen boasts upgraded appliances, granite countertops, and an expansive island, making it perfect for casual dining or gatherings. The spacious living area flows seamlessly into the dining space and outdoor patio, creating an inviting atmosphere for entertaining. A separate casita with its own entrance is perfect for guests or multi-generational living. The luxurious master suite serves as a private retreat, complete with a spa-like ensuite featuring a soaking tub, double vanities, and a walk-in closet. Additional generously sized bedrooms provide plenty of room for family, guests, or a home office. Step outside to your private backyard oasis, designed for enjoying Arizona's beautiful weather. It features a sparkling heated and cooled pool, an outdoor bathroom, a covered patio, and low-maintenance landscaping. The air-conditioned 3-car garage, with epoxy flooring and extra storage, adds practicality to this stylish home. Located just minutes from top-rated schools, shopping, dining, and recreational options, this home strikes the perfect balance between tranquility and accessibility. Don't miss your chance to own this move-in-ready gem in Queen Creek!

77 E Ocotillo Road Phoenix, AZ 85012

$1,450,000
4 Beds
3 Baths
2,634 SqFt
Status Active Under Contract
MLS # 6777478
Property Type Single Family Residence
Price Type --
Charming North Central ranch home nestled between the sevens! This beautifully renovated property features 4 spacious bedrooms, three full baths and is highlighted by custom cabinets and slab countertops. Situated on an oversized corner lot, this home is surrounded by green grass, mature trees and landscaping. Located on one of the most desirable streets in the area, and steps from the Murphys bridal path, this home offers prime location with a warm inviting feel. A rare find in a fantastic neighborhood!

2361 Platt Cline -- Flagstaff, AZ 86005

$1,450,000
3 Beds
2.5 Baths
2,142 SqFt
Status Active Under Contract
MLS # 6779451
Property Type Single Family Residence
Price Type --
Beautiful, fully remodeled home located on a large, corner lot in the Pines Cottages. This home has been updated in all areas, plus an expanded back deck/patio entertainment area with firepit and sitting area. Unusual for a cottage, there is not a home directly behind it which allows for wonderful privacy and a serene setting amongst the enormous Ponderosa Pine trees. This sought after, open floor plan and cathedral ceilings, coupled with a ton of windows and natural light make this a very happy home. The primary suite is on the main level with gorgeous, reimagined master bath with large shower, dual vanity and large walk-in closet. Upstairs, guests can retreat to their own spaces. The loft area can be utilized for a number of things, just let your inner designer take over. Tucked away amidst 1,100 acres of pristine alpine beauty, Forest Highlands exudes an unparalleled sense of exclusivity and serenity. With two championship golf courses designed by Tom Weiskopf and Jay Morrish, Forest Highlands sets the stage for unforgettable golf experiences. The community offers an array of exceptional amenities, including two clubhouses, multiple dining options, tennis courts, swimming pools, and miles of hiking and biking trails. Forest Highlands is a retreat where luxury meets nature, ensuring a harmonious lifestyle for its residents.

35824 N Tom Darlington Drive Carefree, AZ 85377

$1,450,000
3 Beds
4 Baths
3,327 SqFt
Status Active
MLS # 6779284
Property Type Single Family Residence
Price Type --
Great location at the foot of Black Mountain in a 1.72 acre private setting.Custom home built in 2000, 3 bed w/den/office or 4th bedroom,2 full baths & 2 half baths.4 car epoxy floor garage.Spiral staircase up to the outdoor view deck above the covered patio to capture 360 degree mountain views and amazing sunsets.Kitchen boasts center island, granite counters,Hickory cabinets, Themador gas cooktop & dishwasher & double convection ovens.Upstairs primary suite with exercise room, mini kitchen/wet bar and exit down spiral staircase to back yard, generous size bathroom area dual sinks & jetted tub plus large walk in closet.Tons of room to add pool or Casita in the backyard.New interior and exterior paint ,new roof coating and prepaid solar lease that has 39 panels. Enjoy the grandeur of the Sonoran Desert, visit the one-of-a-kind Sundial and stroll through our vibrant downtown Desert Garden. Attend our seasonal festivals and art shows; discover unique shops, exceptional galleries and gourmet restaurants; and bring the kids to the Kiwanis Splash Pad for fun in the sun. There's so much to see and do in Carefree, Arizona! A scenic 30-minute drive from Phoenix and Scottsdale.

5319 N 2nd Street Phoenix, AZ 85012

$1,450,000
5 Beds
4.5 Baths
3,581 SqFt
Status Active
MLS # 6770811
Property Type Single Family Residence
Price Type --
Discover your perfect family retreat in the desirable Windsor Square neighborhood of North Central Phoenix! Located in a peaceful cul-de-sac, this impressive home, built in 2016 by Porchlight, seamlessly blends contemporary design with functionality. The spacious floor plan features a large great room with soaring ceilings, creating an inviting space for relaxation and entertaining. The open formal dining area showcases a sleek contemporary fireplace, setting the stage for memorable gatherings. The stunning kitchen is a true highlight, equipped with floor-to-ceiling white cabinets, elegant granite countertops, and stainless steel appliances. The expansive island and eat-in kitchen provide ample space for casual dining and easy access to the backyard. This well-designed layout includes a spacious master suite, a dedicated office or bedroom, and a secondary bedroom on the main floor for added convenience. Upstairs, you'll find two additional bedrooms and baths, along with a generous loft area that overlooks the great room. Ideal for a home office or play area. Low-maintenance outdoor living is yours with lush turf grass in both the front and backyards. Additional features include a large laundry room, a walk-in pantry, and a 3-car garage. Don't miss the opportunity to make it yours!

1920 E Aurelius Avenue Phoenix, AZ 85020

$1,450,000
4 Beds
3 Baths
3,140 SqFt
Status Active
MLS # 6781027
Property Type Single Family Residence
Price Type --
Spectacular Mountain-View Retreat with Rooftop Deck & Luxurious Outdoor Oasis! Welcome to your dream home, nestled in a serene and private neighborhood with breathtaking views of Piestewa Peak and city lights from the expansive rooftop deck. This exceptional 4-bedroom, 3-bathroom residence offers a seamless blend of luxury and functionality, perfect for entertaining or relaxing. Upon entry, you're greeted with soaring 12-foot ceilings, an open floor plan, and stylish finishes throughout. The dual HVAC units and Low-E windows with soundproof glass at the rear ensure comfort year-round. The kitchen is a chef's delight, featuring quartz and granite countertops, stainless steel appliances, a double oven, electric cooktop, and a sleek subway tile backsplash. The primary living area exudes warmth with its two-way propane fireplace and plantation shutters, leading you to an outdoor paradise. The backyard features a heated pool with misters and sprayers, artificial turf, and lush lemon trees creating a vibrant, low-maintenance landscape. Under the gazebo, enjoy an outdoor kitchen complete with a BBQ, fridge, and granite countertops  perfect for alfresco dining. For those who love fitness, a dedicated gym room offers a versatile space that can easily be transformed into a bonus room to suit your lifestyle needs. Additional features include tile and vinyl plank flooring, carpeted bedrooms, an extended paver driveway, irrigation and sprinkler systems, and six mature lemon trees that line the backyard for added privacy. With no HOA and recent renovations completed in 2022, this home combines modern convenience with the tranquility of desert living, all while keeping you connected to the city. Experience the magic of mountain views and outdoor luxury  this property is a rare find that won't last long!

9328 E Quarry Trail Scottsdale, AZ 85262

$1,450,000 - 4Br/2Ba -  for Sale in Pinnacle Ridge At Troon North 1-66 N O W X U1-u3, Scottsdale
New
$1,450,000
4 Beds
2 Baths
2,430 SqFt
Status Active
MLS # 6788248
Property Type Single Family Residence
Price Type --
Experience the perfect blend of modern design and timeless elegance in this fully updated home in Troon North. The open-concept layout with a split floor plan and lofty ceilings ensures a bright and spacious living environment. Glass sliders lead to a private backyard with a putting green, fire table, built-in BBQ, maintenance free turf, travertine decking, and a remodeled pool with a custom water feature. The kitchen is a masterpiece of design and functionality, featuring a coffee bar with cooling drawers, an induction cooktop, custom cabinetry with pull-out shelving, and a stunning full-slab quartz island. Renovated bathrooms and oak flooring enhance its timeless appeal. Recent upgrades include a newer roof, HVAC systems, plumbing, electrical, and more. Minutes from Troon North Golf. Course and easy 101 access, this home suits any lifestyle.

4446 E Camelback Road Unit 111 Phoenix, AZ 85018

$1,450,000 - 2Br/3Ba -  for Sale in Village At Camelback Mountain, Phoenix
New
$1,450,000
2 Beds
2.5 Baths
1,789 SqFt
Status Active
MLS # 6788149
Property Type Townhouse
Price Type --
ONE STORY completely renovated Townhome located within walking distance of The new Global Ambassador, Steak 44, The Henry, Buck & Rider, AJ's Fine Foods.. The unit backs up to a green space providing privacy on the amazing patio which has overhead heaters, motorized screens and a heated spa. View gorgeous Arizona sunsets from the patio. See separate list of improvements!

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