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.

What’s Your Home Worth?

Search for Your New Home

7309 E Rovey Avenue Scottsdale, AZ 85250

$1,050,000
4 Beds
2 Baths
3,249 SqFt
Status Active
MLS # 6742741
Property Type Single Family Residence
Price Type --
Welcome to an extraordinary retreat in Scottsdale's prestigious Briarwood community. This stunning residence, located on a peaceful cul-de-sac, offers breathtaking Camelback Mountain views and exceptional craftsmanship throughout. Inside, you'll find elegant wood-like tile flooring, soaring ceilings, and a striking two-way brick fireplace that connects the living and great rooms, creating a warm and inviting ambiance. The chef's kitchen is a highlight, featuring top-tier stainless steel appliances, quartz countertops, and a spacious island—perfect for cooking and entertaining. The master suite is a private oasis, complete with a dedicated office, direct patio access, and a spa-inspired bathroom with dual sinks, a luxurious garden tub, and a generous walk-in closet. Outside, entertain effortlessly with a custom pizza oven, relax under the gazebo by the fire pit, or enjoy the pool and spa. Additional features include a flexible open den/office and a secondary bedroom with a sitting area and separate entrance, ideal for guests. Experience the pinnacle of luxury and Scottsdale living.

1235 E Hohokam Lane New River, AZ 85087

$1,050,000
5 Beds
3 Baths
2,843 SqFt
Status Active
MLS # 6775777
Property Type Single Family Residence
Price Type --
Come see your dream home, desirable Circle Mountain, New River, brand new custom home on over 1.2 acre lot with no HOA, completed and ready to move-in. Stunning mountain views, S/N exposure, front yard landscaping, level usable land, no flood zone. Split floor plan with spacious kitchen open to great room 12 ft ceilings, large kitchen island, 4 bedrooms+den, 3 baths, extended 4 car garage 29 ft deep. Highly upgraded with luxury vinyl flooring t/o, Custom Rift Oak skinny rail cabinets, Quartz countertops, farm sink, GE stainless steel appliances including fridge, 10 ft wrought iron front door, electric fireplace with tile finish wall in great room. Master suite with separate exit to back patio, double sinks, large tiled shower, jetted tub, large walk-in closet. Large covered patio... Private location with stunning mountain views, in area of all custom homes, patios finished with pavers. Laundry room and garage utility sinks, electric water heater with recirculating pump, water softener, 2 Trane HVACs. Window blinds, ceiling fans... Oversized 1296 sf 4 car garage, 29 ft deep , garage epoxy... Lot coverage 25%, additional 5,000 sf can be build on this lot, RV garage, guest house, workshop...

11714 N 134th Street Scottsdale, AZ 85259

$1,050,000
2 Beds
2.5 Baths
2,273 SqFt
Status Active
MLS # 6759394
Property Type Single Family Residence
Price Type --
Discover unparalleled luxury in this stunning East Scottsdale home, nestled within a gated enclave of only 20 residences. Situated on a private cul-de-sac lot, this home offers breathtaking city and mountain views. Enjoy exceptional privacy with a gorgeous private pool and carefree outdoor space, creating a perfect oasis for relaxation and entertainment. Inside, expansive rooms boast high ceilings and large windows, filling the space with natural light. The gourmet kitchen is equipped with top-of-the-line appliances, ideal for culinary enthusiasts. The luxurious master suite features a spa-like bathroom and a private patio to take in the breathtaking Sonoran Desert! Located just 2 minutes from the MAYO CLINIC, this home is a rare gem offering elegance, fantastic views and convenience!

2329 E Carlise Road Phoenix, AZ 85086

$1,050,000
4 Beds
3 Baths
2,987 SqFt
Status Active
MLS # 6761761
Property Type Single Family Residence
Price Type --
Located in Desert Hills, this spacious single story 4 bed/3 bath home with city water is located on 1 acre plus full of privacy. Enjoy the wildlife and your daily staycation with your very own private heated pool/spa, huge travertine patio, built-in grill, large turf area, and sport court. Gorgeous sunrises and sunsets! Spacious open living room with wet bar. Private access to backyard from master bedroom and guest suite. Tile and travertine flooring throughout home. 4-stall garage provides a vast amount of storage space. Located on private road. New AC units, new water heater, new fridge and new south facing picture windows through Renewal by Anderson all installed in 2023. Roof sealed and exterior painted in 2024.

36885 N Stoneware Drive Queen Creek, AZ 85140

$1,050,000
2 Beds
2.5 Baths
2,124 SqFt
Status Active
MLS # 6772725
Property Type Single Family Residence
Price Type --
This charming house offers approximately 2,124 square feet of living space. It features two bedrooms and two and a half bathrooms. The home boasts a scenic landscape, with a golf course view of Encanterra Country Club's 15th green. The backyard showcases an inviting heated pool, lush landscaping, covered patio and pergola, creating an incredible outdoor living area. The stunning sunrise views from the property are truly captivating. The interior of the home is equally impressive, with an abundance of architectural charm and an inviting entryway. The primary bedroom and additional bedroom are generously sized, and the primary bathroom features elegant tile work and ample counter space. The home's layout is spacious and open, allowing for an abundance of natural light to fill the living spaces. The gourmet kitchen is equipped with granite countertops and high-end appliances, providing an ideal setting for culinary endeavors. The expansive windows throughout the home offer scenic outdoor views, seamlessly integrating the indoor and outdoor living spaces. Additional features of the property include a Murphy-style bed, a golf cart garage, garage storage, an east-facing backyard, gas fire pit, built-in stainless steel gas grill, and a gourmet kitchen. Since the owners are golf members, you will move to the front of the wait list if you are interested in joining the club as a golf member.

2036 E Catamaran Drive Gilbert, AZ 85234

$1,050,000
4 Beds
4 Baths
3,300 SqFt
Status Active
MLS # 6777142
Property Type Single Family Residence
Price Type --
Amazing Custom Lakefront home in the popular gated community of The Regatta. Over $50k in recent updates: new flooring throughout, new paint inside & out and refinished cabinets throughout. 4 Bedrooms plus 4 Baths! Owner's Suite is upstairs w/adjacent loft/gameroom and includes a fireplace in the owner's suite plus large balcony off of owner's suite. 3 bedrooms on the main level - each has a full bath! Open vaulted plan w/fireplaces in formal living/dining rooms and in the family room that is also open to kitchen & breakfast bar. Val Vista Lakes has churches, elem school, softball field, soccer fields, basketball court, playgrounds, gardens, walking paths, swimming pools, lakes, tennis & pickleball courts, plus a beautiful clubhouse with multiple rooms to host a variety of gatherings

1637 W State Avenue Phoenix, AZ 85021

$1,050,000
4 Beds
3.5 Baths
2,832 SqFt
Status Active
MLS # 6781049
Property Type Single Family Residence
Price Type --
Newly Built in 2018 with all the features of a custom home!This turn key home located in the desirable Central Phoenix Corridor boasts a thoughtfully designed floor plan.The large great room boasts soaring ceilings & natural light galore.The chef's kitchen features a 64in built in fridge/freezer,stainless appliances, double stacked cabinets & a 10ft island w/waterfall edges. With a true split floor plan, there are 2 Primary Bedrooms.The private owner's wing includes private access to a covered patio,an oversized bathroom w/soaking tub & a large walk-in closet which connects to a laundry & mud room.The other side of the house offers two generous size bedrooms & another primary bedroom w/walk-in closet & access onto the courtyard.The backyard is perfect for entertaining with a paver patio, grassy yard and BBQ area! Walking Distance to Lightrail & a short ride to entertainment dining & shopping on 7street & Biltmore. Start living your dream lifestyle in the North Central Phoenix Corridor.

31226 N 155th Street Scottsdale, AZ 85262

$1,050,000
4 Beds
4 Baths
3,149 SqFt
Status Active
MLS # 6787321
Property Type Single Family Residence
Price Type --
Beautiful [spanish hacienda inspired] home featured minutes away from the acclaimed ''Tonto National Forest'' located in Scottsdale, AZ. This highly upgraded retreat incorporates a subtle balance of contemporary finishes with southwest design. The home features 4 bedrooms, 4 full bath(s), 3,149 sq ft open concept floor plan, informal and formal living spaces w/ fireplace, a nicely appointed kitchen w/ granite countertops, large [eat-in] island, raised panel cabinetry, high end KitchenAid SS appliances, gas cooktop, and pantry. Also, this home features 9ft+ ceilings, tile [wood look] flooring, modern plumbing/lighting fixtures [fans], dual pane [low-e] windows, designated dining space, den/study room, and a dedicated master retreat featuring a spacious sleeping quarters, large shower, stand alone soaking tub, dual sinks, and a large walk-in closet. Lastly, the home features a front courtyard w/ access to attached casita, a spacious 4-car garage, water softener, dedicated barn w/ outdoor stables, and a private backyard retreat featuring a large covered patio, extensive terrace landscaping, and stunning mountain views--perfect for entertaining guests & family. This gorgeous retreat is just minutes away from the national forest, offers an easy commute to the Mayo Clinic, Scottsdale Airport, and wonderful shopping & dining found nearby DC Ranch and Scottsdale Quarter.

35441 N Anns Way San Tan Valley, AZ 85144

$1,050,000
5 Beds
3 Baths
3,035 SqFt
Status Active
MLS # 6780133
Property Type Single Family Residence
Price Type --
Endless possibilities await on this 1.199-acre property with a 4-bed, 2-bath main house and a 690 sqft 1-bed, 1-bath guest house built in 2021—perfect for multigenerational living or Airbnb/VRBO opportunities. Enjoy a ''three-in-one'' backyard. One section with a lush lawn, built-in BBQ, fireplace, fire pit, fenced pool, water feature, and a covered patio for ultimate relaxation. The side yards feature natural desert landscaping; one includes an RV gate, covered RV parking, slab, and storage shed, while the other remains awaits your vision. Complete with mountain views and the freedom of no HOA. Inside, enjoy a spacious kitchen, cozy sitting room, and a master suite with dual sinks and walk-in closet. This property truly blends comfort, versatility, and potential; this is the one!! Highlights include a fully equipped casita for your guests! Massive backyard will impress you w/a full-length covered patio, gazebo w/built-in BBQ, a soothing pond, pergola, exterior fireplace, storage shed, and a swimming pool for year-round enjoyment. This one-of-a-kind beauty has it all!

18577 W Coolidge Street Goodyear, AZ 85395

$1,050,000
5 Beds
3.5 Baths
3,082 SqFt
Status Active
MLS # 6784998
Property Type Single Family Residence
Price Type --
Welcome to Your Dream Home! This spacious, oversized corner lot boasts a beautiful private backyard oasis complete with a stunning pool and travertine tile—a perfect setting for relaxation and outdoor gatherings. Inside, the home features five bedrooms and an impressive full-sized RV garage equipped with a kitchenette, full bath, spray foam insulation, and air conditioning, making it ideal for guests or a workshop. The kitchen shines with luxurious upgrades, including granite countertops, upgraded Tahoe maple cabinets, and stylish tiled floors throughout all the common areas. A pre-wired family room awaits your home theater setup, adding to the entertainment possibilities. With a split floor plan and an upgraded primary suite, this property combines elegance and functionality, offering every amenity for a truly comfortable lifestyle. Don't miss out on this exceptional home!

16208 S 35th Avenue Phoenix, AZ 85045

$1,050,000
3 Beds
3.5 Baths
3,132 SqFt
Status Active
MLS # 6782071
Property Type Single Family Residence
Price Type --
Incredible 3-bedroom + DEN home on a desired corner lot! Two-car garage + one sided detached garage for extra parking and paver driveway. Enjoy your morning coffee in the front patio while gazing at your desert landscaping and the lovely mountains. Enter through the custom iron work door to find wood-style flooring, neutral paint, recessed lighting, and a double-door den for an office space. You'll love the formal dining and the large living room boasting pre-wired surround sound and sliding pocket doors that merge the indoor/outdoor activities. Chef's kitchen has a big center island w/breakfast bar, quartz counters, a stylish backsplash, SS appliances including a pot filler, a walk-in pantry, and gorgeous cabinets. The primary bedroom offers an ensuite with a glass enclosure shower, freestanding tub, two vanities, and walk-in closet. The secondary bedrooms also provides walk-in closet and private bathroom! Fantastic mudroom area adjacent to garage access and laundry room. Out the back, relax under the covered patio with paver extended or the green grass while admiring the stunning sunsets. This jewel is a great opportunity!

2977 E Ranch Court Gilbert, AZ 85296

$1,050,000
5 Beds
3 Baths
3,597 SqFt
Status Active
MLS # 6784774
Property Type Single Family Residence
Price Type --
Finally, what you have been looking for in Gilbert is available -- a house with some SPACE! And not only does it have space, it has been beautifully remodeled with upgraded finishes. A huge backyard, with space to play and relax. Upgrades throughout the house--European White Oak floors, new kitchen cabinets, coutertops, range and dishwasher. A huge built-in fridge and freezer and a big pantry. A large flex space upstairs--theater, exercise, bunk room? You choose. Garage A/C System. Huge marble Primary bathroom Shower. The bedrooms in this house are very generously sized and all have new carpet. In addition to the downstairs laundry room, there is a laundry upstairs as well. You will love this house and the land with it. ** $25,000 discount to anyone who can close by the end of 2024. *

Leave a Reply

Your email address will not be published.