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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3066 E Kingbird Drive Gilbert, AZ 85297

$1,050,000
4 Beds
3.5 Baths
3,953 SqFt
Status Active
MLS # 6786599
Property Type Single Family Residence
Price Type --
Beautiful and well maintained home sits on a third acre with amazing front &backyard landscape. As you walk through the gated courtyard, you will love the tall ceiling and the flow of the home floorplan. Home features a formal living room, family room, a bonus room (gym/play area/study room?). An upscale kitchen with beautiful cabinets, granite tops, double oven, other stainless steel appliances, and a walk-in updated pantry (2023). A master suite with a full bath with jetted tub, walk-in shower, and two upgraded custom closets (2023)! In addition to 3 oversized bedrooms, 2 connected through a jack & jill bathroom and one an ensuite (private bath). New interior and exterior painting (2023). New carpet through out the home (2023). Home includes a Water softener and filtration System. Sound system. Back yard full of roses, fruit (lemon/lime/orange) & shade trees, a brand new gazebo over a built in BBQ (2024), a hot-tub, and a heated pool for those chilly nights. Great for gathering and entertaining. Live in your own oasis while being close to the action! Close to Gilbert Reginal Park, Santan Mall, Shopping and top restaurants!

6946 E Gary Road Scottsdale, AZ 85254

$1,050,000
4 Beds
2 Baths
1,665 SqFt
Status Active
MLS # 6785699
Property Type Single Family Residence
Price Type --
Prime Redevelopment Opportunity! Discover the endless potential of this highly sought-after corner lot in North Scottsdale Estates, in the magic zip code of 85254. Sitting on just under an acre, this spacious lot is the perfect canvas to build your dream custom estate. Situated in the desirable Scottsdale Unified School District, including Cocopah Middle and Chaparral High Schools, this property is truly, Location, Location, Location!! Minutes from Scottsdale's best amenities, this property combines convenience and prestige in one exceptional package. Don't miss the chance to create something special in one of Scottsdale's most coveted neighborhoods!

4902 E Fairmount Avenue Phoenix, AZ 85018

$1,050,000
3 Beds
2 Baths
1,651 SqFt
Status Active
MLS # 6786914
Property Type Single Family Residence
Price Type --
Discover the perfect blend of comfort and style in this thoughtfully updated home in the highly sought-after Arcadia Lite area. The inviting interior boasts a spacious, light-filled layout through the Renewal by Anderson windows, with a seamless flow from the living area to the modern kitchen, complete with premium finishes and plenty of counter space. The private backyard is an entertainer's paradise, featuring lush greenery and a tranquil setting for relaxing or hosting guests. The split floor plan, large primary suite, updated bathrooms, new high efficiency HVAC system, make this home a turnkey option for anyone looking in the area. Ideally located near top dining, shopping, and outdoor recreation, this home offers both charm and convenience. Your oasis in the city awaits!

8019 N 7th Avenue Phoenix, AZ 85021

$1,050,000 - 4Br/2Ba -  for Sale in Sub Of Sw4 Sec 32, Phoenix
New
$1,050,000
4 Beds
2 Baths
2,947 SqFt
Status Active
MLS # 6788754
Property Type Single Family Residence
Price Type --
Step into a beautifully designed space where style and sophistication meet. This updated North Central home, set back, on an expansive 19,152 sq. ft. (.44 acre) lot, offers luxury and privacy. From the moment you enter, soaring vaulted ceilings and sleek wood-look tile floors set the tone for modern living. The gourmet kitchen features stunning quartz countertops, custom cabinetry, and top-of-the-line stainless steel appliances, including a gas cooktop. A cozy eat-in area flows easily into the dining space and a chic family room with vaulted ceilings. An inviting Arizona room, equipped with its own split AC unit, extends your living space and leads to the backyard oasis. Outside, a saltwater play pool glistens, surrounded by lush greenery, a private patio, and two storage sheds (one a premium Tuff Shed). The front yard boasts a circular driveway with parking for 8-10 cars and an RV gate with a 30-amp connectorperfect for your toys. With easy access to top-notch dining, shopping, and all the hotspots of North Central Phoenix, this home is a rare blend of convenience and charm. Your dream home is heredon't let it slip away.

3402 E Crest Lane Phoenix, AZ 85050

$1,050,000
3 Beds
2.5 Baths
2,691 SqFt
Status Active Under Contract
MLS # 6775185
Property Type Single Family Residence
Price Type --
Stunning sky Crossing Taylor Morrison home with the ideal lot location. Enter through the 8 foot iron door into an grand entryway with soaring ceilings to the loft. Entry includes a half bath adjacent to Office/den perfect for work from home. Great room floor plan high ceilings and loads of windows making it light and bright. Gourmet kitchen includes gas cooking, a grand island, stainless steel appliances, loads of extra cabinets with 42'' uppers, custom lighting and a butler nook. Large primary bedroom with black out shades, large bathroom with designer tile floors and a large walk-in closet. Private backyard with no direct neighbor to the north or west, pebble tech pool with Baja step, Travertine patio and a putting green with low maintenance turf. High-end SS appliances, including a gas cooktop and wall oven, elevate the kitchen's functionality and design. A versatile den offers the perfect space for a home office, while a cozy loft upstairs for a reading nook. The grand primary suite is a true retreat, complete with plush carpeting, a pristine ensuite featuring dual sinks, and a walk-in closet. The entertainer's backyard comes with a covered patio, a putting green for golf enthusiasts, and a crystal clear pool to enjoy sunny days. HURRY! This gem will not disappoint!

149 Ridge Trail Drive Sedona, AZ 86351

$1,050,000
3 Beds
3 Baths
2,446 SqFt
Status Active Under Contract
MLS # 6783072
Property Type Townhouse
Price Type --
A piece of Hollywood history in Sedona's Ridge. Named after the Academy Award-nominated film, ''Rambling Rose'', this 2,500 sq ft Spanish Colonial gem, once owned by Diane Ladd and Laura Dern, blends old-world charm with Hollywood glamour. Featuring 3 Bd., 3 Ba., formal dining, 2 fireplaces, 2 sitting rooms, loft art studio/office, beamed ceilings, oak and Saltillo floors, and Ralph Lauren textured walls. Enjoy 360-degree views from the rooftop deck and outdoor luxury with 3 water features, a heated spa, fire pit, and lush landscaping. Includes membership access to the Sedona Athletic Club with tennis, swimming pool, pickleball, fitness center/classes, and spa. Noteworthy design by award-winning Stephanie Larson and architect Carl Nelson. Furniture & art are available for purchase! HOA BENEFITS: HOA dues include access to the fabulous Hilton Health Club Spa & Pool (for owners). Access to the spa, fitness classes/gym, pickleball & tennis, and swimming. INVESTORS/2ND HOME OWNERSHIP: Rentals are 30 Day! This is a turn-key opportunity to purchase this one-of-a-kind townhome immersed in rich Hollywood history, fully furnished. Owner requests a separate bill of sale for furnishings/decor/housewares. LOCATION & PRIVACY: Situated on the first fairway in The Ridge gated golf community, known for its quiet, professional artist and author residents. This is the largest premier lot in The Ridge! - Rooftop viewing deck with panoramic 360° red rock views. - Expansive wrap-around sitting deck from the primary bedroom. - Spacious patio with brick pavers, artificial turf, and the largest lot in the community. - Private outdoor fire pit and three serene water features. - Towering cypress and red-tipped photinia for added privacy and ambiance. SPANISH ARCHITECTURAL CHARM: Romantic Spanish style, originally built for Dianne Ladd and Laura Dern, with celebrity history (guests included Marlon Brando, Clint Eastwood, Debbie Reynolds). - Authentic Spanish Colonial Revival design with Mexican tile décor and arched windows throughout. - Hand-crafted custom doors and unique glass etchings by Hollywood's, Diane Ladd. INTERIOR HIGHLIGHTS: - Great Room with Spanish tile, high vaulted ceilings, and a cozy gas fireplace. - Arizona Room, heated and cooled for year-round enjoyment. - Two indoor fireplaces and ceiling fans in every room. - Oversized indoor jacuzzi tub, with separate large shower in primary bath. - Materials: Original Saltillo tile flooring on the first level and oak flooring on the second. ADDED FEATURES: - Spiral staircase connecting the primary bedroom deck to the rooftop deck. - Spacious 2-car garage with workbench and built-in cabinetry. - Art studio/office space and two comfortable sitting rooms. LANDSCAPE & GREENERY: - Mature apple, pear, and cherry trees with magnificent seasonal blooms. - Lady Banks Rose and Carolina Jasmine grace the entryway. MODERN UPGRADES - Newer appliances (stove/microwave original) and recently installed roof. - Vaulted tongue-and-groove ceilings. - Enlarged arch doorways - Upgraded exterior

20 San Mateo Circle Sedona, AZ 86336

$1,050,000
3 Beds
2 Baths
2,214 SqFt
Status Active Under Contract
MLS # 6779275
Property Type Single Family Residence
Price Type --
Pristine West Sedona home in the coveted Mission Hills neighborhood, with no HOA! Great opportunity as a furnished short-term rental, secondary, or primary home! Situated on an ultra-private nearly 1/3 of an acre cul de sac lot. Conveniently located less than 3 miles from Uptown Sedona, 9 miles from Slide Rock State Park, and less than a mile from Whole Foods, retail, and local eateries! Additional home features include a newer Bosch central air conditioning system, newer roof, and a modern split floorplan highlighted by a large primary suite with attached office/den. So many possibilities with this home, come see for yourself!

9627 E Gold Dust Avenue Scottsdale, AZ 85258

$1,050,000
4 Beds
3 Baths
3,000 SqFt
Status Active Under Contract
MLS # 6788277
Property Type Single Family Residence
Price Type --
Sellers relocation gives you the opportunity to put your finishing touches on this completely re-imagined property. Highlights include; secondary primary suite addition, giving this home 4 bedrooms and 3 full bathrooms, courtyard entry, expansive backyard with new vaulted Pergola, all new windows and exterior doors, new cabinetry, extensive wet bar, and more! Property is being sold As-Is.

15639 W Peak View Road Surprise, AZ 85387

$1,050,000
5 Beds
3.5 Baths
4,064 SqFt
Status Active
MLS # 6601351
Property Type Single Family Residence
Price Type --
Great 3 acre home close to everything. But still out in the country. Bring all of your toys there's plenty of space for everything in the 6 car garage. Primary suite is a large private oasis with a fireplace. There is a second primary bedroom with a bathroom and walk out balcony to see the beautiful sunsets. There is a two bedroom casita. Total sqft is combined with the main house and the casita.

2081 E Aquarius Place Chandler, AZ 85249

$1,050,000
4 Beds
3 Baths
3,315 SqFt
Status Active
MLS # 6656349
Property Type Single Family Residence
Price Type --
decorative wood framed mirrors, and raised vanities, all complemented by the exquisite Venetian bronze Ashlyn faucets by Delta included in all the bathrooms. The heart of the home, the kitchen, has been transformed into a culinary haven with an extended kitchen nook, upper and lower cabinet extension, and a captivating glass mosaic kitchen splash. The master suite is a sanctuary, featuring a custom shower with frameless glass, floor-to-ceiling tile, and an exterior French door for an expanded and luxurious feel. Every detail has been considered, from the Anderson Tuftex white oak plank flooring to the Mount Claire Ash 12x24 tile, creating an atmosphere of sophistication. The garage is not just a space for vehicles but an extension of your home, with a 4' extension, insulation, epoxy finish flooring, and ample cabinets for organized storage. Entertain in style with 8' interior doors, gourmet appliances including a double oven in sleek black stainless, and a gas cooktop. The kitchen showcases Timberlake Portfolio Select New Haven Stone cabinets with slab front drawers, all elegantly topped with quartz. The laundry room has been transformed into a hobby room with upgraded cabinets and sink. Finally, experience the seamless transition between indoor and outdoor living with a center pull slider at the Great Room. Beyond the interior, this residence is equipped for convenience and sustainability. A gas line to the patio for future BBQs, and a paver driveway with extension make this home ready for modern living. Additionally, enjoy the comfort of soft water and a reverse osmosis system. Further, an 8-foot wide exterior gate provides easy access. This is not just a home; it's a masterpiece of thoughtful design and luxury upgrades, creating an unparalleled living space for the discerning homeowner. Welcome to a life of comfort, style, and sophistication.

4742 S 179th Drive Goodyear, AZ 85338

$1,050,000
4 Beds
3 Baths
2,769 SqFt
Status Active
MLS # 6736703
Property Type Single Family Residence
Price Type --
This stunning masterpiece is a dream come true and will leave you breathless! Starting with 4 bed 1 game room 3 bathrooms 2-car garage, RV gate, separate office /casita with kitchen and bathroom. An awe-inspiring interior showcases sheer beauty & spectacular attention to detail. Discover the modern open floor plan graced with porcelain tile flooring throughout, an upscale ceiling fan, and large sliding glass doors on the back patio. Spotless kitchen provides a pantry, recessed & pendant lighting, ample cabinets adorned with crown moulding, tile backsplash, sleek quartz counters, and a prep island with a breakfast bar. Grand owner's retreat boasts direct outdoor access, an ensuite with dual sinks, an enclosed glass shower, and a walk-in closet. Finally, the HUGE backyard with a covered patio is a blank canvas with tons of potential for your landscape ideas and enough room for a pool. Don't waste time. This one-of-a-kind gem will sell fast!

14670 E Desert Trail Scottsdale, AZ 85259

$1,050,000
3 Beds
3 Baths
2,870 SqFt
Status Active
MLS # 6727978
Property Type Single Family Residence
Price Type --
Welcome home! Nestled between Scottsdale Mountain and Adero Canyon, this gem offers ample space for entertaining family or friends, breathtaking views of the famous Arizona sunsets, and thoughtfully designed spaces both inside and out. Escape to the tranquil beauty of Hidden Hills and discover your dream home within this sought-after gated community. This exceptional residence boasts stunning sunsets, and breathtaking mountain views that will captivate you. Enter through your private courtyard, which seamlessly extends the outdoor living space and welcomes you into a world of serenity and luxury. Step inside this single-level Golden Heritage Great Room floor plan, where you'll be embraced by an inviting atmosphere that effortlessly marries comfort with sophistication. The spacious kitchen, a haven for culinary enthusiasts, includes a gas cooktop and double wall ovens, providing ample space for culinary exploration, while a cozy fireplace sets the tone for intimate gatherings in the family room. Indulge in the opulence of the expansive primary suite, featuring a private exit to the rear yard where the beauty of the landscape awaits you each morning. Outside, a resort-style backyard beckons with a sparkling Pebble Tec pool, lush landscaping, and accent lighting, creating an oasis of tranquility and relaxation during the evenings.

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