Instant Reaction: March Housing Starts

buildinghouse

Building a HouseThe following is NAR Chief Economist Lawrence Yun’s reaction to this week’s U.S. Commerce Department report on March residential construction:

“A major housing shortage exists in this country. It is therefore disappointing to witness in March the continued lackluster performance in new home building, which was the second lowest activity over the past six months. Home prices have risen by 41 percent and rents have climbed 17 percent over the past five years at a time when the typical worker wage has grown by only 11 percent. To relieve housing costs, there simply needs to be more homes built.”  

Bottom Line:

It’s a strong seller’s market.  It’s very possible that the perfect home that you finally found has also garnered a lot of interest from other buyers.  A new build is the perfect option.  Visit my New Build Search to find your new home.  Give me a call for additional information – J.P. Cook – 602-320-4253.

What’s Your Home Worth?

Search for Your New Home

1821 E Behrend Drive Phoenix, AZ 85024

$565,997
3 Beds
2 Baths
1,787 SqFt
Status Active Under Contract
MLS # 6764010
Property Type Single Family Residence
Price Type --
Home is in a beautiful hillside setting. 3BR/2BA with a separate office which can also be a 4th bedroom. Vaulted ceilings, pot ledges for display. Sky light in Great Room. Home has been freshly painted. Kitchen open to great room with breakfast bar and eat in kitchen. W/D located inside. Tile and laminate throughout house. Great views of mountain in back. Large covered patio with extended patio that is great for entertaining. Built in BBQ close to house. Sparkling pool for afternoon dips Solar! Easy care landscaping. Must see home in area close to 101, shopping and healthcare facilities. Don't miss this one!

15562 S 181st Lane Goodyear, AZ 85338

$565,995
4 Beds
2 Baths
2,612 SqFt
Status Active
MLS # 6728306
Property Type Single Family Residence
Price Type --
This beautiful home is move-in ready. A large center island in the kitchen overlooks the casual dining area. The open-concept kitchen flows effortlessly into the great room and dining room, making this floor plan ideal for entertaining. Discover what luxury living truly means and schedule a tour of this beautiful home.

12346 W Hedge Hog Place Peoria, AZ 85383

$565,990
2 Beds
2 Baths
1,682 SqFt
Status Active
MLS # 6743534
Property Type Single Family Residence
Price Type --
DRASTICALLY REDUCED! Motivated sellers! Experience the best time of the year as the weather cools and our winter visitors return. Are you searching for a home in one of Arizona's most sought-after active adult communities, Trilogy at Vistancia? Whether you're looking for a winter retreat or a permanent move, having friends nearby is always a plus! This upgraded Montis floorplan features real hardwood floors and countless improvements. The previous owners, before our motivated sellers, rarely used this corner lot gem, so it has only been lived in full-time for 3 years. Plus, the stainless steel fridge, washer, and dryer are included! Not 55+? No problem! Trilogy at Vistancia welcomes residents through a simple variance (children or other occupants must be 18+). Regardless of age, everyone loves Trilogy! Enjoy world-class amenities including a fitness center, indoor lap pool, two outdoor pools for year-round use, a spa, a cafe, numerous clubs and activities, live music, and stunning views. And let's not forget the meticulously cared-for golf course that golfers rave about! After your best game ever, head to V's Taproom for dinner or a drink with friends to celebrate another day in paradise.

10959 E Tupelo Avenue Mesa, AZ 85212

$565,900
3 Beds
2 Baths
2,150 SqFt
Status Active
MLS # 6694537
Property Type Single Family Residence
Price Type --
Singe level pool home in Bella Via! Neutral paint and flooring in soothing tones is waiting for personal touches! Chef's kitchen with gourmet SS appliances including gas cooktop and wall oven, Expansive quartz island with extended staggered cabinetry Split floorplan is perfect for hosting guests. The spacious backyard with stunning pool is perfect for hosting BBQ's and enjoying the AZ sun! Prime East Mesa location near the 24, shopping and dining! Don't miss out on this one today!

4010 S 178th Lane Goodyear, AZ 85338

$565,588
4 Beds
3.5 Baths
2,639 SqFt
Status Active
MLS # 6768888
Property Type Single Family Residence
Price Type --
Ready for quick move in! Welcome to the Juniper Floor Plan, a magnificent single-story haven meticulously designed to offer space, comfort, and versatility. Boasting an expansive 2639 square feet, this home provides a seamless fusion of elegance and practicality. Discover the allure of 4 beautifully appointed bedrooms, each offering a serene sanctuary for rest and rejuvenation. The Owners Suite stands out as a true retreat, featuring a walk-in closet that keeps your belongings organized and easily accessible. ALWAYS BUILT W/SPRAY FOAM INSULATION & TANKLESS WATER HEATER!!

13747 W Nogales Drive Sun City West, AZ 85375

$565,500
2 Beds
2 Baths
1,837 SqFt
Status Active
MLS # 6734640
Property Type Single Family Residence
Price Type --
Presenting the San Ysidro Model home, a masterpiece of elegance and refined taste, situated on a corner lot within the serene, gated community of Corte Bella. This home spans 1,837 sq ft and features two spacious bedrooms and two luxurious bathrooms,+ large den/office tailored for both enchanting entertainment and peaceful relaxation. The heart of this home offers a chef's dream kitchen, fully upgraded with stainless steel appliances, granite countertops, a center island, and an ample pantry. The primary suite offers a sanctuary-like experience with bay windows, modernized flooring, a large walk-in closet, and a private water closet with double sinks. The accompanying bedroom and bathroom continue the theme of luxury with updated fixtures, and new installations. Expansive connections between the great room, den/office with custom French doors, dining, and kitchen areas showcase the carefully selected neutral tile flooring throughout, reflecting a tastefully designed interior. This exceptional property is now available for sale, ready to fulfill your dream of sophisticated yet practical living.

10229 W 10229 W Jessie Ln Lane Peoria, AZ 85383

$565,000
4 Beds
2.5 Baths
2,247 SqFt
Status Active
MLS # 6774090
Property Type Single Family Residence
Price Type --
This stunning 4-bedroom, 2.5-bathroom home is situated in the sought-after Ironwood subdivision. Remodeled in 2023 by the former owner, it features new flooring, fresh interior paint, quartz countertops in the kitchen and bathrooms, and new blinds, along with a new pool pump. The current sellers have added new appliances, window screens, ceiling fans, epoxy flooring in the garage, and storage racks. Its proximity to abundant shopping, dining options, and easy access to major freeways, the 101 and 303, adds to the home's appeal.

30133 N 172nd Street Rio Verde, AZ 85263

$565,000
3 Beds
2 Baths
1,637 SqFt
Status Active Under Contract
MLS # 6771208
Property Type Single Family Residence
Price Type --
Stunning views of Four Peaks, Weaver's Needle, and the Superstitions are the backdrop of this 1.059 acre property. The 3 bedroom, 2 bathroom split floor plan is move-in ready, lightly lived-in, and only 2 years old. The home is centered around a spacious great room, offers 9+ ft ceilings, and energy-efficient dual-pane low-e windows. The kitchen is beautifully designed with quartz countertops, upgraded cabinetry, and tile backsplash. Upgrades include 12ft sliding doors, spray foam insulation, upgraded doors throughout, enhanced desert landscaping, custom paver patio, retaining wall, and gutters. Step outside to a covered patio and enjoy the beautiful scenery. Ask about the guaranteed water through EPCOR's Rio Verde Foothills Standpipe project.

1749 Silver Spur Circle Clarkdale, AZ 86324

$565,000
2 Beds
2 Baths
1,715 SqFt
Status Active
MLS # 6767718
Property Type Single Family Residence
Price Type --
Discover your dream home with unparalleled charm and comfort! This property offers a unique blend of elegance and privacy, perfectly situated on an expansive 1/2 acre lot for ultimate seclusion with the option for an additional 1/2 acre. Imagine cozy evenings by the fireplace, and waking up every day to a magnificent view of the Red Rocks that never fails to inspire. One of this property's unique highlight is an exquisite imported, hand-peeled and stained log ramada with elegant pavers and a six-person hot tub, perfect for outdoor relaxation or entertaining guests. Whether you're seeking tranquility or a place to entertain, this home provides the perfect backdrop for all your aspirations. Step through a charming front door courtyard, adorned with a decorative steel gate, setting the scene for a warm welcome. Beyond the front, discover a fully gated fenced backyard offering privacy. Embrace the sophistication of 9 ft ceilings and charming bullnose corners throughout plus the elegance of ceramic flooring, with cozy carpeted bedrooms for ultimate comfort. Gather around the stunning Southwestern-style glass-enclosed propane fireplace, complete with a mantel, hearth, and beautifully crafted faux logs that evoke a cozy atmosphere. Adjacent to the hearth, a full-length sitting bench offers a perfect spot to relax and enjoy the warmth. This exquisite property boasts a kitchen that is a culinary enthusiast's delight, featuring ample counter space, an abundance of cabinets, and a convenient breakfast bar. A spacious pantry complements the setup, ensuring you have all the storage you need. Enjoy leisurely breakfasts in the adjoining breakfast nook, a perfect spot for morning routines. The heart of the home shines with tubular skylights in the kitchen, laundry, and oversized tiled walk-in shower. Split bedroom plan that promises both privacy and comfort. Enjoy the seamless indoor-outdoor flow, with glass patio doors leading off both the dining room and master bedroom onto spacious patios. Peace of mind with newer appliances, including a dishwasher, hot water heater, washer, and dryer, ensuring modern comfort and convenience. The property boasts a fully functional sprinkler system equipped with new valves, a system water shut off, and a sprinkler control panel for easy plant maintenance. Additionally, enjoy peace of mind with new garage door springs enhancing safety and reliability. A custom designed elevated lot to not only enhance the views but to accommodate runoff and prevent erosion. This unique home is surrounded by hand-placed native rock lining the front and back ditches, offering a distinct and harmonious landscape design. The rip-rapped berms elegantly frame the remaining sides, enhancing both functionality and aesthetics. Additionally, the property features attractive rock-lined drainage swails, providing efficient water management while adding to the overall charm. This property is a perfect blend of thoughtful design and natural allure. Thoughtfully designed exteriors featuring a delightful wraparound sidewalk leading to one porch, complemented by hand-placed steppingstones guiding you to the opposite porch. This property boasts an oversized 2-car garage featuring pull-down concealed wooden steps for full attic access, offering ample storage and convenience. The approach to this home is nothing short of impressive, featuring a commercial-grade compacted gravel path that seamlessly transitions into a wide concrete driveway.

7221 W Windrose Drive Peoria, AZ 85381

$565,000
4 Beds
3 Baths
2,292 SqFt
Status Active
MLS # 6773278
Property Type Single Family Residence
Price Type --

1137 N Gibson Street Gilbert, AZ 85234

$565,000
4 Beds
2.5 Baths
2,142 SqFt
Status Active
MLS # 6751088
Property Type Single Family Residence
Price Type --
Enjoy the beautifully remodeled kitchen, flooring, bathrooms, painting, new hot water heater and so much more. This home has the perfect floor plan for a family. The backyard is huge and has a sparkling beautiful pool. There is a an RV gate and an extra driveway on the side. No HOA. The home is on a corner lot and a very short walking distance to a gorgeous park with playground. The location is within a few minutes from fantastic shopping and restaurants. You will not be disappointed.

23074 E Desert Spoon Drive Queen Creek, AZ 85142

$565,000
3 Beds
2 Baths
2,381 SqFt
Status Active
MLS # 6769675
Property Type Single Family Residence
Price Type --
Discover this exceptional single-level residence featuring 3 bedrooms plus a versatile den, ideally situated just a block away from the community pool, splash pad, and parks perfect for leisure and entertainment. Upon entering, you are welcomed by an inviting open floor plan that harmoniously connects the living, dining, and kitchen areas, providing an ideal space for both entertaining and everyday living. The bright living area is enhanced by large windows and a sliding glass door that floods the space with natural light. The modern kitchen is designed for both functionality and style, showcasing sleek countertops, ample cabinetry, and a central island that serves as a perfect gathering spot for casual meals or socializing with guests. Step outside to a blank canvas backyard, offering endless possibilities for creating your personal outdoor retreat. This space is perfect for entertaining, gardening, or simply enjoying the tranquility of your surroundings. Seize this opportunity to reside in the highly sought-after Meridian community, where convenience meets elegance. Don't miss the potential this beautiful home has to offer!

Leave a Reply

Your email address will not be published.