Instant Reaction: Today’s FOMC Meeting

Interest-rates

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to raise short-term rates for the first time in 2017:

“Rising inflation will predominantly dictate the next monetary policy decision, but another short-term rate hike should be expected by the end of the summer. Right now, rents and housing costs are increasing faster than other components because of the stubborn housing shortages in much of the U.S. To contain inflation and slow the pace of future rate hikes, more home construction is needed now.”

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4330 Copperhead Drive Wickenburg, AZ 85390

$598,000
2 Beds
2 Baths
1,873 SqFt
Status Active
MLS # 6769355
Property Type Single Family Residence
Price Type --
Discover a home that balances comfort and character in the coveted Lone Star neighborhood. This exceptional residence welcomes you with a warm, rich color palette, setting a relaxed and inviting mood throughout. Large rooms flow seamlessly across the tile flooring, while plantation shutters add a touch of elegance. The kitchen is a highlight, featuring a gas cooktop that makes cooking a pleasure. And with an owned wired alarm system, peace of mind is built right in! Out back, the space is designed for year-round enjoyment. Gather around the gas fire feature on cooler evenings, fire up the built-in BBQ, or relax under the shade of the pergola while taking in the desert air. It's an outdoor space made for quiet moments and lively get-togethers alike, with thoughtful details that invite... you to unwind. The extended-length 3-car garage isn't just practicalit's a well-organized space with attached shelving, providing room for vehicles, gear, and projects. It's the kind of garage that offers flexibility, whether you need extra storage or room for hobbies. This home at Wickenburg Ranch is all about easy living, with spaces that invite you to make them your own. It's a place where the details matter, offering a lifestyle that feels as good as it looks, ready to become your next favorite spot.

302 W Oak Avenue Unit 3 Flagstaff, AZ 86001

$598,000
2 Beds
2.5 Baths
1,085 SqFt
Status Active
MLS # 6733268
Property Type Single Family Residence
Price Type --
TO BE BUILT...Welcome to modern living in the heart of Flagstaff - a collection of contemporary detached homes that redefine luxury and convenience. Nestled against the backdrop of the stunning mountains, step into a world where architectural brilliance meets nature's beauty. The community boasts a sleek and contemporary design that seamlessly integrates with the natural surroundings. Plentiful glass allows ample natural light to flood the interiors, creating a harmonious blend of indoor and outdoor living. Clean lines, high ceilings, and thoughtfully designed spaces provide an open and airy atmosphere making each home a sanctuary of modern sophistication. Wake up to the awe-inspiring sight of the mountains right outside your window (Select Lots Only).

2805 W Wayne Lane Anthem, AZ 85086

$598,000
4 Beds
2.5 Baths
2,560 SqFt
Status Active
MLS # 6767232
Property Type Single Family Residence
Price Type --
This delightful home boasts a spacious living and dining room adorned with vaulted ceilings, charming light fixtures, and engineered wood plank flooring. Step into the bright great room, flooded with natural light, creating an inviting and warm atmosphere. The new quartz counters and subway tile backsplash in the kitchen look incredible! Two pantries and an island with a breakfast bar add functionality and style. The generous den/hobby room is perfect for a home office or creative studio. Upstairs you will find 4 bedrooms and 2 baths plus a walk out balcony to enjoy the beautiful nights in Anthem Arizona! You will love this home! Upstairs, retreat to the primary suite, complete with a double-door entry, plush carpeting, a full ensuite, and a mirrored walk-in closet. Enjoy breathtaking mountain views from the private balcony, or relax under the covered patio in the large desert-landscaped backyard. Don't miss it!

6229 E Pinchot Avenue Scottsdale, AZ 85251

$598,000
2 Beds
2 Baths
1,658 SqFt
Status Active
MLS # 6767757
Property Type Townhouse
Price Type --
Discover this rare 2-bedroom, 2-bath mid-century townhome in Scottsdale's iconic Golden Keys community! Ideally situated near the pool and clubhouse designed by Ralph Haver, this gem welcomes you with a bright entry and a cozy living area featuring classic tongue-and-groove ceilings—perfect for entertaining. The second bedroom boasts a built-in office, bookshelves, and twin hideaway beds for guests or workspace. Enjoy the updated dining area and kitchen, along with well-maintained plumbing and mechanics. Step outside to your private backyard oasis, showcasing spacious covered patio space, flagstone-like flooring, Tuff Turf, and a soothing water feature. This home offers the perfect blend of seclusion and central convenience—don't let this opportunity slip away! The updated dining area and kitchen are complemented by well-maintained plumbing and mechanics, ensuring a move-in ready experience. Step outside to a private backyard oasis that embodies Arizona Living, featuring a spacious covered patio, flagstone-like flooring, Tuff Turf, and a tranquil water feature. This home offers an exceptional balance of seclusion and central accessibility. Seize this opportunity today!

12744 N 146th Lane Surprise, AZ 85379

$598,000 - 4Br/4Ba -  for Sale in Marley Park Parcels 15 And 16 2nd Replat, Surprise
New
$598,000
4 Beds
3.5 Baths
2,470 SqFt
Status Active
MLS # 6777807
Property Type Single Family Residence
Price Type --
Pride of ownership is shown in this beautiful 4-bedroom home that has been tastefully renewed! Meticulously designed interior features carpet & wood-look tile flooring, fresh neutral palette, and an inviting living room. Wide sliding glass doors in the HUGE great room connect you to the back patio, improving your indoor-outdoor living experience. Upscale kitchen comes complete w/recessed & pendant lighting, granite counters, a prep island w/a breakfast bar, ample white cabinetry topped w/crown moulding, stainless steel appliances, a walk-in pantry, and subway tile backsplash. Surely to impress w/the primary retreat, boasting a trendy barn door to the ensuite comprised of two vanities, a large enclosed glass shower, and a walk-in closet. This gem includes a 2nd main bedroom w/a bathroom! You'll definitely love the wonderful backyard w/a covered patio and sparkling pool. Don't miss!

1425 W Kenrick Drive Wickenburg, AZ 85390

$598,000
3 Beds
2.5 Baths
3,190 SqFt
Status Active
MLS # 6651710
Property Type Single Family Residence
Price Type --
Welcome to a move-in ready home that offers the perfect canvas for your personal touch. Situated in a prime location with stunning views, this property boasts a spacious backyard, setting the stage for a comfortable and personalized living experience. As you explore the home, you'll discover a cozy and inviting layout, featuring multiple rooms that are primed for your creative ideas. Each room is a comfortable space, eagerly awaiting your unique flair. Whether you're interested in adding modern touches, highlighting the home's charming details, or a combination of both, the possibilities are limitless. The private and fully fenced backyard is an ideal setting for a variety of activities. It's a gardener's dream, or a tranquil retreat for those who appreciate peaceful relaxation.

1178 E Sabino Drive Chandler, AZ 85286

$598,000
3 Beds
3.5 Baths
2,239 SqFt
Status Active
MLS # 6687681
Property Type Single Family Residence
Price Type --
Low interest rate assumable loan to a veteran!. Just steps from the beautiful community pool and Tumbleweed Park and Rec Center. Bright, airy and open is the best description for this home. An island , breakfast bar and large pantry highlight the entertainer's kitchen with Stainless Steel Appliances. A sizable walk in closet, large private bath and dual sinks show off the primary bedroom. Located very close to shopping, schools and the freeway access.

6487 Tall Pine Drive Pinetop, AZ 85935

$598,000
3 Beds
3 Baths
1,456 SqFt
Status Active
MLS # 6724701
Property Type Single Family Residence
Price Type --
THRIVING Current Airbnb! Nestled in the serene woods of the Pinetop Lakes Golf and Country Club, this charming cabin offers the perfect blend of rustic elegance and modern comfort. Whether you are looking for a Family Cabin, Full Time Living, or Airbnb Investments this Home is Fully furnished and ready for you to move in—just bring your toothbrush! This delightful home features 3 spacious bedroom split floorplan and 3 full bathrooms, providing ample space for family and friends. The inviting open-concept living area boasts cozy furnishings and a warm fireplace, ideal for relaxing after a day of outdoor adventures. The well-equipped kitchen includes all the essentials, ensuring you have everything you need to prepare delicious meals. Each bedroom is tastefully decorated and designed for comfort, offering a peaceful retreat at the end of the day. Step outside to enjoy the breathtaking natural surroundings from the deck perfect for morning coffee or evening gatherings. Located in the desirable Pinetop Country Club area, this cabin offers access to a range of recreational activities and amenities. Don't miss the opportunity to own this beautiful cabinyour dream mountain getaway awaits!

3100 W Frankfurt Drive Chandler, AZ 85226

$598,000
5 Beds
3 Baths
2,372 SqFt
Status Active
MLS # 6744740
Property Type Single Family Residence
Price Type --
Motivated Seller!! Pristine location in one of the best cities to live in! Your family will love this 5 bedroom 3 bath home with a gorgeous deck off the Primary bedroom. With no neighbors behind you, you will truly enjoy the serenity here. ALL NEW ENERGY EFFICIENT WINDOWS, NEW WATER HEATER and the HVAC & AIR HANDLER is 3 YEARS NEW!! Lots of natural light to enjoy the chef's kitchen with granite counters and SS appliances and so much storage. 3 bedrooms Upstairs with beautiful wood floors. Downstairs has 2 bedrooms and a living room with a fireplace, so many spaces to enjoy. Step outside and entertain or relax in your private, tranquil backyard under the stars or have drinks and conversations in the gazebo & ramada. Close to all things in Chandler!!

6027 N 10th Street Phoenix, AZ 85014

$598,000
3 Beds
2 Baths
1,570 SqFt
Status Active
MLS # 6748121
Property Type Single Family Residence
Price Type --
This newly remodeled gem has been re-designed to create a modern floor-plan featuring Luxury Vinyl Flooring, a new kitchen with lovely cabinetry, quartz countertops, and stainless-steel appliances. The bathrooms are fully updated with new vanities, lighting, and tile. The front living room boasts a cozy wood-burning fireplace and the entire home, inside & out, has been freshly painted. Enjoy enhanced comfort with new LED lighting and ceiling fans throughout. The landscaped yard includes mature shade trees, flowering bushes, and private courtyard with hassle-free watering system plus a large side yard perfect for your furry friend. Located in the coveted Madison School District within walking distance to the ''A'' Rated Rose Lane Elementary and Madison Traditional Academy.

321 W Palo Verde Street Gilbert, AZ 85233

$598,000
4 Beds
3 Baths
2,090 SqFt
Status Active
MLS # 6759949
Property Type Single Family Residence
Price Type --
**Distinctive character and unique SW design on preferred N/S lot ideally situated close to downtown Gilbert!!**Beautifully updated 4 bedrooms with private bath off guest room + additional bonus/media room.**Practical stained concrete flooring throughout, freshly painted with newer light fixtures and ceiling fans and gas fireplace.**Well-planned kitchen with Brazilian Quartzite countertops, custom cabinetry, huge island/breakfast bar & double French patio doors.**Additional amenities include RV gate w/concrete pad, sliding barn door in master suite, stackable washer & dryer, reverse osmosis, soft water and refrigerator!!**Private backyard with no rear neighbors, extended covered patio, shed and lush, mature landscaping.**

2644 Leisure World -- Mesa, AZ 85206

$598,000 - 3Br/2Ba -  for Sale in Leisure World Plat 25 Lot 2605-2710 Tr A-f, Mesa
Open House
$598,000
3 Beds
1.5 Baths
1,843 SqFt
Status Active
MLS # 6775796
Property Type Single Family Residence
Price Type --
Great home in cul-de-sac, 3 car garage with large storage room off of garage. This home is unique, large lot, fenced backyard and lots of privacy, it is a Barcelona Floorplan that has been opened up to a great room with a beautiful kitchen. Primary bedroom has a large room built on that can either be an office, craft room, TV room, converted to a walk in closet or many other choices. Primary bath has been increased to add a jacuzzi soaker tub, separate shower and large vanity. Laundry has been moved to primary bathroom. Tile floors throughout. All this in the Premiere Active Adult Community of Leisure World with 36 holes of private golf, new tennis complex, pickle ball, swimming pools, library, state of the art fitness center, theater, arts and crafts, billiard room, and much more!

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