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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2 Broadmoor -- Prescott, AZ 86305

$599,000
3 Beds
2 Baths
1,794 SqFt
Status Active Under Contract
MLS # 6753352
Property Type Single Family Residence
Price Type --
Beautiful maintained 3 Bedroom,2 Bath Home nestled in the highly desirable Wildwood Estates,a tranquil community offering a perfect balance of nature&convenience.Enter into the spacious great room w/a cozy gas fireplace,formal dining room,kitchen w/easy access to both indoor&outdoor dining areas.This area flows seamlessly into the two guest bedrooms w/a full second bath.Large primary bedroom w/an ensuite remodeled designed for that modern living.Laundry room w/ample cabinet storage space,2 car garage w/built in cabinets.Expansive covered deck opens to the private backyard a peaceful retreat surrounded by mature trees.Relaxing and comforting style in a serene setting.This home blends the best of indoor&outdoor living.Make this charming home your own.

2322 S Rogers -- Unit 16 Mesa, AZ 85202

$599,000
6 Beds
4 Baths
2,732 SqFt
Status Active
MLS # 6722677
Property Type Single Family Residence
Price Type --
This beautiful home is located inside the gated community of Legante Paseo in highly desirable Dobson Ranch & backs to the 3rd fairway of the golf course. The front entry leads to your formal living & dining area w/ a 2-way fireplace that is shared w/ the family room next to the open kitchen. The property features 6 bedrooms & 4 bathrooms including 3 primary bedrooms w/ en-suites (one on main floor). The two primary bedrooms upstairs also feature a balcony to enjoy sunsets & the golf course. Kitchen & bathrooms have been beautifully remodeled in addition to other upgrades including HVAC (2019) & newer appliances. The private community also has its own community pool & ramada area. Don't miss out on your chance to own one of the few properties available in this piece of paradise!

4780 Starlight Drive Happy Jack, AZ 86024

$599,000
3 Beds
2 Baths
1,401 SqFt
Status Active
MLS # 6769681
Property Type Single Family Residence
Price Type --
Welcome to your cozy getaway, where modern comforts meet rustic charm in a captivating single-family haven. Nestled amidst beautiful trees on a desirable lot with graveled circular drive, this home offers the perfect escape without compromising conveniences. Step inside this cozy sanctuary and be greeted by the warmth of tongue and groove ceilings and walls, coupled with the open, airy feel of vaulted ceilings, creating an inviting atmosphere throughout. This creatively designed home includes 2 bedrooms and a bath downstairs, as well as a loft/bedroom upstairs with a bathroom and balcony, ideal for both entertaining guests and relaxing after a long day.The open-concept living area is a true centerpiece, featuring a stunning fireplace that anchors the room and offers a perfect escape without compromising conveniences. Step inside this cozy sanctuary and be greeted by the warmth of tongue and groove ceilings and walls, coupled with the open, airy feel of vaulted ceilings, creating an inviting atmosphere throughout. This creatively designed home includes 2 bedrooms and a bath downstairs, as well as a loft/bedroom upstairs with a bathroom and balcony, ideal for both entertaining guests and relaxing after a long day.The open-concept living area is a true centerpiece, featuring a stunning fireplace that anchors the room and offers a perfect sitting area to watch the beautiful flames with a glass of wine, perfect for cozy evenings in. Transition effortlessly from indoor to outdoor living with the expansive deck, surrounded by great trees that provide a serene and picturesque backdrop. Enjoy outside dining, morning coffees, or simply unwind while taking in the beauty of your natural surroundings .The kitchen is accented with modern conveniences, including recessed lighting that enhances the chic and functional design ideal for crafting culinary delights as you entertain. a built-in wine cooler, reach in pantry and a breakfast bar. Storage and organizational needs are effortlessly met with a detached garage, providing ample space for vehicles and hobbies alike.This gem at Starlight Drive promises more than just a home; it's a lifestyle of tranquility with the convenience of modern living. Don't miss your opportunity to own this unique property that blends comfort, style, and nature creating the perfect setting for cherished memories. This home is great for a weekend getaway or full time living. Escape the heat and come watch the wildlife from your deck, jump in your side by side or go for a hike.

29449 N 51st Street Cave Creek, AZ 85331

$599,000
4 Beds
2 Baths
1,591 SqFt
Status Active
MLS # 6753534
Property Type Single Family Residence
Price Type --
Remodeled w/ NEW ROOF, 4-bedroom, 2 Car, single-story gem in Cave Creek, just minutes from Scottsdale & Desert Ridge! This home is designed to impress, featuring a Chefs Dream kitchen with high-end GE Cafe Series appliances, Induction Range w/ double ovens, sleek white shaker cabinets, soft-close doors & drawers, white quartz countertops throughout, & sophisticated champagne gold fixtures. The bathrooms have been updated with modern vanities, undermount sinks, stylish fixtures, lighting & mirrors. The entire home boasts contemporary tile flooring. Step outside to a spacious backyard with NEW Artificial Turf, Landscape Watering System & Pavered patio-great for entertaining! Outdoor screens installed March 2024, 6 yr old Trane HVAC. Move in ready!

20858 W Glen Street Buckeye, AZ 85396

$599,000
3 Beds
2 Baths
2,089 SqFt
Status Active
MLS # 6764370
Property Type Single Family Residence
Price Type --
Your Dream Home Awaits! This beautiful pool home on an oversized lot in Verrado's coveted Main Street district is sure to impress! As you enter the home, you'll be sure to appreciate the upgrades from floor to ceiling with Luxury Vinyl Plank Floors, upgraded carpet, 9' Ceilings with 8' Doors and brand new paint, wood blinds and ceiling fans throughout! The front of the home is appointed with two guest bedrooms and a guest bath with upgraded vanity height, dual square sinks and a tub/shower combo. The gourmet kitchen is a stunner with quartz counters, custom tile backsplash, upgraded height upper cabinets, double ovens, gas range and walk-in pantry! The Primary suite provides ample space with a massive walk-in shower, upgraded height vanity with dual square sinks and huge walk-in closet! The upgraded Laundry room offers a sink, lower cabinets and upper shelving. Spend the days relaxing in the sparkling pebble tec pool with water feature and baja step. Pre-plumbed and electrical work already done to easily add a heater to the pool! Easy to install pool fencing will stay with the home as well. Low maintenance yard with turf so you can enjoy green grass all year round! The 3 car garage provides space for your golf cart or other toys and projects! A short walk to Main Street with all of it's dining, events and grocery store, as well as many grassy parks and a trail which winds throughout Verrado. Also a short walk to Verrado Elementary and Middle Schools. Verrado features top rated schools, golf courses, over 80 parks, dog parks, splash pad, 2 community pools, fitness center, and Main Street with shopping, dining, and grocery. Enjoy community events like tree lighting ceremony, founders day celebration weekend, and other holiday events

11021 W Buchanan Street Avondale, AZ 85323

$599,000
5 Beds
2.5 Baths
2,830 SqFt
Status Active
MLS # 6764601
Property Type Single Family Residence
Price Type --
An AMAZING OPPORTUNITY for a spacious NEW HOME in a FAMILY FRIENDLY COMMUNITY near the heart of New Downtown The BLVD in Avondale. Expansive community green belt on one side gives the feel of a corner lot with extra privacy. Luxurious upgraded kitchen with GE Profile appliances and quartz countertops. Huge master bedroom with a private retreat space, beautiful custom built-in closet and large shower. 2 bedrooms with a Jack-and-Jill bathroom. 2 flex rooms that can turn into extra bedrooms, guest spaces, playrooms, or home offices. Additional Interior Features: Ceramic tile flooring, Hunter ceiling fans with remotes and custom motorized blinds throughout the home. Additional Exterior Features: Insulated 3-car garage, Tankless Hot Water Heater, Pre-Plumbed utility sink and Soft Water loop. Future school planned next to the community for families.

2640 S Southwind Drive Gilbert, AZ 85295

$599,000
4 Beds
2.5 Baths
2,260 SqFt
Status Active
MLS # 6747537
Property Type Single Family Residence
Price Type --
***MOTIVATED SELLER!!!*** A beautifully maintained gem in the heart of Gilbert, AZ. This charming 4-bedroom, 2.5 bath home offers a perfect blend of comfort and style, nestled in a serene and family-friendly neighborhood. Freshly painted inside and out, the home is just waiting for you to move in! Check out the HUGE master bathroom with an oversized shower boasting 2 showerheads. Multiple living spaces and 4 bedrooms will give your family plenty of space to spread out! And don't forget the pool! With a fountain to keep it cool on these hot summer days! Added bonus... No neighbors behind you and only one directly next to you. Additional highlights of this home include a convenient 2-car garage, a dedicated laundry room, and easy access to nearby parks, shopping, and top-rated schools.

18822 N Grandview Drive Sun City West, AZ 85375

$599,000
2 Beds
2 Baths
2,319 SqFt
Status Active
MLS # 6750441
Property Type Single Family Residence
Price Type --
Home is situated on the 10th fairway on the Grandview Golf Course in Sun City West. The paid-up solar lease from 2011 is the cherry on top, giving you the luxury of sustainable energy. This property is complete with premium upgrades in the kitchen with quartz countertops, stylish cabinets, and stainless steel appliances. The roof underlayment was added in 2017, providing an extra measure of longevity. The HVAC system was updated in 2013. The Master Bath was beautifully appointed with new cabinets, tiled shower and sinks and plantation shutters in the master bedroom. Further adding to the charm are the tubular skylights adding natural light. Complementing the indoor living space, an enclosed lanai and covered patio beckon outside offering serene spaces to unwind and entertain.

44449 W Canyon Creek Drive Maricopa, AZ 85139

$599,000
5 Beds
3 Baths
3,930 SqFt
Status Active
MLS # 6759318
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the highly desirable Cobblestone subdivision of Maricopa! This stunning 5-bedroom, 3-bathroom residence spans 3,929 sq.ft. of nicely upgraded living space. The modern kitchen boasts sleek stainless steel appliances, beautiful quartz countertops, kitchen island and lots of storage. Upstairs you'll find spacious loft and oversized bedrooms for all the guests or family. Step outside into your expansive backyard oasis, complete with a built-in grill, Blackstone griddle and PIZZA OVEN, with a large SPARKLING HEATED POOL AND SPA —ideal for Arizona's sunny days and cool evenings. With ample space, luxurious features, and a prime location, this home offers everything you need for comfort and style. Don't miss the chance to make this your forever home

16780 W Cocopah Street Goodyear, AZ 85338

$599,000
4 Beds
3 Baths
3,121 SqFt
Status Active Under Contract
MLS # 6722004
Property Type Single Family Residence
Price Type --
Single owner 4 bedroom home in Canyon Trails awaits you. Sitting on a North South lot with 3 car garage, double RV gate, artificial turf with a stunning private backyard oasis play pool complete with lighting,waterfall and leaping jets of water for the greatest pool time ever. The outdoor kitchen boasts a bbq, a griddle,a refrigerator and sink with tile counters. The complete home just repainted and refreshed from top to bottom. Tile and laminate flooring throughout both downstairs and upstairs. The large family entertainment area upstairs just off of the 3 bedrooms awaits you. Owners suite is expansive with large walk in his and hers closet and seperate soaking tub and walk in shower. This home does not dissapoint. Bring the family for a look and make it yours today.

1888 W Dion Drive Phoenix, AZ 85086

$599,000
3 Beds
2 Baths
2,080 SqFt
Status Active
MLS # 6741209
Property Type Single Family Residence
Price Type --
Your patience is about to pay off! This beautiful, meticulously maintained Telluride perched on a private, elevated, golf-course lot has long-range views of mountains in every direction. Lowered view-fence provides unobstructed sunrise vistas that truly ease the soul. EZ-care turf & landscape. Tastefully updated: New appliances include induction stove sure to improve your cooking experience. Extended solid wood cabinets, some with textured glass fronts. Slab granite counters + backsplash. Plantation shutters and new blinds. Contemporary frosted-glass barn door to walk-in closet. Updated light fixtures + fans. Office w/ glass French doors could be 3rd bedroom. Extended garage with EV CHARGING OUTLET. Fully enclosed, shady front patio extends outdoor living. Move in now! Features List: EXTERIOR Elevated lot with east-facing backyard View-fence dropped to 26 for unobstructed views Soul-soothing vistas in all directions Fully enclosed front courtyard, spacious & shaded Side gate has electronic access Easy-care landscape Artificial turf in backyard New sculptural fan on covered patio (2024)

26205 S Beech Creek Drive Sun Lakes, AZ 85248

$599,000
3 Beds
2 Baths
1,971 SqFt
Status Active
MLS # 6763105
Property Type Single Family Residence
Price Type --
Step into a home where sophistication meets comfort. The custom-designed fireplace sets the tone in the expansive great room—perfect for both intimate gatherings and grand entertaining. This home is better than new, boasting brand-new floors and windows throughout, with meticulous attention to detail at every turn! The heart of the home, the gourmet kitchen, is a chef's dream. Featuring top-of-the-line KitchenAid and Bosch appliances, drawer microwave, dual ovens, induction cooktop, custom drawer organization for all your kitchen utensils, stunning custom quartz countertops, and a massive island that provides ample seating. The flat-panel European-style cabinets are sleek and modern, beautifully complemented by designer lighting. Retreat to the luxurious master suite, where relaxation awaits. The master bathroom boasts a bespoke vanity with a dedicated makeup area, a spacious walk-in shower with a bench, and no-step entry for ultimate convenience. The serene bedroom offers a peaceful view of the private backyard, perfect for unwinding after a long day. The open-concept living area flows seamlessly into a formal dining space, ideal for hosting dinner parties or family meals. Step outside to a backyard that's made for Arizona living. The newly epoxied patio is ready for you to enjoy cool winter evenings under the stars. This stunning home is an entertainer's dream and a peaceful retreat all in one. NEW ROOF AND AC! Don't miss your chance to own this beautifully reimagined property!

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