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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3281 N Eagles Creek Drive Show Low, AZ 85901

$595,000
3 Beds
2 Baths
1,737 SqFt
Status Active
MLS # 6751334
Property Type Single Family Residence
Price Type --
Nestled in a tranquil neighborhood, this beautiful home offers a perfect blend of comfort, style, and convenience. As you step inside, you are greeted by a spacious and open floor plan that seamlessly combines modern design with a warm and welcoming ambiance. The well-appointed kitchen is a chef's dream, featuring sleek countertops, ample cabinet space, and state-of-the-art appliances. Whether you're hosting a family gathering or enjoying a quiet meal, this kitchen is sure to impress. The living area is thoughtfully designed with a focus on both relaxation and entertainment. The generous windows fill the space with natural light, creating an inviting atmosphere for both residents and guests. Spend cozy evenings by the fireplace, creating cherished memories or unwind on lazy afternoons while enjoying your favorite book. The bedrooms are generously sized, providing a peaceful sanctuary for rest and relaxation. The master suite is a true retreat, boasting a private ensuite bathroom and ample closet space. Wake up rejuvenated and ready to take on the day in this luxurious haven. Step outside to discover a covered deck, perfect for hosting outdoor gatherings or simply enjoying the fresh air. Whether you're entertaining guests or savoring a quiet moment, the spacious deck offers a delightful space for relaxation and enjoyment. Create lasting memories as you gather around the fire pit, roast marshmallows, and share stories under the starry night sky. Located in the desirable city of Show Low, this home provides convenient access to a wealth of amenities. Explore the nearby parks, indulge in local dining, or take advantage of the recreational opportunities available in the area. With its picturesque surroundings and welcoming community, Show Low offers a quality of life that is second to none. Don't miss out on the opportunity to make 3281 N Eagles Creek Drive your forever home. Embrace a lifestyle of comfort, elegance, and convenience in this remarkable property.

2136 W Village Drive Phoenix, AZ 85023

$595,000
4 Beds
3 Baths
2,757 SqFt
Status Active
MLS # 6751243
Property Type Single Family Residence
Price Type --
This inviting 4-bedroom, 3-bath residence is the one you've been searching for! Every inch of this home has been thoughtfully remodeled, offering 2,750 square feet of stylish interior living space. The spacious family room features exposed beams, an inviting stone fireplace, and double sliding doors that open to the recently updated backyard. The sleek kitchen boasts quartz counters, abundant shaker cabinets, stainless steel appliances, a walk-in pantry, and a convenient breakfast bar. The main bedroom includes a modern ensuite bathroom. Step outside to the welcoming backyard, perfect for outdoor entertaining. It includes a 10' x 20' pergola, lighted cornhole, and spaces devoted to both dining and a firepit all surrounded by low-maintenance artificial turf. Additionally, a 560 sq ft air-conditioned and heated detached bonus building awaits, ready to serve as a home office, gym, or hobby space. Make this gem yours today!

1109 W Georgia Avenue Phoenix, AZ 85013

$595,000
3 Beds
2 Baths
1,532 SqFt
Status Active
MLS # 6751808
Property Type Single Family Residence
Price Type --
REMODELED with Incredible Curb Appeal! NO HOA - RV Gate! No expense was spared on this uptown remodel opnly 3 years ago. Exterior features 3 yeras new on all..new stucco, new artifcial turf, new pavers, new roof, new ac unit, new windows, new garage door, new tankless water heater. As you enter, the living area has been opened up to the kitchen w/ white shaker cabinets, quartz countertops, Bedrosians backsplash, and high end stainless appliances. Off the kitchen is a nice sized laundry room and garage access. Out the back door is a huge covered patio that spans the width of the house. Down the hallway is guest bathroom with tiled shower and a dual vanity for both bedrooms to share. Master features an oversized shower with dual shower heads. Your AZ Uptown living is available to you N

4344 E Granada Road Phoenix, AZ 85008

$595,000
3 Beds
2.5 Baths
2,108 SqFt
Status Active
MLS # 6754410
Property Type Townhouse
Price Type --
This home is a must see! Well appointed townhouse in gated community in high demand area. Built in 2022 by D.R. Horton. Incredible location, just a 10 minute Uber to Sky Harbor Airport. Easy freeway access and close to everything Arcadia, Biltmore, Tempe, Scottsdale and Downtown Phoenix have to offer. 70 walk score and 89 bike score! This is a spacious home with a large loft. It's the largest model offered in the community at 2108 sq ft, featuring 3 bedrooms, 2.5 bathrooms, office and a loft. Tall 10' ceilings and 8' doors. 2 car private garage. Only 2 doors away from a nice community pool. Makes an excellent ''lock and leave'' house with the gated entrance and low maintenance backyard landscaping (artificial turf and pavers)

3230 E Woodside Way Gilbert, AZ 85297

$595,000
4 Beds
3 Baths
2,166 SqFt
Status Active
MLS # 6756120
Property Type Single Family Residence
Price Type --
CORNER LOT in beautiful Santan Ranch. This community is full of beautiful parks and walking trails and located just 10 min from Mesa Gateway Airport and only 1.5 miles north of Gilbert Regional Park! This home offers stunning high vaulted ceilings that allow in our beautiful Arizona light! But is also equipt with new sun shades for the windows to keep it cool. Enjoy your open plan, modern living space with new floors and appliances as of 2023. You'll be able to enjoy 3 spacious bedrooms upstairs and a bedroom and full bath on the main floor as well. Your stunning back yard will feel nice and open on the corner lot. This yard has all new landscaping and a new pool pump as of late 2023. Come check this beauty out today! We can't wait to have you!

514 E Orion Street Tempe, AZ 85283

$595,000
3 Beds
2 Baths
2,032 SqFt
Status Active
MLS # 6767891
Property Type Single Family Residence
Price Type --
Brand New Full remodel! 3-bedroom, 2-bath home in the desirable Tempe area with a private pool! This property features a brand new kitchen with a huge kitchen island that will keep everyone in together, perfect for casual dining or entertaining guests. All of the ceilings have been raised with new flush mount LED ceiling lights, Brand new doors and hardware, Brand New Windows, Brand New bathrooms with New vanities! The additional extension of the back of the house with a corner made of glass keeps you cool while enjoying full view of those in the pool! The outdoor space boasts beautifully updated low water landscaping, providing a serene setting for relaxation by the pool. Keep your cars out of the heat with the two car garage. It also has a very large laundry/craft room. Don't miss out

5110 W Saddle Mountain Trail San Tan Valley, AZ 85144

$595,000
4 Beds
3 Baths
2,400 SqFt
Status Active Under Contract
MLS # 6697967
Property Type Single Family Residence
Price Type --
Seize a unique business opportunity with this extraordinary round home, tailor-made for hosting yoga retreats and wellness experiences. Nestled between the San Tan and Superstition Mountains, this architectural masterpiece offers over an acre of private land, free from HOA restrictions—ideal for creating a peaceful, exclusive retreat. The wrap-around windows and newly built $30k deck provide breathtaking mountain views, perfect for outdoor yoga sessions and meditation. After a day of wellness activities, guests can unwind in the hot tub beneath a star-filled sky. With a modern kitchen, renovated bathrooms, and ample space for RVs, boats, or even horses, this property offers endless potential for entrepreneurs looking to build a profitable, wellness-focused retreat business. Come Say Yes!

5422 W Parsons Road Phoenix, AZ 85083

$595,000
4 Beds
3 Baths
2,446 SqFt
Status Active Under Contract
MLS # 6769005
Property Type Single Family Residence
Price Type --
PRICE ADJUSTMENT! This home is minutes to the 17 and 101, near highly rated DV schools and GCC North, and surrounded by walking paths and recreation areas. With 3 bedrooms upstairs and a mother-in-law suite/office downstairs, this appealing home also has abundant storage. Note the soaring ceiling as you enter. Continue to the great room where the beautiful kitchen is the focal point. Appreciate the staggered cabinets with pullouts, tiled backsplash, and newer appliances as you sip your coffee at the breakfast bar. The upstairs pops with color! The huge primary suite has 2 walk-in closets, separate tub and shower, and is nicely separated from the other bedrooms by the upstairs laundry. Low-maintenance backyard has a spa and ramada, and room for a pool.

1540 W Straford Avenue Gilbert, AZ 85233

$595,000
4 Beds
2.5 Baths
2,518 SqFt
Status Active Under Contract
MLS # 6718578
Property Type Single Family Residence
Price Type --
Step into this fantastic single-level home, ideally positioned next to a serene community greenbelt and nestled at the end of a cul-de-sac. Expanding across four spacious bedrooms, with an additional area flexibly designed to serve as a game room, fifth bedroom, or your dream home office, this home suits all your needs. Freshly painted interior invites you to personalize every corner, making it truly your own. The heart of the home, an open-concept kitchen features a generous island, and an abundance of cabinets it flows seamlessly into the living area complete with a fireplace. Gather in the formal dining room for meals or the eat in kitchen for a less formal option. The primary bedroom is an escape featuring a walk-in closet with great closet organizer and an en-suite that makes unwinding a must with a soaking tub and separate shower. This home offers a huge laundry room with ample storage and sink. Step outside to a backyard built for entertainers: covered patio, built-in barbecue, and just enough grass to tickle your toes. Conveniently located near the community pool, schools, parks, and shopping. Get ready to tick all your boxes here!

5161 N Scottsdale Road Eloy, AZ 85131

$595,000
3 Beds
3 Baths
2,249 SqFt
Status Active
MLS # 6666215
Property Type Single Family Residence
Price Type --
Ideally located within the Robson Ranch golf course community, this CALABRIA model boasts an upgraded private entrance & courtyard complete w/ a tranquil pond & gas fireplace, a serene space complete w/ a charming guest casita. Integra-Block construction, new A/C unit, 4 ft. garage extension w/ cabinet built-in & ample attic storage. INTERIOR FEATURES: Extended bedroom nooks, plantation shutters, mood lighting, hardwood flooring throughout den, hallways, living room. Gas appliances. EXTERIOR FEATURES: Outdoor kitchen, BBQ, misting system, covered & enclosed patio, hot tub off master, gas firepits, pond w/ footbridge, separate garden enclosure area with grape vines & citrus trees. Owner/agent.

6812 W Firebird Drive Glendale, AZ 85308

$595,000
4 Beds
3 Baths
2,328 SqFt
Status Active
MLS # 6753607
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the coveted Arrowhead Ranch - Sierra Verde community! This stunning property offers 4 bedrooms + 3 bathrooms, all situated on a desirable corner lot that ensures added privacy. Step inside, you'll be greeted by soaring vaulted ceilings + a well-designed N/S exposure that bathes the home in natural light. Beautiful luxury vinyl flooring throughout (no carpet). The chef's kitchen boasts updated cabinets, ample counter space, + an ideal layout for entertaining guests. The primary bedroom offers high ceilings + a luxurious ensuite bath w/ 2 walk-in closets, separate soaking tub/shower, + dual sinks. The backyard is a private oasis with an extended covered patio, mature trees, and a grassy area. Enjoy lakes, trails, parks, dining, and shopping just steps away!

5726 E Jacaranda Street Mesa, AZ 85205

$595,000
4 Beds
3 Baths
2,088 SqFt
Status Active
MLS # 6722402
Property Type Single Family Residence
Price Type --
**SELLER CREDIT OF $10,000 TO BUYER FOR CLOSING COSTS ** Your new home in Alta Mesa Golf Community has NEW exterior paint, NEW FLOORING through out, newly refinished cabinets in kitchen & bathrooms w/ new hardware, newly installed recessed lighting in kitchen & living room. This is a FANTASTIC FLOORPLAN w/ no interior steps. This well maintained 4 Bedroom/3 Bath single level home has a split master and 2 En-suites. You'll love the spacious eat-in kitchen, walk in pantry and vaulted ceilings in living & family rooms. Entertain your guests, or enjoy your morning coffee in the private backyard with mature shade trees & covered patio. The 3-CAR GARAGE, provides plenty of space for cars and toys. All appliances convey. Close to restaurants, shopping, Boeing & Falcon Field and 202 Freeway

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