Should I Buy a House Now or Wait in Phoenix Arizona
Posted by Victor Huerta on Friday, October 14, 2022 at 1:30 PM
By Victor Huerta / October 14, 2022
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Should I Buy a House Now or Wait in Phoenix Arizona?
So I'm getting asked this question a lot, whether it's new construction or buying a resale home.
Victor, should I buy a house now, or should I wait here in Phoenix, Arizona?
So with that being said, I'm going to bring you some great info if you're on the fence as a homebuyer in Arizona and it's going to be a hard decision. I am not going to kid you.
It's a hard decision for you to purchase a house in Phoenix in this real estate market with these rates, with these home prices, but if you're on the fence and you're close to that line, I think these charts will clear some thoughts.
So, even though Arizona has a strong job market and low housing inventory vs. the population, these mortgage interest rates are making it very difficult for homebuyers to purchase a home in Phoenix, AZ, with the income earned yearly on their salary. Nevertheless, we are still onboarding new clients daily, from home sellers to home buyers.
Need The Truth?
$849,900
Neighborhood:
Pinewood Unit 16
4
Beds
2
Baths
2,662
Sq.Ft.
1995
Year Built
1
Day on Site
6612214
MLS
This SPACIOUS home offers the PERFECT BLEND of MOUNTAIN CHARM & MODERN COMFORT. With VAULTED tongue & groove WOOD CEILINGS AND a magnificent FLOOR-to-CEILING STONE FIREPLACE, with WHITE walls & WOOD...
RE/MAX Fine Properties
$650,000
Neighborhood:
Glenview
4
Beds
2F11/2
Baths
2,447
Sq.Ft.
1994
Year Built
1
Day on Site
6612215
MLS
Move right in and enjoy great mountain views, peaceful quiet set above large arroyo for privacy and nature. Well maintained, including 2 new Air Conditioners. The quiet cul-de-sac setting provides...
RE/MAX Fine Properties
$955,000
Neighborhood:
Solstice At Sevano
2
Beds
2F11/2
Baths
2,246
Sq.Ft.
2006
Year Built
1
Day on Site
6612216
MLS
SOLSTICE AT SEVANO Beautiful SINGLE LEVEL 2 bed plus den FLEX space, 2.5 bath, SPLIT PATIO HOME Perfectly positioned on a QUIET cul de sac PREMIUM LOT BACKING NAOS & WISPER ROCK GOLF COURSE. A...
Homesmart
$950,000
Neighborhood:
Scottsdale Highland Estates Lot 1-33 Tr A
4
Beds
2F11/2
Baths
2,501
Sq.Ft.
1990
Year Built
1
Day on Site
6612217
MLS
ONLY 33 CUSTOM HOMES ARE LOCATED IN THIS GATED SUDIVISION AND THIS HOME HAS BEEN UPDATED MAGNIFICENTLY THE PAST FEW YEARS INCL: NEW VINYL PLANK FLOORING IN GREAT ROOM/KITCHEN-8/2022, ALL STAINLESS...
Launch Powered By Compass
$1,150,000
Neighborhood:
Sedella Parcel 2C
4
Beds
4F11/2
Baths
4,347
Sq.Ft.
2021
Year Built
1
Day on Site
6612218
MLS
SELLERS SPENT OVER 140K IN UPGRADES AFTER CLOSING INCL. HEATED POOL& SPA, REMOTE PATIO SHADES,EXTRA B/I CABINETRY T/O,B/I ENTERTAINMENT SYSTEM,PLANTATION SHUTTERS,ELEC SHADES IN LR, LANDSCAPING IN...
Launch Powered By Compass
$1,100,000
Neighborhood:
Clearwater Farms Estates
5
Beds
4F11/2
Baths
3,571
Sq.Ft.
2007
Year Built
1
Day on Site
6612220
MLS
Absolutely Stunning 1AC- Home: This 5 bedroom 4.5 bath wonderfully updated home with a versatile floor plan, 2 Master Bedrooms and has high ceilings. The kitchen has been updated, custom...
West Usa Realty
$699,900
Neighborhood:
Estrella Parcel 9.22 And 9.24 A&B
5
Beds
3
Baths
2,778
Sq.Ft.
2022
Year Built
1
Day on Site
6612221
MLS
Welcome to your dream home located in Estrella Mtn Ranch! This stunning 5-bd, 3-ba house is a true gem that offers ample space & an array of luxurious features. As you step inside, you'll be greeted...
RE/MAX Professionals
$595,000
Neighborhood:
Leisure World Plat 15 Lots 1405 Thru 1512 1515 Thr
2
Beds
2
Baths
1,686
Sq.Ft.
1982
Year Built
1
Day on Site
6612233
MLS
Gorgeous Newly Remodeled Golf Course & Mountain view Home located on #3 of Coyote Run Course. This beautiful 2 bedroom, 2 bath, 2 Car garage Single Family Home is in the heart of Leisure World. The...
RE/MAX Classic
$1,089,000
Neighborhood:
Pebblecreek Phase 2 Unit 26
2
Beds
2F11/2
Baths
2,810
Sq.Ft.
2004
Year Built
1
Day on Site
6612231
MLS
LOCATION!LOCATION!LOCATION! Home over looks the 11th green of the East course! Enjoy watching the golfers as they work on their putting skills. The views are fantastic! Great entertaining East facing...
Realty One Group
$525,000
Neighborhood:
Superstition Springs Parcel 27
3
Beds
2
Baths
1,816
Sq.Ft.
1995
Year Built
1
Day on Site
6612227
MLS
Step into luxury & comfort at 6929 E. Medina in the coveted Superstition Springs neighborhood. This meticulously upgraded home offers a lifestyle of convenience & style. Addition of upgraded stone on...
Superlative Realty
$625,000
Neighborhood:
Springfield Lakes Block 5
3
Beds
2
Baths
2,185
Sq.Ft.
2004
Year Built
1
Day on Site
6612230
MLS
Amazing Split Master Floor p[an Backs to 3rd Tee at the Lone Tree Golf Course in Incredible Gated 55+ Solera Golf Club. Custom wall of built-ins in Great Room, Upgraded Oak Cabinets throughout, loads...
Keller Williams Integrity First
$460,000
Neighborhood:
Continental At Superstition Springs
3
Beds
2
Baths
1,521
Sq.Ft.
1994
Year Built
1
Day on Site
6612236
MLS
** Rare Find in Superstition Springs with no Neighbor Behind ! Home is Move in Ready ! Great Flow from Kitchen to Family Room ! Pool to cool off & Relax in ! Tile Flooring T/O, neutral Paint, 2...
Frank Renner Realty
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