If you’ve been thinking about buying a golf course home for sale in Scottsdale, now’s a great time to jump into the market. This guide covers five big reasons you may want to buy sooner rather than later.
5 Reasons Now is the Perfect Time to Buy a Golf Course Home in Scottsdale
Check out these five reasons that now is the perfect time to buy a golf course home in Scottsdale:
- The market is shifting in favor of buyers
- Interest rates are still relatively low
- Real estate tends to appreciate in value
- Golf course homes in Scottsdale are highly desirable
- A home is more than a place to live – it’s an investment
Here’s a closer look at each.
Reason #1 to Buy a Golf Course Home in Scottsdale Now: The Market is Shifting in Favor of Buyers
Though we’ve been in a pretty significant seller’s market for quite some time, things are cooling off – and that means buyers may have more of an edge now than they did even a few months ago. There are two terms to describe the way a real estate market is going: it may be a buyer’s market or it may be a seller’s market.
The term buyer’s market refers to conditions that work in buyers’ favor. For example, there are more homes on the market than there are buyers searching for them. This results in properties staying on the market longer and sellers being more flexible on price.
The term seller’s market refers to conditions such as more buyers looking for homes than there are properties available. This often happens in areas with strong job growth or other desirable factors. Sellers in a seller’s market may be able to command a higher price for their home and may be less likely to negotiate on things like repairs or closing costs.
Right now, we’re seeing a shift from a seller’s market to more of a buyer’s market. This is good news for anyone who has been thinking about buying a golf course home in Scottsdale.
Related: 5 great golf communities in Northwest Scottsdale
Reason #2 to Buy a Golf Course Home in Scottsdale Now: Interest Rates Are Still Low
While interest rates have been slowly ticking up, they’re still relatively low – and that means your monthly mortgage payments will be lower than they would if rates were higher. Of course, interest rates are just one factor to consider when you’re trying to calculate what you can afford – but they’re an important one. If you’re thinking about buying a golf course home in Scottsdale and want to get the best deal possible, paying attention to interest rates is a smart move.
Reason #3 to Buy a Golf Course Home in Scottsdale Now: Real Estate Tends to Appreciate in Value
Real estate is an investment, and like any investment, there’s always some risk involved. But over the long term, real estate has historically appreciated in value. That means that if you buy a golf course home in Scottsdale today, it’s likely to be worth more in the future.
Of course, there’s no guarantee that your home will appreciate in value – but if you’re looking at real estate as an investment, this is definitely something to keep in mind. And even if your home doesn’t appreciate in value, you’ll still have a place to live that you can enjoy.
Related: 5 things to do before you close on your new home
Reason #4 to Buy a Golf Course Home in Scottsdale Now: Golf Course Homes in Scottsdale are Highly Desirable
Golf course homes in Scottsdale are highly desirable – and that means they tend to hold their value well. If you’re looking for a home that you can enjoy now and that will also be a good investment down the road, a golf course home in Scottsdale is a great option.
Reason #5 to Buy a Golf Course Home in Scottsdale Now: A Home is More Than a Place to Live – It’s an Investment
When you buy a home, you’re not just buying a place to live – you’re also making an investment. And in today’s market, now is a great time to invest in real estate. Again, there’s no guarantee that a particular home will appreciate in value, but as a general rule, most real estate properties do so.
Related: 3 brand-new stores to check out in Scottsdale
Are You Buying a Golf Course Home for Sale in Scottsdale?
If you’re selling your home and buying another one, call us at 602-694-3200 or fill out the form below to talk to a REALTOR now.
While you’re here, you can also check out:
- Anthem homes for sale
- Desert Highlands homes for sale
- Dove Valley Ranch homes for sale
- FireRock homes for sale
- Kierland homes for sale
- McDowell Mountain Ranch homes for sale
- Red Mountain Ranch homes for sale
- Scottsdale Country Club homes for sale
- Silverleaf homes for sale
- Tonto Verde homes for sale
- Whisper Rock homes for sale
REALTOR® | Founder
The Matheson Team – RE/MAX Fine Pro
21020 N. Pima Road, Scottsdale, AZ 85255