Is this the month the Fed is going to finally make that anticipated rate cut? Mortgage rates are certainly acting like it is with the 30-year mortgage rate falling to 6.35%, the lowest level since October 2024. This was the eighth consecutive week of steady or declining rates.
This consistent downward trend has spurred borrower demand as applications are up 9.2% overall from the week ending September 5. This drop below 6.5% seems to be having an important psychological effect on buyers.
Recent weak jobs reports and a significant downward revision of labor market figures will certainly be data points that will offset the inflation numbers that have the most recent CPI in August reading at 2.9%, up from 2.7% in June and July and the highest reading since January.
The jobs data has led to speculation that not only will the Fed almost certainly cut short-term interest rates next week, but it may look to making cuts at each of its three remaining meetings this year. Will that lead to even lower mortgage rates? Not likely much lower as mortgage rates are tied much closer to the 10-year treasury rate which have remained stubbornly high. But it would signal to buyers that rates have stabilized and likely will not start heading higher, hopefully increasing buyer confidence and activity.
The Kolb Team is here to help with all your real estate questions and needs, no matter what the market is doing.
The Kolb Team
Equity
- Equity is a financial term that conveys the value of your ownership of an asset (such as your house).
- Your equity in your home is equal to its current fair market value minus your outstanding mortgage and any other debts tied to the property.
- Homeowners have several options for accessing their home equity, including selling the home, taking out a loan (home equity loan, home equity line of credit), or opting for a no-loan home equity agreement.
10061 E Coopers Hawk
Offered in the Prestigious Oakwood Country Club Community and has curb appeal galore! Welcome to this beautifully updated 2-bed, 2-bath + den Sienna model home in the highly sought-after active adult resort community of Oakwood CC in Sun Lakes, AZ. From the moment you arrive, you'll be impressed by the new stone façade, paver driveway, and custom water feature that set the tone for this inviting and stylish retreat.
Step inside to find gorgeous new bamboo flooring that flows throughout the expansive great room, den, and bedrooms. The heart of the home is the stunning eat-in kitchen, boasting granite countertops, stainless steel appliances, a breakfast bar, large island, and ample cabinetry – a true chef's dream. The huge primary suite offers a serene escape with a massive walk-in closet, dual sinks, and a luxurious walk-in shower. The coffered ceilings in the great room and dining area elevate the elegance and provide a seamless view of your spa-like backyard retreat.
Out back, unwind in your built-in spa, entertain around the firepit, or simply relax to the sound of the custom water feature. The new paver patio is ideal for Arizona evenings under the stars. Enjoy all that IronOaks has to offer like golf, pickleball, tennis, pools, live entertainment, restaurants, bars, dancing, and more, all just minutes from your door. This home has it all. Don't miss your chance to live the luxury resort lifestyle in one of Sun Lakes' premier communities!
Recipe of the Month
Zucchini Patties
Ingredients:
- 2 c zucchini, grated
- 2 large eggs, beaten
- ½ c all-purpose flour
- ½ c grated Parmesan cheese
- ½ c shredded mozzarella cheese
- ¼ c onion, chopped
- salt to taste
- 2 Tbsp vegetable oil
Directions
- Place grated zucchini in a clean kitchen towel or paper towels and squeeze it tightly with your hands to remove excess water.
- Place drained zucchini in a medium bowl; add eggs, flour, Parmesan cheese, mozzarella cheese, onion, and salt. Stir until well combined.
- Heat oil in a skillet over medium-high heat.
- Scoop tablespoonfuls of zucchini mixture into hot oil and fry, working in batches, until crisp and golden brown, about 2 minutes per side.
Fall Shred-A-Thon
Saturday, November 1, 2025
8-10 AM
Sun Lakes Softball Field of Dreams
Aging Made Easier Conference
Tuesday, January 27, 2026
8:30AM – 12PM
Risen Savior Lutheran Church
23620 S. Alma School Road
Chandler, AZ 85248.
We Were Voted Next Door Favorite!
See our Featured Listings
NEW! Check out our new Townsites page. A page dedicated to Sun Lakes Arizona Living! See what’s happening around Sun Lakes and Chandler: https://sunlakesarizonaliving.com/?tour=on
Hey, Honey! You’re so sweet!
Well, all of you are (We love our clients!) but we’re going to discuss a different type of honey, because September is National Honey Month! The golden elixir is such a versatile substance, used as a natural sweetener in food and drinks and a powerful ingredient in beauty routines.
This time of the year, honeybees are preparing for winter, which means the human honey harvesters are busy bees extracting it all for us, along with the honeycomb. Have you ever tried eating honeycomb? It’s very chewy and reminiscent of the candy made from little wax bottles with sweet liquid inside.
That trait comes from a layer of wax that envelops the honeycomb, which can also be chewed instead of gum. Quite an experience! Let’s learn a bit more about honey, so next month when we share 21 ways you can use honey in your daily life, you’ll be able to “wax” poetic about it to your “honey” – see what we did there?
Humans have incorporated honey into their lives since forever ago, proven by honey fossils that were discovered and dated, revealing they were at least 150 million years old. Cave paintings in Spain from about 8000 years ago show humans eating it. The Mayans attributed magical properties to honey.
Here are seven facts to know about honey:
- Worldwide, over 300 types of honey are recognized, but potentially thousands exist when taking into account unique combinations of nectar sources from various seasons and locations. Color, flavor, and aroma is determined by the flowers the bees collect nectar from.
- In the United States, there are almost 50 different kinds of honey.
- The country of Georgia boasts some of the oldest honey ever unearthed, clocking in at about 5500 years old.
- Honey is most commonly found in a variety of colors, including red, yellow, clear, and brown, and the shade of each color can vary (such as amber and gold).
- Did you know purple honey exists? Apparently, it is only found in the southern United States (primarily North Carolina) and is widely believed to be made by the bees using kudzu flowers, elderberries, or huckleberries.
- A single honeybee can only produce about 1/12 of a teaspoon over its life span.
- One-quart jars (32 ounces) of honey are a common find in farmers’ markets. It takes the lifetimes of approximately 23,000 bees to produce 32 ounces of honey. This yield can vary and may be as much as 55 ounces.
We hope you enjoyed learning more about honey, and we wish you a happy National Honey Month! We can hardly wait for next month’s article on how you can use honey, so be sure to pick some up at your favorite store or farmer’s market!
“Having worked directly with the Kolb Team on the purchase of two homes in sun Lakes we have found them to be exceptional in their communication and their knowledge of the area. They were extremely helpful and paid attention to the needs of the buyer and the seller. I highly recommend them!”
Hatzenberger
Searching for That Perfect Home?
When looking at pictures online, it can be tricky to figure out the layout of a home. We can help you with that! On our website, you can access the most popular floor plans in Sun Lakes, AZ. Just click the button below!
Vendor of the Month: Sonoran Senior Placement
When the time comes that you or a loved one can no longer live at home, Sonoran Senior Placement is available to walk you through the stressful process. It can be overwhelming trying to sort through all the options, but they make that easier by narrowing the choices to the most appropriate settings, performing personalized service that tailored to your specific needs.
For more information, call 480.447.5787, send an email, or visit their website.
Recent Real Estate Sales in Sun Lakes
Wondering about your Neighbor’s Home Sales Price? Find out here to see what sold last month. The report is broken down by HOA, address, and floor plan (if the agent listed the model in MLS).
We Are Proud Supporters of Neighbors Who Care!
Neighbors Who Care strives to improve seniors' lives by promoting independence, dignity, and community.
Support for Neighbors Who Care is sourced mostly from individual donations from the community.
Consider joining our volunteer corps and meet some of the nicest people around who also are among the most appreciative people we know.
Would You Like a Free Buyer Guide or a Seller Guide?
Get Insider Information
We live, work, play, and volunteer in Sun Lakes and we know the ins and outs of this community.
As always, if you or someone you know is considering buying or selling a home,
we are here year-round and would love to help! Visit us online at
TheKolbTeam.com or call 480-809-5759.
