Buyers Are Searching For Your House

Buyers Are Searching For Your House | Simplifying The Market

The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the best year for sales in a decade.

The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed.

According to NAR’s Chief Economist, Lawrence Yun,

Pending sales bounded last month as enough buyers fended off rising mortgage rates and alarmingly low inventory levels to sign a contract.

So, what’s the problem?

Buyers are searching for existing homes, but supply is not keeping up with their demand!

Yun went on to explain,

The main storyline in the early months of 2017 will be if supply can meaningfully increase to keep price growth at a moderate enough level for households to absorb higher borrowing cost. Sales will struggle to build on last year’s strong pace if inventory conditions don’t improve.” (emphasis added)

Bottom Line

Buyers are out in force right now! If you are considering selling your home this year, the early months of 2017 will be your best option. Let’s get together to discuss how you can capitalize on current market conditions.  J.P. Cook – 602-320-4253.

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7181 E Camelback Road Unit 904 Scottsdale, AZ 85251

$3,495,000
3 Beds
3.5 Baths
2,975 SqFt
Status Active
MLS # 6811364
Property Type Apartment
Price Type --
Welcome to your dream penthouse - this stunning 3 bedroom residence defines luxury and sophistication with panoramic city and mountain views. Situated atop one of Scottsdale's most coveted buildings, this gem in the sky is situated on the NE Corner of the 9th floor providing sweeping views from 2 separate balconies! The spacious split floor plan provides small sanctuaries within this stunning retreat. Exclusive amenities include a fitness center, rooftop pool, clubhouse, dedicated concierge and valet, all set in a beautifully landscaped grounds. Located just steps away from the best dining, shopping and entertainment Scottsdale has to offer. This residence perfectly blends serene living with vibrant urban experiences.

6529 E Camino De Los Ranchos Street Scottsdale, AZ 85254

$3,495,000
5 Beds
3 Baths
2,898 SqFt
Status Active
MLS # 6813440
Property Type Single Family Residence
Price Type --
This property located in a prime location near Scottsdale Quarter, Kierland Commons and Old Town Scottsdale in a 60's/70's neighborhood and boasts distinctive features and an unparalleled charm that sets it apart from the rest. Sure to attract buyers who are looking for something special. 2017 renovation. 2898 SQFT. 5bed/3bath 2 car garage. Lagoon oasis style pool. No HOA. This home is currently thriving as a successful vacation rental. Walking distance to fine dining and shopping (1.4 miles). AMENITIES: Award-Winning Illuminated Custom Steel Cage Entry Custom Glass and Wood Front door Interior/Exterior Natural Silver Quartzite Flagstone 196 Ficus Trees Mature Landscaping 12' High Custom Board-Form Curved Concrete Wall Custom Concrete Gas Firepit Custom Lagoon Style Pool with Large Shelf and Water Feature Full Backyard Misting System - Remote Controlled Custom Concrete Fireplace/TV Surround Gas Interior Fireplace - Remote Controlled 13' Custom Illuminated White Concrete Kitchen Island Custom Concrete Floating Bathroom Sinks Stone Wall Cladded Showers/Rain Showers Illuminated Bathroom Mirrors/Medicine Cabinets Custom Concrete Kitchen Countertop Custom Cabinetry Through-Out Custom Cabinet Drawer Pulls Wolf Convection Steam Oven Wolf Built-in Induction Cooktop Wolf Microwave Drawer Oven Wolf E' Series Oven Sub-Zero Fridge/Freezer Sub-Zero Wine Storage Custom Pocket Door Systems Black-Out Curtains - Two Bedrooms Remote Controlled Roller Shades - Dining Room Tempered Low E3 w/Argon Windows/Doors Custom 6' High Front Entry Block Wall Enclosure Custom Concrete Board-Form Exterior Walls Custom Concrete Board-Form Mailbox Custom Hot-Rolled Steel Motorized Driveway Gate Custom Hot-Rolled Steel Gates - Side and Front Custom Exposed Aggregate Concrete Driveway/Pathways Jandy Pool Equipment In-Floor Pop-Up Pool Cleaning System Polaris FREEDOM Cordless Robotic Pool Cleaner Tankless Water Heater Reverse Osmosis System Soft-Water System 4 Speed Queen Washer/Dryer Sets 2 Nest Thermostats 2 HVAC Units Roof Warranty Spray Foam Insulation myQ Smart Garage Garage Storage Cabinets Garage Expoxy Flooring Scent Machine System Trash Enclosure

12365 E Gold Dust Avenue Scottsdale, AZ 85259

$3,495,000
5 Beds
5.5 Baths
4,981 SqFt
Status Active Under Contract
MLS # 6820823
Property Type Single Family Residence
Price Type --
The Gold Dust House. Discover the pinnacle of luxury living in Emerald Hills. This single-level estate was designed for entertainment and elegance. This home sits on over 3/4 of an acre, it offers a backyard oasis with a phenomenal pool and spa, cabana, fire feature, putting green, and spacious covered patios. Sliding walls of glass for seamless indoor-outdoor living. Light and open layout. Single level, no steps. Gourmet kitchen with high-end Wolf and JennAir appliances, double island and two butler's pantries. Large primary suite. Guest casita with a full kitchen and bath. Located near golfing, scenic hiking and biking trails, MAYO Clinic, Honor Health, BASIS, and top-rated Scottsdale schools. This residence offers the perfect balance of luxury, privacy, and sophistication.

24548 N 121st Place Scottsdale, AZ 85255

$3,495,000
6 Beds
5.5 Baths
5,806 SqFt
Status Active
MLS # 6824602
Property Type Single Family Residence
Price Type --
Stunning views from your home or backyard on a prime cul-de-sac lot that is almost 1.3 acres in north Scottsdale. Home features an approximate 700 square foot guest house, gated community, private pool, spa, remodeled kitchen, soaring ceilings, primary bedroom with fireplace & sitting area, three car garage, six bedrooms and 5.5 bathrooms, office & resort style backyard with a large covered back patio.

26475 N 106th Way Scottsdale, AZ 85255

$3,495,000
4 Beds
3.5 Baths
4,710 SqFt
Status Active
MLS # 6806120
Property Type Single Family Residence
Price Type --
Perched on an elevated cul-de-sac lot within the guarded gates of Troon Golf and Country Club, this custom home built in 2020 by Neidhart Enterprises offers an unmatched combination of luxury, comfort, and modern living. With panoramic views of Troon Mountain and Pinnacle Peak, the residence is thoughtfully designed to showcase its stunning surroundings while providing a serene retreat. This home features a versatile layout with 4 bedrooms, an office, a den, a bonus/gym space, and 3.5 baths. The interior boasts soaring 14' ceilings in the main living areas, a custom limestone fireplace, and oversized bifold French doors that seamlessly connect to the outdoors. The gourmet kitchen is a chef's dream, complete with Thermador stainless steel appliances, custom Woodcase maple cabinetry, a leathered granite island, built-in coffee maker in the coffee bar and a butler's pantry with a dual-zone wine fridge and LED lighting. The adjacent formal dining room is flanked by a temperature controlled 700-bottle wine room. The primary suite is a private oasis with pool access, a secluded patio, and a spa-inspired bathroom featuring dual vanities, a freestanding soaking tub, an oversized rain shower, and his-and-hers custom walk-in closets. An attached casita with a private entrance offers additional flexibility, including a living room with a kitchenette, an en suite bedroom, and spectacular views of Pinnacle Peak. Entertaining is effortless with a resort-style backyard that includes a Pebble Sheen saltwater pool with a Baja shelf, swim-up bar, and customizable LED lighting. A sunken ramada is outfitted with a gas barbecue, a wood-fired pizza oven, and a TV lift, while multiple fire features and a rooftop viewing deck with city light views provide endless opportunities for gatherings. The outdoor spaces are beautifully finished with travertine patios, privacy landscaping, and raised garden beds. Modern technology elevates this home, with a Savant Smart Home Automation System, multi-zone Araknis Wi-Fi, and pre-wired TV ports throughout. Additional highlights include a large laundry with doggie wash/shower, hot water recirculating loop, motorized roman shades, a post-tension slab, spray foam insulation, a whole-house water softener, three 5-ton AC units, and an oversized 3-car garage with epoxy floors, a Tesla charger, and custom storage. Recently repainted with elastomeric paint in 2024, the home is impeccably maintained. This exceptional residence in Troon Village offers luxurious living in a breathtaking desert setting, with access to world-class golf, dining, and amenities. Don't miss this opportunity to own your piece of paradise!

9378 E Sundance Trail Scottsdale, AZ 85262

$3,490,000
4 Beds
4.5 Baths
5,166 SqFt
Status Active
MLS # 6789276
Property Type Single Family Residence
Price Type --
Desert Oasis Privately Situated on 1.15 Acre Corner Lot. Remodeled in 2022 with Designer Finishes Throughout. Comfortably Entertain Effortlessly with Formal Living, Dining and the Private Outdoor Living Areas. Beautifully Expanded Kitchen with Fisher & Paykel Appliance Package, Oversized Island Overlooks the Family Room with Fireplace and Casual Dining. Primary Suite Thoughtfully Designed with Sitting Room and Dual Fireplace that leads into the Tranquil Bath with Soaking Tub, Massive Walkin Shower, Walkin Closet and Bonus Room. Additionally, Three Spacious En-suite Guest Bedrooms, Office/Study with Fireplace & Built in Bookshelves and a Huge Laundry/Craft Room Compliment this Functional Floorplan. Four Car Garage with Builtin Cabinetry. Panoramic views from ROOFTOP Deck.

4333 E Mcdonald Drive Phoenix, AZ 85018

$3,489,000
4 Beds
6 Baths
6,708 SqFt
Status Active
MLS # 6768639
Property Type Single Family Residence
Price Type --
MOTIVATED SELLER Unbelievably beautiful Camelback Views from the front courtyard, kitchen, family room, back yard and upper rooms. Beautiful renovations from 2021-2024. The Chefs kitchen and extended island is situated perfectly in the center of the home overlooking the stunning Camelback Mountain Views. The entrance of the room is breathtaking, with high ceilings, incredibly open concept and a dream for entertaining. The home offers 4 large bedrooms with ensuites in each room, large walk-in closets in each room, an over sized game room/theater room/or second family room. This home has everything you need and more. With newly renovated bathrooms, new electric wiring, new plumbing, and much more. This is a must see, you will be overwhelmed with the gorgeous views and space.

10336 E Chia Way Scottsdale, AZ 85262

$3,485,000
3 Beds
3.5 Baths
3,422 SqFt
Status Active
MLS # 6792624
Property Type Single Family Residence
Price Type --
GOLF MEMBERSHIP AVAILABLE.. January Completion, New Mortensen Signature Home. .25 mile walk to the Stunning Desert Mtn. Sonoran exercise facility with Pickle Ball, Bocci Ball, Tennis, multiple pools, spa's and the casual eatery Cafe Verde. Cul-de-sac location, wide open north west mountain views from your great room kitchen overlooking your private sparkling pebble tec pool and spa. High end kitchen appliances, extra roomy tall ceilings and wide hallways, extensive use of glass throughout including your oversize 3 car garage with epoxy floors. Beautiful landscape from front to rear including shrubs, trees and pots all on a drip system perfect for lock and leave. Multiple sliding glass doors to rear pool/spa spaces, BBQ, covered outdoor patio. Whole home furniture packages available.

7552 E Whisper Rock Trail Scottsdale, AZ 85266

$3,480,000
4 Beds
5 Baths
6,227 SqFt
Status Active
MLS # 6788251
Property Type Single Family Residence
Price Type --
Stunning 4 Bed+Den, 5 Bath,Custom Home Located on Premium Acre Lot,Crafted By Architect Lee Hutchinson & Home Builder Phil Smith,Located in Guard & Gated Community of Whisper Rock Estates, Elegant Kitchen w/Alder Wood Cabinets & Granite Countertops,Gas Cook Top, Double Wall Oven, Built-In Refrigerator, Kitchen Island w/Breakfast Bar,Walk-In Pantry,Family Room w/Gas Fireplace,Separate Formal Dining Room,Formal Living Room w/High Vault & Hand-Hewn Beams Throughout,Master Bedroom w/Massive Walk-In Closet,Master Bathroom w/Dual Sinks,Dual Toilets & Bidet,Walk-In Shower & Soaking Bath Tub,Fully Equipped Theater Room, Entertainers Backyard w/Dining & Living Room w/Fireplace,Built-In Grill,Elevated Terrance w/Views of Wash & Golf Course,Heated Swimming Pool & Spa, Gated Driveway w/3 Car Garage.

12020 N 68th Place Scottsdale, AZ 85254

$3,450,000
5 Beds
5 Baths
5,022 SqFt
Status Active
MLS # 6752052
Property Type Single Family Residence
Price Type --
NEW from Thomas James Homes with an opportunity to select some interior finishes during early stages of construction! This house has a great address and great schools. Sitting in the highly desirable Scottsdale neighborhood, this beautiful 5 bedroom, 5.5 bathroom this contemporary home is the definition of exceptional design. Wide plank wood flooring, decorative ceiling and wall treatments, including beams and wood paneling, impressive custom lighting, outstanding millwork, stone and tile accents, a gorgeous floor to ceiling fireplace, flat panel cabinetry and a 4-car garage are just a sampling of the outstanding finishes going into the home. The large single story open concept floorplan is expertly crafted for modern living with a large interior courtyard leading to the home's entrance. Inside you'll find a large great room and luxury kitchen joined by a large quartz countertop island. The grand suite hosts a large his and hers walk-in closet and a spa like bathroom with a freestanding soaking tub and walk-in shower. The secondary bedrooms throughout the home have en-suite bathrooms. In addition to the bedrooms, you'll find ample added living space with a private office and a kitchen prep area adjoining a bonus room. Home will feature fully landscaped front and back yards with a pool and spa, providing great Arizona outdoor living space. This home is minutes from dining, shopping and more. Expected completion Fall 2025.

109 E Hayward Avenue Phoenix, AZ 85020

$3,450,000 - 4Br/5Ba -  for Sale in Brophy Estates Amd, Phoenix
New
$3,450,000
4 Beds
4.5 Baths
4,528 SqFt
Status Active
MLS # 6831726
Property Type Single Family Residence
Price Type --
NEW CONSTRUCTION.. Just completed March 2025! Welcome to 109 E Hayward Drive in the heart of North Central Phoenix. Exceptionally designed, this modern Luxury Estate brought to you by Blue Sky Homes, Luxe Division is now move in ready. Blue Sky Homes are 50% MORE energy efficient than a standard new build and Energy Star / Indoor AirPlus Certified for cost savings and a significantly healthier home for you and your family! With an emphasis on state of the art design, energy-efficiency, integrated technology, we offer unparalleled indoor / outdoor spaces welcoming year round quality time with friends and family .... All in the heart of Phoenix Arizona. 4 Bedrooms + 4 baths + office + Design + Efficiency + Community + Technology = very satisfied homeowners! We are proud to bring to market this stunning modern new build perfectly appointed and finished to the exquisite level that Blue Sky Homes always delivers!

109 E Hayward Avenue Phoenix, AZ 85020

$3,450,000
4 Beds
4.5 Baths
4,528 SqFt
Status Active
MLS # 6758133
Property Type Single Family Residence
Price Type --
NEW CONSTRUCTION JUST COMPLETED MARCH 2025 Blue Sky Homes are 50% MORE energy efficient than a standard new build and Energy Star / Indoor AirPlus Certified for cost savings and a significantly healthier home for you and your family! With an emphasis on state of the art design, energy-efficiency, integrated technology, we offer unparalleled indoor / outdoor spaces welcoming year round quality time with friends and family .... All in the heart of Phoenix Arizona. 4 Bedrooms + 4 baths + office + Design + Efficiency + Community + Technology = very happy homeowners! Blue Sky Homes is bringing to the market this stunning Modern new build in the highly desirable North Central neighborhood. Perfectly appointed and finished to the exquisite level that Blue Sky Homes always delivers every time.

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