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.

What’s Your Home Worth?

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6401 W Campbell Avenue Phoenix, AZ 85033

$595,000
8 Beds
2.5 Baths
2,460 SqFt
Status Active
MLS # 6743583
Property Type Single Family Residence
Price Type --
Take a look at this remodel home with new appliances, A/C, Windows, doors, bathrooms vanities and much more. This property consists of three separate living spaces. Two of 3 bedrooms and 1 bathroom and two bedrooms and 1 bathroom. Each unit has its own private entrance and separate back yard for each unit. This is good opportunity for someone that would like to generate some income that will pay for the mortgage and possible have some cash flow. Seller has two prospective tenants paying $2,200 a month for each unit.

2446 W Myopia Drive Anthem, AZ 85086

$595,000
3 Beds
3 Baths
1,686 SqFt
Status Active
MLS # 6768948
Property Type Single Family Residence
Price Type --
Walking distance to Persimmon clubhouse. 3 bedroon 3 bath includes an oversized casita for guests. Meticulously kept & highly upgraded. Spacious great room floorplan w/ Plantation Shutters. Custom neutral paint, ceiling fans, tile & carpet flooring throughout. Kitchen has granite counters & built in microwave with breakfast bar, pantry, lots of storage, & Water Softener. Master Bedroom with Large Walk-In Closet, remodeled shower, dual vanities. Interior laundry has plenty of room for extra storage. The resort style backyard has a heated pool with jets. Pavers in all the right places. The rear yard offers tranquil surroundings and is perfect for enjoying the serene natural beauty of the desert. Wash lot offers breathtaking views of Daisy Mountain

13484 N 103rd Street Scottsdale, AZ 85260

$595,000
3 Beds
2 Baths
1,614 SqFt
Status Active
MLS # 6774781
Property Type Single Family Residence
Price Type --
Welcome to this inviting 3-bedroom, 2-bath home, featuring everything you need for relaxation and comfort. The cozy fireplace creates a warm, welcoming atmosphere inside, while the backyard is a true oasis. Enjoy the sparkling pool and spa, perfect for unwinding or entertaining, with a spacious covered patio providing shade for year-round outdoor living. Whether you are hosting gatherings or enjoying quiet evenings at home, this property offers the ideal blend of indoor comfort and outdoor enjoyment. Ready for you to move in and start making memories!

4696 W Buckskin Drive Eloy, AZ 85131

$595,000
2 Beds
2.5 Baths
2,322 SqFt
Status Active
MLS # 6768956
Property Type Single Family Residence
Price Type --
Popular Miramonte home with many extras, including a 4 ft. extended two-car garage with a mini-split, epoxy flooring, a third garage with a mini split and epoxy flooring. Whole house water filtration & tankless water heater. This spacious two bedroom, Den and 2.5 baths has an open floor plan is perfect for entertaining or just relaxing. The kitchen has lots of cabinet space, quartz countertop, stainless steel appliances and a large walk-in pantry. The backyard is a must see. Beautiful outdoor living space, with an extended large patio with pavers & electric blinds. Partially fenced for privacy. No pets have lived in this home and no one has smoked in this home.

4477 W Adobe Drive Eloy, AZ 85131

$595,000
2 Beds
2 Baths
2,162 SqFt
Status Active
MLS # 6776620
Property Type Single Family Residence
Price Type --
Furnished ALTURA MODEL built in 2020. Beautiful curb appeal. All new PVC and water hookup for pots in front. Kitchen features upgraded cabinets, stainless steel applicances, backsplash, pendant lights, under cabinet lights, Gas cooktop, pot & pan drawers, Granite counters, roll-out shelves, includes pantry. Soft close drawers, wall oven & microwave. Beautiful plank flooring, top of the line front security door. 2 full suite both bedrooms w/walk-in closets, bay windows & tile showers. Guest bedroom & bath includes blackout shades. Laundry room has a full set of cabinets. Step out back to the covered patio and play some corn hole. Synthetic grass is all set up for you. Backyard is fully enclosed. Three fruit trees, lemon, lime and orange. Water feature is included. Whole house water filtration. No salt needed. Extra storage on side of house.

2226 N Shannon Way Mesa, AZ 85215

$595,000
2 Beds
2 Baths
1,586 SqFt
Status Active
MLS # 6772985
Property Type Single Family Residence
Price Type --
LOCATED ON THE 4TH TEE BOX OF APACHE WELLS GOLF COURSE. THIS EXCELLENTLY MAINTAINED 2 BEDROOM 2 BATHROOM HOME IS READY TO MOVE RIGHT INTO. NEWER KITCHEN CABINETS AND BACKSPLASH. NEW QUARTZ COUNTERTOPS. NEW FLOORING IN LIVING ROOM. PATIO HAS BEEN EXTENDED AND AN ELECTRIC AWNING INSTALLED IF IN NEED OF SHADE. BEAUTIFUL ARIZONA SUNSETS FROM BACK PATIO. THIS WILL NOT LAST LONG. SHOW AND SELL!

8053 E Natal Avenue Mesa, AZ 85209

$595,000
3 Beds
2 Baths
1,995 SqFt
Status Active
MLS # 6773042
Property Type Single Family Residence
Price Type --
This gorgeous home has a true deep 3 car garage. The kitchen overlooks a large, vaulted living room and dining room. The kitchen also is vaulted and shows upgraded cabinets, quarts countertops, breakfast bar, designer tile backsplash, upgraded stainless steel appliances and much more. 24'' designer tile flooring in all traffic areas. Newer roof and A/C.

16566 W Saguaro Park Lane Surprise, AZ 85387

$595,000
4 Beds
2.5 Baths
2,326 SqFt
Status Active
MLS # 6777846
Property Type Single Family Residence
Price Type --
Lifestyle is Included with this Turn-key, 4 Bedroom, 2.5 Bathrooms, 2023 New Construction home in the most desirable Asante Master-plan Community. With a Rare Sparkling Pebble-tech Heated Swimming Pool featuring a Baja Deck & Self cleaning pop-ups, this backyard features a large Turf Grassy Play-yard, White Travertine Decking, Covered Patio & Mountain Views. Large Desert Wash behind the home. Add this Lifestyle to the perfectly upgraded interiors with a Gas Stove/Oven Kitchen, Microwave, & Refrigerator/Washer/Dryer Included. 3 Car Tandem Garage, Ring Doorbell, Walk in Pantry, Split Floor-plan. Easy access to the 303, Shopping, Dining, Restaurants, Services. Location, Location, Location.

1392 E Sierra Madre Avenue Gilbert, AZ 85296

$595,000
4 Beds
2.5 Baths
2,039 SqFt
Status Active
MLS # 6773240
Property Type Single Family Residence
Price Type --
Welcome to this stunning, updated two-story home situated on a prime corner lot directly across from a large community park. Enjoy easy access to a playground, volleyball courts, ramada, and open green spaces—perfect for outdoor activities and relaxing afternoons. This home offers north/south exposure, filling the interior with natural light throughout the day. All bedrooms are located upstairs, providing extra privacy from the main living areas. The kitchen has been fully updated with modern appliances and a reverse osmosis system, making it as functional as it is stylish. The backyard is a true oasis, featuring a large pebble tec pool, ideal for cooling off during hot Arizona summers or hosting weekend gatherings.

5 Clawson Avenue Bisbee, AZ 85603

$595,000
6 Beds
4 Baths
3,232 SqFt
Status Active
MLS # 6773436
Property Type Single Family Residence
Price Type --
Historic Four Plex in the Heart of Old Bisbee. Two 1,000 sq ft Two Bedroom Units and Two 800 sq ft One Bedroom Units, with Original Hardwood Flooring, Built-Ins, High Ceilings, and French Doors, leading to the vast Front Porch and Balcony. Solid Allan Block construction, built in 1917 as Saint Joseph's Convent, now operating as a popular Vacation Rental. With Separate Kitchens and newer Mini-Splits for efficient Heating and Cooling.

21199 E Domingo Road Queen Creek, AZ 85142

$595,000
4 Beds
3 Baths
2,241 SqFt
Status Active
MLS # 6775346
Property Type Single Family Residence
Price Type --
Welcome to your beautiful home in Nauvoo Station! This stunning 4-bedroom, 3-bathroom home offers a light, bright and open concept layout, perfect for modern living. The spacious great room flows seamlessly into the bright and open kitchen, complete with stainless steal appliances and plenty of storage. The primary suite is a true retreat, featuring a large shower, expansive walk-in closet, and ample space to unwind. A versatile bonus room can be used as a home office, kids playroom or teen hangout space, allowing flexibility to meet your family's needs. Step outside to the entertainer's backyard, where you'll find a sparkling pool, turf, low-maintenance hardscape, a cozy fire pit area, and a built-in gas grill - perfect for gathering with family and friends. Don't miss out on this home!

4513 Jackpot Road Wickenburg, AZ 85390

$595,000
2 Beds
2 Baths
1,818 SqFt
Status Active
MLS # 6777905
Property Type Single Family Residence
Price Type --
Discover 4513 Jackpot Rd, a gem in the Trilogy at Wickenburg Ranch! 55+ and Living Resort. Part of the rare and discontinued Maverick Collection, this 2021-built, single-level home offers 1,818 sq ft of modern living with 2 master bedrooms, each with a full bath, plus a guest half bath. The open floor plan includes a versatile den, a stylish kitchen with GE appliances, and a large island with a double basin sink. Enjoy breathtaking views of the Weaver Mountains from the backyard, featuring a built-in BBQ, firepit, and stone patio with a cover. Complete with a 2-car garage, this home is listed at a great price! Don't miss out! Home will be sold unfurnished.

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