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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6337 W Irma Lane Glendale, AZ 85308

$580,000
3 Beds
2 Baths
1,942 SqFt
Status Active
MLS # 6773664
Property Type Single Family Residence
Price Type --
Seize the opportunity to own this bright and inviting pool home located on the golf course at Arrowhead Ranch. Experience resort-style living in the beautiful Arizona sunshine with a backyard designed for relaxation and entertainment. Outdoor features include a sparkling pool with a waterfall, a BBQ cooking area, fire pit, and a covered patio—perfect for hosting or just enjoying the greenery. Many upgrades done over the last 10 years, this home boasts high-end finishes including fresh interior paint, wood flooring, granite countertops, backsplash, and stainless steel appliances. Upgraded with a new AC in 2018. Conveniently located near shopping and top-rated schools. You have to see this one to feel its beauty and charm. Don't hesitate as homes like this rarely last long.

20627 W Luke Avenue Buckeye, AZ 85396

$580,000
2 Beds
2 Baths
1,577 SqFt
Status Active
MLS # 6752899
Property Type Single Family Residence
Price Type --
Discover this charming 1,577 sq. ft. Single story home located in the vibrant Victory District of Verrado, a premier 55+ active adult community. This beautifully designed residence features 2 spacious bedrooms, a versatile den perfect for a home office and 2 modern bathrooms. With a layout that emphasizes comfort and functionality, you'll enjoy open-concept living areas, stylish finishes, and access to the community's extensive amenities, including golf courses, pickle ball, tennis courts, pools, walking trails, and social clubs. Ideal for those seeking an active, engaging lifestyle in a welcoming neighborhood.

6658 S St Andrews Court Gilbert, AZ 85298

$580,000
2 Beds
2.5 Baths
1,764 SqFt
Status Active
MLS # 6730222
Property Type Single Family Residence
Price Type --
This 2 bedroom 2.5 bathroom home is located right in the heart of Seville. On a corner lot in a quiet cul-de-sac you will find this gem that sits on the golf course right between the hole 9 tee box and the hole 8 green. The home has a large, beautiful kitchen with granite countertops and plenty of storage space. Gorgeous stone and wood accents are all throughout the home giving it that Arizona charm. There is a large master bedroom with a full bathroom and it is complete with a large walk-in closet. A full bar room/office is perfect to come relax on a hot day. As you step into your lovely backyard you are greeted with the sound of a calming rock fountain and the stunning golf course views. This home is impeccably well maintained and shows a real pride of ownership.

2702 E Saddlebrook Road Gilbert, AZ 85298

$580,000
3 Beds
2 Baths
2,044 SqFt
Status Active
MLS # 6769751
Property Type Single Family Residence
Price Type --
Must see this gorgeous home in highly desirable Adora Trails! Fall in love the minute you pull up; N/S exposure, pavered drive way, wrought iron security door. Neutral colors throughout, split floorplan w/ spacious great room. Wood shutters and crown molding. Gourmet kitchen w/ gas cooktop, granite, R/O system, backsplash, pull out shelves, walk in pantry and SS appliances. 3 bdrm, 2 bath + Den with glass french doors. Garage has built in cabinets & workbench. Laundry room has built in cabinets. Owner suite has classy closet. Owner has taken excellent care of this home adding gutters & fully landscaped backyard w/ grass, trees & areas to relax/entertain in covered space. Very desirable Adora Trails is master planned to include a variety of community & lifestyle amenities! Don't Miss out!

10323 E Durant Drive Mesa, AZ 85212

$580,000
3 Beds
2 Baths
1,764 SqFt
Status Active
MLS # 6769379
Property Type Single Family Residence
Price Type --
Welcome to your new oasis in the vibrant Eastmark community! This beautifully maintained single-story home features 3 bed, 2 bath, all situated on a spacious corner lot with a fantastic pool-perfect for relaxation & entertaining. Enjoy bright, open living spaces with tile flooring throughout, complemented by a large glass slider that floods the area with natural light. The kitchen boasts stainless steel appliances, ideal for family gatherings. The primary suite includes a generous walk-in closet & an ensuite bath, providing a serene retreat. Step outside to your expansive backyard, perfect for sunny days and backyard barbecues. Extensive community ammenities include: pool, walking paths, the Mark(community ctr), numerous play areas and more. Close to the 202 and shopping/dining.

25958 W Westcott Drive Buckeye, AZ 85396

$580,000
2 Beds
2 Baths
1,862 SqFt
Status Active
MLS # 6746921
Property Type Single Family Residence
Price Type --
SPARKLING POOL, SPA ,OWNED SOLAR AND A SEPERATE GOLF CART GARAGE- THIS HOME HAS IT ALL! Enjoy your own private oasis on the Mountain side of Sun City Festival. Nestled on a quiet street, this light and bright home will not disappoint. Many features include- wood plank tile flooring throughout, dual vanity master bath with tiled low threshold shower and a large spacious closet. Kitchen features S/S appliances and granite countertops. The Den is perfect as an office or hobby room. Step thru the center sliding doors to the back covered patio with extended pavers, built-in BBQ, and lush landscaping and your own putting green. The center courtyard is perfect for your morning coffee and is adjacent to the kitchen. Both garages have epoxy flooring. A short walk or drive to the rec center.

16180 W Glenrosa Avenue Goodyear, AZ 85395

$580,000
5 Beds
3.5 Baths
3,066 SqFt
Status Active
MLS # 6651477
Property Type Single Family Residence
Price Type --
Embrace the beauty of this wonderful 5-bedroom haven in Palm Valley! This home has a split floorplan, spacious primary bedroom with a remodeled walk-in shower, his and hers vanities and a walk-in closet. This home also features a MIL suite with it's own entrance from the courtyard and private bathroom PLUS an extended driveway with an RV Gate. The open-concept kitchen displays recessed lighting, a pantry, staggered cabinetry adorned with crown moulding, granite counters & backsplash and stainless steel appliances. Lastly, the backyard features a covered patio and a shimmering pool, perfect for warm summer days! Hurry! This gem will surely impress you!

12524 W Rancho Court Litchfield Park, AZ 85340

$580,000
4 Beds
2.5 Baths
3,222 SqFt
Status Active
MLS # 6674550
Property Type Single Family Residence
Price Type --
Wonderful neighborhood in Litchfield Park! Beautiful home in a cul de sac, large pie shape lot with no neighbors behind. Large family room in front as you enter. Half bathroom and laundry room downstairs. Large formal dining room off the kitchen area. Amazing kitchen with beautiful cabinets and granite countertops. Large center island to eat at and additional dining in kitchen. Kitchen has stainless steel appliances and dual wall ovens. Kitchen is open to the great room with a fireplace to keep you warm on the chilly nights. Upstairs you have the loft area and 4 bedrooms. The master bedroom has a walk in closet and large master bath and patio doors that lead to upstairs balcony. Downstairs patio has gas hookup for grill and pool is in. The pool has a slide and waterfall with a cave.

2514 W Granite Pass Road Phoenix, AZ 85085

$580,000
3 Beds
2 Baths
2,352 SqFt
Status Active
MLS # 6713870
Property Type Single Family Residence
Price Type --
Owned solar! (1 yr. avg. bill document in document tab) Fantastic home in cul-de-sac, offering just over 2300 sq ft of pure comfort. As you step inside, you'll be greeted by an abundance of natural light that fills the space, highlighting the beautiful granite countertops and rich cherry wood cabinets in the kitchen. The open-concept design seamlessly connects the living and dining areas, creating an atmosphere perfect for both entertaining and everyday living. Step out to your private oasis, where you'll find meticulously designed pavers, lush turf, and gorgeous PANORAMIC MOUNTAIN VIEWS. The brand-new epoxy floors in the garage offer durability and easy maintenance. Located minutes away from the I-17, entertainment, restaurants and shopping. Many updates, please see updates document.

2135 S Bristol -- Mesa, AZ 85209

$580,000
4 Beds
3 Baths
1,883 SqFt
Status Active
MLS # 6709098
Property Type Single Family Residence
Price Type --
Nestled in the heart of coveted Augusta Ranch, this home epitomizes elevated living. With its spacious open-concept floor plan boasting four bedrooms and three baths, it's an entertainer's dream. The family room and inviting kitchen areas are ideal for hosting gatherings. Enjoy the beautiful low-maintenance backyard, complete with a large pool that can be enjoyed year around thanks to a gas heater addition (2023). Updates like a new roof (2023) and renovated bath fixtures add modern convenience, while the community's amenities, including an executive golf course, bar/grill, abundant events, parks, and a school, ensure a lifestyle of comfort and enjoyment. This home is a must-see!

17052 N 36th Court Phoenix, AZ 85032

$580,000
4 Beds
2 Baths
2,018 SqFt
Status Active
MLS # 6756073
Property Type Single Family Residence
Price Type --
2 master bedrooms. HUGE lot, 1/3 of an acre! So much more opportunity with this property. No HOA. Cul-de-sac. RV gate. Pool just re-plastered! 4 bedrooms, 2 bathrooms. Double master suites. 2 huge walk-in closets in master suite. Master bathroom upgraded with new shower tile. New floors throughout. The entire house painted inside and out. New quartz countertops in the kitchen. Two large living areas, great space for entertaining and gathering. A must see home!

10536 W Villa Hermosa -- Peoria, AZ 85383

$580,000
3 Beds
2 Baths
2,493 SqFt
Status Active
MLS # 6744672
Property Type Single Family Residence
Price Type --
NO HOA!!! Highly sought after North Peoria home featuring a 3-car garage & a welcoming covered entry. Inside, you'll find 3 bedrooms plus a versatile den, along with family & living rooms, and a formal dining area—perfect for gatherings & relaxation. The kitchen has elegant granite counters, including a charming round granite table that stays, and convenient soft-closing cabinet drawers & doors. The master suite offers a spacious walk-in closet with custom shelving & access to the 3rd car garage. Buyer to choose between a sleek glass shower front or a restored separate shower/tub before close of escrow. Fall in love with the expansive enclosed patio & outdoor kitchen area. Conveniently located near schools, shopping, and entertainment, this home is ready for you to move in and enjoy!

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