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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16136 W Birdsong Court Surprise, AZ 85374

$579,000
3 Beds
2 Baths
1,889 SqFt
Status Active
MLS # 6773602
Property Type Single Family Residence
Price Type --
Your dream cul-de-sac property is within reach! This 3-bedroom gem features a 3-car garage for ample parking. Inside, you'll find a spacious great room with a neutral palette, plantation shutters, stylish wood-look flooring, and sliding doors that lead to the backyard for seamless indoor-outdoor living. The delightful kitchen comes with quartz counters, white shaker cabinets with crown moulding, chic pendant/recessed lighting, a subway tile backsplash, stainless steel appliances, a pantry, and a peninsula with a breakfast bar for casual meals. The primary bedroom boasts a quaint sitting nook, an ensuite with dual sinks, a soaking tub, and a walk-in closet. Outdoors, you'll find a covered patio with an attached pergola for enjoying the warm Arizona weather. Make it yours!

4571 W Shannon Street Chandler, AZ 85226

$579,000
4 Beds
2.5 Baths
2,080 SqFt
Status Active Under Contract
MLS # 6748421
Property Type Single Family Residence
Price Type --
This stunning two-story property boasts of FULLY OWNED TESLA SOLAR! It has a great curb appeal, a two-car garage, and a beautifully landscaped yard. Step inside to discover a cozy living/dining area complete with a fireplace. The eat-in kitchen boasts of upgraded cabinetry and granite countertops. The master suite has a walk in closet & separate shower/tub. The spacious loft, offers a versatile space that could serve as a media room, play area, or anything you envision. The backyard features a covered patio perfect for hosting. Ideally located near restaurants, grocery stores, public library & the Desert Breeze Park! The home has been cared for and upgraded by the seller over the years. NEW ROOF (2021), NEW ENERGY EFFICIENT WATER HEATER (2021), NEW GARAGE DOOR(2021)

3034 E Marilyn Road Phoenix, AZ 85032

$579,000
3 Beds
2 Baths
1,913 SqFt
Status Active Under Contract
MLS # 6763014
Property Type Single Family Residence
Price Type --
Beautiful 3 bedroom 2 bath home with a 2 car garage in a great neighborhood with no HOA. This gorgeous home is move in ready with some nice upgrades like flooring, fixtures, ceiling fans, appliances, washer/dryer and remodeled bathrooms. Separate Living Room and Family Room. Windows have been updated and all windows have shutters or blinds. A/C was replaced in 2019. Ring Doorbell. Security Screen Door in front. French doors in back. There is an above ground spa that stays with the home (as-is). Sprinkler system in the front and the backyard. Beautiful mature trees, palms and citrus trees. Large laundry room plus extra storage room. Covered Patio and shed.

16085 W Alameda Road Surprise, AZ 85387

$579,000
3 Beds
2.5 Baths
2,019 SqFt
Status Active
MLS # 6772867
Property Type Single Family Residence
Price Type --
The seller is offering a 3% concession PLUS a $5,000 allowance for landscaping. This beautiful, move-in-ready home features a gourmet kitchen with upgraded cabinetry, a stylish backsplash, stainless steel appliances, granite countertops, and a walk-in pantry. The spacious great room opens to a backyard that is ready for you to create your ideal outdoor oasis. Bedrooms #2 and #3 share a guest bathroom and are separated from the primary bedroom for added privacy. Enjoy shutters and ceiling fans throughout, and soft water system. The community provides exceptional amenities, including an aquatic center, pickleball, sand volleyball, bocce ball, playgrounds, trails, zip lines, and frisbee golf! Special financing incentives are available on this property through SIRVA Mortgage.

22410 N Arrellaga Drive Sun City West, AZ 85375

$579,000
2 Beds
2 Baths
1,684 SqFt
Status Active
MLS # 6775501
Property Type Single Family Residence
Price Type --
Presenting blue skies and green grass as far as the eye can see! This beautiful Arcada model is perfectly positioned on an elevated lot & on the 5th Fairway of Corte Bella Country Club. This home captures a stunning environment that's designed to make every day seem like you're on vacation. The covered patio spans the width of the house and pavers invite you to sit by the firepit or trickling fountain. The focal point of the living room is the designer entertainment wall with lighted niches. The dining area has a view! The kitchen includes gas stove and granite counters, Two spacious bedrooms and a den with double doors. The bonus space behind the kitchen can be used for a desk, hobby room, pet room, or air-conditioned storage. Most of the furniture is available outside of escrow.

3200 W Black Oak Loop Show Low, AZ 85901

$579,000
3 Beds
2 Baths
1,550 SqFt
Status Active
MLS # 6669326
Property Type Townhouse
Price Type --
This Torreon golf villa offers a comfortable and convenient living space with its 3 bedrooms and 2 bathrooms. It is designed for a lock and leave lifestyle, providing you with peace of mind when you're away. The property features a detached 1-car garage, offering secure parking and additional storage space. Surrounded by a lush canopy of trees, this villa provides a serene and private atmosphere. The covered deck and patio area are perfect for relaxing or entertaining, allowing you to enjoy the beautiful surroundings. The open floorplan creates a spacious and airy feel, while the split layout ensures privacy between the bedrooms. Large spacious kitchen makes meal prep a breeze while guest can accompany around the breakfast bar. Whether you're a golf enthusiast or simply..

3033 E Millbrae Lane Gilbert, AZ 85234

$579,000
4 Beds
3 Baths
2,146 SqFt
Status Active
MLS # 6726711
Property Type Single Family Residence
Price Type --
MOVE-IN-READY!!! LOTS of CHARM & CHARACTER EVERYWHERE!!! This home is a MUST SEE!!! Full Bedroom & Bathroom DOWNSTAIRS!!! Upon entry, you're wowed by VAULTED CEILINGS, along with two separate living areas, a STUNNING KITCHEN overlooking the main living space, making this the PERFECT HUB OF THE HOME!!! Spend some time outback in your Sparkling POOL, or relax in tub HOT TUB, cook out in your BUILT-IN-BBQ, or even enjoy your very own PUTTING GREEN!!! This backyard is an Entertainer's Dream!!! Workbench area in garage, along with LOTS OF STORAGE!!! This home has it all!!! Home is steps away from a FANTASTIC park with playground area and Basketball courts!! Don't miss out on this one!!!

1326 W Juanita Avenue Mesa, AZ 85202

$579,000
4 Beds
3 Baths
2,278 SqFt
Status Active
MLS # 6729599
Property Type Single Family Residence
Price Type --
Incredible opportunity for investors looking to secure a property with tenant and lease already in place!!! Gorgeous updated 4 bed/3bath sits on a large lush lot. Updated kitchen with stainless steel appliances. Separate office/den/sunroom adjacent to family room with separate sliding doors to backyard. One bedroom downstairs with bathroom, with remaining 3 upstairs. Lots of updates and great potential for investment property!!!

823 Sycamore Lane Chino Valley, AZ 86323

$579,000
3 Beds
2 Baths
1,554 SqFt
Status Active
MLS # 6748043
Property Type Single Family Residence
Price Type --
This meticulously maintained home in central Chino Valley offers something for everyone, blending comfort, convenience, and style. Located just minutes from Chino Valley's main commercial areas and a short drive from Prescott and Prescott Valley, this home's prime location is ideal. Upon entering, you're greeted by a spacious great room featuring a vaulted ceiling, ceiling fan, and a striking 3-sided gas fireplace. The luxury vinyl plank and tile flooring throughout adds to the home's elegance. The adjacent kitchen is a chef's dream, boasting solid surface countertops, abundant cabinetry, a corner pantry, and a large skylight that floods the space with natural light. The dining room, perfect for hosting meals, offers direct access to the charming rear patio, making entertaining a breeze. Designed with a sought-after split floor plan, the large master suite features vaulted ceilings and direct access to the back patio. The master bath is equally impressive with a spacious walk-in closet, garden tub, dual vanities, and a walk-in shower with grab bars. On the opposite side of the home, two sizable guest bedrooms and a full bath are privately situated off the great room, ensuring comfort and privacy for all. The pristine exterior is equally inviting, with a massive screened-in covered patio perfect for year-round entertaining. This space includes a fabulous hot tub that conveys with the property. The home also offers abundant RV parking, with two separate water, sewer, and power hookup locations. Both the front and rear yards are beautifully landscaped and low-maintenance. The front patio boasts views of Granite Mountain, while the large, flat backyard serves as an excellent starting point for any outdoor hobby. The oversized 3-car garage provides ample parking and storage, complemented by an additional high-quality Tuff Shed on the property. Recent updates include substantial repairs and upgrades to the septic system, a thorough revamp of the drainage and rain gutters, new luxury vinyl plank flooring, steam cleaning and sealing of tile areas, a significant tune-up of the hot tub's hardware, and several new high-quality windows.

8821 S 47th Place Phoenix, AZ 85044

$579,000
4 Beds
3 Baths
2,195 SqFt
Status Active
MLS # 6745563
Property Type Townhouse
Price Type --
A rare opportunity for totally updated residence w/ views in mountainside resort, gated community! Amazing 4 bed, 3 bath residence in Pointe South Mtn/ AZ Grande in Ahwatukee haven! Two master bedrooms/ two large bedrooms perfect for large family or multi generational living. Upstairs bedrooms have balconies. Downstairs master with outdoor access. Updates from 2024 include modern interior color palette (2023 colors of the year), ext paint, two luxurious tiled rain showers, SS appliances, granite counters in kitchen/ downstairs baths, new light fixtures, new plumbing fixtures, all new flooring (wood plank tile and carpet), feature wall, roof updated, new landscape design featuring artificial grass and nightscape. The joy of your own piece of resort living, totally updated!

1453 E South Fork Drive Phoenix, AZ 85048

$579,000
3 Beds
2.5 Baths
2,232 SqFt
Status Active
MLS # 6747567
Property Type Single Family Residence
Price Type --
Newly remodeled beautiful 3 Bedroom, 2.5 Bath home with Loft and Den in The Foothills Community. Fresh paint makes this home Open & Bright. Fireplace in Living room. Formal Dining, warm Family room w/tile. Large upgraded kitchen, backsplash, new stainless steel appliances , new quartz kitchen island and countertop. Good sized master bedroom upstairs with great view of Mountains , walk in closet. Master bath has double sinks , separate shower and tub and private toilet room. Downstair den can be converted to a bedroom. 90% Sun Blockage black screen. New equipment on pool 2024, exterior wall painted on 2023. Excellent Kyrene School District, quiet community, easy access to 202, only 10 mins convenient to shopping plaza and south mountain trail.

2560 W Goldmine Mountain Drive San Tan Valley, AZ 85144

$579,000
5 Beds
2.5 Baths
3,242 SqFt
Status Active
MLS # 6750598
Property Type Single Family Residence
Price Type --
This spacious 3,242 sq. ft. home with 5 bedrooms and 2.5 bathrooms is located in the desirable Santan Heights community in Santan Valley. Price reduced! Now offered at $579,000. With a bright and airy interior, the home features large windows throughout, allowing for plenty of natural light to fill the space. Its large, open layout offers plenty of room for families and those who enjoy entertaining. The kitchen comes equipped with modern stainless steel appliances, granite countertops, and plenty of cabinet space, making it both functional and stylish for everyday cooking or hosting. The living area leads directly to the backyard through sliding glass doors, opening up to a landscaped yard with green grass and palm trees, offering a peaceful and relaxing outdoor space. The backyard features a covered patio with ceiling fans, perfect for barbecues or family gatherings, and a pool, great for cooling off in the Arizona heat. An RV gate provides added convenience, and the home's solar panels are fully paid off, helping to lower utility costs. The primary suite includes a private balcony overlooking the pool, a perfect spot for unwinding or enjoying sunsets. The attached bathroom offers a walk-in shower, a soaking tub, and a large walk-in closet. In addition to the five bedrooms, there's an extra room upstairs that can be used as an office, nursery, or extra living space. The three-car garage provides plenty of space for vehicles and storage. Recent updates include the replacement of both AC units, adding to the home's energy efficiency. Located in a quiet neighborhood, this home is within walking distance of parks and is close to local shopping and dining options like Home Depot, Walmart, Starbucks, and more.

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