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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11514 E Kiowa Avenue Mesa, AZ 85209

$569,900
3 Beds
2 Baths
1,812 SqFt
Status Active
MLS # 6758282
Property Type Single Family Residence
Price Type --
This home offers the ultimate in comfort! Upgraded with attention given to every detail. The home offers a North/South exposure. The 3 bedroom, 2 bathroom home offers you a split bedroom design for the ultimate privacy for your guests. The 3rd bedroom is currently being used as a den and is adjacent to the Arizona/hobby room/studio which opens to the back yard. The remodeled kitchen offers alder cabinets, granite counter tops custom lighting and pull out drawers in both the kitchen & the pantry. Large laundry room offers a sink and the washer and dryer. The master bath has been upgraded with a custom walk-in shower with dual shower heads, double grab safety bars, double sinks, two large closets & separate commode room. Three car garage w/mini-split a/c!! This is a very nice home!!! There is a water softener, water distiller, plus a three car garage with epoxied flooring, mini split a/c system and abundant storage and shelving. Outside there is a concrete pad, storage shed, citrus, artificial grass, which is north facing for the best year round exposure. Sunland Springs Village is the east valley's PREMIER Adult Community!! This is an incredible home!!

34214 W Sahuaro Street Tonopah, AZ 85354

$569,900 - 4Br/3Ba -  for Sale in Horseshoe Trls Amd, Tonopah
Open House
$569,900
4 Beds
2.5 Baths
2,336 SqFt
Status Active
MLS # 6672281
Property Type Single Family Residence
Price Type --
This stunning property is eligible for a 0% down payment with a USDA loan! Sitting on a 2-acre lot, offering endless possibilities for expansion or additional structures such as a second home or workshop. This home has 4 bedrooms and 2.5 bathrooms. Beautiful kitchen with granite counter tops and open spaces to the living and dining rooms. The master bedroom offers a walk-in shower, private toilet room and a walk-in closet. A beautiful, covered patio and irrigation system was installed on all the plants in the backyard. The house is equipped with ready fast satellite internet. Completely move-in ready. With no HOA restrictions, BRING YOUR HORSES, TOYS, RV'S, ETC!! This home features upgraded foam insulation, Nest smart home thermostat, Trane A/C unit, the 220-volt setup is perfect for a wo

16013 W Alameda Road Surprise, AZ 85387

$569,850
3 Beds
3 Baths
2,159 SqFt
Status Active
MLS # 6742996
Property Type Single Family Residence
Price Type --
Owned Solar !!! Enjoy the savings with Solar Panels. Welcome to this charming home in Escalante! This Fulton floorplan has 3 spacious bedrooms, a study, 3 bathrooms, and a 3-car tandem garage! Gourmet kitchen with stunning cabinetry, granite countertops, stainless-steel built-in appliances, a walk-in pantry, and a kitchen island with a breakfast bar and beautiful pendant lights. There is a gas stub in kitchen for easy conversion to a gas cook top. The great room has surround sound and a center-open extended-length sliding glass door. The primary suite is spotless with a lavish ensuite bathroom featuring an oversized tiled shower, a dual sink vanity, and a walk-in closet. Bedrooms 2 and 3 are move-in ready with ceiling fans and blinds! The backyard is pristine with easy care landscape and a covered patio. Do not miss out on this spotless home! Escalante is a vibrant home community offering an array of top-tier amenities designed for active and leisurely lifestyles. Enjoy a massive resort-style pool with shaded areas to keep you cool, multiple lighted sport courts for evening games, and a challenging disc golf course. Enjoy the expansive playground, while residents can also indulge in table tennis, bocce ball, and a dedicated volleyball court for endless entertainment and relaxation.

4380 W Ruby Drive Eloy, AZ 85131

$569,500
2 Beds
2 Baths
2,198 SqFt
Status Active
MLS # 6754518
Property Type Single Family Residence
Price Type --
You'll love this upgraded, solar-owned Pavona model, built in 2022 with more than $175,000 in upgrades! This stunning home features 2 bedrooms, 2 baths, an extra-large flex room with a built-in wet bar, and a spacious 2.5-car garage. The kitchen boasts granite counters, a subway tile backsplash, 41'' cabinets, water softener & whole house filtration system, built-in garbage bins, a gas range, a GE Advantium microwave, along with a pot filler & under-cabinet lighting for added convenience. The master suite includes a curbless tiled shower & granite vanities. Other upgrades include luxury wood flooring, 8-foot doors, surround sound, advanced tech, & whole-house water filtration. Enjoy the landscaped backyard with a raised garden bed & extended patio. BBQ stub. This home is a must see!

20014 N Portico Way Surprise, AZ 85387

$569,500
3 Beds
2 Baths
2,334 SqFt
Status Active Under Contract
MLS # 6768964
Property Type Single Family Residence
Price Type --
Spacious and popular Hacienda model has it all beginning w/ 3 bedrooms and 2 full baths. You will see the living area & formal dining, as you enter the front door. Large kitchen w/ plenty of cabinets, hard surface countertops, a pantry, a large breakfast bar and a space for more casual dining. The family room is great for relaxing, but room for gatherings. The built-in AV wall offers decorative shelving and TV space. Windows and patio door have plantation shutters for added style. The split primary suite has a bay window, perfect for seating or reading, plenty of room & the bathroom has a shower, large soaking tub, double sinks, private toilet room, linen cabinet and a large walk-in closet w/ drawers for added storage. Family room living space, primary and one guest room are carpeted. Aside from the carpeted areas and the laminate wood in 3rd guest bedroom (or den), the flooring consists of 18 ceramic tile. The guest bedrooms, also spacious have large closets and ample window for plenty of daylight. The guest bathroom, with combination tub/shower, is conveniently located off of the family room and between the guest bedrooms. The laundry is inside, off the kitchen with washer, dryer, utility tub, small counter space and storage cabinets. Off of the formal dining room and kitchen is a space w/a lower cabinet w/countertop, as well as upper cabinets for storage or butler's pantry. The service door opens into the large, full 3 car garage, with plenty of storage cabinets. The extended covered patio offers lots of space for entertaining, dining or just relaxing and enjoying our great Arizona sunsets. The patio flooring is deco ______, built in BBQ is stucco and tile, with a bar/seating area. The view from the living room window showcases the large, 3-column water feature. Water falls out of the columns into a large pool below. Planter bowls are atop the columns for beautiful seasonal or year round plants. Next to the water feature is another seating area w/ built-in gas fire-pit where you can enjoy a chilly evening, under the stars. This home has is a MUST SEE!

2232 E Blanche Drive Phoenix, AZ 85022

$569,500
4 Beds
2 Baths
1,826 SqFt
Status Active
MLS # 6736754
Property Type Single Family Residence
Price Type --
Stunning move-in ready 4-Bedroom, 2-Bathroom Home in beautiful North Phoenix with NO HOA! Welcome to this tastefully updated, turn-key residence in a quiet North Phoenix neighborhood. This home boasts four spacious bedrooms and two modern bathrooms, mountain views, offering comfort and convenience. Enjoy a fresh, contemporary interior with stylish finishes throughout. Perfectly situated close to hiking at Lookout Mountain, shopping, dining, and close freeway access, this home combines practicality with a taste of luxury. Close to Costco, Sprouts, Aldi and more! Don't miss out on this exceptional opportunity!

481 S Soho Lane Unit 34 Chandler, AZ 85225

$569,000
3 Beds
3.5 Baths
2,093 SqFt
Status Active
MLS # 6763718
Property Type Single Family Residence
Price Type --
Welcome to the epitome of luxury patio home living at Parkside Villas in Chandler, Arizona! Step into a world of elegance and comfort with our spacious floor plans boasting generous living areas and luxurious kitchens. With 9 foot ceilings on the main floor, natural light floods in, creating a bright and inviting ambiance perfect for any occasion. Choose from our 3 or 4 bedroom layouts, each featuring 3 ½ baths for optimal convenience. Our gourmet kitchens are the heart of the home, seamlessly opening to the family room, making entertaining a breeze. Indulge in upgraded cabinetry, sleek quartz countertops, and top-of-the-line stainless steel appliances throughout, elevating your culinary experience. Relax and unwind in your own private outdoor patio area, where cozy evenings await.

2117 E Voltaire Avenue Phoenix, AZ 85032

$569,000 - 3Br/3Ba -  for Sale in The Agave, Phoenix
Open House
$569,000
3 Beds
2.5 Baths
1,590 SqFt
Status Active
MLS # 6772466
Property Type Townhouse
Price Type --
The Agave - A rare combination of Space, Style, Quality, and Value where Design Matters. Be inspired by the warm tones and natural textures of the desert where the Sagebrush and Adobe interior color schemes boldly echo the beauty of The Agave. Modern, Flat-Panel Kitchen Cabinetry in Matte color-ways, Solid-surface, Spa-Inspired Flat-Panel vanity cabinets in natural-wood tone finishes in Bathrooms. Standard LVT flooring installed in the entire home, Quartz Countertops, and Tile shower surrounds. Standard Accent painted interior doors and jambs for a bold, effortless design touch. Ceiling fans included as well as EV prewire. This premium end location Quail Plan showcases an enclosed front patio, oversized 2 car garage, bonus loft space and second floor deck.

2130 E Voltaire Avenue Phoenix, AZ 85022

$569,000 - 3Br/3Ba -  for Sale in The Agave, Phoenix
Open House
$569,000
3 Beds
2.5 Baths
1,751 SqFt
Status Active
MLS # 6772433
Property Type Townhouse
Price Type --
The Agave - A rare combination of Space, Style, Quality, and Value where Design Matters. Be inspired by the warm tones and natural textures of the desert where the Sagebrush and Adobe interior color schemes boldly echo the beauty of The Agave. Modern, Flat-Panel Kitchen Cabinetry in Matte color-ways, Solid-surface, Spa-Inspired Flat-Panel vanity cabinets in natural-wood tone finishes in Bathrooms. Standard LVT flooring installed in the entire home, Quartz Countertops and Tile shower surrounds. Standard Accent painted interior doors and jambs for a bold, effortless design touch. Ceiling fans included as well as EV prewire. The Wren showcases a generous backyard and second floor deck to bring the outside in.

22807 E Stacey Road Queen Creek, AZ 85142

$569,000
3 Beds
2 Baths
1,956 SqFt
Status Active
MLS # 6758518
Property Type Single Family Residence
Price Type --
This open concept layout offers 3 bedrooms, private study, 2 baths, ample storage with a spacious utility room and two car garage. Enjoy sought after selections hand-picked by our expert designers; 12-foot slider leading you to the extended covered patio, signature ''super shower'' with upgraded tile to the ceiling in owners retreat, gourmet kitchen, stainless steel appliances with built in gas range, two tone shaker cabinets complimented by quartz countertops, and stunning kitchen backsplash. This beautiful home is situated on a desirable South Back home site. 2X6 CONSTRUCTION; NEW HOME WARRANTY.

6065 E Red Bird Lane San Tan Valley, AZ 85140

$569,000
3 Beds
2 Baths
1,513 SqFt
Status Active Under Contract
MLS # 6745735
Property Type Single Family Residence
Price Type --
What a rare opportunity to own this beautiful ranch-style home nestled on a HUGE 1.1-acre lot! This fully fenced property offers 3 beds, 2 baths, RV gates, & a 2-car garage and driveway. Home exudes modern style with tons of natural light, neutral paint, & wood-look tile w/carpet in bedrooms. You'll LOVE the seamless design of an open layout, made bright & airy by vaulted ceilings! Main bedroom boasts a walk-in closet & an ensuite. Need space for relaxing? The front porch & back-covered patio await you! The expansive backyard also provides a dog run w/lush lawn. Bring your toys, RVs, horses, & other animals—this property has plenty of space! What a GEM! Lock this home in with our exclusive MTR Special Finance Program through our preferred lender. Reach out for more information.

13227 N 1st Place Phoenix, AZ 85022

$569,000
3 Beds
2 Baths
1,730 SqFt
Status Active Under Contract
MLS # 6768611
Property Type Single Family Residence
Price Type --
The perfect corner lot with amazing mountain views is now available! This beauty boasts desert landscaping, eye-catching stone accents, a 2-car garage, & a welcoming courtyard. Step through the double doors into a charming foyer that sets the tone for the rest of the home. The expansive living & dining area is highlighted by vaulted ceilings, elegant archways, plantation shutters, & custom-stained faux-finish concrete floors. A cozy fireplace adds warmth & ambiance to the space. The kitchen is equipped with white cabinetry, a breakfast bar, & a cozy breakfast nook, perfect for quick meals. Main bedroom features a private bathroom & a walk-in closet. The tranquil backyard comes with a grassy lawn, a refreshing pool, & a covered patio overlooking mountain vistas. Don't miss it!

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