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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6428 N 190th Drive Waddell, AZ 85355

$566,990
3 Beds
2 Baths
2,229 SqFt
Status Active
MLS # 6745700
Property Type Single Family Residence
Price Type --
This beautiful home back towards the White Tanks Mountains on large homesite with no neighbors behind you. The beautiful Irwin floorplan has a 3 tandem garage, 3 bedrooms and two and a half bathrooms. 9' ceilings, wood plank style tile floorings throughout the home, 8' interior doors, gourmet kitchen package, kitchen tile backsplash and huge island makes this home the perfect spot to entertain! This home is built zero energy ready with spray foam insulation, 2 x 6 construction and 85% offset solar system included giving you a HERS rating in the single digits! This home is ready now!

34475 N Fortini Way Queen Creek, AZ 85144

$566,610
5 Beds
3.5 Baths
2,937 SqFt
Status Active
MLS # 6748798
Property Type Single Family Residence
Price Type --
From AZ-24, take Ellsworth Rd, south. Make a right onto Thompson Pkwy. Turn left onto Tesota Way. The sales office will be on your right.

14155 W Alameda Road Surprise, AZ 85387

$566,433
3 Beds
2.5 Baths
2,226 SqFt
Status Active
MLS # 6734303
Property Type Single Family Residence
Price Type --
MLS#6734303 November Completion. The 50RM1 floorplan at Raveena at Rancho Mercado features 4 bedrooms, a flex room, 2.5 bathrooms, a 3-car garage, and 2,226 sq ft all on one level. Upon entering the foyer, you'll be captivated by the open-concept design, leading to a spacious gathering room, dining area, and a gourmet kitchen. The outdoor living space is perfect for al fresco meals and family time. The owner's suite, secluded for privacy, offers double vanities and a generous walk-in closet. The flex room is ideal for a home office or study area. Two additional bedrooms and a laundry room complete this luxury home. Structural options include: covered outdoor patio, paver front porch, garage service door, alternate A/C location, and soft water loop.

1821 E Behrend Drive Phoenix, AZ 85024

$565,997
3 Beds
2 Baths
1,787 SqFt
Status Active Under Contract
MLS # 6764010
Property Type Single Family Residence
Price Type --
Home is in a beautiful hillside setting. 3BR/2BA with a separate office which can also be a 4th bedroom. Vaulted ceilings, pot ledges for display. Sky light in Great Room. Home has been freshly painted. Kitchen open to great room with breakfast bar and eat in kitchen. W/D located inside. Tile and laminate throughout house. Great views of mountain in back. Large covered patio with extended patio that is great for entertaining. Built in BBQ close to house. Sparkling pool for afternoon dips Solar! Easy care landscaping. Must see home in area close to 101, shopping and healthcare facilities. Don't miss this one!

15562 S 181st Lane Goodyear, AZ 85338

$565,995
4 Beds
2 Baths
2,612 SqFt
Status Active
MLS # 6728306
Property Type Single Family Residence
Price Type --
This beautiful home is move-in ready. A large center island in the kitchen overlooks the casual dining area. The open-concept kitchen flows effortlessly into the great room and dining room, making this floor plan ideal for entertaining. Discover what luxury living truly means and schedule a tour of this beautiful home.

12346 W Hedge Hog Place Peoria, AZ 85383

$565,990
2 Beds
2 Baths
1,682 SqFt
Status Active
MLS # 6743534
Property Type Single Family Residence
Price Type --
DRASTICALLY REDUCED! Motivated sellers! Experience the best time of the year as the weather cools and our winter visitors return. Are you searching for a home in one of Arizona's most sought-after active adult communities, Trilogy at Vistancia? Whether you're looking for a winter retreat or a permanent move, having friends nearby is always a plus! This upgraded Montis floorplan features real hardwood floors and countless improvements. The previous owners, before our motivated sellers, rarely used this corner lot gem, so it has only been lived in full-time for 3 years. Plus, the stainless steel fridge, washer, and dryer are included! Not 55+? No problem! Trilogy at Vistancia welcomes residents through a simple variance (children or other occupants must be 18+). Regardless of age, everyone loves Trilogy! Enjoy world-class amenities including a fitness center, indoor lap pool, two outdoor pools for year-round use, a spa, a cafe, numerous clubs and activities, live music, and stunning views. And let's not forget the meticulously cared-for golf course that golfers rave about! After your best game ever, head to V's Taproom for dinner or a drink with friends to celebrate another day in paradise.

10959 E Tupelo Avenue Mesa, AZ 85212

$565,900
3 Beds
2 Baths
2,150 SqFt
Status Active
MLS # 6694537
Property Type Single Family Residence
Price Type --
Singe level pool home in Bella Via! Neutral paint and flooring in soothing tones is waiting for personal touches! Chef's kitchen with gourmet SS appliances including gas cooktop and wall oven, Expansive quartz island with extended staggered cabinetry Split floorplan is perfect for hosting guests. The spacious backyard with stunning pool is perfect for hosting BBQ's and enjoying the AZ sun! Prime East Mesa location near the 24, shopping and dining! Don't miss out on this one today!

4010 S 178th Lane Goodyear, AZ 85338

$565,588
4 Beds
3.5 Baths
2,639 SqFt
Status Active
MLS # 6768888
Property Type Single Family Residence
Price Type --
Ready for quick move in! Welcome to the Juniper Floor Plan, a magnificent single-story haven meticulously designed to offer space, comfort, and versatility. Boasting an expansive 2639 square feet, this home provides a seamless fusion of elegance and practicality. Discover the allure of 4 beautifully appointed bedrooms, each offering a serene sanctuary for rest and rejuvenation. The Owners Suite stands out as a true retreat, featuring a walk-in closet that keeps your belongings organized and easily accessible. ALWAYS BUILT W/SPRAY FOAM INSULATION & TANKLESS WATER HEATER!!

13747 W Nogales Drive Sun City West, AZ 85375

$565,500
2 Beds
2 Baths
1,837 SqFt
Status Active
MLS # 6734640
Property Type Single Family Residence
Price Type --
Presenting the San Ysidro Model home, a masterpiece of elegance and refined taste, situated on a corner lot within the serene, gated community of Corte Bella. This home spans 1,837 sq ft and features two spacious bedrooms and two luxurious bathrooms,+ large den/office tailored for both enchanting entertainment and peaceful relaxation. The heart of this home offers a chef's dream kitchen, fully upgraded with stainless steel appliances, granite countertops, a center island, and an ample pantry. The primary suite offers a sanctuary-like experience with bay windows, modernized flooring, a large walk-in closet, and a private water closet with double sinks. The accompanying bedroom and bathroom continue the theme of luxury with updated fixtures, and new installations. Expansive connections between the great room, den/office with custom French doors, dining, and kitchen areas showcase the carefully selected neutral tile flooring throughout, reflecting a tastefully designed interior. This exceptional property is now available for sale, ready to fulfill your dream of sophisticated yet practical living.

10229 W 10229 W Jessie Ln Lane Peoria, AZ 85383

$565,000
4 Beds
2.5 Baths
2,247 SqFt
Status Active
MLS # 6774090
Property Type Single Family Residence
Price Type --
This stunning 4-bedroom, 2.5-bathroom home is situated in the sought-after Ironwood subdivision. Remodeled in 2023 by the former owner, it features new flooring, fresh interior paint, quartz countertops in the kitchen and bathrooms, and new blinds, along with a new pool pump. The current sellers have added new appliances, window screens, ceiling fans, epoxy flooring in the garage, and storage racks. Its proximity to abundant shopping, dining options, and easy access to major freeways, the 101 and 303, adds to the home's appeal.

30133 N 172nd Street Rio Verde, AZ 85263

$565,000
3 Beds
2 Baths
1,637 SqFt
Status Active Under Contract
MLS # 6771208
Property Type Single Family Residence
Price Type --
Stunning views of Four Peaks, Weaver's Needle, and the Superstitions are the backdrop of this 1.059 acre property. The 3 bedroom, 2 bathroom split floor plan is move-in ready, lightly lived-in, and only 2 years old. The home is centered around a spacious great room, offers 9+ ft ceilings, and energy-efficient dual-pane low-e windows. The kitchen is beautifully designed with quartz countertops, upgraded cabinetry, and tile backsplash. Upgrades include 12ft sliding doors, spray foam insulation, upgraded doors throughout, enhanced desert landscaping, custom paver patio, retaining wall, and gutters. Step outside to a covered patio and enjoy the beautiful scenery. Ask about the guaranteed water through EPCOR's Rio Verde Foothills Standpipe project.

1749 Silver Spur Circle Clarkdale, AZ 86324

$565,000
2 Beds
2 Baths
1,715 SqFt
Status Active
MLS # 6767718
Property Type Single Family Residence
Price Type --
Discover your dream home with unparalleled charm and comfort! This property offers a unique blend of elegance and privacy, perfectly situated on an expansive 1/2 acre lot for ultimate seclusion with the option for an additional 1/2 acre. Imagine cozy evenings by the fireplace, and waking up every day to a magnificent view of the Red Rocks that never fails to inspire. One of this property's unique highlight is an exquisite imported, hand-peeled and stained log ramada with elegant pavers and a six-person hot tub, perfect for outdoor relaxation or entertaining guests. Whether you're seeking tranquility or a place to entertain, this home provides the perfect backdrop for all your aspirations. Step through a charming front door courtyard, adorned with a decorative steel gate, setting the scene for a warm welcome. Beyond the front, discover a fully gated fenced backyard offering privacy. Embrace the sophistication of 9 ft ceilings and charming bullnose corners throughout plus the elegance of ceramic flooring, with cozy carpeted bedrooms for ultimate comfort. Gather around the stunning Southwestern-style glass-enclosed propane fireplace, complete with a mantel, hearth, and beautifully crafted faux logs that evoke a cozy atmosphere. Adjacent to the hearth, a full-length sitting bench offers a perfect spot to relax and enjoy the warmth. This exquisite property boasts a kitchen that is a culinary enthusiast's delight, featuring ample counter space, an abundance of cabinets, and a convenient breakfast bar. A spacious pantry complements the setup, ensuring you have all the storage you need. Enjoy leisurely breakfasts in the adjoining breakfast nook, a perfect spot for morning routines. The heart of the home shines with tubular skylights in the kitchen, laundry, and oversized tiled walk-in shower. Split bedroom plan that promises both privacy and comfort. Enjoy the seamless indoor-outdoor flow, with glass patio doors leading off both the dining room and master bedroom onto spacious patios. Peace of mind with newer appliances, including a dishwasher, hot water heater, washer, and dryer, ensuring modern comfort and convenience. The property boasts a fully functional sprinkler system equipped with new valves, a system water shut off, and a sprinkler control panel for easy plant maintenance. Additionally, enjoy peace of mind with new garage door springs enhancing safety and reliability. A custom designed elevated lot to not only enhance the views but to accommodate runoff and prevent erosion. This unique home is surrounded by hand-placed native rock lining the front and back ditches, offering a distinct and harmonious landscape design. The rip-rapped berms elegantly frame the remaining sides, enhancing both functionality and aesthetics. Additionally, the property features attractive rock-lined drainage swails, providing efficient water management while adding to the overall charm. This property is a perfect blend of thoughtful design and natural allure. Thoughtfully designed exteriors featuring a delightful wraparound sidewalk leading to one porch, complemented by hand-placed steppingstones guiding you to the opposite porch. This property boasts an oversized 2-car garage featuring pull-down concealed wooden steps for full attic access, offering ample storage and convenience. The approach to this home is nothing short of impressive, featuring a commercial-grade compacted gravel path that seamlessly transitions into a wide concrete driveway.

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