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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17882 W Pinnacle Vista Drive Surprise, AZ 85387

$498,000
4 Beds
3 Baths
2,048 SqFt
Status Active
MLS # 6703679
Property Type Single Family Residence
Price Type --
Beautiful four bedroom house with three bathrooms. The backyard is ready for you to get out and enjoy the outdoors and includes a great spa. Great features throughout the home and a three car garage. Master bathroom has been upgraded with a great new walk-in shower. Come check out this great home that is ready for you to move into today!

4103 S Lois Lane Sierra Vista, AZ 85650

$498,000 - 4Br/2Ba -  for Sale in Metes And Bounds, Sierra Vista
New
$498,000
4 Beds
2 Baths
2,159 SqFt
Status Active
MLS # 6705781
Property Type Single Family Residence
Price Type --
New construction. 2,160 sf open concept, split plan, 4BD/plus Den/Office/2BA custom home with 3-car garage. White painted cabinets with hardware, and granite counter tops throughout (including utility/laundry). Kitchen features large island, pantry, subway tile backsplash, and pendant lights over large island. Vaulted ceilings in Living, Kitchen, and Dining. Baths feature double sinks, subway tile shower and bath surrounds. Luxury vinyl plank (LVP) flooring throughout entire house. Master suite has huge walk-in closet, double sinks, and large walk-in shower with two niches. Ceiling fans in Living, all bedrooms and Den. Huge back patio and large backyard with block fence. This home is nestled within a beautiful custom home neighborhood and boasts breathtaking panoramic mountain views.

4103 S Lois Lane Sierra Vista, AZ 85635

$498,000
4 Beds
2 Baths
2,160 SqFt
Status Active
MLS # 6683150
Property Type Single Family Residence
Price Type --
Stunning 2,160 sf open concept, split plan, 4BD/plus Den/Office/2BA custom home with 3-car garage. White painted cabinets with hardware, and granite counter tops throughout (including utility/laundry). Kitchen features large island, pantry, subway tile backsplash, and pendant lights over large island. Vaulted ceilings in Living, Kitchen, and Dining. Baths feature double sinks, subway tile shower and bath surrounds. Luxury vinyl plank (LVP) flooring throughout entire house. Master suite has huge walk-in closet, double sinks, and large walk-in shower with two niches. Ceiling fans in Living, all bedrooms and Den. Huge back patio and large backyard with block fence. This home is nestled within a beautiful custom home neighborhood and boasts breathtaking panoramic mountain views.

25657 N 185th Drive Wittmann, AZ 85361

$497,995
3 Beds
2 Baths
1,693 SqFt
Status Active
MLS # 6669478
Property Type Single Family Residence
Price Type --
The Bronze floor plan would certainly take home gold for design! This ranch-style home centers around an open layout with a dining area, a kitchen with a center island, and a great room with center-meet doors leading to the covered patio. The primary suite is adjacent, and showcases a generous walk-in closet and a private bath. Two bedrooms and a second bath complete the residence, which also includes an attached RV garage. You'll love the professionally curated fixtures and finishes selected by our design team!

17708 W Silverwood Drive Goodyear, AZ 85338

$497,950
3 Beds
2 Baths
1,935 SqFt
Status Active
MLS # 6677807
Property Type Single Family Residence
Price Type --
Up to 3% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6677807 Ready March! Discover the Zafiro plan with 3 bedrooms and flex space. Enjoy curb appeal with a landscaped front yard and paver driveway leading to the porch. Perfect for entertaining, living space and covered patio are on one side, while bedrooms and flex room are on the other. Owner's suite offers privacy with walk-in closet, dual vanities, and walk-in shower. Located in a gated, active adult community with resort lifestyle in Estrella Mountain Foothills. Structural options include: paver front porch, multi-slide door at gathering, upgraded square corners, 5' baseboards, 8' interior doors, and pre-plumb reverse osmosis system.

9906 E Tamery Avenue Mesa, AZ 85212

$497,840
3 Beds
2.5 Baths
1,965 SqFt
Status Active
MLS # 6701113
Property Type Single Family Residence
Price Type --
Available NOW!! Check out this Beauty! 3 bedrooms, 2.5 bath with a loft and split garage!! Enjoy all the upgrades and amenities such as 42' white cabinets, white backsplash and gorgeous granite countertops!! First floor is all tile. Large master closet and Walkin shower. Appliances INCLUDED!! Come see today 🙂

19032 N 83rd Lane Peoria, AZ 85382

$497,500
2 Beds
2 Baths
1,357 SqFt
Status Active
MLS # 6696335
Property Type Townhouse
Price Type --
This beautifully remodeled golf course home in Westbrook Village's premier 55+ community truly stands out with its array of features and amenities. Let's delve into what makes it exceptional: The kitchen has been tastefully updated with Quartz countertops and stainless-steel appliances, combining style with functionality for cooking enthusiasts. The bathrooms have been modernized to provide comfort and elegance, adding to the overall appeal of the home. The open living area, featuring a full glass wall slider, offers panoramic views of the golf course, creating a serene and inviting ambiance. Tile flooring and vaulted ceilings enhance the spaciousness and elegance of the home, while wood shutters add a touch of sophistication and elegance of the home, while wood shutters add a touch of sophistication. The master bedroom not only offers comfort but also provides a designated office space overlooking the golf course, perfect for remote work or leisurely activities. 2 car garage with epoxy floors, new water softener, new hot water heater. The outdoor patio serves as a tranquil retreat for outdoor gatherings and relaxation, allowing residents to enjoy the picturesque views and pleasant weather. Residents can take advantage of a wide range of amenities, including golf, double restaurants, RV parking, and convenient access to essential services like doctors, shopping, banks, and freeways. Community Safety: The presence of the Posse, which patrols the community, enhances safety and security, ensuring residents feel protected and at ease. Active Lifestyle: Living in Westbrook Village offers a vibrant and active lifestyle, with opportunities for golfing, socializing, and enjoying the beautiful surroundings, fostering a sense of camaraderie among residents. Being part of a 55+ community provides a sense of community and shared experiences among residents who are in a similar stage of life, creating a supportive and welcoming environment. Overall, this home offers a perfect blend of luxury, comfort, and convenience, making it an ideal retreat for those seeking a fulfilling Arizona living experience in Westbrook Village's premier 55+ community.

1773 N 213th Drive Buckeye, AZ 85396

$497,500
4 Beds
2.5 Baths
2,406 SqFt
Status Active
MLS # 6704360
Property Type Single Family Residence
Price Type --
Welcome to this gorgeous home boasting a well-thought-out layout with 4 bedrooms, 2.5 bathrooms, a 3-car tandem garage, and an easy-care backyard! You will love the open floor plan with a beautiful kitchen featuring granite countertops, stainless steel appliances, a walk-in pantry, a stylish tile backsplash, and a spacious island with a breakfast bar. The great room has recessed canned lights and neutral wall tones. The primary suite has a neutral aesthetic with a lavish ensuite bathroom featuring a dual sink vanity, a separate shower and soaking tub, and a huge walk-in closet! The remaining bedrooms are move in ready and bedroom 2 and 3 have walk-in closets! Outside in the backyard, there is a paver stone-covered patio, an above-ground spa, a BBQ Station, and an RV gate! Do not miss out on this beautiful home! Welcome to Sienna Hills, an amenity-rich community with resort-style amenities designed for both relaxation and adventure. Dive into serenity in the sparkling pool overlooking the majestic peaks, unwind in the luxurious spa, or explore endless outdoor activities like hiking trails, volleyball courts, and playgrounds!

6223 N 12th Street Phoenix, AZ 85014

$497,500
2 Beds
2.5 Baths
1,461 SqFt
Status Active
MLS # 6627392
Property Type Townhouse
Price Type --
Stunning and spacious 2 bed, 2.5 bath townhome located in a convenient and desirable Uptown Phoenix neighborhood. This townhome has been thoughtfully renovated with attention to detail and style. New LVP flooring and paint throughout, quartz countertops, shaker cabinets, designer hardware, and upgraded Stainless Steel appliances. Each bedroom has its own oversized walk-in closet and en suite bathroom with double vanities and Delta faucets. There are two private patios and a 2-car attached garage. Close to major highways, great restaurants, shopping, Sky Harbor Airport and more. Don't miss the opportunity to own this exceptional home in Uptown Phoenix! It won't last long!

38407 N Front Runner Lane San Tan Valley, AZ 85140

$497,490
4 Beds
3 Baths
2,549 SqFt
Status Active
MLS # 6701038
Property Type Single Family Residence
Price Type --
Welcome to Wales Ranch! San Tan Valley's newest master planned community with a wealth of amenities to enjoy. Conveniently located with easy access to great local attractions and amenities, including shopping and dining at Queen Creek Marketplace, outdoor recreation at San Tan Regional Park, fresh produce at Schnepf Farms and popular sites such as Queen Creek Olive Mill. A copy of the public report is available on the Arizona Department of Real Estate's website.

23806 N 162nd Avenue Surprise, AZ 85387

$497,460
4 Beds
3 Baths
2,363 SqFt
Status Active
MLS # 6674716
Property Type Single Family Residence
Price Type --
POPULAR ESCALANTE Community, INCENTIVES TOWARDS FINANCING, Pinecrest Plan, 4 bedroom, 3 Baths, 2 Car Garage, 9 Foot Ceilings With 8 Foot Interior Doors On Both Floors, Gourmet Kitchen, HIGHLY UPGRADED FLOORING, CABINETS COUNTERTOPS, 2 Inch Pearl White Blinds, OPEN Floor plan, 16 Foot Atrium Glass Doors, Ceiling Fans In All Rooms. Energy Star Qualified Home, Indoor Air Plus, 8 Foot Tall Garage Door, Located A Short Distance From The Community Pool Area, Picnic Area, Tot Lots, Basketball, Pickle Ball Courts And So Much More. Buyer May Still Select Appliances, Schools And New Shopping Center Nearby. Full Builder Warranty.

2004 N Lake Breeze Road Lakeside, AZ 85929

$497,000
2 Beds
2 Baths
1,170 SqFt
Status Active
MLS # 6694622
Property Type Single Family Residence
Price Type --
Beautifully FURNISHED by LAKES! True pride of ownership shines in this gorgeous 2 bed, 2 bath home, located in the gated community Creekside. This open concept house features a stunning accent TV wall, a floor to ceiling stone fireplace, and vaulted ceilings. The kitchen has a large island, upgraded cabinetry with lighting underneath & on the floor, and a fabulous backsplash that goes up to the ceiling! The large master bedroom has a custom-made wall with an electric fireplace and inset TV, along w/ a walk-in closet and ensuite bathroom. All bathrooms are upgraded to coordinate with the kitchen. The back deck is a dream w/ a privacy screen on the side, perfect for enjoying the cool mountain air - just a few steps away, you can also enjoy your lovely private hot tub!! This home is exquisitely furnished - a designer's dream! Everything is done to perfection. It's ready for you to move in. The kitchen it truly amazing with a gas cook top. All appliances are Frigid Air Professional Series. The counter space is great with a large center island with bar stools. There is a pantry too. Lovely designer touches throughout from lighting, fixtures and other finishes. The guest bedroom has a custom-made queen over queen bunk bed that is suitable for adults. Walk in laundry with extra storage. Behind the water closet in the primary bedroom is a large linen closet. The master/primary shower has floor to ceiling tile with accent river rocks. There is also a double sink vanity. Rainbow lake is just around the corner to boating, kayaking, canoeing or fishing. Creekside - gated community is centrally located, close to everything. The home has a 2 car garage for toys and storage! Imagine living in the White Mountains of Arizona where you have 4 beautiful seasons and where you can breathe in the fresh mountain air and enjoy the 40 lakes and over 600 miles of rivers and streams. In addition to the amazing fishing, this area has one of the most extensive trail systems in the southwest for hiking, biking, horseback riding, quadding and more. Sunrise Ski Resort is also just 40 minutes away with 3 beautiful mountains to ski, snow board or sled. If shopping is your interest, you will love the antique stores and the multitude of arts and craft shows that happen in the summer. The music festivals have something to fit everyone's enjoyment. Do you love to golf? There are 7 amazing golf courses, 3 that are public. The White Mountains, where this home/cabin is the best kept secret of Arizona! Come and explore and enhance your living! Pinetop-Lakeside was also voted 'Best Cabin Region in the U.S... Embrace the MAGIC!

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