5 Reasons You Should Sell This Summer

5 Reasons You Should Sell This Summer | Simplifying The Market

Here are five reasons listing your home for sale this summer makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is currently at a 4.2-month supply, well under the 6-months needed for a normal housing market. This means, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory could be coming to the market soon.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market this summer.

Also, builder’s confidence in the market has hit its highest mark in over 11 years. Experts are predicting that new construction of single-family homes will ramp up this summer.

The choices buyers have will continue to increase. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

Fannie Mae anticipates an acceleration in home sales that will surpass 2007’s pace. As the market continues to strengthen, banks will be inundated with loan inquiries causing closing-time lines to lengthen. Selling now will make the process quicker & simpler. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to a new low of 42 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 4.9% over the next year, according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

You can also lock in your 30-year housing expense with an interest rate around 4% right now. Rates are projected to increase in the next 12 months.

5. It’s Time to Move on with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.  Give me a call to get started – J.P. Cook – 602-320-4253.

What’s Your Home Worth?

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7252 N Via De La Montana -- Scottsdale, AZ 85258

$1,100,000 - 3Br/3Ba -  for Sale in Sands Scottsdale 1, Scottsdale
Open House
$1,100,000
3 Beds
2.5 Baths
3,440 SqFt
Status Active
MLS # 6748143
Property Type Townhouse
Price Type --
MASSIVE $$ REDUCTION UPDATED sophisticated & timeless contemporary elegance w/ a functional Modern feel. Soaring ceilings, 2 sumptuous masters 1 up 1 down & 3rd bedroom , FRESHLY PAINTED, NEW ROOF, NEW HVAC 2021 , NEW TILE FLRS T/O 2021, NEW CARPET IN bdrms May 2024,, NEW HOT WATER HEATER April 2024, SUBFLOOR REPLACED TOO! floating stairs. 3 ENTERTAINING PATIOS, UPDATED PLUMBING & DOOR HARDWARE, Loft for entertaining office/FLEX ROOM Expansive rooms & beautifully appointed. Kitchen & SPA baths updated, kitchen w/WINE REFRIGERATOR FABULOUS closets ! BACK PATIO ROOF EXTENDED WITH NEW 30' METAL BEAM, NEW FICUS BUSHES AROUND ENTIRE PERIMETER on back patio for privacy. MULTI SLIDE DOOR IN GREAT ROOM BRINGS OUTDOORS INSIDE GREAT ENTERTAINING SPACES ROLLADEN SHADES too!! Lock/Leave, Sewer scoped Back patio has 45 ficus bushes for privacy and is 24 x 35 Front patio is 15 x 20 and a morning patio off kitchen is 12 x1 2 which makes this feel like a single family residence. Pool across the street with zero maintenance from YOU!! Freshly painted throughout. Pride of ownership community, killer location, walk to Talking Stick, close to ALL night life, ball games, shopping and restaurants, lush grassed McCormick Ranch, a beautiful place to call home.STABLE neighborhood as people buy here and stay for decades. ET Wright architecture way ahead of his time. We did pre listing inspection, we are flawless now! The pizazz in this floorplan makes it feel ageless and relevant! This kind of space along w/3 outdoor living patios (front, kitchen & back) isn't seen anywhere but here! Rolladen shades make it ideal for a lock n leave! These Sands Scottsdale Townhouses have become timeless examples of contemporary architecture. Close to restaurants, shopping & night life. Great square footage for an amazing price, WE ARE THE LOWEST PER SQUARE FOOT OF ANY TOWNHOUSE IN 85258, one of a kind entertaining spaces that invite company, and a phenomenal location!! It has it ALL, makes it yours today!

4456 S Santiago Way Chandler, AZ 85248

$1,100,000 - 4Br/4Ba -  for Sale in Fulton Ranch Parcel 4, Chandler
Open House
New
$1,100,000
4 Beds
3.5 Baths
2,956 SqFt
Status Active
MLS # 6788892
Property Type Single Family Residence
Price Type --
Welcome to this move-in ready home with an attached guest quarter! Fall in love with the sweet curb appeal and welcoming courtyard. The 2-car garage, paver driveway, and RV gate allow you to bring all your vehicles. Upon entering, you'll see the luminous great room for receiving guests and the double-door den for office space. Wood/tile floors, plantation shutters, and neutral paint throughout. The family room offers immersive surround sound speakers for enhanced entertainment! Cook gourmet recipes in the eat-in kitchen showcasing a center island, granite counters, SS Monogram appliances, wood cabinets, and a pantry. The main retreat has backyard access and a spa-like ensuite with two vanities, garden tub, step-in shower, and walk-in closet. Over 13,000 sqft lot with stunning sunset views The guest quarter offers a spacious closet, full bathroom, and private entrance/exit. Ample laundry room with cabinets, utility sink, and direct access to the guest quarter. Discover a pie-shaped backyard boasting a covered patio with extended paver, green grass, view fence, and so much space to play and grow. You don't want to miss this property in Fulton Ranch!

16746 W La Reata Avenue Goodyear, AZ 85395

$1,100,000 - 2Br/3Ba -  for Sale in Pebblecreek Phase 2 Unit 60, Goodyear
Open House
$1,100,000
2 Beds
2.5 Baths
2,175 SqFt
Status Active
MLS # 6781338
Property Type Single Family Residence
Price Type --
This Nearly NEW home features an amazing backyard with multiple entertaining areas, built-in BBQ, self-cleaning sparkling pool & secluded hot tub, perfect for year round enjoyment! Inside, enjoy an open floor plan with wood-look tile, remote blinds & shutters, a gourmet kitchen with soft-close cabinets & drawers, pull outs in lowers, quartz counters, large island & high-end SS appliances w/vented hood. The spacious primary retreat includes dual sinks & walk-in closet. This home also offers a fully insulated, 2.5-car garage with A/C, chip flooring, overhead storage, utility sink & RV outlet. A flexible den & powder room complete this upgraded home. Easy-care landscaping makes this the perfect retreat! Owned SOLAR to heat pool. This home is truly a dream come true and MOVE-IN ready! This very Active Adult community includes 3-18 hole Golf Courses, 40+ Pickleball & Tennis Courts, State of the Art Fitness Centers, Creative Arts Center, Multiple resort style Pools and Hot Tubs, Theater with live performances, Casual dining, Billiards room, Bocce courts and more. Come take a look!

1810 E Mountain View Road Phoenix, AZ 85020

$1,100,000 - 4Br/5Ba -  for Sale in Cinnabar Canyon Amd, Phoenix
Open House
$1,100,000
4 Beds
4.5 Baths
3,041 SqFt
Status Active
MLS # 6704185
Property Type Single Family Residence
Price Type --
This 2013-built ''Uptown Home'' nestled in the prestigious gated community of Cinnabar Canyon Estates is primed and ready! Great views from every corner! Each bedroom boasts its own ensuite bathroom & spacious walk-in closets. The gourmet kitchen, with BRAND NEW stainless steel appliances, features custom cabinetry with convenient pull-out drawers and backsplash. A deck atop the roof, offering panoramic vistas of the valley's skyline is what this location is all about! Desert landscaping envelops the property, featuring a private yard & an expansive covered patio, perfect for entertaining. Retreat to the separate master suite, complete with a colossal walk-in closet, 8' solid core doors and soaring 10' ceilings! On a beautiful half-acre hillside lot, this 2024 remodeled gem stands out!

6996 E Mighty Saguaro Way Scottsdale, AZ 85266

$1,100,000 - 3Br/3Ba -  for Sale in Terravita, Scottsdale
Open House
$1,100,000
3 Beds
2.5 Baths
2,360 SqFt
Status Active
MLS # 6756730
Property Type Single Family Residence
Price Type --
Discover the beauty of this 2,360 sq. ft. Stella model in the prestigious guard-gated community of Terravita in Scottsdale. This single-level home offers a spacious and thoughtfully designed layout, perfect for easy living and entertaining. The large windows fill the home with lots of natural light and great view of the backyard oasis. Kitchen includes updated appliances with just enough space to entertain. Some of the updates: Primary and 2nd bathroom have been beautifully updated, Newer roof, pool resurfacing, pool pump and remote shades on some windows. Residents of Terravita enjoy access to top-tier amenities, including a world-class golf course, tennis courts, Pickleball, fitness center, community pool, and scenic walking trails. Don't miss the chance to own this exceptional home in one of Scottsdale's most desirable communities!

6841 N 183rd Avenue Waddell, AZ 85355

$1,099,999
5 Beds
3 Baths
3,416 SqFt
Status Active
MLS # 6708808
Property Type Single Family Residence
Price Type --
Own a beautiful Updated HORSE PROPERTY with attached GUEST HOUSE. This irrigated, 2-acre lot features a lighted riding ARENA and multiple covered stalls ready for your horses. The UPDATED interior boasts an open floor plan with clean lines promoting a modern design. The tall VAULTED CEILINGS & skylight add a spacious feel & abundant natural light. Freshly painted interior highlights some of the main features including plank tile flooring, recessed lighting, a charming dining area, and a sizable living room with a fireplace. The impeccable kitchen showcases plenty of shaker style cabinets, custom tile backsplash, GRANITE countertops, stainless steel appliances, double ovens, induction cooktop and an oversized island with under counter cabinets. Newer roof and 1 New AC 2024. The owner's suite offers backyard exit, a sitting room, and a full ensuite with dual sinks & jetted tub. Convenient den ideal for an office. You'll also find an attached guest house fully equipped with a full kitchen with new appliances, a great room with fireplace, and a large bedroom with a bay window, a full bathroom with jetted tub, and a walk-in closet. The backyard is tastefully divided; it offers a well-sized patio surrounded by lush vegetation and lots of space for fun & games. In addition, there're many stalls, and tons of space for horses to roam. The home has upgraded insulation and a radiant barrier and LED lights throughout for energy efficiency. Enjoy the country-style living this unique value offers.

17565 E Blaze Lane Rio Verde, AZ 85263

$1,099,999
2 Beds
2.5 Baths
2,441 SqFt
Status Active Under Contract
MLS # 6685314
Property Type Single Family Residence
Price Type --
Welcome to this stunning fully furnished Cordoba Model home with luxurious features and ample space for comfortable living. This captivating residence offers 2 bedrooms plus a den, providing flexibility for various living arrangements. With 2.5 bathrooms spread across 2,441 square feet of meticulously designed space, every corner of this home exudes elegance and functionality. Step inside to discover a split floor plan that ensures privacy and convenience. The heart of the home is the expansive kitchen, boasting GE Monogram Gas Gourmet Appliances, perfect for culinary enthusiasts. Entertain effortlessly in the Great Room, where an impressive 20-foot slider door floods the space with natural light and seamlessly connects indoor and outdoor living. Indulge in the luxury of a dedicated wine space equipped equipped with two wine fridges. Upgraded flooring throughout adds to the home's sophisticated charm, while the laundry room offers convenience with 30 upper cabinets, lower cabinets, and built-in desks. Situated on an oversized premium lot spanning 12,782 square feet, this home features a fenced yard for added privacy and security. Enjoy outdoor gatherings on the covered patio with brick pavers, complemented by a large fire pit for cozy evenings under the stars. The 2-bay oversized garage, complete with an AC unit, provides ample space for storage and parking. Custom landscaping surrounds the property, including a large putting green, perfect for outdoor recreation and relaxation. Experience luxury living at its finest in this meticulously crafted home, where every detail has been thoughtfully designed for your comfort and enjoyment. Make this your dream home come true!

6925 E Ashler Hills Drive Scottsdale, AZ 85266

$1,099,999
6 Beds
3 Baths
2,412 SqFt
Status Active
MLS # 6738852
Property Type Single Family Residence
Price Type --
Wow, just wow! Welcome to your dream home, nestled on over 2 acres of a desired corner lot with a charming courtyard! Discover an expansive living & dining room w/gas fireplace & plush carpet, fire sprinklers, soothing paint tones, ceiling fans, & a bright family room w/stylish laminate flooring & easy access to the back patio. The fully equipped kitchen boasts an electric cooktop, a wall oven, beautiful wood cabinetry, ample counter space, & an island w/breakfast bar. Plantation shutters & wood-look floors in all bedrooms! The main retreat offers backyard access, a walk-in closet, & its own bathroom. Don't miss the custom sauna for ultimate relaxation! Escape to the backyard paradise featuring a covered patio, a storage shed, a fenced diving pool, a basketball hoop, & plenty of room for additions & recreational toys. Enjoy the perfect location with stunning mountain views & quick access to North Scottsdale & Cave Creek, offering the best restaurants, shopping, and golf experiences. Move-in ready! This value will not disappoint!

7498 E Timberlane Court Scottsdale, AZ 85258

$1,099,999
3 Beds
2.5 Baths
2,575 SqFt
Status Active
MLS # 6750561
Property Type Single Family Residence
Price Type --
You'll LOVE this gorgeous 3 bed +DEN, 2.5 bath two-story home in the desirable Eastwood Community! Nestled on a quiet cul-de-sac, this beauty displays a 2-car garage, mature landscape w/shade trees, & a front patio w/Saltillo floors. Home exudes elegance with stylish light fixtures, abundant natural light, a neutral palette, and tasteful flooring - stone tile & Berber carpet in all the right places. The welcoming living room, with a fireplace & dramatic vaulted ceilings, perfectly flows onto the cozy dining area. Open-concept family room, featuring a wet bar w/wine cooler & sliding doors merging the inside/outside activities. The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, white cabinetry, and a breakfast area w/bay window All bedrooms are upstairs! Large main bedroom has French doors that open to the attached balcony and an ensuite with dual sinks & two walk-in closets - one is spacious. An added perk is the bonus room, ideal for an office, TV area, or playroom. If entertaining is on your mind, the impressive back & side yards await you! With covered patios, a greenhouse, multiple seating areas, and a sparkling pool, this space promises year-round enjoyment. What's not to like? This gem won't disappoint!

W Adobe Dam Road Queen Creek, AZ 85144

$1,099,900
4 Beds
3 Baths
3,081 SqFt
Status Active
MLS # 6336046
Property Type Single Family Residence
Price Type --
TO BE BUILT! New 4 bedroom 3 bath on 3.3 acre horse property NO HOA lot! Standard features include 4-car garage, granite throughout, stainless, covered patio(s), tile roof, and more! Plenty of time for Buyer selections of cabinets, flooring, paint, etc... estimated completion 7-8 months from ground-breaking. Drive by only.

7175 E Camelback Road Unit 107 Scottsdale, AZ 85251

$1,099,900
2 Beds
2.5 Baths
1,243 SqFt
Status Active
MLS # 6751818
Property Type Apartment
Price Type --
Nestled in the heart of Scottsdale's lively community, this exquisite ground-floor condo at the Scottsdale Waterfront Residences offers a rare find. With 2 bedrooms, 2.5 baths, and stunning views of the tranquil canal and lush park, this residence combines luxury with comfort. The bright, open living space is enhanced by elegant Lutron lighting and crown molding. The gourmet kitchen is a chef's dream, featuring high-end appliances and top-notch finishes. Included are two dedicated garage parking spaces and a spacious storage room. Residents enjoy exceptional amenities, including 24-hour security, a rooftop pool, a stylish resident club room, a wine cellar, a premier fitness center, and valet parking. All this is just moments away from world-class dining, upscale shopping, and more!

4913 W Hackamore Drive Phoenix, AZ 85083

$1,099,900 - 4Br/4Ba -  for Sale in Indian Springs Estates Lot 1-132 Tr A-f, Phoenix
New
$1,099,900
4 Beds
3.5 Baths
4,525 SqFt
Status Active
MLS # 6789328
Property Type Single Family Residence
Price Type --
Nestled on a corner lot just under half an acre, this stunning 4-bedroom, 3.5-bathroom home features a finished basement and versatile spaces, perfect for modern living. The open-concept kitchen, a chef's dream, includes granite countertops, double wall ovens, and abundant storage. The adjoining family room offers a cozy yet spacious retreat for gatherings. An elegant formal living room and dining area with expansive glass windows looking out to backyard brings the outside in. The primary suite boasts two walk-in closets, recessed lighting, and a spa-inspired bathroom with dual vanities, two private water closets, and a luxurious ambiance. A versatile den with French doors and built-in bookcases makes for the ideal home office or library. Upstairs, a second bedroom connects to an upgraded bath with double sinks for added convenience. The 1,200-square-foot finished basement expands the living space with a recreation room, two additional bedrooms, and ample storage. Outdoors, enjoy the serene raised patio with a tranquil waterfall and a built-in barbecue area equipped with water and electricity. The sprawling space offers plenty of room to play or entertain, while a private, air-conditioned bonus room accessed from the yard is perfect for hobbies or projects. Additional highlights include 12-foot ceilings, spacious laundry room with built-in cabinetry and sink, a 4-car garage with extra storage, a charming west-facing courtyard, and a PH1000 whole-house water filtration system with an 8-year warranty. Conveniently located near schools and shopping, this home seamlessly combines luxury, functionality, and style.

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