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.

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24351 N 97th Drive Peoria, AZ 85383

$4,997,000
4 Beds
5 Baths
6,843 SqFt
Status Active
MLS # 6769072
Property Type Single Family Residence
Price Type --
Welcome to this stunning, one-of-a-kind modern masterpiece nestled in the heart of Peoria, Arizona. This luxurious 4-bedroom residence boasts an extraordinary design that seamlessly blends indoor and outdoor living, reminiscent of the vibrant style found in Miami. As you approach the home, you're greeted by sleek lines and a contemporary façade that sets the tone for the elegance within. Step inside to an expansive open floor plan, where high ceilings and an abundance of glass windows and doors flood the space with natural light. The living area effortlessly flows into a state-of-the-art kitchen, featuring top-of-the-line appliances, quartz countertops, and a spacious island perfect for entertaining. Each of the four bedrooms offers a private retreat, with generous closet space and en-suite bathrooms that showcase modern fixtures and finishes. The highlight of the property is the large casita, ideal for guests or as a private office, providing versatility to suit your lifestyle. Step outside into your own paradise: the outdoor kitchen is a chef's dream, complete with a built-in grill and ample seating, perfect for hosting unforgettable gatherings. The 966 sq ft pool and hot tub invite relaxation and rejuvenation, surrounded by beautifully landscaped grounds that enhance the home's serene ambiance. With expansive covered patios that blur the lines between indoor and outdoor spaces, this home is designed for the ultimate Arizona lifestyle. Whether you're lounging by the pool, entertaining guests, or simply enjoying a sunset, this property offers a unique blend of luxury and comfort that truly feels like a desert escape. Don't miss the opportunity to own this extraordinary modern home in Peoriawhere sophistication meets style in perfect harmony.

12140 N 106th Street Scottsdale, AZ 85259

$4,997,000
7 Beds
6.5 Baths
6,063 SqFt
Status Active
MLS # 6596266
Property Type Single Family Residence
Price Type --
NEW CONSTRUCTION - permits ready and we are set to break ground on this exceptionally designed Modern Luxury Estate brought to you by Blue Sky Homes. Boasting roughly 5226 SF this home is an entertainer's dream, with open kitchen, large sliding door system to the backyard and a split bedroom floor plan and with 10'+ ceilings. Guest will feel welcomed in the spacious 800+ SF casita overlooking resort style backyard. This amazing home is located in the popular Cactus/Shea corridor close to shopping, dining, as well as hiking trails. Don't miss out on the opportunity to semi customize this desert gem before it's too late. *Pictures used to reflect floor pan, not actual property. This property is located on Lot B of the site.

36421 N 105th Place Scottsdale, AZ 85262

$4,995,000
4 Beds
4.5 Baths
5,208 SqFt
Status Active
MLS # 6620771
Property Type Single Family Residence
Price Type --
Framing is done, home completion Spring 2025! Right sized at 5208 feet, three bedrooms plus guest house and lots of covered outdoor patio area for modern desert living at Mirabel. Great room with soaring 16´ceilings, looking through retractable glass wall to pool/spa and a view of Pinnacle Peak. South facing rear yard is perfect exposure for AZ living. Double oversized 2-car garages fit four luxury vehicles (or your expensive toys on lifts!) comfortably. Light and bright throughout, Wolf/Subzero gourmet kitchen, full wet bar with pocketing windows out to patio, his and hers water closets in owner's suite. Flex room for gym, second office, workspace, or storage. Two secondary ensuite bedrooms and den. Free-standing guest house makes having guests more fun! CW's Touchpoint Home Management program will help you take care of your home; you've worked hard enough already! Complete specifications available, hurry while there's still time to customize and make it yours! Images are intended to convey overall design direction for this home but final specifications are subject to change. Contact Calvis Wyant Luxury Homes for up to date details. Please call Listing Agents to show, thank you!

7022 E Paradise Drive Scottsdale, AZ 85254

$4,995,000
5 Beds
5.5 Baths
5,200 SqFt
Status Active
MLS # 6764263
Property Type Single Family Residence
Price Type --
Welcome to your dream resort! A breathtaking contemporary new build by renowned Design Tank architect, Tyler Kuenzi. This property combines modern elegance with unparalleled comfort. Spanning 5200 sq ft, this exquisite custom built residence features 5 spacious bedrooms, each with its own en-suite bath featuring stunning, fixtures, plus an additional powder room for guests. As you enter, you're greeted by an airy open-concept living space flooded with natural light. The state-of-the-art kitchen boasts Subzero/Wolf/Cove appliances, Shinnoki cabinetry, and a generous Taj Mahal quartz island perfect for entertaining. The adjoining dining area flows seamlessly into the inviting living room, highlighted by a stylish fireplace and large Western brand windows that showcase picturesque view. The master suite is a true retreat, complete with a luxurious spa-like bathroom featuring dual vanities, a soaking tub, and a walk-in shower. Each additional bedroom offers ample closet space and beautifully designed baths, ensuring comfort and privacy for everyone. Step outside to the beautifully landscaped resort-style backyard, including a private pickle ball court, ideal for alfresco dining or simply relaxing in your private oasis. Additional highlights include a large pantry, atrium, a spacious laundry room, and a four-car garage. Located in a desirable 85254, this home is just minutes away from top-rated schools, parks, and vibrant shopping and dining options.

5113 W Arrowhead Lakes Drive Glendale, AZ 85308

$4,995,000
6 Beds
5.5 Baths
6,500 SqFt
Status Active
MLS # 6783773
Property Type Single Family Residence
Price Type --
Welcome to Arrowhead Manor Estates, where luxury meets tranquility in the NW Valley's most exclusive hillside community. This expansive 6,500 sqft masterpiece offers 6 bedrooms, 5.5 baths, and is situated on a sprawling 2-ACRE, mostly flat, mountainside lot with panoramic city and mountain views that create a breathtaking backdrop from sunrise to sunset. Designed with entertaining in mind, the outdoor spaces are unrivaled. Enjoy Arizona's sunny climate on the full-size sport court for, pickleball, tennis or hoops! Take a dip in the infinity-edge pool overlooking the Valley, or unwind by the firepit under the stars. A fully equipped outdoor kitchen and multiple lounging areas make this home a true oasis for gatherings both intimate and grand. Step inside to discover soaring beamed ceilings a warm and inviting living space, and a gourmet kitchen equipped with high-end appliances and ample counter space. The home theater promises memorable movie nights, while the detached casita offers privacy and comfort for guests or multi-generational living. This estate is also powered by a fully owned solar system, blending eco-conscious efficiency with luxury living. Nestled within a private, gated community of multi-million-dollar estates, this property offers a rare opportunity to experience exclusive, serene living without sacrificing convenience. Originally, these were two separate acre lots and they can be subdivided again to build a second home!

9898 E Legacy Lane Unit 3686 Scottsdale, AZ 85255

$4,995,000
3 Beds
3.5 Baths
4,415 SqFt
Status Active Under Contract
MLS # 6784430
Property Type Single Family Residence
Price Type --
Nestled in the serene enclave of Arcadia at Silverleaf, this exquisite custom 4415 square foot, single-level residence combines the size, style and quality in such high demand today. Designed and built by Dale Gardon and Salcito Custom Homes, the quality of construction and finishes are exactly what you'd expect, providing both modern comfort and timeless elegance. It's park location and curb appeal set the stage and the lush landscaping enhances and preserves the total privacy. Enter the home through a large foyer into a fantastic great room filled with an abundance of natural light. A large pocket door system leads to an expansive covered patio, pool, ramada and BBQ center, creating an ideal space for indoor-outdoor living, perfect for gatherings of all kinds.

9203 E Happy Hollow Drive Scottsdale, AZ 85262

$4,995,000
4 Beds
4.5 Baths
7,308 SqFt
Status Active
MLS # 6617612
Property Type Single Family Residence
Price Type --
Experience the epitome of luxury living in this exquisite Desert Mountain home designed by award winning builder Peter Magee, offered with a rare Golf Membership. The Family Room is an entertainer's dream and opens to the well-appointed and tastefully designed kitchen offering upgraded appliances, two islands and Brazilian soapstone countertops. The Great Room boasts an elegant wet bar and multiple lounging areas. A private and inviting owner's wing includes a spa like ensuite, oversized walk-in closet and separate laundry room. An abundance of natural light fills the home by day and cool evenings draw you to the expansive outdoor living spaces which include alfresco dining and a heated pool & spa to capture sunset, golf course, mountain & city light views. A true contemporary masterpiece

7291 N 71st Place Paradise Valley, AZ 85253

$4,995,000
6 Beds
8 Baths
8,412 SqFt
Status Active
MLS # 6635976
Property Type Single Family Residence
Price Type --
The best priced property, in one of the most prestigious neighborhoods of Paradise Valley, this home is a must see... The quiet & peaceful lot features an outstanding 8,412 SqFt residence in the exclusive Cheney Place (only 20 private homes in the community) boasts impeccable craftsmanship & artistry enhanced by lush landscaping and a captivating central fountain. This masterpiece includes a FULLY-FURNISHED family chapel, as well as a FULLY-FURNISHED 2 bedroom Guest House equipped with a full kitchen, a fireplace, a jetted tub, its own 2-car garage, and a seating area with a grill. Ideal for in-laws or extended family. The main house showcases 4 bedrooms, a sitting room, an office, a movie theater and a 3-car garage (5 total garage spaces including guest house garage). Access through the grand entrance to experience sheer beauty & custom details throughout (backyard furnishings also included). Abundant natural light graces every corner, from the formal living room to the large dining room that overlooks the front yard and the massive family room with a fireplace & a wet bar. This beauty features soaring tray ceilings, elegant chandeliers, an intercom, rounded archways, refined tile flooring, classical pillars, artful niches, plantation shutters, a central vacuum, and recessed lighting. The striking kitchen is a testament to culinary perfection! Hand-carved wood detailing, granite countertops, a large peninsula, a central island, and NEW Viking appliances demonstrate unparalleled luxury. The laundry room also features brand NEW spare appliances such as an all new double oven and even a new washer & dryer set! Relish morning views in the sunlit breakfast nook or indulge in the exceptional wine cellar that can fit up to 868 bottles. The opulent master retreat has a fireplace & a generous sitting room with private access. The lavish en-suite bath comes with dual vanities, a make-up vanity, a jetted tub with a glass block wall allowing abundant natural light in, and a bountiful walk-in closet. This impressive home has a second master bedroom with its own bathroom & a jetted tub. There is more! Work from home in the sizable office or enjoy unlimited movie nights in the spectacular home theater, which is soundproof & has a brand-new projector & receiver. The awe-inspiring backyard is a complete paradise offering al fresco dining areas, an outdoor kitchen, serene fountains, a resort-style heated pool & spa, a fire pit with built-in seating, re-coated flooring, and an entertainer's game room with a fireplace & a wet bar. 3-car garage attached to main house for added convenience. Don't forget about the cozy billiard area under the Pavilion in the backyard, the perfect area for joyful gatherings with family & friends. This magnificent value is a statement!! The pool has also been completely re-tiled/re-chipped & new pebble added as of 9/13/24! The exclusive Cheney Place gated community only has 20 lots. Words alone cannot capture its essence. Don't miss out on this opportunity to own this gem before it's too late!

6044 E Calle Del Paisano -- Scottsdale, AZ 85251

$4,995,000
5 Beds
5 Baths
5,235 SqFt
Status Active
MLS # 6721789
Property Type Single Family Residence
Price Type --
This quintessential Arcadia residence is located on a quiet, cul-de-sac street with no through traffic and offers the ideal lifestyle in a highly desirable neighborhood. Newly constructed in 2023 by Bolte Homes and ticking all the boxes, from the moment you enter the charming front courtyard you know something special lies ahead. The layout is ideal with a total 5235 sq ft. 3484 sq ft on the main level, which features a stunning great room, gourmet kitchen with butlers pantry, spacious primary suite and separate wellness room. The 1751 sq ft basement features two bedrooms, one and half baths, game room, wet bar and theatre room. The backyard and outdoor space is a dream and features a sparkling pool with swim up bar, spa and huge covered ramada with grill with lounge seating. Simply put, you'll never want to leave. Thoughtful design, attention to detail and custom finishes throughout. With gorgeous views of Camelback Mountain to top it off - this incredible home has it all.

10207 E Diamond Rim Drive Unit 2121 Scottsdale, AZ 85255

$4,995,000 - 5Br/5Ba -  for Sale in Silverleaf At Dc Ranch, Scottsdale
Open House
$4,995,000
5 Beds
5 Baths
5,660 SqFt
Status Active
MLS # 6753179
Property Type Single Family Residence
Price Type --
Situated on a rare 1/2 acre corner lot, you'll enjoy privacy, and plenty of lush, mature landscaping, and the ease of hopping in a golf cart to get to Silverleaf Country Club. A private courtyard entrance will lead you to the entry as you meander through the meticulously maintained rose gardens, a bubbling fountain and large blue tiled swimming pool, and spa. The open great room has a grand feel as it's accented with a Cantera stone arch, soaring ceilings with hand-hewn beams, and telescoping doors that open up to the covered patio, and additional center courtyard with charming stone fireplace to add to the ambiance while entertaining. No additional expenses needed on this home, as the owner has recently completed a renovation to include, new lighting throughout, fully remodeled bathrooms with designer tiles, and plumbing fixtures. The kitchen is a dream to cook in as it has a large center island adorned with South American Quartzite and Cristallo translucent Quartzite, Wolf 6 burner gas range with griddle, Wolf double ovens, coffee bar, and 3 tall sub-zero wine refrigerators. Exterior was renovated with new landscaping, new landscape lighting, and Rhinosheild paint. The main house features three spacious guest bedrooms with en-suite bathrooms that any guest will enjoy. An elevator leads to the primary suite with a large sitting room, spacious his/hers custom closets, and luxurious bathroom with dual vanities, make- up vanity soaking tub, and over-sized shower. The office has lovely built-ins and french doors that lead to a secret garden with a stone fireplace. Retreat to the detached, 462 sq ft Casita, to enjoy an afternoon of sewing, gaming, or fitness. The Crestron system is the brains of the home, and has been fully updated in 2023, along with 7 new HVAC units for the home. This home also features a 3 car garage and plenty of storage space.

40660 N 109th Place Scottsdale, AZ 85262

$4,995,000 - 4Br/5Ba -  for Sale in Desert Mountain, Scottsdale
Open House
$4,995,000
4 Beds
5 Baths
6,875 SqFt
Status Active
MLS # 6649794
Property Type Single Family Residence
Price Type --
Welcome to 40660 N 109th Place, a Desert Contemporary masterpiece originally designed by renowned architect David J. Wade, a native Arizonian. This extraordinary home has undergone a complete renovation, resulting in a harmonious blend of modern luxury and natural beauty. Nestled within the breathtaking high desert landscape, the home boasts strategically placed picture windows that frame the majestic mountain views from every vantage point. Situated on two spacious lots within the prestigious Desert Mountain Country Club, this residence offers a level of exclusivity and privacy that is truly unparalleled. The meticulous attention to detail is evident throughout the property, featuring grand coffered ceilings, exquisite French oak floors, elegant limestone fireplaces, and precast exposed concrete block walls that pay homage to the iconic designs of Frank Lloyd Wright. Immerse yourself in the sheer magnificence of this architectural masterpiece by touring the home in person. Prepare to be captivated by the seamless integration of indoor and outdoor living spaces, the finest craftsmanship, and the awe-inspiring natural surroundings. This is a once-in-a-lifetime opportunity to own a true desert sanctuary that embodies the essence of luxury living.

6271 E Horseshoe Road Paradise Valley, AZ 85253

$4,990,000
4 Beds
5 Baths
5,134 SqFt
Status Active
MLS # 6756810
Property Type Single Family Residence
Price Type --
Fully furnished golf course modern with soaring ceilings and Mummy Mountain views! Newly remodeled kitchen, flooring, bedrooms, and bathrooms. Entertainers dream with new heated pool/spa and outdoor BBQ area. Located on Camelback Country Clubs Ambiante Golf course, beautiful flowers surround sidewalks and jogging/ biking paths. In the A+ rated CCC school district and moments from central Scottsdale's shops, restaurants and grocery stores. Split floorplan of primary suite with his and hers bathrooms and closets and generous bedroom on one side, office/den and two additional ensuites on the other. Large formal living and second entertaining space off of the kitchen. No interior steps and immaculacy furnished in Restoration Hardware.

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