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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2614 N 15th Street Phoenix, AZ 85006

$639,900
3 Beds
2.5 Baths
1,972 SqFt
Status Active
MLS # 6735434
Property Type Single Family Residence
Price Type --
This exceptional home offers quality and low-maintenance living in the heart of Coronado. Completely rebuilt in 2016, the home was taken down to the studs and updated with all-new electrical, plumbing, insulation, and premium finishes throughout. The thoughtfully designed floor plan includes an inviting library with raised ceilings and floor-to-ceiling bookshelves, a spacious primary suite with vaulted ceilings and a luxurious en suite bath, and a gourmet kitchen equipped with a breakfast bar, pantry, and high-end AGA range. Modern upgrades include dual HVAC systems with WiFi thermostats, energy-efficient dual-pane windows, hardwood flooring, a tankless water heater, and a robust whole-house water filtration system. Additional features include a dedicated laundry room, an upgraded garage with a 220V line for EV charging, hanging storage, and extra outlets. Enjoy entertaining on the wraparound porch amidst lush landscaping, including fruit-bearing trees and large shade trees, or retreat to the custom-designed great room with a hardwood bar and ample amenities. With paid-off solar panels, an average electric bill of only $120, and a prime location near parks, restaurants, and the Oak Street Alley Murals, this home offers the perfect blend of charm, convenience, and efficiency. Don't miss out on this standout property, recently featured in the 2024 Coronado Home Tour!

17425 W Tara Lane Surprise, AZ 85388

$639,900
4 Beds
2 Baths
2,185 SqFt
Status Active
MLS # 6737950
Property Type Single Family Residence
Price Type --
Seller is offering a $10,000 credit toward rate buy-down or closing costs with a full-price offer! This stunning, one-of-a-kind home has been fully remodeled with over $100K in upgrades, making it an entertainer's paradise! Located on a massive 12,000 sq ft lot, enjoy your private pool and spa in a resort-like setting. The home features 4 spacious bedrooms, 2 luxurious baths, a versatile bonus room, and a secured large dog run with a convenient doggie door for your furry friends. Host gatherings in the fabulous great room with bifold doors that seamlessly open to the outdoors, a formal dining room, and an eat-in kitchen perfect for entertaining. Step outside to find a built-in BBQ under a stylish shade structure, a putt-putt green, and a pergola with a projection system for games or.... family movie nights. The backyard is the ultimate retreat for both relaxation and entertainment! This home truly has it all.

17724 W Ocotillo Avenue Goodyear, AZ 85338

$639,900
3 Beds
3 Baths
2,718 SqFt
Status Active
MLS # 6754137
Property Type Single Family Residence
Price Type --
Experience mountain living in this beautiful, gated semi-custom TW Lewis home in Estrella Mountain Ranch. Located on a spacious corner lot just under 1/3 acre, this home is filled with luxury upgrades. The master bedroom offers an extended patio and elegant single lite door, while the master bath features a tiled snail shower. The cozy living area includes a fireplace with custom media niches, and the 3-car garage provides ample space with a service door. Enjoy energy-efficient solar shades, security doors, and a pebble stone driveway. The expansive backyard is ready for your dream pool or oasis.

7805 W Noble Prairie Way Florence, AZ 85132

$639,900
2 Beds
2.5 Baths
2,541 SqFt
Status Active
MLS # 6757218
Property Type Single Family Residence
Price Type --
**This is the one!!** You'll be hard pressed to find another home like this in Anthem at Merrill Ranch. Absolutely immaculate with amazing upgrades and a private Oasis for a backyard. You can tell as you pull up to this house that it stands out...amazing custom design landscape with a front courtyard to enjoy your morning coffee. Enter through a high-end custom front door to a large, open floor plan with designer finishes. Everything from the flooring to the ceiling presents custom finishes and top of the line hardware. The open floor concept combines the kitchen, eating and living space that opens up to a beautiful, over-sized backyard with resort style finishes and no neighbors behind! This includes extras such as outdoor LED lighting... WIFI controlled landscape irrigation, natural gas fire-pit and outdoor covered kitchen with grill, lighted water feature, custom remote controlled fans, custom windows coverings, Quartz countertops and oversized kitchen island, crown moulding, ceramic tile backsplash, custom pendant lighting, walk-in pantry and Butler pantry, extensions for more room in the eating and master bedroom space, and much more. This floor plan also features a den/office that could be utilized as a 3rd bedroom. This is a must see home if you are looking for one of the premier homes in the community. Combine this home with the award winning community of Anthem at Merrill Ranch and all of it's amazing amenities and you have absolute paradise! BONUS...this home can be purchased furnished.

318 N Washington Street Chandler, AZ 85225

$639,900
4 Beds
2 Baths
1,675 SqFt
Status Active
MLS # 6759421
Property Type Single Family Residence
Price Type --
Walking Distance to Thriving Downtown Chandler In Silk Stocking Historic Neighborhood, Many opportunities for this Updated Duplex on a 7,449 Sqft Lot Across AZ Ave from Historic Chandler High School and Chandler Center of the Arts. Currently One Unit is MTM at $1950. The other is Ready For either Long Term Market Rents, Owner/User With Income. Both Units are 2 Bed 1 Bath/Tubs with Laundry, The back Unit has An Extra 450 sf Room with Its Own Outside Entry Door That Can Be Used for a Third Bedroom, Office Or Workshop with Air. Laminated Flooring in all living and Bedrooms with Tile in Kitchens and Baths. Security on All Doors and Keyless entry pads on Front Doors. All Facts and Figures are Approximate, Buyer to Verify to their own Satisfaction

7326 W Villa Hermosa -- Glendale, AZ 85310

$639,900
3 Beds
2 Baths
2,057 SqFt
Status Active
MLS # 6766305
Property Type Single Family Residence
Price Type --
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445 W Grant Avenue Williams, AZ 86046

$639,900
3 Beds
2.5 Baths
2,332 SqFt
Status Active
MLS # 6770424
Property Type Single Family Residence
Price Type --
*Owner willing to carry!* Welcome to 445 W Grant Ave. One of the largest, custom homes you'll find this close to downtown Williams! Situated perfectly on a corner lot, the grand entrance ushers you in to 9ft ceilings, a grand, great room with an open kitchen and dining room. The kitchen features a gas range, an oversized island, and an abundance of custom cabinets. Step into the capacious Primary bedroom with an en-suite bath. Primary room features grand, walk-in closets and private access to the back patio. Attached bath include dual sinks, a soaking tub and a custom, oversized shower. The home also presents two additional large bedrooms, a full bath and a partial bath for all your guest needs. This house does not lack in space or storage! With multiple, oversized storage closets, abundance in cabinets and the two separate, attached, oversized garages gives you all the storage you could need. The backyard is poised perfectly for low maintenance with space to enjoy the cool mountain county. This home would make an excellent short term rental with close access to downtown Williams, or a second home for easy lock and leave!

9237 E Sector Drive Mesa, AZ 85212

$639,900
4 Beds
3 Baths
2,224 SqFt
Status Active
MLS # 6774308
Property Type Single Family Residence
Price Type --
FORMER MODEL HOME! Ready for Quick Move-In. 4 BR + Loft / 3 BA. The home features a gourmet kitchen with white cabinets, black pulls throughout, quartz counter tops in the kitchen and a 'Mosaic Ripple' 2x8 brickwork stacked backsplash. This home features upgraded wood tile flooring throughout the downstairs and carpet flooring in the bedrooms. This home comes included with a Tankless Water Heater, REME Halo Whole House Air Purifying System and a Apple Pod Smart Home Kit.

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$639,900
3 Beds
2 Baths
1,416 SqFt
Status Active Under Contract
MLS # 6702362
Property Type Single Family Residence
Price Type --
Location location location in the MAGIC 85254 zip code. This single story popular Monterey model, block constructed Crane home is located within minutes of the Kierland corridor. Features include: light/bright ceramic tile, newer roof(2023), newer AC(2020), N/S facing, low maintenance landscape, stainless steel appliances, granite countertops, partially updated baths and lighting, oversized laundry, plenty of storage, private patios and no HOA. Opportunity is knocking...welcome home!

19528 N 55th Drive Glendale, AZ 85308

$639,900
5 Beds
3 Baths
2,397 SqFt
Status Active Under Contract
MLS # 6702911
Property Type Single Family Residence
Price Type --
This Home Won ''Best Home On Tour'' in the Glendale Home Tour! You'll LOVE this impressive 5 Bedroom remodel with NO HOA and upgrades around every corner. Gorgeous hickory wood floors. The kitchen has custom cabinets and granite counter tops accented by sleek stainless steel appliances. There's an island w/ seating & pendant lights! The primary bedroom is spacious w/gorgeous views of the green backyard. The primary bath has a garden tub & a glass walled shower.. You won't be disappointed out back either. The oversized backyard offers lush green grass, perimeter trees for shade, a covered patio, a flagstone sun patio, & a gas fire pit. Don't miss the built in barbeque plumbed w/ Natural gas. There's a 3 car garage, an RV Gate with concrete pad and NO HOA. Roof was replaced in 2022

1415 E Monterey Street Chandler, AZ 85225

$639,900
4 Beds
3 Baths
2,321 SqFt
Status Active Under Contract
MLS # 6763096
Property Type Single Family Residence
Price Type --
This great 4 BR/3 Bath home is located in Superstition Ranch/AshleyPark community. It is surrounded by single level homes for privacy and has the desirable N/S exposure. The newly remodeled backyard & heated pool has artificial turf and a fun mural on the wall! New roof in 2024. New AC in 2022. Interior special features of this home are; crown molding, gas fireplace, surround sound, shutters, ceiling fans, skylight, 3 remodeled baths in 2019, water softener, RO, and stainless steel appliances.

2604 E Joan D Arc Avenue Phoenix, AZ 85032

$639,900
3 Beds
2 Baths
2,015 SqFt
Status Active Under Contract
MLS # 6760734
Property Type Single Family Residence
Price Type --
Welcome to your mountainside retreat! This beautifully designed 3-bedroom, 2-bathroom home boasts 2,015 sq. ft. of stylish living space, nestled on nearly half an acre. Enjoy breathtaking mountain/valley views from every angle, offering a serene backdrop to your daily life. Step inside to discover tastefully done finishes that seamlessly blend comfort and elegance. The heart of the home features a cozy flagstone fireplace, perfect for those chilly evenings. The open-concept layout flows effortlessly from the living area to the kitchen, ideal for entertaining family and friends. PVUSD schools. Seller Financing Available. Buyer to verify all facts and figures

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