5 Reasons You Should Sell This Summer

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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35518 N 30th Drive Phoenix, AZ 85086

$615,000

3 Beds

2 Baths

2,191 SqFt

Status Active

MLS # 6767894

Property Type Single Family Residence

Price Type --

Welcome to this beautiful old-world Italian style single-story home in the quiet, family-friendly Tramonto community. With 3 bedrooms, 2 full baths, & ample garage space for 3 cars, this residence is a must-see. This one-owner home features an open atmosphere with a spacious kitchen containing black appliances and ample storage space. The great room features a cozy gas fireplace & large newly-updated picture windows. Enjoy the spacious primary bedroom with en suite bathroom complete with a separate tub and shower, as well as a generous walk-in closet. Step outside into your own personal oasis with a calming water feature and eye-catching light layout. Tramonto residents enjoy pools, sport courts, & many green spaces. Furnishings are available as well, reach out now to arrange a tour!

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1529 E Edgewater Drive Tempe, AZ 85283

$615,000

4 Beds

2.5 Baths

2,144 SqFt

Status Active

MLS # 6766284

Property Type Single Family Residence

Price Type --

This 4 bedroom residence w/loft is situated just down the street from the lake that you can enjoy boating and kayaking in the private community The Lakes. Enjoy 4 generously sized bedrooms on the second floor plus a versatile loft that overlooks the living room with vaulted ceiling. Relax by the large wood burning fireplace in the family room. Nestled in a tranquil neighborhood that offers a rec center with a Health and Fitness club ,Olympic size pool, spa, Pickel ball courts ,Tennis , Sand Volleyball, Basketball, Children's playground, and more. Conveniently located near lakeside restaurants and a short walk to Tempe Union Elementary/Middle schools and Marcos De Niza High. There is easy freeway access to 60 and 101 and to Sky Harbor Airport and ASU campus

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8818 W Quail Avenue Peoria, AZ 85382

$615,000

3 Beds

2 Baths

1,790 SqFt

Status Active

MLS # 6769179

Property Type Single Family Residence

Price Type --

Welcome Home! This recently updated 3 bed/2 bath home invites you to come and make it your own! Located in a desired neighborhood and is on large corner lot! Just minutes from shopping, entertainment and restaurants! This home portrays pride of ownership with recently updated: tile flooring, updated bathrooms, heating and cooling unit, tankless water heater, sunscreens, custom baseboards, door trims and exterior/interior paint! It also has owned solar with grandfathered in rates! The backyard is perfect for entertaining with the pool and the newly added cabana! This home really speaks for itself, come check it out!

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5160 E Karen Drive Scottsdale, AZ 85254

$615,000

3 Beds

2 Baths

1,592 SqFt

Status Active

MLS # 6778445

Property Type Single Family Residence

Price Type --

COME CHECK OUT YOUR NEXT HOME! This single level home in Scottsdale has a beautiful recently renovated kitchen with quartz counters and lots of cabinet space. This home has a split floorplan with a larger Owners' suite. It has a new vanity with a granite top in the owners' bathroom and a tiled walk-in shower. There is a patio door to the courtyard for enjoying your morning coffee or a glass of wine. Bedrooms 2 and 3 are split from the owners' suite. Bathroom #2 has a new vanity with a granite top as well. Tile and laminate floors throughout. Enjoy the spacious private yard with a detached 2 car garage. NO HOA.

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7752 W Mary Jane Lane Peoria, AZ 85382

$615,000

4 Beds

3 Baths

2,515 SqFt

Status Active

MLS # 6774496

Property Type Single Family Residence

Price Type --

Pride of Ownership! Situated on a spacious corner lot, this beautiful haven offers a 3-car garage, RV gate, & NO HOA! Discover an inviting living room & a desirable great room paired w/wood flooring, gas fireplace, & French doors that create a seamless indoor-outdoor transition. Tall vaulted ceilings add to the airy feel, complemented by ceiling fans & plantation shutters. Fabulous kitchen displays coffered ceilings, recessed lighting, a custom island w/a breakfast bar, granite counters, plenty of cabinets & built-in appliances. The main bedroom ensures a peaceful retreat, showcasing plush carpet, two-toned paint, an ensuite w/dual sinks, & 2 walk-in closets. Tranquil backyard includes a covered patio, storage shed, & a refreshing pool for year-round enjoyment. Come check out the beauty.

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5372 S Cat Claw Drive Gold Canyon, AZ 85118

$615,000

3 Beds

2 Baths

2,320 SqFt

Status Active

MLS # 6785100

Property Type Single Family Residence

Price Type --

Amazing, spacious 3 bedroom/2 bath PLUS a dedicated office with built-in desks and storage. Light, open floor plan with over 2300 square feet for relaxing, entertaining, and personal space. Bay windows in primary room and kitchen. Air conditioned Arizona room with huge windows and 2 separate indoor access doors, one from primary bedroom and another from the kitchen, then out to the patio to grill using gas stub. The 2.5 garage has wall to wall storage and a work counter with it's own cabinets for tools; there is also a charger for electric vehicle. This is a vibrant 55+ adult community with so many activities to get involved: Year round community pool and spa, 2 golf courses, Tennis courts, Pickleball, Pottery patio with kiln and a Monthly calendar filled with various activities.

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41670 W Barcelona Drive Maricopa, AZ 85138

$615,000

6 Beds

4.5 Baths

4,149 SqFt

Status Active

MLS # 6783411

Property Type Single Family Residence

Price Type --

Home, sweet home! This wonderful 6 bed, 4.5 bath residence is looking for its new owners! A stunning facade w/stone accents, low-care landscape, a 3 car garage, and a paver driveway are just the beginning. Discover a spacious great room and formal dining area w/elegant wood-look tile flooring, plantation shutters, dazzling light fixtures, and custom palette throughout. The fabulous kitchen is comprised of white cabinetry w/crown moulding, granite counters, SS appliances, and an island w/a breakfast bar. Continue upstairs and into the cozy loft w/soft carpet, where you can spend a relaxing Sunday afternoon! You'll also find not one, but two primary bedrooms, each one boasting a private ensuite w/dual sinks and a walk-in closet! Double doors open up to a cozy den, ideal for an office. Lastly, the expansive backyard w/its covered patio, is a blank canvas w/tons of potential to become your own personal oasis! Your new home is waiting for you, hurry and act now!

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18232 N 19th Place Phoenix, AZ 85022

$615,000

4 Beds

3 Baths

2,362 SqFt

Status Active

MLS # 6786276

Property Type Single Family Residence

Price Type --

Welcome to this stunning 4-bedroom, 3-bathroom home on a spacious lot with a charming Tuscan-style courtyard. Inside, enjoy an open floor plan with wood tile flooring, built-in living room cabinets, and a chef's kitchen featuring new stainless steel appliances, granite countertops, and upgraded lighting. Recent updates include freshly painted interiors and exteriors, new cabinet finishes, and updated tile flooring in the kitchen and baths. The master suite boasts a renovated shower, while all bedrooms feature new plush carpeting. The irrigated backyard offers a covered patio and pergola, perfect for entertaining. Conveniently located near the 51 and 101 freeways, this home provides quick access to dining and shopping. This home is a must see!

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6979 S Wilson Drive Chandler, AZ 85249

$615,000

3 Beds

2 Baths

2,137 SqFt

Status Active

MLS # 6787032

Property Type Single Family Residence

Price Type --

Welcome Home to this gorgeous single-level, move-in-ready home in South Chandler. As you enter through the custom steel security screen and front door you are greeted with a neutral color palate, clean lines, and a view straight through to the backyard. This well-cared for two-owner home features a large master bedroom and bathroom with a walk-in closet, water closet, dual sinks, and a separate tub and shower. This master bedroom is split from the 2 guest bedrooms that are located on the opposite side of the house. The flex room, located near the front entrance, offers endless options. The beautiful kitchen has been updated with stainless steel appliances, freshly painted white cabinets, and has reverse osmosis water at the kitchen sink. The cozy gas fireplace is the perfect addition this Welcome Home to this gorgeous single-level, move-in-ready home in South Chandler. As you enter through the custom steel security screen and front door you are greeted with a neutral color palate, clean lines, and a view straight through to the backyard. This well-cared for two-owner home features a large master bedroom and bathroom with a walk-in closet, water closet, dual sinks, and a separate tub and shower. This master bedroom is split from the 2 guest bedrooms that are located on the opposite side of the house. The flex room, located near the front entrance, offers endless options. The beautiful kitchen has been updated with stainless steel appliances, freshly painted white cabinets, and has reverse osmosis water at the kitchen sink. The cozy gas fireplace is the perfect addition this time of year not just for ambiance but to quickly heat the house as well. Throughout the house you'll notice all new door hardware, faucets, light fixtures, baseboards, and electrical outlets. In 2022, two brand new AC units were installed followed by new interior and exterior paint, new carpet and baseboards, and a new 50-year roof in 2023. In 2024, the seller replaced the sunscreens and backyard irrigation. He also added artificial grass to the front yard. The 3-car split garage offers flexibility and includes side-mounted electric openers with battery backup that control insulated doors, tons of electrical outlets, built-in storage, and access to the attic and the backyard. When entering the backyard from the family room or master bedroom you'll find a covered patio with epoxy-coated stamped concrete and an electric rolling shutter perfect for hot summer evenings, cold winter mornings, and those dirty summer haboobs. Past the patio, you'll find beautiful green grass and a mixture of trees, shrubs, and rocks. If that's not enough, this home also includes Ring security devices, a washer & dryer, and all kitchen appliances. The only things you'll need to make this home yours are furniture and clothes. Welcome Home.

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4046 E Pinto Lane Phoenix, AZ 85050

$615,000

3 Beds

2 Baths

1,849 SqFt

Status Active Under Contract

MLS # 6778057

Property Type Single Family Residence

Price Type --

Easy living, single-story home on a corner lot in the quiet and conveniently located Tatum Highlands Community. This home offers a great floor plan, with two living spaces, a backyard with private pool and spa, covered patio for relaxing and entertaining. Bright and spacious family room, kitchen, living, and dining room areas. The kitchen has granite counters, stainless steel appliances, tile floors, a large pantry, and skylights. The primary bedroom is your retreat with a walk-in closet, ceiling fan, ensuite bathroom with double sinks and bathtub. Plantation shutters throughout the home. New heat pump and AC, painted inside and out. Near John W. Teets Park and Desert Ridge shops and restaurants.

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20340 N Canyon Whisper Drive Surprise, AZ 85387

$615,000

3 Beds

2.5 Baths

1,950 SqFt

Status Active

MLS # 6769126

Property Type Single Family Residence

Price Type --

One of the most coveted models in The Grand. Borgata offers a split bedroom floorplan. In addition this home has a detached casita with a 256 sq. ft. guest quarters. As you enter the paver extended patio courtyard, you will instantly feel the privacy ready for your enjoyment. As you enter the front you will feel the openness of the expanded Arizona room complete with gas fireplace. Granite counters in the kitchen.

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8720 N 182nd Lane Waddell, AZ 85355

$615,000

6 Beds

3.5 Baths

4,067 SqFt

Status Active

MLS # 6775498

Property Type Single Family Residence

Price Type --

Beautiful spacious home located in a lovely neighborhood near the mountains, yet still close to the freeway and shops! This beautifully updated home features a brand new patio slider that opens to a spacious backyard complete with a new hot tub, perfect for unwinding. Inside, enjoy fresh paint and updated flooring throughout, creating a modern and inviting atmosphere. The massive master suite provides a peaceful retreat, complemented by very large additional bedrooms. A bonus den and separate office space offer endless possibilities for work, play, or relaxation. Don't miss out on this one!

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