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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1436 N Bernard -- Mesa, AZ 85207

$599,000
4 Beds
2.5 Baths
3,556 SqFt
Status Active Under Contract
MLS # 6784104
Property Type Single Family Residence
Price Type --
''Investors here is the opportunity you've been waiting for. This Incredible 2 story home is perfectly situated in the sought after community of Sierra Estates. A fantastic floor plan with spacious living area and vaulted ceilings throughout. Great use of the over 3500 sq ft featuring 4 bedrooms 2.5 baths and gorgeous vaulted ceilings. The Back yard has outdoor kitchen, with pool and open space. Bring your vision and skills to a home that is ready for you to make it shine. Mostly cosmetic repairs needed and will be an incredible investment opportunity for some sweat equity.

4628 N Desert Stream Way Litchfield Park, AZ 85340

$599,000
3 Beds
2.5 Baths
2,513 SqFt
Status Active Under Contract
MLS # 6701011
Property Type Single Family Residence
Price Type --
Corner view lot with only one immediate neighbor! Property backs to pond with tranquil water and sunset views! 3 Bedrooms + Huge Loft, 2.5 baths, Great Room with dramatic ceiling. Roof redone 2016, 2 New Trane HVAC's 2019, 2 1/2Car Garage updated Nov 2022 with side mount garage door openers, epoxy floor, garage cabinets, 5 overhead storage racks, lighting, wired for EV charging & tankless hot water heater. Neutral tile, carpet and paint. Primary spacious bedroom features vaulted ceilings, window seat and separate door to back patio & lush backyard. Kitchen with backyard/pond views has granite counters, professional appliances, trash compactor and pantry. Private balcony for stunning views! Loft is versatile for office/play room/game room. Front entry with extensive paver patio and steps. Nearby: Wigwam Resort and Country Club featuring 3 renowned golf courses offering 54 holes of championship-level play, tennis, spa, & 3 on site restaurants. From the Litchfield Greens community there are 2 tunnels connecting to Litchfield Park Proper, featuring 4 Parks,1 Lake, miles and miles of walk ways friendly for walking and cycling. Residents enjoy a high quality of life, with access to parks, libraries, and award-winning schools. The city's vibrant community life is reflected in major events like the Litchfield Park Festival of the Arts and Christmas in the Park. Upcoming New Litchfield Square Development~At the heart of Litchfield Park is the Litchfield Square projecta 26-acre mixed-use urban hub that will serve as new downtown. Designed with a walkable, community-oriented layout.

15340 W Black Gold Lane Sun City West, AZ 85375

$599,000
3 Beds
2.5 Baths
2,564 SqFt
Status Active
MLS # 6779669
Property Type Single Family Residence
Price Type --
Whether you call Sun City West home year-round, or want a winter retreat, this gorgeous home with GOLF COURSE VIEWS is it! Enjoy world-class amenities, including recreation centers with pools, fitness facilities, and golf. This 3-bedroom, 2.5-bathroom home has been freshly painted and offers tile flooring, a fireplace, and ample windows for natural light. The open kitchen boasts granite counters, a gas cooktop, and an island with prep sink, ideal for entertaining. The primary suite features a dual vanity, soaking tub, and shower. Relax on the covered patio overlooking the golf course! Prime location near highways, shopping, dining, & more!

31013 N 41st Place Cave Creek, AZ 85331

$599,000 - 3Br/3Ba -  for Sale in Tatum Ranch Parcel 12 Unit 4, Cave Creek
New
$599,000
3 Beds
2.5 Baths
2,096 SqFt
Status Active
MLS # 6787652
Property Type Single Family Residence
Price Type --
Welcome to this spacious and inviting home in highly sought-after Tatum Ranch! With over 2,000 square feet of living space, this bright and open floor plan features soaring vaulted ceilings, a striking wrap-around fireplace, plantation shutters, first floor primary suite and a new first floor A/C unit. The open-concept kitchen is perfect for entertaining, complete with stainless steel appliances, plenty of counter space and pantry. The generous primary bedroom is a true retreat, offering a private patio entrance, a beautiful arched window that bathes the room in natural light, and a luxurious en suite with dual vanities, a soaking tub, and a walk-in closet. The upstairs versatile loft provides the perfect space for a home office or flex room. Step outside to enjoy the spacious covered patio, extended patio, and mature landscaping--perfect for relaxation or gatherings. The extended garage adds valuable storage or workspace. Enjoy the wonderful amenities of Tatum Ranch, including nearby parks, trails, shopping, dining and world-class golf. Don't miss this gem!

1401 Old Jerome Highway Clarkdale, AZ 86324

$599,000 - 3Br/2Ba -  for Sale in Hiawatha, Clarkdale
New
$599,000
3 Beds
2 Baths
1,401 SqFt
Status Active
MLS # 6787713
Property Type Single Family Residence
Price Type --

10005 E Michigan Avenue Sun Lakes, AZ 85248

$599,000
3 Beds
2 Baths
2,075 SqFt
Status Active
MLS # 6781481
Property Type Single Family Residence
Price Type --
Location is everything for this 3BR, 2BA golf course home in the fun active adult community of Cottonwood in Sun Lakes. Literally steps from the clubhouse and all its many amenities, this meticulously maintained home features a great room w/vaulted ceilings, electric fireplace with stunning, expansive golf course views. Kitchen features painted cabinets, some newer appliances, and an expanded breakfast area with bonus storage. New carpet in all three bedrooms. Large, expanded primary suite w/walk-in shower, dual sinks, modern lighting and a bonus sitting area with extra closet space. Extra deep, south facing covered patio and a serene backyard with mature landscaping. Enjoy the many amenities in Cottonwood: golf, tennis, pickleball, multiple pools, lots of clubs and wonderful restaurants.

28614 N Sunset Drive San Tan Valley, AZ 85143

$599,000
4 Beds
3 Baths
2,997 SqFt
Status Active
MLS # 6780404
Property Type Single Family Residence
Price Type --
Your DREAM home is here in Johnson Ranch! This gorgeous 4-bed, 3-bath property sits on a large lot of a cul-de-sac with NO neighbors behind. Its charm starts with a desert landscape, stone accent details, front porch, RV gate, and a 3-car tandem garage w/cabinetry & extended driveway. The inviting interior is filled with natural light, complemented by a neutral palette, archways, and tile & soft carpet in all the right places. With separate living & family rooms, you have versatile spaces for relaxation and gatherings. The impressive eat-in kitchen features SS appliances, quartz counters, travertine tile backsplash, recessed lighting, ample wood cabinets, and a center island. Completing the downstairs, you have 1 bedroom, 1 bathroom, double-door den, & a storage room under the stairs. Head upstairs to find the other well-appointed bedrooms, along with a loft that can be a play/TV area! Enter the owner's suite to find a cozy sitting room and an ensuite with dual sinks & a walk-in closet. But the true highlight is the spacious backyard! Designed for entertaining, showcasing an outdoor kitchen w/sitting bar, putting green, multiple seating areas, artificial turf, and a sparkling pool for year-round enjoyment. The storage shed & garden beds are added perks. What's not to like? Pack your bags and move in!

26205 S Beech Creek Drive Sun Lakes, AZ 85248

$599,000
3 Beds
2 Baths
1,971 SqFt
Status Active
MLS # 6763105
Property Type Single Family Residence
Price Type --
Step into a home where sophistication meets comfort. The custom-designed fireplace sets the tone in the expansive great room—perfect for both intimate gatherings and grand entertaining. This home is better than new, boasting brand-new floors and windows throughout, with meticulous attention to detail at every turn! The heart of the home, the gourmet kitchen, is a chef's dream. Featuring top-of-the-line KitchenAid and Bosch appliances, drawer microwave, dual ovens, induction cooktop, custom drawer organization for all your kitchen utensils, stunning custom quartz countertops, and a massive island that provides ample seating. The flat-panel European-style cabinets are sleek and modern, beautifully complemented by designer lighting. Retreat to the luxurious master suite, where relaxation awaits. The master bathroom boasts a bespoke vanity with a dedicated makeup area, a spacious walk-in shower with a bench, and no-step entry for ultimate convenience. The serene bedroom offers a peaceful view of the private backyard, perfect for unwinding after a long day. The open-concept living area flows seamlessly into a formal dining space, ideal for hosting dinner parties or family meals. Step outside to a backyard that's made for Arizona living. The newly epoxied patio is ready for you to enjoy cool winter evenings under the stars. This stunning home is an entertainer's dream and a peaceful retreat all in one. NEW ROOF AND AC! Don't miss your chance to own this beautifully reimagined property!

4290 Highway 82 -- Elgin, AZ 85611

$599,000
3 Beds
3 Baths
2,809 SqFt
Status Active
MLS # 6547141
Property Type Single Family Residence
Price Type --
This stunning property offers panoramic views and sits on just over 13 acres, making it a true retreat! The home features a spacious great room with a cozy fireplace and Saltillo tile flooring throughout. Enjoy the Arizona room with a spa, perfect for relaxation. The country kitchen boasts tile countertops, an island, ample cabinetry, a gas stove, and a walk-in pantry. The layout includes Jack and Jill guest bedrooms, each with walk-in closets, and a guest bathroom featuring dual sinks, a walk-in shower, and a linen closet. Unwind under the covered patio, enhanced by the shade of mature pine trees, or take in the serene front courtyard with its desert garden. This property also includes a two-car attached garage that doubles as a workshop. Barn with covered shelter and fencing.

2509 N Dayton Street Phoenix, AZ 85006

$599,000
3 Beds
2 Baths
1,684 SqFt
Status Active
MLS # 6620344
Property Type Single Family Residence
Price Type --
Nice 3bedroom 1.75 bath with 2 Car Garage the casita in back yard is rented for 800.00 per month making this an awesome Investment property. Also Parking on southside of home for small boat Trailer or additional Cars. Guest home at rear of home with full bath and kitchen great for rental income or for your family to enjoy or maybe a office and alley entrance. you will love this home for a large family or as an investment. close to restaurants and Downtown activities Schools are all nearby. Excellent Location. Owner is working on home and cleaning.

11217 N Blakely Street Surprise, AZ 85388

$599,000
2 Beds
2 Baths
1,568 SqFt
Status Active
MLS # 6660689
Property Type Single Family Residence
Price Type --
$80k in upgrades. Motivated seller! No waiting, own it now! Quiet street & 55+ section. Deluxe contemporary style. The Smithfield's welcoming extended covered entry and inviting foyer flow into the spacious great room and casual dining area, with views of the desirable covered patio. The well-designed kitchen is highlighted by a large center island with breakfast bar, plenty of counter and cabinet space, and ample walk-in pantry. The beautiful primary bedroom suite is enhanced by a sizable walk-in closet and spa-like primary bath with dual-sink vanity, luxe glass-enclosed shower with seat, and private water closet. The generous secondary bedroom features a roomy closet and shared full hall bath. Additional highlights include centrally located laundry and additional storage.

3291 N Clanton Street Buckeye, AZ 85396

$599,000
3 Beds
2.5 Baths
2,350 SqFt
Status Active
MLS # 6767149
Property Type Single Family Residence
Price Type --
Nestled in the heart of Verrado's Heritage District, this stunning home sits on a large corner lot, directly across from the picturesque Kings Green Park. With White Tank Mountain views, the location offers an idyllic mix of natural beauty and modern living. The first impression is nothing short of welcoming, thanks to the new exterior paint, manicured landscaping, and inviting full-length front porch. Inside, this meticulously maintained 3-bedroom, 2.5-bath home is designed with comfort and functionality in mind. The dining room flows effortlessly into open living spaces, creating the perfect setting for both entertaining and day-to-day relaxation. At the heart of the home is a spacious kitchen, outfitted with stainless steel appliances, granite countertops, and a walk-in pantry, ideal for both casual meals and larger gatherings. A standout feature is the enclosed home office the perfect retreat for focused work or creative projects. The additional bonus room adds even more versatility, whether used as a playroom, library, or hobby space. Year-round comfort is ensured with new insulation, two new AC units, and a climate-controlled garage, complete with a new mini-split system for extra workspace or simply keeping your vehicles cool. The 2-car garage is also upgraded with lots of cabinets, a new door and top of the line opener, offering both convenience and style. Out back, the expansive, newly landscaped backyard offers a private oasis, complete with artificial turf for easy maintenance and a dedicated dog run with turf for your furry friends. The home is powered by an impressive solar system that saves on energy costs while even providing credits during certain months an eco-friendly feature that adds tremendous value. Don't miss your chance to make it yours!

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