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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1580 Calle Simpatico Drive Wickenburg, AZ 85390

$575,000 - 3Br/2Ba -  for Sale in Pueblo Casandra Phase 1, Wickenburg
Open House
$575,000
3 Beds
2 Baths
2,004 SqFt
Status Active
MLS # 6761470
Property Type Single Family Residence
Price Type --
This PRISTINE CUSTOM ''JEB'' home is located in the desirable PUEBLO CASSANDRA Village, where luxury meets comfort and security featuring a HEATED POOL and spa to enjoy year-round ARIZONA living. Step through the front door to be wowed by vaulted ceilings, open floorplan, plantation shutters, ambiance lighting, a gorgeous chandelier and a cozy gas fireplace. Not a detail left behind in the kitchen with stainless appliances, beveled edge GRANITE countertops, spacious island, and extensive Knotty-Alder soft touch CUSTOM cabinetry. Hide-a-way to the PRIMARY SUITE through PRIVATE DOUBLE ENTRY doors complete with a HUGE walk-in closet and separate exit to the expansive COVERED PATIO surrounded by a stucco finished wall. WOW! This EXQUISIT home with resort living is IN WICKENBURG!

11757 W Montana De Oro Drive Sun City, AZ 85373

$575,000 - 5Br/3Ba -  for Sale in Dos Rios Unit 1, Sun City
Open House
$575,000
5 Beds
3 Baths
2,791 SqFt
Status Active
MLS # 6777966
Property Type Single Family Residence
Price Type --
Owned Solar! In the Dos Rios Neighborly Neighborhood! This spacious 5-bedroom, 3-bath home in Sun City is NOT in an age-restricted area, offering all the benefits of the thriving North Peoria community nearby. The main floor features a friendly layout with one bedroom and a full bath, plus a living room, family room, and dining area, while upstairs adds a versatile loft space. The low-maintenance turf yard and 3-car garage provides convenience and ample storage. Don't miss this exceptional opportunity!

955 S Henry Lane Gilbert, AZ 85296

$575,000 - 4Br/3Ba -  for Sale in Cooley Station North Parcel 1, Gilbert
Open House
$575,000
4 Beds
2.5 Baths
2,539 SqFt
Status Active
MLS # 6783385
Property Type Single Family Residence
Price Type --
Welcome to this lovely 4-bedroom, 2.5-bath residence in Cooley Station North! Discover a charming living room with high ceilings, half-moon clerestory windows, and wood-look flooring. The inviting family room is perfect for relaxing moments with loved ones. Cook delicious meals in the gourmet kitchen, equipped with granite counters, warm wood cabinetry with crown moulding, pendant/recessed lighting, and a large serving window with a breakfast bar. You'll also find a versatile den ideal for an office or study. Upstairs, the size-able loft provides additional living space. The main bedroom offers plush new carpeting, a walk-in closet, and an ensuite with double sinks. Outdoors, you'll find a covered patio for al fresco dining and a rear-entry 3-car garage. Make it yours!

2930 W Laredo Lane Phoenix, AZ 85085

$575,000 - 3Br/2Ba -  for Sale in Stoneledge At North Canyon, Phoenix
Open House
New
$575,000
3 Beds
2 Baths
1,788 SqFt
Status Active
MLS # 6784835
Property Type Single Family Residence
Price Type --
Meticulously maintained home with extensive builder updates in a gated community. The owner selected timeless, soft-grey custom upgraded cabinetry (48'' in upper cabinets) with gorgeous granite and coordinating glass back splash, charming farm sink, range (ALSO PLUMBED FOR GAS) and stainless steel appliances. The open floor plan flows perfectly and has a living room/den positioned toward the front which is perfect flex space. Split master floorpan with a spacious walk-in closet, dual sinks and natural light. Upgraded flooring, window coverings, custom paint, crown molding. The backyard has a covered patio and artificial turf for the ultimate in low maintenance. Newest home in the subdivision and more current finishes. This home is spectacular.

7179 W Surrey Avenue Peoria, AZ 85381

$575,000 - 5Br/3Ba -  for Sale in Sweetwater Ridge Amd, Peoria
Open House
New
$575,000
5 Beds
3 Baths
3,081 SqFt
Status Active
MLS # 6785618
Property Type Single Family Residence
Price Type --
Welcome to this stunning 5 bedroom, 3 bath home in the heart of Peoria. Featuring a 3-car garage and a sparkling pool, this residence offers luxurious living with an open floor plan that invites natural light through high ceilings and large windows. The modern kitchen is equipped with ample counter and cabinet space, perfect for meal preparation along with a huge island. The master suite is a retreat with its private bath featuring double sinks, a separate walk-in shower, and a soaking tub. The backyard is huge with lots of space and a sparkling pool, ideal for outdoor activities and entertaining. Conveniently located near schools, parks, shopping, and dining, this home is perfect for comfortable living.

5605 N 206th Avenue Buckeye, AZ 85396

$575,000 - 3Br/2Ba -  for Sale in Verrado Victory District Phase 7b, Buckeye
Open House
New
$575,000
3 Beds
2 Baths
1,528 SqFt
Status Active
MLS # 6786833
Property Type Single Family Residence
Price Type --
Welcome to your dream home in Victory, an exclusive age-restricted community nestled next to the White Tank Mountains in Buckeye. This stunning residence, built in 2023, offers the perfect blend of modern luxury and an active lifestyle. Step inside to discover a beautifully upgraded home. Three bedrooms including an extra flex space, perfect for remote work or hobbies, an extended garage that provides ample space including built in garage cabinets for your recreational gear. The outdoor living space is a true highlight, showcasing a cozy gas fireplace and mountain views both from the backyard and gated front courtyard. The stylish furnishings and decor can be included with a full price offer, making your move seamless and stress-free. Don't miss this opportunity for you in Victory!!

2989 N 44th Street Unit 3028 Phoenix, AZ 85018

$575,000 - 3Br/3Ba -  for Sale in Arcadia Grove Condominium, Phoenix
Open House
$575,000
3 Beds
3 Baths
1,743 SqFt
Status Active
MLS # 6723473
Property Type Apartment
Price Type --
Sunsets and sparkling city light views frame this urban contemporary condominium in gated Arcadia Grove.Surrounded by towering pines, palms, Koi ponds and waterfalls this luxury property is 10 minutes to galleries, restaurants, Sky Harbor, Scottsdale, Biltmore, Tempe and downtown Phoenix. St. Joe's/Barrows, Phoenix Children's and AZ Heart hospitals are a dream commute.With private garages for 3 cars, this single level unit offers 1,743 square feet, 2 master bedrooms with large walk-in closets, a study (or 3rd bedroom) with custom office furniture and 3 baths. The neutral palette, great room floor plan and large private balcony with views of Camelback, provide a tranquil setting. Resort style heated pool/spa, 24 hour fitness center and clubhouse with catering kitchen complete this property

7353 E Milagro Avenue Mesa, AZ 85209

$575,000 - 5Br/3Ba -  for Sale in Superstition Springs Village Unit Two, Mesa
Open House
$575,000
5 Beds
3 Baths
2,352 SqFt
Status Active
MLS # 6770673
Property Type Single Family Residence
Price Type --
Discover this beautifully updated 5-bedroom home, freshly painted and move-in ready. The expansive living area on the main floor provides an ideal space for hosting and gathering. Step outside to enjoy a meticulously landscaped backyard, complete with a sparkling pool, safely enclosed by a fence. Situated in a highly desirable location, this property is within walking distance to Monterey Park, Gilbert's top-rated schools, and offers easy access to major highways, shopping centers, and dining options. An opportunity like this is not to be missed!

13370 W Domino Drive Peoria, AZ 85383

$575,000 - 2Br/2Ba -  for Sale in Trilogy West Phase 3 Parcel C46, Peoria
Open House
$575,000
2 Beds
2 Baths
1,926 SqFt
Status Active
MLS # 6766463
Property Type Single Family Residence
Price Type --
RARE 2021 'MOSAIC' WITH 3-CAR GARAGE! Neutral palette. Wide plank tile flooring, kitchen with granite slab on countertops & island, stainless appliances with 5 burners gas stove. Huge SMART SPACE with washer/dryer, 2 built-in desks, laundry sink, abundant cabinets with roll outs and WALK-IN PANTRY. Large open great rm with adjacent extended dining rm big enough for large table. Primary suite w/large walk-in closet, double sinks, large shower and separate toilet rm. Den with double French doors/multipurpose. Very spacious 2nd bed. Lovely, landscaped lot, full fenced yard. Upgraded lighting, fans and blinds throughout plus top-down/bottom-up shades in bedrooms. This home is in award-winning gated, 55+ Trilogy at Vistancia with 5-star-resort style amenities at the 35,000 SF Kiva Club with indoor & outdoor pools, fitness center, day spa, cafe, billiards, meeting rooms, library, tennis courts, pickle ball, bocce ball, events & a plethora of activities to choose from. Outstanding Gary Panks-designed golf course is woven throughout the original part of the neighborhood. The Mita Club has additional outstanding community amenities. Easy access from Trilogy to the 303, shopping, restaurants, entertainment, Lake Pleasant & Paloma Park, Peoria's huge community park loaded with amenities. Move-in ready!

5929 N 189th Glen Litchfield Park, AZ 85340

$575,000 - 3Br/3Ba -  for Sale in Zanjero Trails Phase 1c Parcel 35a Phase 2 Replat, Litchfield Park
Open House
$575,000
3 Beds
2.5 Baths
2,617 SqFt
Status Active
MLS # 6771789
Property Type Single Family Residence
Price Type --
BETTER THAN NEW!! This gorgeous home built in 2021 sits on a corner lot and is perfect for entertaining! Open and spacious floor plan with 3 bedrooms, 2.5 bathrooms, 10 ft ceilings, and a separate den/office. The gourmet kitchen features a massive island (just shy of 11 ft), quartz countertops, double wall oven, gas cooktop, built in microwave, deep farmhouse sink, walk in panty, and stainless-steel appliances. Stunning sunset mountain views from the front of the home. Primary suite has its own zone for AC and heat and a large walk-in closet. Owners have installed a water softener and epoxied the garage floor. The back yard is complete with a covered patio, pavers, palm and fruit trees, and turf. Walking distance to Canyon View High School

18822 N Grandview Drive Sun City West, AZ 85375

$575,000 - 2Br/2Ba -  for Sale in Sun City West Unit 22, Sun City West
Open House
$575,000
2 Beds
2 Baths
2,319 SqFt
Status Active
MLS # 6750441
Property Type Single Family Residence
Price Type --
Home is situated on the 10th fairway on the Grandview Golf Course in Sun City West. The solar lease was installed in 2011 and is paid until 2032. Giving you the luxury of sustainable energy. This property has premium upgrades in the kitchen with quartz countertops, stylish cabinets, and stainless steel appliances. Roof underlayment was replaced in 2017 and the HVAC system was updated in 2013. The Master Bath was beautifully appointed with new cabinets, tiled shower and sinks and plantation shutters in the master bedroom. Further adding to the charm are the tubular skylights adding natural light. Complementing the indoor living space is an enclosed lanai and a huge covered patio. The outside offers beautiful views of the White Tank Mountains and serene spaces to unwind.

4338 E Desert Marigold Drive Cave Creek, AZ 85331

$575,000 - 3Br/2Ba -  for Sale in Tatum Ranch Parcel 12 Unit 2, Cave Creek
Open House
$575,000
3 Beds
2 Baths
1,588 SqFt
Status Active
MLS # 6744958
Property Type Single Family Residence
Price Type --
Priced to sell! Beautifully upgraded 3-bedroom, 2-bathroom single-story home. Over the past 3-4 years, this residence has undergone extensive updates. Significant improvements include a new roof underlayment, new A/C system, updated kitchen and bathrooms, over $40k invested in new windows and exterior iron doors, custom trim work, newer carpet, fresh interior paint, new outlets, new light switches, and updated lighting fixtures. The 1,588 square foot floor plan is thoughtfully designed for maximum efficiency, ensuring every inch is utilized effectively with no wasted space. The backyard offers a blank canvas, ready for your personal customization. Ideally located in Tatum Ranch, this home is just a short drive from dining, golf courses, and schools

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