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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14554 N Valencia Drive Fountain Hills, AZ 85268

$2,300,000
4 Beds
4.5 Baths
2,974 SqFt
Status Active
MLS # 6757073
Property Type Single Family Residence
Price Type --
Embrace luxury living! This breathtaking home is perfectly situated on one of the premier lots in the exclusive, gated Adero Canyon community. The elegant single-story residence features an open-concept layout, vaulted ceilings, and expansive windows that flood the space with natural light, offering stunning views of the mountains. Meticulously cared for and thoughtfully upgraded throughout including remote control/bluetooth electric blinds throughout, this home is in pristine condition and move-in ready. The kitchen, the centerpiece of the home, impresses with its abundance of cabinetry, a spacious center island, high-end stainless steel appliances, and a walk-in pantry. Perfect for entertaining, the open living and dining areas are highlighted by a striking fireplace. A 4-panel sliding door seamlessly connects the indoor space to a beautifully custom designed backyard with sparkling pool/spa. The pool features state of the art Pentair automation system with bluetooth accessibility to cooling AND heating capabilities with cost effective electric heater. The spacious primary bedroom is thoughtfully separated from the two additional ensuite bedrooms, ensuring privacy for both. There's also an attached guest casita with its own entrance, featuring a bedroom and bath, ideal for guests or versatile with endless options to be utilized. This Thaxton + casita home is the ultimate lock-and-leave option, offering new construction in a gated community with unbeatable views in the picturesque Adero Canyon. Residents have direct access to nearby trailheads, and are conveniently close to the vibrant downtown Fountain Hills area, world-class golf courses, restaurants, and The Adero Resort and Spa, where club memberships offer access to fitness classes, a state-of-the-art gym, tennis, pickleball, and resort-style and lap pools at competitive rates.

5066 W Three Forks Road Prescott, AZ 86305

$2,300,000
4 Beds
4 Baths
2,960 SqFt
Status Active
MLS # 6767206
Property Type Single Family Residence
Price Type --
Discover this stunning custom-luxury home, offering incredible outdoor entertainment nestled on 2.25 acres with endless possibilities. The attached 1259 SF heated garage will fit all your toys combined with a separate RV garage built in 2022. It will fit a 32 ft RV, includes a bathroom, and is completely finished throughout with an HVAC system, finished interior to be used as a shop, game room or more. The resort-style fenced backyard boasts a large covered heated patio, outdoor kitchen, ramada & pergola with dining area, bocce ball court, putting green, hot tub, and more. Additional features include owned solar & very low electric bills, beautiful wood-look tile flooring, wood beamed ceilings, custom bar, and chef's kitchen with large island. The property is beautifully landscaped with a rustic water feature and an expansive paver driveway. The property can be split into two lots: 1.25 acres with the home and a 1-acre lot perfect to separate for a new build or a guest house for extended family. Located in Prescott's premier country club and golf resort community. Talking Rock is a 24-hour security gated luxury home community with a Troon golf course and exceptional amenities. You have everything you would want or need here, from golf, to pickle ball, tennis, dining, fantastic dog park and community garden. The solar system is owned and monitored by Solar One, an excellent AZ solar company!

10911 E Taos Drive Scottsdale, AZ 85262

$2,300,000
5 Beds
4 Baths
5,472 SqFt
Status Active
MLS # 6749370
Property Type Single Family Residence
Price Type --
This could be a car enthusiast home with window from bonus room to the garage. 33X25' and 16X25' garage with 12 foot ceilings. See concept design. Must see!! This exquisite home is an entertainer's dream oasis! Private yet minutes to restaurants and shopping.High-end finishes throughout. The bedrooms are thoughtfully separated giving extra privacy. Two primary suites with fireplaces. A resort-style backyard includes a built-in bar & BBQ, outdoor living room with a fireplace TV, misters, a fire pit, pool with spa. A second fireplace in the covered patio with misters, outdoor shower rounds out the outdoor entertaining areas. Photos are virtual staged and garage & wine room are renderings w/carlift & window A beautiful 2nd primary suite with fireplace and private entrance.

38800 N 107th Way Scottsdale, AZ 85262

$2,300,000
5 Beds
5 Baths
5,216 SqFt
Status Active
MLS # 6783067
Property Type Single Family Residence
Price Type --
This remarkable desert dream is the epitome of luxury and style. Nestled on a coveted corner lot, this energy-efficient cul-de-sac home is truly a homeowner's dream. From the moment you step inside, you'll be captivated by the fine craftsmanship and thoughtful design that went into every detail. As you enter through the foyer, the travertine flooring and exposed ceiling beams create an ambiance of elegance and sophistication. The spacious living room is a cozy haven with a stone fireplace, pre-wired surround sound, and multi-slider glass doors that provide a one of a kind indoor-outdoor living experience. Here, you can entertain guests or simply unwind while enjoying the breathtaking views of the surrounding landscape. Prepare to be inspired in the remarkable kitchen, equipped with stainless steel appliances, granite counters, and a travertine backsplash. With an abundance of cabinets, crown molding, a walk-in pantry, and an island with a breakfast bar, this kitchen is a chef's paradise. The adjacent breakfast nook provides the perfect spot to enjoy your morning coffee while taking in the beauty of the courtyard. This extraordinary property also features a 5-car garage, a paver driveway, and a private courtyard where you can relax and rejuvenate. Additionally, the attached casita with 1 bedroom and 1 bath offers a versatile space that can be used as a guest suite, home office, or even a studio. Located in a special community, you'll have the convenience of being within golf cart distance from both the prestigious Desert Mountain and Mirabel country clubs. Enjoy world-class amenities, championship golf courses, and a vibrant social scene right at your fingertips. Don't miss your chance to own this exceptional home that combines timeless elegance with modern comfort. Your dream home awaits!

2372 Summer Loop Forest Lakes, AZ 85931

$2,300,000
4 Beds
3.5 Baths
4,639 SqFt
Status Active
MLS # 6727951
Property Type Single Family Residence
Price Type --
Introducing an exquisite turn key (furnished) residence nestled in the serene Forest Lakes Estates at 2372 Summer Loop—offered for the discerning buyer. This majestic cabin-style house presents a unique harmony of luxury & natural beauty, spanning approximately 4639 square feet of meticulously crafted interior space, complemented by its enchanting outdoor settings. The journey begins on a stately asphalt circular driveway leading to a welcoming front porch. Stepping through the custom-designed front door, one is greeted by an expansive great room framed by soaring ceilings & walls adorned w/rare Aspen wood—an element that can no longer be sourced, adding exclusivity to the home.The great room's open layout flows effortlessly into a culinary masterpiece of a kitchen. Equipped with state-of-the-art Wolf & American (range) appliances, luxurious granite countertops, and an ample walk-in pantry, this kitchen is truly a chef's dream. The kitchen and dining area are not just a place for preparing meals, but an exquisite space for creating memories, surrounded by panoramic views of the lush landscape from the sliding glass doors that reveal an elevated deck, allowing for an immersive natural experience. The deck leads down to a second patio accessible from the walk-out basement, which serves as the ultimate entertainment hub. Here, a striking mesquite bar top with a live edge invites guests to gather around, while amenities such as a refrigerator, built-in ice maker, composite sink, and a cozy gas fireplace enhance the convivial atmosphere. The basement also features a spacious guest room, full bathroom and amazing storage closet. Then off to relax in the primary suite (main level of home), featuring a private fireplace, a sauna, and direct access to the deck, creating a perfect retreat. The ensuite bathroom adds a touch of opulence with a dual-sink vanity, a large jetted garden tub, and a luxurious walk-in shower. Upstairs, a generous loft space includes a second living area, ideal for a playroom or an additional family room, and an office space, providing functionality along with luxury. Two additional bedrooms with ample space and a full bathroom complete this level, ensuring comfort for family and guests alike. Outside, the property showcases terraced entertaining spaces amid a backdrop of towering ponderosa pines and spruces. The lush landscape is punctuated with perennial flowers and seating areas, including a fire-pit, designed for enchanting evenings under the stars. This residence does not just offer a home, but a lifestyle of unparalleled comfort and prestige, ready to welcome those who appreciate luxury merged with natural beauty. For those seeking a haven that espouses both refinement and grandeur, 2372 Summer Loop promises to be nothing short of extraordinary. **Seller spent around 15k leveling area for future detached garage /additional parking but would also make a great pickleball / sports court area.**

11426 E Quail Lane Cave Creek, AZ 85331

$2,300,000
4 Beds
4.5 Baths
3,861 SqFt
Status Active
MLS # 6729200
Property Type Single Family Residence
Price Type --
Glass dominant new build with total privacy and forever views of Tonto National Forest, mighty Four Peaks, Weaver's Needle and all connecting ranges. Sleek and stylish contemporary in cool neutral tones with stainless steel appliances and 6 CAR GARAGE with space for more if you wish. Intelligent and open floor plan with 4 bedrooms (including casita) and 4.5 bathrooms offering spacious comfort for all in residence. Kitchen designed in a clean white palette with an island large enough for both prep and service. 6 burner gas grill with griddle and side by side 60 inch refrigerator/freezer for the gourmand in mind. Gunmetal shades of grey high gloss Italian porcelain floors throughout. Spray foam insulation in every wall and ceiling, all en suite bedrooms with walk in closets. ''Passive home' design offers maximum energy efficiency delivering lower APS and gas bills as the construction/design amplifies conservation. Designed with an ideal Southern exposure/orientation to offer intentional interior climate controlled benefits throughout the year. Tonto Hills is a very private, equestrian deeded gem of a community at an elevation of 3800 feet enjoying cooler temperatures and a forever breeze on the mountain. No air traffic, countless hiking trails/landmarks and a neighborhood restaurant within walking distance with views that will astonish you and your guests. Plenty of room for a pool that could be seated for your privacy in mind capturing the panorama and moonscape views before you...

5039 S 158th Street Gilbert, AZ 85298

$2,300,000
4 Beds
4.5 Baths
4,285 SqFt
Status Active
MLS # 6768270
Property Type Single Family Residence
Price Type --
Rare opportunity to own a 2018 custom ranch farmhouse on 1.25 acres with no HOA. This 4 ensuite beds, 4.5ba home includes a 3-car garage plus a 52' RV garage. Features include stunning wood plank tile, wood beams, and abundant natural light. The large den with barn doors and a murphy bed can easily be utilized as a 5th bedroom. The master suite boasts a spa-like bath with a rainfall shower, garden tub, and large walk-in closet. A chef's kitchen offers ss appliances, a massive quartz island, and a walk-in pantry. Enjoy the covered patio with misting fans, fireplace, and mounted TV. The lush property includes mature trees, grass, garden beds, avail flood irrigation, a covered structure perfect for a boat or trailers, and prepped for another workshop with sewer and power readily accessible.

10270 E Saddle Horn Trail Scottsdale, AZ 85255

$2,300,000
4 Beds
4.5 Baths
4,003 SqFt
Status Active
MLS # 6762997
Property Type Single Family Residence
Price Type --
A rare opportunity in Eagles Glen, a small gated community with just 57 lots, perfectly situated next to Desert Highlands. This property, being offered for the first time by the original owner, spans 1.42 acres, providing exceptional privacy & breathtaking views of Pinnacle Peak, Troon Mountain, and the McDowell Mountain range. The home's north-south orientation allows for beautiful sunrise and sunset views. Upon entering, you're greeted by dramatic high ceilings and stunning views of Pinnacle Peak that draw your attention throughout the home. The residence features three en-suite bedrooms & an expansive master retreat, complete with a private sitting area. The master bath includes a separate jetted tub, shower, and an oversized walk-in closet with a securely lockable sportsman's closet. Designed for both formal and relaxed living, the home offers a formal living room, dining room, and an oversized kitchen with seating that overlooks the pool and mountain views. A full wet bar off the dining area and a butler's pantry make entertaining effortless. The private backyard includes a large covered patio extending to the pool area, where you can soak in the surrounding mountain scenery. The three-car garage features oversized 8-foot doors and an extended third bay. Located just minutes from world-class golf at Troon North, as well as shopping, dining, and some of Arizona's best hiking trails, including Pinnacle Peak Park and the expansive 23,000-acre Scottsdale Sonoran Preserve

22220 N 36th Street Phoenix, AZ 85050

$2,299,000
6 Beds
4.5 Baths
5,545 SqFt
Status Active
MLS # 6769829
Property Type Single Family Residence
Price Type --
Seller financing available, flexible terms. Bring all offers. Luxurious Mirador style Custom home in Desert Ridge on large view lot with resort style backyard. Enter this mansion, enhanced with twin circular staircase, custom medallion, diagonal travertine tile flooring and designer master bathroom with jetted tub . Enjoy this 6 bedroom 4.5 bath spacious and well lit family home with gourmet kitchen enriched by granite counter tops, stainless steel appliances and rich alder wood cabinets with crown molding through out. Relax in this cozy home with two fireplaces for those chilly winter nights and surround sound music to cuddle your soul. Step into the resort like backyard made for entertaining with heated pool and spa, covered patio, putting green.

24450 N 132nd Place Scottsdale, AZ 85255

$2,299,000
3 Beds
3.5 Baths
3,559 SqFt
Status Active
MLS # 6779779
Property Type Single Family Residence
Price Type --
Largest NEW single level home in North Scottsdale; large energy efficient silled windows throughout; stacking glass doors at study, familyroom and dining PLUS 90 degree dual sliding doors at family room; 3 bed, 3.5 bath + enclosed study; fireplace at family room; tiled showers in both ensuites; 2nd showerhead at owner's bath, custom appliances, exposed beams at owner's retreat; waterfall island w/custom tile and cabinets; added electrical thruout; wood flooring; custom closet system in owner's retreat; upgraded paint and molding, 2x6 construction and much more; EXTENSIVE NEW HOME WARRANTY.

8627 E Wood Drive Scottsdale, AZ 85260

$2,299,000
4 Beds
3 Baths
3,929 SqFt
Status Active
MLS # 6695619
Property Type Single Family Residence
Price Type --
ACRE lot in the heart of the Cactus Corridor. This home gives you the opportunity to value add big time. Comps well over $800/sf (neighbor sold for 3.25m!), and the buyer will have the opportunity to modify, change, and add on to truly make this property their own. 4 bedrooms, 3 bathrooms, 3 car garage, putting green, batting cage, sand bunkers for chipping, and the home has a phenomenal floor plan. Top notch location with great schools. You're close to shopping, fine dining, grocery stores, 101 access, night life, all of it!! Make this home your own!

8157 E Sierra Morena Street Mesa, AZ 85207

$2,299,000
3 Beds
4 Baths
4,685 SqFt
Status Active
MLS # 6742442
Property Type Single Family Residence
Price Type --
This 2 ACRE Estate Home is a rare find in beautiful Las Sendas. This stunning property offers the most incredible unobstructed south facing views of the surrounding mountains & city lights. Discover the luxury living at its finest with this captivating residence that boasts a circular foyer with water feature, 20+ ft soaring ceilings & a sliding glass wall that blends the interior with the exterior. The professional Viking kitchen, theater room, home office & 2 well located powder rooms complete the interior. Embrace the pinnacle of luxury living with a spacious rooftop deck showcasing the panoramic views of the valley. The extra large 4 car garage will house your vehicles & all your toys. Located near loads of shopping, dining & freeway access.

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