No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!

Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season.

Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now.

1. Demand is Strong 

Foot traffic refers to the number of people who are out, physically looking at homes right now. The latest foot traffic numbers from the National Association of Realtors (NAR) show that the number of buyers out looking for their dream homes in December reached the highest mark since February 2016.

These buyers are ready, willing and able to buy…and are in the market right now! Take advantage of the strong buyer activity currently in the market.

2. There Is Less Competition Now 

Housing inventory just dropped to a 3.6-month supply, which is well under the 6-month supply needed for a normal housing market. This means, in many areas, 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 is about to come to market.

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 four years. Many of these homes will be coming to market soon.

Also, new construction of single-family homes is again beginning to increase. A study by Harris Poll revealed that 41% of buyers would prefer to buy a new home, while only 21% prefer an existing home (38% had no preference).

The choices buyers have will increase in the spring. Don’t wait for this other inventory to come to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend to a smoother transaction.

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 4.7% over the next 12 months 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 rise by half a percentage point by the end of 2017.

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 back 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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40740 N Longhorn Drive Scottsdale, AZ 85262

$2,195,900

4 Beds

3.5 Baths

4,523 SqFt

Status Active

MLS # 6753439

Property Type Single Family Residence

Price Type --

Like two homes in one! Sensational city light and mountain views expanding over 50 miles showcase this lovely home situated on 10+ private acres within the exclusive enclave of Carefree Ranch Homesteads adjacent to Desert Mountain. Owned Solar w/Tesla Charging Station for ultra low electric bills. You'll experience the ultimate privacy among neighbors with $5M+ homes on large 5+ acre sites. Though on 2 levels, the main level has no steps with Living Room, dining room, kitchen, primary bedroom, powder room and 4 car garage. The lower level includes a 2nd master suite, large game room or guest living room with wet bar and two additional bedrooms and bath. This arrangement is perfect for shared ownership. The pool & heated spa and built in BBQ enhance the... outdoor experience soaking in the forever views. Many of Scottsdale's finest golf courses and 10 minutes from grocery, shopping and dining.

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9801 N Solitude Canyon Fountain Hills, AZ 85268

$2,195,000

4 Beds

4 Baths

4,615 SqFt

Status Active

MLS # 6757650

Property Type Single Family Residence

Price Type --

Welcome to this exquisite luxury home nestled within the guard-gated Eagle Mountain Golfing Community. This stunning residence boasts an impressive 4,615 sq ft of thoughtfully designed living space, offering an ideal retreat for both relaxation and entertainment. The home features 3 spacious bedrooms, including 2 guest suites and a huge primary suite, this home is perfect for hosting family and friends. The dedicated office space, complete with built-in cabinetry, provides a serene environment for work/study/extra bedroom. At the heart of this home lies a gourmet kitchen equipped with top-of-the-line appliances, perfect for culinary enthusiasts. An adjoining built-in wine closet and host bar make entertaining effortless and enjoyable. Step outside to discover your private oasis with a heated pool and spa. There is a built-in BBQ with a large covered patio to relax and enjoy your peaceful surroundings. Step out of the home and onto the front balcony to see breathtaking mountain and golf course views. It's the perfect setting for morning coffee or late afternoon, and into the evening, gatherings for entertaining. The space flows from the inside directly to the outside allowing the doors to remain open at all times for guests and family to move about freely. This home combines elegance and functionality, making it the ultimate choice for those seeking a sophisticated lifestyle in a vibrant community. Don't miss your chance to own this extraordinary property. 2022 HVAC systems (3), 2021 roof re-coating.

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7127 E Rancho Vista Drive Unit 6011 Scottsdale, AZ 85251

$2,195,000

3 Beds

2.5 Baths

2,406 SqFt

Status Active

MLS # 6759582

Property Type Apartment

Price Type --

EXCEPTIONAL, HIGHLY UPGRADED 2,406 SQFT 6TH FLOOR CONDO WITH TWO LARGE BEAUTIFULLY LANDSCAPED BALCONIES, AND GORGEOUS VIEWS! This exceptional 3 bedroom 2.5 bathroom condo features extensive floor-to-celing glass, a spectacular and highly upgraded gourmet kitchen, a well conceived open floor plan, superior finishes, 2 beautiful and quiet balconies, gorgeous views, 2 designated parking spots, and an attractive and upgraded laundry room. All found within the luxurious Optima Camelview Village, with it's unbeatable location & state of the art architecture/amenities. Amenities include: Two Outdoor Zen Pools, Spas & Bbqs One on each side of the community (heated year round). 24,000 sq. ft. Fitness Center (Recently Remodeled). Mens & Womens Locker Rooms w/ Steam Rooms, Showers and Private Lockers. Indoor Lap Pool & 2 Spas (Heated year round), On-site concierge, Putting green, Hybrid Basketball / Pickle-ball Court, Racquet ball court, On-site restaurant (metropolis), conference room, 24/7 Security, Reservable party room and multi-purpose fitness/yoga room.

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8418 E Windrunner Drive Scottsdale, AZ 85255

$2,195,000

4 Beds

3.5 Baths

2,967 SqFt

Status Active

MLS # 6769956

Property Type Single Family Residence

Price Type --

Another Southwest Urban Ventures creation, this stunning sophisticated remodel located in guard gated Talon Retreat at Grayhawk, is a true showcase of craftsmanship and elegance. This home perfectly balances comfort with functionality while embracing the latest design trends. Upon entering, you'll be greeted by a redesigned open concept layout that effortlessly connects the living, dining, and kitchen ares, ideal for modern living and entertaining. The spacious greatroom features expansive windows and glass door, allowing natural light to pour in and offering fantastic Arizona indoor / outdoor living. Custom built shelving and designer lighting add a touch of sophistication. The kitchen has been completely reimagined for the chef in mind, boasting high end appliances including a five burner gas range, wall oven with microwave (air fryer) combo and a sleek, oversized island with seating for casual dining. The walk in pantry is a masterpiece of design, featuring custom coffee station and plenty of storage for everything from dry goods to small appliances. Both master suites have been transformed into luxurious spa inspired retreats with freestanding soaking tubs, large glass enclosed showers, double vanities, and designer fixtures. The exterior spaces are meticulously curated for luxurious outdoor living. The pool area has been renovated to provide a lavish setting for relaxation and social gatherings, complemented by an outdoor kitchen with built in grill, cozy seating area, and linear water feature, ideal for year-round enjoyment. This home not only showcases the exceptional talents of Southwest Urban Ventures architectural and design team members, but also offers an unmatched lifestyle of luxury and comfort. Discover the unique charm and sophisticated elegance of this beautifully remodeled North Scottsdale residence. Grayhawk community luxury amenities include guard gated entrance, community heated pool and spa, lighted tennis courts, as well as walking and biking sidewalks. The Grayhawk Golf Club is open to everyone with two leading public courses, several dining options, rentable spaces, and beautiful views! This home is located within 10 minutes of many Scottsdale shopping, dining, and entertainment venues!!

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3185 E Stella Lane Phoenix, AZ 85016

$2,195,000

3 Beds

3 Baths

3,303 SqFt

Status Active Under Contract

MLS # 6776443

Property Type Single Family Residence

Price Type --

Nestled on a private cul-de-sac bordering a lush preserve, this residence is located in the prestigious, guard-gated Biltmore Greens community. As you enter, you'll be captivated by soaring vaulted ceilings and expansive, light-filled living areas. High-end sliding glass doors create a seamless transition to the vibrant backyard, where a private pool awaits.The modernized kitchen showcases sleek cabinetry, an oversized island with waterfall-edge countertops, and top-of-the-line appliances, including a built-in coffee maker and custom ice drawers. The primary suite serves as a luxurious sanctuary, extending to a private patio, inviting you to unwind in a spa-like atmosphere. The ensuite bathroom offers a large shower, a deep soaking tub, and finishes that emphasize a refined earthy palette. Ideal for entertaining or relaxing, this home is a fantastic opportunity to personalize and elevate your Arizona lifestyle in the beautiful Biltmore community. Don't miss the chance to make this sanctuary your own!

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4327 E Capricorn Place Chandler, AZ 85249

$2,195,000

5 Beds

3.5 Baths

5,638 SqFt

Status Active

MLS # 6702284

Property Type Single Family Residence

Price Type --

Welcome to your dream estate in the gated community of Vasaro in South Chandler. This luxurious home epitomizes elegance, with no detail overlooked. From the grand entrance to the stunning backyard, every feature exudes sophistication. Soaring ceilings, exposed wood beams, & custom finishes throughout. An open-concept Great Room connects seamlessly w/formal dining area, wine room, kitchen, & game room. A gallery hallway leads to the private owner's suite, featuring gas fireplace, dual closets & vanities, plus a bonus room perfect for exercise or a second office/craft room. The guest wing includes an office/library, half bath, media/playroom, & three bedrooms w/walk-in closets, one with an ensuite bathroom. Outside your backyard oasis is complete w/oversized play pool, custom rock features, & spa. Entertain on extended paver patios, under the gazebo w/built-in BBQ, or in the play area w/artificial turf. This estate is a must-see, offering unparalleled luxury & craftsmanship.

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9975 E Broken Spur Drive Scottsdale, AZ 85262

$2,195,000

3 Beds

3 Baths

2,960 SqFt

Status Active

MLS # 6712549

Property Type Single Family Residence

Price Type --

Welcome to Lookout Ridge Lot 1, a luxurious retreat nestled within the prestigious Desert Mountain community. This furnished 3-bedroom, 3-bathroom home spans 2,960 square feet and features an open floor plan that perfectly frames the breathtaking panoramic views of the surrounding mountains, twinkling city lights at night, and stunning sunsets. Step inside to a freshly painted interior that exudes a light and bright ambiance, making every room feel inviting and serene. The spacious living area seamlessly flows into the outdoor patio, designed for ultimate relaxation and entertainment. The patio offers a heated spa, and a fun little putting green to practice with friends and family. This home is designed for easy living, offering a convenient lock-and-go lifestyle ideal for those . who love to travel or maintain a low-maintenance home. Membership is not available with this property, but can be purchased through the Desert Mountain Club, waitlist in place. Additional information on membership applications can be found in the document tab. Embrace the unparalleled lifestyle and luxury that Desert Mountain offers with 7 golf courses, 10 restaurants, Spa and workout facility, tennis and pickleball, 20+miles of private hiking trail and many other fun activities.

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9441 N 129th Place Scottsdale, AZ 85259

$2,195,000

5 Beds

5.5 Baths

4,462 SqFt

Status Active

MLS # 6715590

Property Type Single Family Residence

Price Type --

Discover luxury in Scottsdale with this stunning home featuring 5 en suite bedrooms and an open floor plan perfect for modern living. The spacious layout seamlessly integrates the living, dining, and kitchen areas, making it ideal for both entertaining and relaxation. Enjoy serene hikes just minutes from your door, while the renowned Mayo Clinic and BASIS school are conveniently nearby. With upscale finishes, abundant natural light, and a prime location, this residence offers both comfort and convenience in one of Scottsdale's most sought-after neighborhoods.

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7035 E Juniper Village Drive Gold Canyon, AZ 85118

$2,195,000

4 Beds

4.5 Baths

4,125 SqFt

Status Active

MLS # 6746488

Property Type Single Family Residence

Price Type --

$100,000 PRICE REDUCTION! GORGEOUS REMODEL CUSTOM HOME. OVER $400,000 IN UPDATES! Upgrade list is included in the documents. Owner is a professional interior designer. Newly designed back patio with pool, hot tub and spacious sitting area. You will feel like you are on a permanent vacation! Four bedrooms, all ensuite. Primary bedroom has two walk-in closets. Open kitchen and great room layout. Dining area with wine closet, and separate living room area with a bar that opens to the back patio. Contemporary plaster throughout the home. Beautiful stone and wood floors. Beamed ceilings. Home is on the 13th hole of the Prospector Golf Course. Gorgeous, mature landscaping surrounding the home. 1,925 SF ROOF DECK WITH TWO FIREPLACES PROVIDES PANORAMIC VIEWS OF THE GOLF COURSE, CITY LIGHTS, SUNSETS, SUPERSTITION MOUNTAIN and Silly Mountain. TWO JACK NICKLAUS GOLF COURSES. Not a golfer? Enjoy tennis, pickle ball, bocce, hiking and many other activities. Country Club living st its best. You will love it here! Buyer and/or buyer's agent to verify all pertinent information including square footage. Club amenities under a separate agreement.

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11312 E Greenway Road Scottsdale, AZ 85255

$2,190,000

4 Beds

3.5 Baths

3,393 SqFt

Status Active

MLS # 6782700

Property Type Single Family Residence

Price Type --

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9825 E Sharon Drive Scottsdale, AZ 85260

$2,190,000

6 Beds

4.5 Baths

5,555 SqFt

Status Active

MLS # 6726874

Property Type Single Family Residence

Price Type --

Located on a cul-de-sac lot in a gated collection of newer luxury homes in the heart of North Scottsdale, this 6 bedroom, 4.5 bathroom basement home features 14 foot ceilings, energy-efficient 2x6 construction, oversize garages with huge storage cabinets, and is available fully furnished and decorated, with all housewares, for a turnkey experience as a second home. Owner suite is 75 feet long and over 1,000 square feet, with huge closet, office/sitting room, and fireplace. Basement wet bar and booming Dolby Atmos 4K home theater with huge custom sectional. Private guest suite with walk-in closet and full bath. Heated pool, hot tub, waterfall, misters, gas grill, and in-ground trampoline. Dog door with 50-foot dog run. Large front courtyard with fireplace. Large Smart Home package included: Mesh Wi-Fi and wired Gigabit Fiber Internet, with App-controlled Thermostats, Pool, Garage Doors, LED Lights, and Fans. Home's exterior painted in June 2024, and entire home interior painted. Two new 5 Ton AC + Gas Furnace units in 2022. Neighborhood is adjacent to a park with lighted tennis, basketball, baseball, and sand volleyball. The elementary school (Redfield) ranks #4 out of over 1,300 Arizona K-8 schools.

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10952 E North Lane Scottsdale, AZ 85259

$2,190,000

5 Beds

4.5 Baths

3,656 SqFt

Status Active

MLS # 6756082

Property Type Single Family Residence

Price Type --

This sophisticated home is the jewel you have been waiting for! Easy lock n' leave, virtually maintenance free resort style living! Perfect for part time or full time enjoyment. Gated private 9 home community. Close to freeway, dining, schools, shopping and health care. Primary bed on main level with fab walk in closet!. Kitchen is beautifully appointed with stainless appliances and quartz counters.Oak Hardwood flooring throughout home. Wide open living space with soaring 15' high windows& 40' of glass on south side. Sliding doors open wide to south facing serene private backyard oasis. Custom pool with edgeless design & luminar lighting Retractable patio awnings. For more...please see feature sheet in Doc tab. Art work on back exterior wall does not convey.

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