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

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

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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14500 N Centennial Drive Prescott, AZ 86305

$1,900,000
3 Beds
4 Baths
3,288 SqFt
Status Active
MLS # 6774674
Property Type Single Family Residence
Price Type --
This exquisite modern ranch-style masterpiece is being built on a premium 1.02 acre lot# 56. Nestled amidst the serene Boulders - natural trees, ensuring privacy and tranquility for its owner. The Buyer will have the opportunity to handpick every finish, thanks to the generous Allowance package added, ensuring a truly personalized living experience that perfectly matches your unique style. The spacious single level home is 3288 SF with a 3 car RV/ Workshop garage. The open-concept design of this home offers a sprawling great room and a gourmet kitchen. The home is being built by Approved Talking Rock Home Builder known for his attention to detail and is a joy to work with.

25231 S 194th Street Queen Creek, AZ 85142

$1,900,000
5 Beds
5 Baths
4,452 SqFt
Status Active
MLS # 6784395
Property Type Single Family Residence
Price Type --
Prepare to be amazed! This stunning 5-bed, 5-bath home, thoughtfully designed by a professional interior designer, blends luxury and functionality. Custom wall trimwork and designer lighting flow throughout, creating an elevated ambiance. The living room features a marble-surrounded fireplace and a 20-foot glass slider wall for seamless indoor-outdoor living. The gourmet kitchen includes quartz countertops, a quartz slab backsplash, double islands, and a beverage center. High-end appliances include a 48'' gas range with a pot filler and a Frigidaire refrigerator/freezer with filtered water and ice. A walk-in pantry and an eat-in nook complete the space. The mudroom adds convenience with enclosed storage, a drop zone, and an Elkay water bottle filler. Lastly, the backyard includes a covered patio and extended seating area where you can spend quality time w/friends & loved ones! Hurry, act now!

3353 S Tourmaline Drive Flagstaff, AZ 86005

$1,900,000
3 Beds
3.5 Baths
2,720 SqFt
Status Active
MLS # 6757489
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the prestigious Pine Canyon Golf Course community of Flagstaff, Arizona! This beautifully maintained 3-bedroom, 3.5-bathroom residence offers 2,720 square feet of luxurious living space, perfect for those seeking both comfort and elegance. Step inside to discover a freshly painted interior and exterior, along with updated lighting fixtures that complement the home's warm, mountain-inspired design. The main floor features a spacious primary bedroom, providing convenience and privacy, along with a second bedroom ideal for guests or family. The heart of the home is the open-concept living area, where vaulted ceilings and a cozy fireplace create a welcoming ambiance. Welcome to your dream home in the prestigious Pine Canyon Golf Course community of Flagstaff, Arizona! This beautifully maintained 3-bedroom, 3.5-bathroom residence offers 2,720 square feet of luxurious living space, perfect for those seeking both comfort and elegance. Step inside to discover a freshly painted interior and exterior, along with updated lighting fixtures that complement the home's warm, mountain-inspired design. The main floor features a spacious primary bedroom, providing convenience and privacy, along with a second bedroom ideal for guests or family. The heart of the home is the open-concept living area, where vaulted ceilings and a cozy fireplace create a welcoming ambiance. Large windows frame stunning forest views, allowing you to fully immerse yourself in the natural beauty that surrounds you. Venture upstairs to find a versatile loft area, perfect for a home office or entertainment space, leading to a secondary primary suite. This upstairs retreat ensures everyone has their own sanctuary within the home. Situated in a peaceful cul-de-sac, this home boasts updated landscaping and a wrap-around deck, perfect for enjoying the picturesque Flagstaff outdoors. Additionally, the property features a fenced dog run, providing a safe and convenient space for your furry friends. Enjoy the close proximity to the community's top-notch amenities, including the clubhouse, dog park, and kids park, making it easy to embrace an active and social lifestyle. Don't miss your chance to own this exquisite home in Pine Canyon, where luxury living meets the beauty of nature. Schedule a tour today and experience the unparalleled lifestyle that awaits you in Flagstaff!

40072 N 110th Place Scottsdale, AZ 85262

$1,900,000
3 Beds
3 Baths
2,393 SqFt
Status Active Under Contract
MLS # 6737304
Property Type Townhouse
Price Type --
Apache Cottage in a fantastic location!!! Overlooking the 9th fairway of the Apache golf course offering wonderful mountain, sunset, and city light views! This comes fully furnished with everything you can think of all on one level. It is the perfect desert retreat just steps away from the community pool and a short walk to the fabulous Apache Clubhouse!'' MEMBERSHIP AVAILABLE to be purchased with this property. A 30-day Membership application review and approval is required. Contact the Desert Mountain Club for details.

3506 E Ivyglen Circle Mesa, AZ 85213

$1,900,000
8 Beds
6.5 Baths
8,103 SqFt
Status Active Under Contract
MLS # 6754378
Property Type Single Family Residence
Price Type --
This rare estate spans three floors & offers the equivalent of three homes in one with 3 full kitchens. The main floor inspires w/ soaring ceilings & abundant natural light that fills both formal & casual living spaces. Here, you'll find a stunning gourmet kitchen, a guest bedroom, a full bathroom, and a private casita suite (ADU) complete with its own office, spacious living area, garage and fully equipped kitchen. On the second floor, the master suite awaits, a luxurious retreat. Plus 2 additional bedrooms & an office, perfect for work or relaxation. The lower level offers a second ADU w/ 3 bedrooms, 1 bathroom, & its own living/dining area & kitchen— perfect for extended family or rental potential. The backyard features a pool, spa & fire pit. Room for pickleball ct. Virtually staged

28421 N 59th Way Cave Creek, AZ 85331

$1,899,995
3 Beds
3.5 Baths
2,946 SqFt
Status Active
MLS # 6641971
Property Type Single Family Residence
Price Type --
To Be Complete Summer 2024. The Elden's warmly inviting porch leads into a soaring foyer set between the spacious formal dining room and the flex room. The impressive great room overlooks a desirable covered patio. A cozy casual dining area complements the well-appointed kitchen featuring a large center island with breakfast bar, ample counter and cabinet space, a roomy walk-in pantry, and a butler pantry to the dining room. The serene primary bedroom suite is highlighted by a generous walk-in closet and spa-like primary bath with dual-sink vanity, large soaking tub, luxe shower with seat and drying area. Each secondary bedroom features a walk-in closet and private bath. Convenient powder room, an everyday entry, a centrally located laundry, and additional storage.

5530 W Sand Court Queen Creek, AZ 85144

$1,899,900
5 Beds
4.5 Baths
5,983 SqFt
Status Active Under Contract
MLS # 6743010
Property Type Single Family Residence
Price Type --
Welcome to your dream oasis! This exceptional and meticulously maintained custom home offers unparalleled luxury and comfort, situated on a spacious one-acre lot with breathtaking mountain views. Immerse yourself in the ultimate backyard retreat featuring an awe-inspiring 55,000-gallon solar-heated pool, complete with a thrilling 50-foot water slide and a raised jacuzzi. A built-in BBQ awaits the chef in you while your guests enjoy the glass firepits or poolside bar. Feel free to perfect your diving techniques with the impressive 14 foot pool depth. Natural boulders bring a beauty that is unmatched to this professionally designed landscape, which would cost nearly a million dollars to replicate today! Let's not forget the gorgeous interior of the home with its generous (more..... ...open layout. Enjoy five beautifully appointed bedrooms and five bathrooms, plus a functional den, providing ample space for both relaxation and entertainment. The fully finished basement offers a versatile space ideal for guests or as a private retreat, ensuring comfort and privacy for everyone. The home boasts a 3 car attached garage and an additional detached/oversized 2 car garage. There is plenty of room for a workshop and toy storage. The west side of the home has space for an RV garage or casita. Revel in stunning mountain views from various vantage points throughout the home...even from your own rooftop deck, providing 360 degree panoramic views. This home is a dream come true!

10425 N 131st Street Scottsdale, AZ 85259

$1,899,000
4 Beds
3 Baths
3,470 SqFt
Status Active
MLS # 6766677
Property Type Single Family Residence
Price Type --
**MOVE IN READY** Great location walk to Basis School and the Mayo clinic across the street. Started construction on .987 acre this is a steal. This Stylish Home features an open floorplan concept with a large Great Room that adjoins the Kitchen making it perfect for Entertaining. The Gourmet Kitchen is a Chef's Dream offering Stainless Steel Appliances with a Built-In Refrigerator, a Generous Kitchen Island, White Shaker Style Cabinets with Soft Close Drawers and Doors, Granit Counter Tops, Wood-like Tile in all the main areas. Step out onto your patio and enjoy the stunning Mountain Views along with the AZ Sunrise and Sunsets to the East and West! Close to Shopping and Entertainment. Very few new build opportunities in the area. Customize this home to make it yours!

2809 E Frye Road Phoenix, AZ 85048

$1,899,000
4 Beds
3 Baths
4,066 SqFt
Status Active
MLS # 6753443
Property Type Single Family Residence
Price Type --
Experience the epitome of modern luxury with this stunning, one-of-a-kind historical mountaintop estate in the heart of Ahwatukee. This exquisite home offers ultimate privacy with its exclusive private road entrance and a setting that truly stands out. Every inch of this 4-bedroom, 3.5-bath, 4,000+ square-foot home has been thoughtfully designed and renovated to provide unparalleled comfort and sophistication. Catch the breathtaking panoramic mountain and city views The great room's retractable glass doors flood the space with natural light, creating a seamless indoor-outdoor living experience. There is room (and plans available) for your own private pool. At the heart of the home is the gourmet kitchen, a chef's dream featuring top-of-the-line stainless steel appliances, a spacious white granite island, and a layout perfect for entertaining. The large bedrooms, including the expansive master suite, are bathed in natural light, offering serene spaces for relaxation Nestled against the Mountain Preserve on a cul-de-sac, this custom ranch-style home, was originally designed by John Kane of Achitekton, offers a unique sanctuary. Situated on just under 2 acres, this property includes a 3-car garage and the potential for additional adjoining parcels. This home is ready for its next owner to enjoy. Follow the long, scenic driveway to discover your new hilltop retreat. This rare gem awaitsdon't miss the chance to call it your own!

2608 S Sycamore Village Drive Gold Canyon, AZ 85118

$1,899,000
3 Beds
3.5 Baths
3,999 SqFt
Status Active
MLS # 6763907
Property Type Single Family Residence
Price Type --
GORGEOUS REMODEL IN SUPERSTITION MOUNTAIN (SEE LIST OF RENOVATIONS IN THE DOCUMENT SECTION!) MOUNTAIN VIEWS! 3 bedrooms plus and office and 3 1/2 baths Large primary suite with walk-in custom closet and den area, coffee bar and refrigerator. Cozy patio off the master bedroom with fireplace. Perfect area to add a hot tub. Each bedroom has access to a patio. New granite in the kitchen and all the bathrooms. OVERSIZED THREE CAR GARAGE WITH STORAGE AND AN EV CHARGER OUTLET. 24 GUARD GATED COMMUNITY. Two Jack Nicklaus golf courses! Not a golfer? Enjoy pickle ball, tennis, bocce and many other activities.COUNTRY CLUB LIVING AT ITS BEST! 35 minutes to Sky Harbor and 20 minutes to Mesa Gateway airports. Club membership and amenities under a separate agreement. Buyer and/or buyer's agent to verify all pertinent information including square footage.

37301 N 99th Street Scottsdale, AZ 85262

$1,899,000
4 Beds
3.5 Baths
4,304 SqFt
Status Active
MLS # 6766150
Property Type Single Family Residence
Price Type --
WOW! This amazing 4 bed, 3.5 bath residence is located in the prestigious Mirabel community in North Scottsdale. The 4th bedroom is an attached casita w/ ensuite bath, perfect for guests. It has a premium cul-de-sac lot, a beautiful facade w/stone accents, a manicured desert landscape, paver driveway & walkways, and 4-car garage w/epoxy flooring & built-in cabinets! Discover a spacious living area w/high ceiling and a fireplace to keep you warm during the coming winter months! Soft carpet in all the right places, plantation shutters, upgraded ceiling fans, LED lights, and a neutral palette throughout! The chef's Kitchen showcases tons of cabinet space w/sliding shelves, granite counters, tile backsplash, Wolf appliances including a Sub Zero Fridge, ice maker, garbage compactor, a huge walk-in pantry, and an oversized island w/a breakfast bar & a sink with hot/cold dispenser. The formal dining room highlights a stunning Ironworks door to the back entrance from the driveway, as well as an entrance from the garage. You'll love the primary bedroom, boasting a private sitting room w/elegant wood-look flooring, direct outdoor access, a lavish ensuite w/dual sinks & 2nd shower, and a walk-in closet for all your personal belongings. For added convenience, other bedrooms enjoy access to a Jack & Jill bath w/shower door. Stylish French doors open up to a cozy den w/more built-in cabinets, ideal for an office or reading nook. Don't forget about the HUGE bonus room/casita w/full bathroom & outdoor access, which can be used as a game room, home gym, or guest quarters. NEW in 2017: Paradise resort-style backyard features a covered patio w/closing sun shades & ceiling fans, extended paver seating area w/a built-in BBQ & pizza oven plus an additional gas stub, a large custom glass fireplace designed to keep the heat facing in towards the yard, heat resistant turf, a sports court, a saltwater pool w/fire pots plus a rock waterfall & slide, and a refreshing spa! Full house water filtration, central vacuum, alarm system, and leased solar panels for energy efficiency! This is the opportunity of a lifetime!! Don't let it slip away!

7180 E Kierland Boulevard Unit 1115 Scottsdale, AZ 85254

$1,899,000
2 Beds
2 Baths
1,686 SqFt
Status Active
MLS # 6606149
Property Type Apartment
Price Type --
Discover the pinnacle of contemporary living with spectacular and breathtaking views of the McDowell Mountains from this 11th floor penthouse. Floor to ceiling windows help showcase the incredible views. The penthouse features hardwood floors, an outdoor patio with gas stub out, motorized blinds, Bosch kitchen appliances and wine fridge. Primary bathroom features 48x24 inch slab tile and private water closet. Extra high ceilings accentuate the open floor plan with split bedrooms. The laundry room is large offering additional storage space. This penthouse comes with 2 parking spaces and an EV charger. Optima Kierland offers residents a luxurious lifestyle with unparalleled resort amenities, highlighted by the exquisite rooftop pool, along with a hot tub, cold plunge, steam and sauna, and outdoor kitchen and bar. The 1st floor gym is huge and state of the art. Indoor basketball and pickle ball courts complete the outstanding amenities at Optima Kierland Enjoy easy access to Kierland Commons, Scottsdale Quarter, and some of the city's finest restaurants and boutiques .This is more than just a home; it's a year-round vacation destination.

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