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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9926 E Kemper Way Scottsdale, AZ 85255

$6,995,000 - 4Br/5Ba -  for Sale in Silverleaf At Dc Ranch, Scottsdale
Open House
$6,995,000
4 Beds
5 Baths
6,649 SqFt
Status Active
MLS # 6704911
Property Type Single Family Residence
Price Type --
Welcome to Silverleaf Arcadia's European inspired masterpiece home situated at the top of the cul de sac and surrounded by lush park like landscaping featuring 4 bedrooms and 5 bathrooms. The ideal layout for entertaining, with soaring 20 foot+ ceilings, a large great room open to the gourmet kitchen featuring both a breakfast room and formal dining plus a butlers pantry. The main level owners suite features a beautiful fireplace, and a large bathroom with his and hers vanities plus a walk in closet with custom cabinetry. Upstairs features 2 bedrooms, 2 bathrooms a game room and movie room plus fabulous oversized patio with beautiful mountain and sunset views. The guest casita has a fabulous private entry, beautiful kitchen and living room plus two large guest bedrooms. Plus a Brand new laundry/craft room with amazing storage and island. Step outside to a beautiful outdoor patio with large fireplace and outdoor kitchen. The sparkling pool with spa and water feature add beauty and the hidden wall of fire behind the pool dazzle for evening entertaining. Plus a splash pad for days the kids or pups want to Cool off and play. The park like back yard offers several patios with private water features and more incredible views.

6800 E Caballo Drive Paradise Valley, AZ 85253

$6,975,000
5 Beds
7 Baths
8,866 SqFt
Status Active
MLS # 6746023
Property Type Single Family Residence
Price Type --
This distinguished residence, inspired by the elegance of Santa Barbara and situated in the heart of Paradise Valley, epitomizes luxury with its unparalleled finishes on a secluded and verdant corner lot. The property exudes an impressive street presence, drawing you in with its meticulous details and sophisticated design from the moment you arrive. Inside, the home boasts dramatic high ceilings adorned with custom elements, new designer lighting, and pristine white Venetian plaster, creating an immediate sense of grandeur. The interiors are further enhanced by exquisite stone and wood flooring, Cantera stone fireplaces, and custom furniture-grade cabinetry, all contributing to an ambiance of refined luxury. The formal living and dining areas seamlessly transition to a gourmet kitchen and family room, which features an updated wet bar. Additional highlights include a charming powder room and an 800-bottle wine room, both serving as elegant finishing touches. The ground floor is dedicated to a luxurious owner's retreat, complete with a spa-like bath, expansive dressing areas, and custom-built cabinetry, offering an unparalleled sanctuary. Also on the first level is a fully appointed guest suite, featuring a separate living area, bedroom, and full bath, ensuring a private and comfortable experience for visitors. The well-designed home theatre, equipped with custom paneling and a full bath, adds to the entertainment options available on this floor. A grand foyer staircase leads to the second level, where guest accommodations include a loft corridor overlooking the family room and kitchen. This level offers an ensuite bedroom with a full bath, an additional bedroom with a bath, and a versatile game room and additional laundry-room. The property also features a fully appointed guest house, which includes a spacious living room, kitchen, half bath, bedroom with a full bath, and laundry facilities ideal for live-in family members or long-term guests. The expansive backyard is designed for entertaining and relaxation, featuring ample covered patio space, a refreshing pool and spa, a BBQ area, and lush, mature landscaping. This home is a paragon of elegance and embodies the quintessential Paradise Valley lifestyle.

4350 N Jokake Drive Scottsdale, AZ 85251

$6,975,000 - 5Br/6Ba -  for Sale in Arcadia Manors, Scottsdale
Open House
$6,975,000
5 Beds
5.5 Baths
6,750 SqFt
Status Active
MLS # 6716654
Property Type Single Family Residence
Price Type --
This is a very special home created by long time Arcadia builders Mike and Kim Krogh. The lush acre plus lot is one of the best in the neighborhood with exceptional curb appeal and a backyard that is the depth of an actual football field with a new pickle ball court and adjacent shaded ramada to relax under between games. Every surface in the home is brand new, and the modern architecture perfectly combines elegance and comfort with clean lines and fresh finishes at every turn. The neutral palette and perfectly placed splash of color create organic beauty and a truly serene vibe. The double island kitchen is exquisite, the living spaces are exceptional, all the bedrooms and baths are beautiful and the unique designer finishes include wood flooring, artistic tile, marble, quartz, wood

26761 N 98th Way Scottsdale, AZ 85262

$6,950,000
4 Beds
5 Baths
7,106 SqFt
Status Active
MLS # 6665458
Property Type Single Family Residence
Price Type --
An extraordinary property nestled just under Pinnacle Peak on the highest lot in Estancia * A exceptional example of tradition, charm & elegance designed by Jeff Biever and built by Bob Byrd * Split floor plan with a large master suite that includes a sitting area and office * Beautifully landscaped hillside setting with a negative edge pool that spills toward spectacular city light, mountain and golf course views * Interior details and materials include travertine and flagstone flooring, granite and marble surfaces and hand-carved doors and cabinetry * A separate entrance guest house with kitchenette completes the residence *

5400 E Valle Vista Road Unit 6 Phoenix, AZ 85018

$6,950,000
5 Beds
6.5 Baths
10,519 SqFt
Status Active
MLS # 6765140
Property Type Single Family Residence
Price Type --
Highest Home on the south of Camelback with spectacular vistas. Very private gated estate sits on almost 3.5 acres. 10,500+ sf of living, 7 car garage, 12,000+ sf patios with magnificent views floating over Phx & Scottsdale. Main house includes huge master suite, gym, theatre room, wine cellar, billiards rooms, office & 2 very large private guest suites. Negative edge pool & hot tub, BBQ, perfect for entertaining. 2B/2BA Guest home large w/living room & full kitchen. Property also has an art studio, workshop, & storage. An opportunity to do a light remodel but value is in the land. Build a trophy estate on Camelback with the city allowing 37,000+ sf of lot disturbance and little to no pad prep to build the ultimate estate.

6717 E Solano Drive Paradise Valley, AZ 85253

$6,950,000
4 Beds
5.5 Baths
6,425 SqFt
Status Active
MLS # 6784399
Property Type Single Family Residence
Price Type --
This beautiful home of almost 7000 sq ft located in the heart of Paradise Valley, is an entertainers delight. In 2022 with the addition of over 3000 sq feet to the original homes footprint, the design team at Legacy Remodeling have created an exceptional home that boast both luxury and comfort. As you enter the home you are greeted by a beautiful outdoor courtyard with a fireplace and water feature both imported from France. No detail has been overlooked in this stunning kitchen with butler pantry. From the Wolfe, Cove and Subzero appliances to the bookmatched quartzite countertops, this dream kitchen has it all. The formal dining room located off the kitchen has wall to wall sliders on 2 sides of the room that open all the way to give you the feeling of dining al fresco. Take the elevator or stairs to the primary suite, with a balcony and gorgeous views of Camelback Mountain and the infamous Praying Monk. The primary bathroom has a washer and dryer conveniently located so no need to bring laundry up and down. The oversized steam shower is the highlight of the bathroom. The original homes footprint has 2 bedrooms along with a very large family room with a wood burning fireplace and game room. A new wine room was built with glass doors and a high top table to entertain your friends and family. The home also has a greenhouse room for indoor gardening. The backyard has a large outdoor cooking area and bar with plenty of seating. There is a putting green, pool and a ramada with an outdoor fireplace along with another gas firepit with bench seating around it. Enjoy the stunning views of Camelback Mountain and the beautiful Arizona sunsets while outdoors in this relaxing and serene backyard.

4116 E Mountain View Road Phoenix, AZ 85028

$6,950,000
7 Beds
7.5 Baths
7,427 SqFt
Status Active Under Contract
MLS # 6691499
Property Type Single Family Residence
Price Type --
Experience the pinnacle of luxury living with this extraordinary new construction estate, where every detail exudes unparalleled craftsmanship and sophistication. A harmonious blend of timeless elegance and contemporary grandeur. Designed to captivate the senses, the architectural brilliance of this estate is shown in every detail, from the majestic facade to the spectacular interior spaces. Just wait to experience the game of lights and the impressive LED designs. Expansive and bright living space open to a state of the art kitchen. Absolute culinary masterpiece with top of the line appliances, quartzite counters, custom cabinets, designer lights and fixtures. A second island for dining purpose available to be installed if Buyer wishes. Generous fully equipped butlers pantry adjacent to the kitchen. The heart of the home is a glorious contemporary fireplace dividing the space to offer versatility. Store your wine collection in the oversized climate controlled wine vault. The primary suite offers a wealth of luxurious amenities. 2 water closets, 2 custom walk-in closets, colossal multi-head shower room, soak-in tub. From your bed you get to enjoy the breathtaking views of your resort style backyard. All bedrooms are huge with their own lavish en-suite bathrooms located near a second living room. Wait to see the casita - elegant and private with full kitchen, laundry room, private entry and access to the garage and backyard.The outdoors space is every entertainer's dream - fireplaces to bring all the drama, Caribbean water color heated pool&spa, shower, turf and real grass, pickleball & basketball court, outdoor kitchen. Oh and those mountain views & stunning Arizona skies. Speaking of views, go up to the overlook deck and marvel at the serene beauty and awe-inspiring city lights and dreamy mountains. Landscaping is a perfection- a flawless symphony embracing the charm of the enchanting Sonoran desert. Highest tier energy efficient home.Prime location near A+ rated schools, fine dining, hiking, shopping, resorts. Easy access to 51 freeway that can take you to sought after venues within minutes.

5525 E Lincoln Drive Unit 124 Paradise Valley, AZ 85253

$6,935,000
4 Beds
4.5 Baths
4,068 SqFt
Status Active
MLS # 6783044
Property Type Single Family Residence
Price Type --
Nestled in the prestigious Mountain Shadows Estates West of Paradise Valley, this luxurious 4-bedroom, 4.5-bathroom residence offers unparalleled elegance with breathtaking views of Camelback Mountain and direct access to the Mountain Shadows golf course, located on the scenic 10th hole tee box. Designed with meticulous attention to detail, this home seamlessly blends modern amenities with timeless sophistication. The expansive floor plan is anchored by a gourmet kitchen, featuring premium appliances, a large island, and custom cabinetry—perfect for entertaining. Throughout the home, large windows capture the stunning natural beauty of the surrounding landscape, filling the interiors with abundant natural light and showcasing the iconic Camelback Mountain views. Outside, the beautifully landscaped backyard offers a serene oasis with a covered patio, perfect for enjoying Arizona's breathtaking sunsets. The home also includes a three-car garage and ample storage space. Residents can gain access to the Mountain Shadows Resort, located just moments away. Indulge in world-class amenities, including fine dining, a luxurious spa, a state-of-the-art fitness center, and a resort-style poolall within the resort's sophisticated, serene setting. Don't miss the opportunity to own this exquisite property in Mountain Shadows Estates West. Listing Agent and Co-Listing Agent have a financial interest in the property (see documents tab for disclosure).

18720 N 101st Street Unit 3017 Scottsdale, AZ 85255

$6,900,000
5 Beds
5.5 Baths
5,534 SqFt
Status Active
MLS # 6635509
Property Type Apartment
Price Type --
The FINAL and much anticipated phase of the highly successful Icon project now available with construction well underway and estimated completion in 2025. This is not only an opportunity for extraordinary views and new construction , it also continues to be the best opportunity to be inside the gates of Silverleaf. ICON at Silverleaf offers an unlimited lifestyle with the lock-and-leave luxury of exceptional single-story flats amid the incomparable beauty of Arizona's McDowell Mountains. This rare and unique offering of spacious, open-concept residences affords the very best of all possible worlds, close to the cosmopolitan conveniences of affluent North Scottsdale, yet secreted within the pristine privacy of the Sonoran Desert behind the gates of the truly iconic upscale private community of Silverleaf. An exquisite 5 BEDROOM CONDOMINIUM WITH BREATHTAKING VIEWS. With a total of 5,534 square feet, this contemporary yet timeless residence offers a spacious open floor plan and luxurious living. The expansive exterior patio offers plenty of room for entertainment while the interiors are meticulously crafted with high-end finishes and upscale details. Four parking spaces are included with this home along with two ample storage units. Silverleaf, located in North Scottsdale, Arizona, is a prestigious guard gated community known for its luxurious estates, exclusive golf courses, private Club and stunning desert landscapes. The Tom Weiskopf-designed Silverleaf Golf Course is a highlight for golf enthusiasts. With a blend of Spanish and Mediterranean-inspired architecture, the community offers a high standard of living, including upscale amenities like spas, fine dining, and exclusive shopping. Residents enjoy a harmonious balance between modern luxury and the natural beauty of the desert environment, making Silverleaf a sought-after destination for those seeking an exceptional lifestyle in North Scottsdale.

7714 N Calle Caballeros -- Paradise Valley, AZ 85253

$6,900,000
6 Beds
7 Baths
8,369 SqFt
Status Active
MLS # 6773494
Property Type Single Family Residence
Price Type --
This stunning estate in Paradise Valley greets you with dramatic landscaping and lush lawns, effortlessly merging timeless charm with modern sophistication. Spanning 8,369 sq ft, the main house and separate casita are designed with meticulous attention to detail, featuring a barrel-vaulted herringbone brick ceiling in the kitchen, hand-carved wood beams in the living room, beautiful arched hallways, and exquisite stone and wood flooring throughout. Transform movie nights with the lavish custom theater and game room, ideal for gatherings with family and friends on warm summer days. Retractable glass walls in both the family and living rooms open to a resort-style backyard, complete with two custom cabanas overlooking a glass-tiled pool and expansive lawn. The primary suite, nestled in its own private wing, offers a cozy sitting area, an ultra-luxurious bath, custom his-and-hers closets, an exercise room with a wet bar, and a secluded patio. Down the grand arched hallway, you'll find the formal dining room adjacent to a wine cellar, as well as an impressive office featuring coffered wood ceilings and its own private patio.

1875 E Dragonshead Road Rimrock, AZ 86335

$6,900,000
2 Beds
1 Bath
2,526 SqFt
Status Active
MLS # 6756667
Property Type Single Family Residence
Price Type --
The spectacular Dyck Ranch is one of the largest privately held properties in central Arizona's stunning Verde Valley. It is 314 acres of endless opportunities, with over a mile and a half of Wet Beaver Creek running through it year round and 22 acres of irrigated farm land with grandfathered water rights. There are 3 wells (including an agricultural well for field irrigation) and a 2500 sf limestone, 2 bedroom residence originally built in 1959 and remodeled in 2010 to be a stunning studio space with 18 ft ceilings and floor-to-ceiling windows overlooking a well fed pond ringed with mature trees. The ranch sees extensive wildlife and backs up to Coconino NFS and the Montezuma Castle National Monument. It even hosts its own cliff dwelling archeological site and a suspension footbridge. A 100 miles from Phoenix, 50 miles from Flagstaff and 20 miles from Sedona, the old Dyck Ranch sits at a temperate 3500 ft in elevation. The varied topography offers mesas, gently sloping hillsides, and rocky outcrops overlooking an extensive riparian environment, pastures and irrigated fields. There are numerous potential building sites available for buyers looking to develop and acres and acres of space from the neighbors for buyers looking for privacy. Originally owned by renowned Western artist Paul Dyck for over 65 years, the property has supported cattle and horses, as well alfalfa and hay production over the years and now boasts a solar array with batteries designed to allow the ranch to function off-grid if desired. This quintessential Western ranch and secluded artist retreat is looking to you for the next stage in its existence, be it as private ranch, a retreat center, a sustainable family farm, an equestrian facility, a vineyard/winery, a luxury eco-resort, a wedding/event venue, or an entirely new subdivision of luxury homesthis land is ready for just about anything you can think of.

1385 S Loy Road Cornville, AZ 86325

$6,900,000
10 Beds
10 Baths
39,489 SqFt
Status Active
MLS # 6757510
Property Type Single Family Residence
Price Type --
Unparalleled opportunity to own over 40 acres outside of Sedona. These remarkable 8 parcels hold the potential to create your own ranch, business, and rental opportunities all in one place. Sitting Creekside and just 20 minutes outside of Sedona, this horse property includes residential homes, a hotel, an opera house, indoor skating rink, tennis court, golf course, barn/stable, general store, and original stage coach. Listing Broker has full parcel and property details. This is truly a one of a kind property.

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