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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10243 N 58th Place Paradise Valley, AZ 85253

$1,696,000

4 Beds

3 Baths

2,693 SqFt

Status Active

MLS # 6727530

Property Type Single Family Residence

Price Type --

Turn-key offered fully furnished. Country Estates w/private large yard & new pool! 4 bedroom with 3 baths. Double bedroom that could easily be split for a 5th bedroom! BRAND new pool remodel just completed! Spacious open split floor plan w/ 2 master suites, high ceilings, skylights & lots of natural light. Expanded custom chef's kitchen w/ beautiful custom cherry cabinets, 3 sinks, 2 refrigerators, top of the line appliances- wolf, subzero, gas cooking & built in steamer. Quality luxury finishes- tile & Berber carpeting throughout, thermo pane windows, sophisticated lighting & sound systems, central vacuum, . Resort style mature landscaping w/ sparkling pool & lawn.

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52312 N 461st Avenue Wickenburg, AZ 85390

$1,695,000

3 Beds

2 Baths

1,794 SqFt

Status Active

MLS # 6733592

Property Type Single Family Residence

Price Type --

Welcome to your dream estate! Custom-built home sits on a 5-acre property in the desirable Wickenburg/Forepaugh area perfect for horse enthusiasts, here's what makes this property truly exceptional- tile floors elegant and easy to maintain wood shutters adds a touch of classic charm, pantry, utility sink in laundry room, bar area for entertaining, master suite walk-in closet, luxurious shower with double heads, knotty alder doors, tile baseboards, tongue & groove patio ceilings, full-size roping arena, ideal for practicing, priefert roping chute, 2 RV plug-Ins, 4 stall free style horse walker ,wash rack ,custom tack room with pavers, automatic waters, 12 covered stalls, 4 (30x40) pens, 3 (60x40) pens, 2 (50x 100) pens, hay shed, custom entry, quarter minus driveway, top notch facility,

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7151 E Mcdonald Drive Paradise Valley, AZ 85253

$1,695,000

2 Beds

3 Baths

1,884 SqFt

Status Active

MLS # 6768548

Property Type Townhouse

Price Type --

Welcome to the epitome of modern luxury at this exquisitely rebuilt from the studs out and reimagined single level jewel box. Luxuriously appointed, this Paradise Valley masterpiece is exactly what you have been waiting for and more. This stunning two bedroom, 2.5 bathroom townhome, complete with a versatile den, has been meticulously reconfigured to maximize space, eliminate hallways and raise ceilings, all with a soft contemporary design. Step inside to discover an open floor plan bathed in natural light, custom iron Western doors and windows and French white oak flooring and gas fireplace, highlighting the sophisticated style of the interior. Embracing indoor out door living, there are two charming limestone and turf patios with one patio featuring a newly built gas fireplace, creating an intimate atmosphere for both relaxing and hosting guests. The gourmet kitchen features custom designer cabinetry, elegant honed white marble countertops, wolf range, subzero refrigerator, subzero wine tower, and two additional beverage drawers. Retreat to the spacious master suite, where you'll find a luxurious spa-like bathroom with a walk-in shower, soaking tub, dual vanities, designer cabinetry, white marble and premium fixtures and custom walk-in closet. The second bedroom offers ample space and comfort, featuring a full ensuite and new closet. Attached direct access two car garage has newly epoxied floor and generous storage. A rare opportunity for an interior location at the exclusive Villa Serena community. You'll have access to a range of amenities including a sparkling pool, fitness center, and beautifully landscaped grounds. Located in prestigious Paradise Valley, this home offers unparalleled convenience with close proximity and walkability to upscale shopping, dining, and entertainment.

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13439 N 79th Street Scottsdale, AZ 85260

$1,695,000

3 Beds

2.5 Baths

2,710 SqFt

Status Active

MLS # 6776801

Property Type Single Family Residence

Price Type --

Phoenix Home & Garden Cover Home July 2022! This beautifully restored mid-century modern gem is so special and unique, you don't want to miss it! The main living room features original exposed beamed ceilings, gorgeous stacked stone fireplace, floor to ceiling & clerestory windows and opens to the new vibrant custom kitchen and dining space. Handmade Moroccan tiles adorn the kitchen backsplash with custom glass shelving and eco-friendly terrazzo countertops add a timeless appeal. In addition to the great room, there is an oversized bonus/game room with stone faced fireplace and vaulted exposed beams. Rounding out this 3 bedroom home is a bonus office/den space. All of this, plus located on a 32,000+ square foot lot with horse privileges in the heart of Scottsdale!

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3846 E Crittenden Lane Phoenix, AZ 85018

$1,695,000

4 Beds

3.5 Baths

3,356 SqFt

Status Active

MLS # 6780584

Property Type Single Family Residence

Price Type --

Gorgeous home with 4 bedroom/3.5 baths plus separate den & bonus room, nestled at the end of a cul-de-sac in a gated Arcadia community! This incredible home has Camelback Mt. views along with a luxurious kitchen with a walk-in pantry & butlers pantry, built-in fridge, high-end stainless appliances, huge island and tons of cabinet space. A highly desired open floor plan with luxurious wood floors & water softener system with R/O drinking water. On top of all that, it also has a beautiful, well-manicured, extremely low-maintenance outdoor space with heated pool and spa, artificial grass, brick pavers, built-in BBQ and fire pit. Even the garage is amazing with easy to clean epoxy floor, plus more storage! Located close to restaurants, entertainment, easy access to freeways & airport.

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309 E Georgia Avenue Phoenix, AZ 85012

$1,695,000

4 Beds

2.5 Baths

3,526 SqFt

Status Active Under Contract

MLS # 6764499

Property Type Single Family Residence

Price Type --

This 4 bed, 2.5 bath Tuscan inspired home in the heart of Uptown Phoenix has everything you've been looking for! Bursting with curb appeal, you are welcomed with lush landscaping and Chicago reclaimed brick walkways that lead to an open patio with gas fire pit at the entryway and as you step inside enjoy a thoughtfully designed floor plan split between two stories. The open concept kitchen features granite countertops, an island with a breakfast bar, and upgraded stainless steel appliances including a Viking range. The kitchen seamlessly flows into a tucked away eating nook and the open living room which includes a gas fireplace. The primary bedroom features its own fireplace, a separate seating area, a private entrance leading to the backyard, and a spa-like ensuite with a large walk-in shower, jetted tub, dual vanities, and a walk-in closet with custom built-in shelving. The first floor also includes a full bar that connects a formal eating space to the kitchen and living room, a convenient powder bath for guests, a full-sized laundry room, a private office, and a wine cellar tucked beneath the stairs, showcasing a custom arched iron door. Upstairs, you'll find a den, along with three additional bedrooms. One bedroom has been thoughtfully remodeled with rubberized flooring, ideal for a yoga or workout space. Step outside into your own backyard oasis designed for both relaxation and entertainment. The lush landscaping surrounds a shaded patio, pool, and multiple pergolas. You'll also enjoy an outdoor shower and a fully-equipped outdoor kitchen that includes a bar top with seating for 10, making this the perfect space for outdoor dining and hosting friends and family. The 3-car garage features ample built-in storage, additional racking system, a fridge and 2 Tesla charging stations. This home truly has it allluxury, style, and functionality. Don't miss the opportunity to make it yours!

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28669 N 94th Place Scottsdale, AZ 85262

$1,695,000

4 Beds

3.5 Baths

3,858 SqFt

Status Active

MLS # 6772160

Property Type Single Family Residence

Price Type --

Only 8 years old! This beautiful home is a must-see in the Troon North Community. Stylish yet casual, it features stunning finishes and an easy-living layout. The chef's kitchen boasts a spacious island and premium appliances, perfect for culinary enthusiasts. From your breakfast table, patio, and master suite, you'll enjoy breathtaking views of Pinnacle Peak and the lush greens of the Troon North golf course every day. For the adventurous spirit, the area offers numerous hiking and biking trails nearby. As you enter through the charming, enclosed entryway, you'll find a cozy sitting area—ideal for morning coffee or evening relaxation. Inside, discover beautiful stone floors and a seamless layout with no interior steps. This home includes 4 bedrooms, including a spacious master suite and a separate casita, along with 3.5 bathrooms, a large office, a great room, and a television or reading room. This residence embodies the Troon lifestyle at its finestluxurious, welcoming, and surrounded by natural beauty.

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6939 E Chaparral Road Paradise Valley, AZ 85253

$1,695,000

6 Beds

4 Baths

2,673 SqFt

Status Active Under Contract

MLS # 6776773

Property Type Single Family Residence

Price Type --

Brand new Heated pool in NOV 2024! PV home on almost half acre lot with NO HOA restrictions. Incredible Camelback Mountain views, walking distance from world-class Old Town Scottsdale restaurants/nightlife, & even fashion square mall. This 6 Bed, 4 Bath home with easy maintenance turf yard, putting greens, volleyball court w/ 2 hot tubs. This home has 2 kitchens and masters making it perfect for house hacking/investment or a mother-in-law suite. Home has separate entrances and ability to close off door to create two 3 bed, 2 bath living quarters.This home can can be used as a Air BNB, Behavior Health, Assisted Living, Sober Living; sky is the limit with this remodeled home in Desirable Rancho Vista PV neighborhood

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2647 E Vista Place Williams, AZ 86046

$1,695,000

3 Beds

3.5 Baths

4,184 SqFt

Status Active

MLS # 6692525

Property Type Single Family Residence

Price Type --

Discover tranquility & expansive beauty of the High Country. Stunning log home nestled on 5.03 acres secluded amidst towering juniper and pinon trees. A picturesque retreat boasts a charming wrap-around composite deck offering panoramic vistas, 3 bedrooms and 3.5 bathrooms, a spacious kitchen complete with a farmhouse sink, a welcoming great room & family room, versatile loft space, office for remote work or creative pursuits, hardwood floors, and luxurious in-floor heating. The main floor master suite offers a sanctuary with a generous walk-in closet, a separate jetted tub, and shower. Extra-large 2-car garage, measures 25x38, 950 sq ft, equipped with heating. Experience the epitome of mountain living in this idyllic haven.

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5805 E Agave Place Carefree, AZ 85377

$1,695,000

5 Beds

4 Baths

3,329 SqFt

Status Active

MLS # 6711345

Property Type Single Family Residence

Price Type --

This stunningly remodeled and modernized residence was crafted by the renowned architect Ilan Baldinger from Baldinger-Studio. Nestled at the foot of Black Mountain in Carefree, AZ, this exquisite home offers a tranquil setting. Step inside this luminous and spacious home to experience a sense of relaxation and serenity. Explore the expansive living and dining area with a revamped entertainment center, complete with a water vapor electric fireplace. The kitchen, with its contemporary white design, boasts top-of-the-line finishes and overlooks the living space and pool. The master suite features a private gas fireplace, a lavish bathroom with a freestanding tub, and a walk-in shower. Additionally, there is a guest casita or office ideal for remote work or visitors. The property includes a 3-car garage equipped with electric charging for your EV. Moreover, there is a separate air-conditioned RV garage or workshop. Countless other upgrades and amenities await discovery in this remarkable home - a true gem that should not be missed.

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4202 E Windsor Avenue Phoenix, AZ 85008

$1,695,000

4 Beds

2.5 Baths

3,420 SqFt

Status Active

MLS # 6716435

Property Type Single Family Residence

Price Type --

WOW! A new custom home in Arcadia Lite! Walk in to a spacious foyer with tall ceilings & tons of natural light. The living room is open to the kitchen & has spectacular views of the green grass & sparkling blue pool in the backyard. The kitchen boasts TWO islands, walk in pantry, induction cooktop, stainless steel appliances, quartz counter tops, & under-cabinet lighting. Enjoy hosting family & friends in the large dining area with additional cabinet storage. The master suite is a special oasis with a custom accent wall, wall sconces, and spa-like bathroom featuring double sinks, standalone tub, & pristine shower. The master closet even has it's own washer & dryer! The private backyard is ready for entertaining with both covered & uncovered patios and shimmering pool! RV gates! No HOA!

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18526 E Cloud Road Queen Creek, AZ 85142

$1,695,000

6 Beds

5 Baths

6,200 SqFt

Status Active

MLS # 6753942

Property Type Single Family Residence

Price Type --

Unleash your creativity with this expansive, unfinished home, ready to be tailored to your exact vision! Set on a sprawling 2 acres, this property offers the rare opportunity to craft your perfect residence from the ground up. With a generous 6,200 sq. ft the layout includes multiple bedrooms and bathrooms, allowing for flexible room configurations and personalized touches. Imagine creating expansive living areas, a gourmet kitchen, and luxurious master suites tailored to your taste. The on-site shop adds functionality, whether you need a workshop, storage, or an extra garage.Enjoy the benefits of a private, serene setting while still being conveniently accessible to local amenities and major roads.This is a rare opportunity to finish a home to your wants and needs.

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