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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9802 E Hidden Valley Road Scottsdale, AZ 85262

$1,650,000
3 Beds
3.5 Baths
3,400 SqFt
Status Active Under Contract
MLS # 6776316
Property Type Single Family Residence
Price Type --
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18965 E Vallejo Street Queen Creek, AZ 85142

$1,650,000
4 Beds
3.5 Baths
3,835 SqFt
Status Active Under Contract
MLS # 6778193
Property Type Single Family Residence
Price Type --
Amazing 4 bedroom property with SanTan Mountain Views! Be welcomed by the manicured front yard, showcasing a lovely landscape, RV Garage + oversized 2 car garage, an RV gate, an extended paver driveway, & a relaxing front patio ideal for taking your morning coffee. Inside, discover the soaring high ceilings, wood flooring, & a spacious living room, w/an inviting fireplace,& large sliding doors to the backyard that seamlessly merge the indoor & outdoor activities. The formal dining room enjoys plantation shutters & a sophisticated chandelier. Recessed lighting, granite counters, SS appliances, mosaic backsplash, shaker cabinets w/crown mouldings, a barn door to the walk-in pantry & a central island are some of the features you will adore about the pristine eat-in kitchen... The majestic main bedroom boasts a sitting area, bountiful natural light, backyard access, & a lavishing ensuite w/dual vanities, a freestanding soaking tub, a fully tiled enclosed shower, & a large walk-in closet. The outstanding backyard provides a cozy covered patio, paver pathways, & a lovely firepit that will make your night gatherings very memorable. There is an office that can be turned into a bedroom with its own bathroom and entry. This gem won't last for long!

31222 N 54th Place Cave Creek, AZ 85331

$1,650,000
4 Beds
4.5 Baths
4,025 SqFt
Status Active Under Contract
MLS # 6779177
Property Type Single Family Residence
Price Type --
Step into a world of luxury with this immaculate and beautifully appointed home located in the highly desirable Lone Mountain corridor. From the moment you enter, you'll be captivated by the expansive kitchen, featuring a stunning 12-foot island, double-stacked cabinets, and soaring high ceilings. Equipped with top-of-the-line SubZero and Wolf appliances, this kitchen is a culinary paradise, offering impressive storage and a spacious butler's pantry. The inviting great room is designed for relaxation and social gatherings, flowing seamlessly into a large shaded patio where you can enjoy breathtaking sunset views. This ideal floor plan includes two luxurious primary suites, each offering walk-in closets and elegant baths. The main primary suite serves as a true sanctuary, boasting dual closets and a spa-like wet room complete with a shower and jetted tub for ultimate relaxation. This home's charm extends beyond the main living areas. A private casita with its own entrance features a cozy living area and kitchenette, perfect for guests. Additionally, you'll find an en-suite bedroom and a dedicated office with custom built-ins, offering both privacy and functionality. Experience ultimate outdoor living in your own private backyard oasis with mountain views, complete with an artfully designed pool, tranquil water feature, spa, built-in BBQ, and a sit-up bar perfect for gatherings with family and friends. Don't miss your chance to own this stunning home that perfectly blends elegance, comfort, and outdoor enjoyment.

12423 N 64th Street Scottsdale, AZ 85254

$1,650,000
4 Beds
3 Baths
3,599 SqFt
Status Active
MLS # 6783418
Property Type Single Family Residence
Price Type --
This non-HOA ranch style home has been renovated from top to bottom with a nearly 600 square foot master suite addition. The remodeled kitchen showcases custom designed cabinets from Affinity Kitchens, an expansive granite island, and a Wolf induction stovetop. The newly added master suite is made out of ICF block for energy efficiency and peacefulness. All major systems have been replaced on the home between 2019 and 2024 including the roof, two ACs, the electrical panel, water heater, and new stucco. The guest house can function as the perfect in-law suite or rental. The almost acre-sized lot has room for your boats, cars, and RVs. It is also horse ready with a 5 stall barn. This is a truly move in ready and modernized home!

5224 W Creedance Boulevard Glendale, AZ 85310

$1,650,000
5 Beds
4.5 Baths
4,592 SqFt
Status Active
MLS # 6665837
Property Type Single Family Residence
Price Type --
WOW! This magnificent horse property, nestled on a one-acre lot in a tranquil cul-de-sac, offers an exceptional living experience. It features a circular driveway leading to a 5-car garage, an RV garage, and extensive parking spaces, accommodating various vehicle types with ease. The home's interior is a testament to luxury and comfort, boasting vaulted ceilings that create an airy and open ambiance. The stone floors add an element of rustic elegance, while plantation shutters provide both privacy and style. The living areas are spacious and well-appointed, featuring a wet bar, wall niches, and a two-way fireplace that serves as a focal point, enhancing the home's cozy yet sophisticated feel. Culinary enthusiasts will be delighted by the kitchen, which is equipped with wood cabinetry, granite counters and backsplash, stainless steel appliances including wall ovens, and a large center island with a breakfast bar, making it a perfect space for both cooking and socializing. The main bedroom is a haven of relaxation, complete with a sleek bathroom that includes a soothing tub and dual sinks. Additional bedrooms are thoughtfully designed with built-in cabinets and desks, catering to various needs. A spacious loft with built-in cabinets serves ideally as an office or studio space. The property also features an in-law suite, offering a living/dining room, a kitchenette, a cozy bedroom with private outdoor access, a laundry area, a personal bathroom, and a loft that can be used as another bedspace, providing comfortable and independent living quarters. The backyard is a masterpiece of outdoor living, boasting a covered patio, gazebo, private putting green, built-in BBQ, multiple sitting areas, a firepit, and a fenced-in pool, offering endless entertainment and relaxation possibilities. Horse enthusiasts will appreciate the horse stalls and amenities, perfectly integrated into the spacious backyard. This property also offers breathtaking mountain and sunset views, adding to its allure. This is more than just a home; it's an experience waiting to be cherished. Come and see for yourself what makes this property so special!

5473 W Arrowhead Lakes Drive Glendale, AZ 85308

$1,650,000
4 Beds
4 Baths
4,840 SqFt
Status Active
MLS # 6780461
Property Type Single Family Residence
Price Type --
Lakefront Living at Its Finest! Located in one of the West Valley's most desirable neighborhoods, this stunning lakefront home offers 4 bedrooms, 4 bathrooms, plus a den and loft. The gourmet kitchen flows into an inviting family room, perfect for entertaining. Step outside to a resort-style backyard with a built-in BBQ, outdoor fireplace, and private dock. Just minutes from top shopping, dining, sports, and entertainment, this home is the ideal blend of luxury and convenience. Don't miss this unique gem—Arrange your private tour today!

4243 E Ashler Hills Drive Cave Creek, AZ 85331

$1,650,000
4 Beds
3.5 Baths
3,616 SqFt
Status Active
MLS # 6784829
Property Type Single Family Residence
Price Type --
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3454 E Inglewood Circle Mesa, AZ 85213

$1,650,000
6 Beds
4.5 Baths
6,070 SqFt
Status Active
MLS # 6784509
Property Type Single Family Residence
Price Type --
Nestled within the serene and exclusive confines of a prestigious gated community, this exceptional 6-bedroom, 4.5-bathroom home offers a rare combination of luxury and privacy. This home combines sophisticated design with unparalleled craftsmanship, featuring expansive living spaces, a resort-style pool, and a fully-equipped wine cellar in the basement—perfect for both entertaining and relaxed family living.

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$1,650,000
3 Beds
2 Baths
2,478 SqFt
Status Active
MLS # 6785219
Property Type Single Family Residence
Price Type --
Welcome to Prescott! ***Your Perfect Escape from Big City Life*** Are you looking for a serene retreat away from the hustle and bustle of Metro living? This exclusive custom-built home offers the perfect blend of privacy, luxury and convenience! With the scenic Prescott National Forest as your backyard and easy access to all modern amenities, this property presents a rare opportunity for homeowners seeking the best of both worlds.

22415 N La Senda Drive Scottsdale, AZ 85255

$1,650,000
3 Beds
3.5 Baths
3,717 SqFt
Status Active
MLS # 6755685
Property Type Single Family Residence
Price Type --
Looking for privacy? Nestled in the gated community of Pinnacle Peak Country Club Estates, this charming 3 BR/ 3.5 BA desert retreat is situated on a quiet, private half acre corner site. You will immediately feel the tranquility & peace of this property due, in part, by the mature ficus & citrus trees. This home features 2 BR with Office/Den & 3 BA in the main house as well as a beautiful, detached 738 SF Casita which can be used for extended family or guests, as a home office, gym or studio.The gorgeous estate features Saltillo tile, wood beams and ceilings throughout, 4 fireplaces, & French doors opening from each room to covered patios for true Southwestern indoor/outdoor living. A large, sparkling pebble tech pool invites complete relaxation and a backyard just perfect for pet lovers. Enjoy the outdoors against the backdrop of Arizona's stunning landscape. The property truly embodies the essence of upscale desert living in the prestigious Pinnacle Peak community.

10065 E Charter Oak Road Scottsdale, AZ 85260

$1,650,000
4 Beds
3.5 Baths
3,841 SqFt
Status Active
MLS # 6718416
Property Type Single Family Residence
Price Type --
Priced to represent COMPELLING value & deliver SIGNIFICANT instant equity to new owners. This premium luxury estate with Best-In-Class potential is situated in a private suburban neighborhood near the heart of Scottsdale. The single-level custom home sits on a fully utilized 0.4 acre cul-de-sac corner lot & features a fully renovated exterior blending elegant outdoors amenities with expansive recreational space. Raised wood beam ceilings give distinct character to an extreme-split floorplan with generous & flexible living spaces filled with natural light. The private owner-suite is at the NW corner, with a private guest wing off the massive kitchen at the SE corner; all 3 guest BRs offer in-suite bath access. A cosmetic interior makeover away from a market value SUBSTANTIALLY north of $2M Above-ground spa will convey with premises; chandelier in dining room will not.

3940 E Mulberry Drive Phoenix, AZ 85018

$1,650,000
6 Beds
4 Baths
3,216 SqFt
Status Active
MLS # 6760009
Property Type Single Family Residence
Price Type --
WOW!!! This is a SHOWSTOPPER in the highly sought after zip code 85018! Professionally imagined and designed, this sophisticated home is ready for its new owner! Mulberry will check ALL the right boxes, 6 bedroom, 3.75 baths, soaring ceilings, GORGEOUS wood flooring and high end finishes/fixtures throughout! Entertaining will be a breeze with the huge OPEN floor plan boasting a beautiful modern accordion door - One that leads to the backyard oasis/pool/firepit. The Chefs kitchen has everything you want and need including a gas range/oven and cook top, double islands with granite countertops. The grand primary suite has a huge custom closet and spa-like bathroom. The list is endless! Create memories in this dream home! No HOA! YOU will LOVE this HOME!!!

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