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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6311 E Phoenician Boulevard Unit 18 Scottsdale, AZ 85251

$4,495,000

3 Beds

3.5 Baths

3,188 SqFt

Status Active

MLS # 6785989

Property Type Apartment

Price Type --

Nestled at the foot of iconic Camelback Mountain, Ascent is an exclusive new residential enclave neighboring The Phoenician Resort—one of Arizona's most prestigious luxury destinations. This exceptional community, set in Scottsdale's most desirable location, harmonizes with the surrounding Sonoran Desert landscape. This villa offers stunning views of the golf course and sweeping desert surroundings, featuring modern architecture with warm, natural materials, expansive floor-to-ceiling windows, spacious outdoor living areas with a built-in BBQ, a private elevator, and a two-car garage—creating a seamless connection to the breathtaking outdoors and a luxurious lifestyle.

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37445 N 104th Place Scottsdale, AZ 85262

$4,495,000

5 Beds

6 Baths

5,724 SqFt

Status Active

MLS # 6654477

Property Type Single Family Residence

Price Type --

Brand new contemporary build inside the prestigious Mirabel Golf Community, construction projected to be completed 1st quarter of 2025. Extremely functional open floor plan w/ impeccable details throughout, including rich wood tones accented by luxurious marble details and fluted wood accents. The kitchen features 2 islands. The dining room conveniently bridges the space between kitchen and great room, allowing for an extended dining table. The floorplan brings the indoor/outdoor living to life w/ floor-to-ceiling folding doors that open to the extra-large covered patio, perfect for entertaining. The exquisite and unique design of the resort-like pool makes it feel as though the pool flows into the home. Walk up the modern floating staircase to take in the breathtaking views of the golf.. course, McDowell Mountains, and Brown's Butte from the 2nd floor entertainment/guest area. Easy walking distance to the beautiful Mirabel Clubhouse. There is still time to personalize some finishes in the home! The attached videos of the interior and exterior give you a look into the completed project. Finishes may be subject to change based on availability.

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9673 E Oberlin Way Unit 15 Scottsdale, AZ 85262

$4,495,000

3 Beds

3.5 Baths

4,414 SqFt

Status Active

MLS # 6708869

Property Type Single Family Residence

Price Type --

Access to golf membership * Timeless contemporary architecture with south-facing golf course and Pinnacle Peak views in Estancia * Access to a golf membership at The Estancia Club is available with the purchase of this property subject to board approval * Open great room living with soaring ceilings that include tongue and groove detail, a dry-stacked stone fireplace and integrated formal dining area that is perfect for entertaining * Exterior architectural details include a convex vaulted roof treated in copper, dry-stacked stone walls and floor-to-ceiling windows * Updated kitchen with stainless steel Wolf and Subzero appliances, carrara marble counter surfaces and a cozy dining nook * The oversized Primary Suite includes herringbone-design wood flooring and access to the spa * There are two guest suites and a large office/media room * The outdoor living area includes a gas fireplace, covered patio dining area and heated pool and spa with golf course and mountain views *

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12934 E Corrine Drive Scottsdale, AZ 85259

$4,495,000

4 Beds

4.5 Baths

4,359 SqFt

Status Active

MLS # 6759314

Property Type Single Family Residence

Price Type --

The most remarkable home in Scottsdale Mountain with HUGE camelback and city views is now available. Fully rebuilt with a clean, Modern Organic pallet, this home makes you feel as though you are a part of the mountains. With no neighbors on 3 sides every room of this estate offers jaw dropping vistas. Step out back and you'll be blown away by the massive pool patio overlooking camelback mountain and the night lights. Inside, see extraordinary spaces and textures that capture the nature around you. Rift cut white oak cabinets and beautiful Quartzite, Moroccan plaster and unique tile patterns, White Oak Plank floors and floor to ceiling glass. Solid Oak doors and beautiful organic lighting. You must see this home in person to feel how it captures the romance of living on the mountain.

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5625 E Exeter Boulevard Phoenix, AZ 85018

$4,495,000

5 Beds

6 Baths

5,004 SqFt

Status Active Under Contract

MLS # 6750959

Property Type Single Family Residence

Price Type --

This quintessential Arcadia home is every family's dream. This sprawling ranch, located on the coveted Exeter Blvd in the heart of Arcadia, is as grand as it is charming. Enter through a custom Dutch entry door into a home filled with vintage wood flooring, beamed ceilings, and a chef's kitchen boasting custom cabinetry, Carrera marble countertops, high-end appliances, two dishwashers, a farmhouse sink, and a walk-in pantry with a second fridge. The versatile den is an ideal space for both kids and adults or can be transformed into a spacious mother-in-law suite. The Arcadia Proper cottage-style home offers a split floor planwith five bedrooms and six bathrooms. The primary suite includes a cozy fireplace, an oversized closet, a dual sink vanity, and a luxurious walk-in shower with a... ...clawfoot tub. A wall of glass sliders opens to the magnificent grounds, featuring stunning resort-style landscaping, a heated pebble tec pool and spa, and a covered patio. There's plenty of space fora sport court, bocce ball, pickleball, or even a soccer pitch, making this home perfect for hosting birthday parties, cocktail gatherings, weddings, and outdoor soirées. Additional features include a massive laundry room, an exposed red brick wine room, and an air-conditioned garage that fits nine cars. Truly a car enthusiast's dream. The prime location offers easy access to the best shops, restaurants, and amenities in both Arcadia and Old Town Scottsdale.

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20664 E Ivy Lane Queen Creek, AZ 85142

$4,475,000

5 Beds

5.5 Baths

7,283 SqFt

Status Active

MLS # 6741540

Property Type Single Family Residence

Price Type --

Nestled in one of the valley's most exclusive and unique neighborhoods, welcome to The Pecans—a private, gated community adorned with hundreds of mature pecan trees. This serene enclave perfectly blends a small-town feel with the modern conveniences of Queen Creek. Introducing a masterpiece of modern luxury, this nearly 7,300-square-foot residence is designed by the renowned The Lifestyled Co. Crafted by Modern Splendor Homes, this extraordinary property was honored with the prestigious ''Best Custom Home'' award (2023) by the Home Builders Association and has been featured in numerous well-known magazines. Situated on over an acre, one of the largest lots in The Pecans, this home offers an expansive backyard with a heated saltwater pool, spa and a pool bath with dual sinks. and a crash pad with a window that opens to the backyard, complete with swings. It's the perfect place to relax and enjoy a drink while watching the game. The interior is designed with an earthy, vacation-inspired vibe, accented by edgy, unique touches. The dream garage offers space for an RV or boat, and the butler pantry/dirty kitchen with a separate door to the garage provides easy access for event vendors. Inside, the home features two elegant staircases, one of which includes a cozy reading nook. The playroom is equipped with bunk beds, ideal for cousin and friend sleepovers. The kitchen is a culinary delight, featuring a built in steam oven and a cabinet/ladder area that exudes a farmer's market ambiance for fresh produce. The incredible floor plan includes a downstairs master retreat complete with an attached sitting room and fireplace, with the primary bath offering two walk-in closets. The main level also features a large bedroom with an attached bathroom, a beautiful office, and a spacious bonus room. Upstairs, you'll find large bedrooms, each with its own custom bath, a large loft, and a bunk bed area perfect for cousin or friend sleepovers. Every inch of this home is meticulously detailed and perfect. This home offers the ideal blend of luxury and functionality, with the option to purchase it fully furnished. With .35 of an acre left to build on, it's an ideal space for a casita or sports court. Enjoy the privacy of no neighbors in front of you and a clear pathway that ensures uninterrupted views.

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10287 E Diamond Rim Drive Scottsdale, AZ 85255

$4,425,000

4 Beds

4.5 Baths

4,767 SqFt

Status Active

MLS # 6698382

Property Type Single Family Residence

Price Type --

Nestled in the desirable Horseshoe Canyon neighborhood of prestigious Silverleaf, this beautifully remodeled Ranch Hacienda-style home offers both incredible curb appeal and a prime location. Situated near the 2nd fairway and just blocks from the Silverleaf Clubhouse, this residence enjoys a serene setting, fronting a natural preserve and within easy reach of several community parks. The open floor plan includes a spacious great room with pocket doors that lead to a charming courtyard, complete with a covered patios, pool, ramada, and BBQ center, creating an ideal space for indoor-outdoor living. The kitchen has been completely remodeled with high-end appliances, featuring a Sub-Zero fridge, Wolf ovens, a Viking range, sleek new Quartzite countertops, and updated iron light fixtures tie it all together. The private Master retreat offers a bonus room and a balcony that showcases breathtaking views of the McDowell Mountains and city lights. The primary bath has been completed transformed, highlighted by the marble flooring and wall detailing. In addition to the primary suite, there are three guest suites, strategically split for added privacy. All bathrooms have been remodeled, providing a fresh and modern touch throughout the home. Office/media room is conveniently located on the main floor, close to the kitchen, offering a great retreat from the living areas. This updated home in Silverleaf's Horseshoe Canyon truly combines luxury, comfort, and a superb location. Silverleaf features guard gated privacy and timeless architecture in a stunning mountain setting. The community features world-class golf, spa and clubhouse facilities while conveniently located just minutes from hiking, shopping, dining and the Loop 101.

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17444 N 79th Street Scottsdale, AZ 85255

$4,400,000

3 Beds

3 Baths

2,891 SqFt

Status Active

MLS # 6753761

Property Type Single Family Residence

Price Type --

NEWLY BUILT STATE-OF-ART LUXURY HOME located on the very FIRST HOLE of the TPC SCOTTSDALE STADIUM COURSE home of the WM Phoenix Open with an unobstructed line of sight to the 'Greatest Show on Grass'. ONE-OF-A-KIND Alcazar at Scottsdale Princess masterpiece newly constructed from the foundation up with no expense spared. This nearly 3,000 sq ft exquisite property features 3 nicely sized bedrooms, 3 full baths (inclusive of en-suite style guest room), open concept floor plan with 12' ceilings, state-of the-art technology, climate-controlled garage, this gated private enclave of just 38 custom homes is sure to satisfy the most discerning of tastes and is an epitome of perfection NOT TO BE MISSED.

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6521 E Paradise Drive Scottsdale, AZ 85254

$4,400,000

6 Beds

7.5 Baths

6,217 SqFt

Status Active

MLS # 6768401

Property Type Single Family Residence

Price Type --

Stunning NEW Desert Modern Masterpiece by Thomas James Homes! This pre-construction residence offers a unique opportunity to customize some interior finishes during the early construction phases. Discover the epitome of luxury living in one of Scottsdale's most desirable neighborhoods. Situated on over an acre of pristine land, this expansive single-level home offers 6 bedrooms, 7.5 bathrooms, and an array of exceptional features that combine modern elegance with practical living. The thoughtfully designed interior showcases wide plank wood flooring, custom lighting, and a floor-to-ceiling fireplace that serves as a dramatic centerpiece. The gourmet kitchen boasts high-end finishes like a pot filler, warming drawer, double dishwashers, and more. An attached pool house adds to the resort-like ambiance, and the 4-car garage ensures ample space for vehicles and storage. Step outside to fully landscaped front and back yards, complete with a luxurious pool and spa perfect for Arizona's outdoor lifestyle. The home is just minutes from fine dining, shopping, and entertainment, offering both convenience and exclusivity. With the opportunity to customize certain interior finishes, this is your chance to make your dream home a reality. Estimated completion: Late 2025.

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10792 E Sundance Trail Scottsdale, AZ 85262

$4,400,000

4 Beds

4.5 Baths

5,721 SqFt

Status Active

MLS # 6775067

Property Type Single Family Residence

Price Type --

FULL GOLF MEMBERSHIP AVAILABLE PER CLUB BYLAWS! This Southwest Custom Contemporary home has style and design features that are unique and desirable. The moment you step into the home your gaze is drawn across the living rom and pool area to the fairway and distant mountains. A very livable floor plan with a split master and a full guest casita. The auto court leads to a 4 car garage with enough space to include your golf cart and plenty of storage. Tour this amazing home and you'll see the quality of construction and style. The home is fully furnished and ready to move right in.

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5518 N Quail Place Paradise Valley, AZ 85253

$4,400,000

8 Beds

8.5 Baths

9,442 SqFt

Status Active

MLS # 6470008

Property Type Single Family Residence

Price Type --

Welcome to this stunning Mediterranean estate in a prime Paradise Valley, Arizona location. This expansive 2-story estate sprawls out over 1.1 acres. The 8Bd/8.5Ba estate features a library, den/office, sunroom, gym, theater, and your very own elevator. Gated motor court accented by towering palm trees and mature easy to maintain foliage. As you enter the threshold and step into the grand entry hall you will be awed by pillared accents, custom flooring throughout, magnificent living room featuring a jewel of a fireplace, oversized windows, and beautiful crystal chandeliers throughout. Elegant formal dining room, spectacular kitchen with rich hardwood cabinetry, sparkling jet-black granite, cabinet-faced cold-storage units, and a gas range. The family room features a gas fireplace, wet bar perfect for entertaining guests and whisper-quiet sliding doors that lead out into the courtyard. Soak in the relaxing views from the atrium-style sitting room or unwind in your own lush home theater with stadium style seating. Dramatic staircase ascends to the loft-library and balconied bedrooms. Primary suite features a two-way fireplace, posh private bath, and a cocktail veranda overlooking beautiful Camelback Mountain views. This estate also provides a fitness room/dance studio with mirrored wall as well as a very private in-law suite with a full kitchen. Sizable backyard with a lush lawn, putting green and stone pathways to a gazebo complete with a barbecue. Plenty of space for a resort style custom designed sparkling pool and and additional personalized amenities you desire. 4-Car Garage with plenty of storage. Come in today and discover what this truly special move-in ready estate has to offer.

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2001 N 1st Avenue Phoenix, AZ 85003

$4,400,000

3 Beds

5 Baths

10,560 SqFt

Status Active

MLS # 6602810

Property Type Townhouse

Price Type --

Entertainer's DREAM! This one of a kind CUSTOM built brownstone residence is located in the PRESTIGIOUS gated community of Chateau on Central! STUNNING panoramic city & mountain views! IMPECCABLE craftsmanship that took 4+ years and over $7.2M to build! GORGEOUS designer interior & exterior finishes throughout this MASTERPIECE! Multiple kitchens, living areas, dining areas, a HUGE game room, theatre room, elevator, rotunda, patios + SO MUCH MORE! INCREDIBLE sunsets abound! Over 10,000 sq ft on 5 levels including a 4 car garage! This truly CAPTIVATING home is unlike any other! The central corridor LOCATION can't be beat! 1 block to light rail. Adjacent to Willow district. Walk to Phoenix Art Museum, Phoenix Theater, Heard Museum, Playhouse in the Park, Arizona Opera, Phoenix Library and the ultra-hip Roosevelt Row! The BEST shopping and restaurants that Phoenix has to offer! Easy access to freeways, airport, and sporting venues! WELCOME HOME!

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