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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1234 W Orchid Lane Phoenix, AZ 85021

$3,950,000
5 Beds
5 Baths
4,700 SqFt
Status Active
MLS # 6737909
Property Type Single Family Residence
Price Type --
NEW BUILD!! 5-bedroom, 5-bathroom residence that exudes elegance and functionality. Each bedroom is a private oasis, complete with its own on-suite bathroom, offering comfort and convenience for family and guests alike. The heart of the home is the gourmet kitchen, a chef's dream with state-of-the-art appliances, expansive countertops, butler's pantry and custom cabinetry. The dedicated wine room promises to be a connoisseur's delight, perfect for storing and showcasing a prized collection. Dual laundry rooms ensure household chores are handled with ease, providing ample space for organization and storage. The extra-large 3-car garage offers generous space for vehicles and storage, while also serving as a versatile area for hobbies or a workshop. This home is a perfect blend of luxury and practicality, designed to cater to a refined lifestyle. The outdoor spaces of this luxurious home are designed to offer an unparalleled experience of elegance and leisure. Imagine stepping into a meticulously landscaped garden, where the tranquility of nature meets the sophistication of design. A stunning pool and spa serve as the centerpiece, creating a serene oasis for relaxation and social gatherings. Adjacent to the pool, a state-of-the-art outdoor kitchen awaits, fully equipped for al fresco dining and entertainment. Comfortable seating areas are interspersed throughout, featuring plush sofas and lounge chairs, perfect for enjoying the warm Arizona sun or gathering around a sleek fire pit during cooler evenings. These outdoor living spaces are not just visually appealing but are functional extensions of the home, crafted to enhance the joy of outdoor living.

2285 E Chandler Heights Road Chandler, AZ 85249

$3,950,000
6 Beds
6.5 Baths
8,415 SqFt
Status Active
MLS # 6766055
Property Type Single Family Residence
Price Type --
Welcome to this timeless and elegant estate in Chandler, Arizona. Completed in 2020, this rare find sits on over 36,000 square feet of land, with more than 8,400 square feet of beautifully designed living space. The home blends sleek modern lines with classic Tuscan elements, adding to its refined elegance. Outside, the spacious, landscaped lot features a grand circular paved driveway and a picturesque water fountain, offering a stunning first impression. The setback, surrounding wall, and lush greenery provide added privacy. With only one owner and no HOA, this home continues to reflect the essence of a newly built home. This exquisite home provides peace of mind with major components such as the roof, AC units, and water heaters still virtually new. If that wasn't enough the solar panels will be PAID OFF at closing adding to its energy efficiency and long-term savings for the new owner. The entrance, framed by a double iron gate, leads to a home filled with luxury details. Upon entering, you're greeted by natural light that flows through the large dual pane low-e windows drawing your eyes to the wood beams and soaring 24-foot ceiling great room featuring a gas fireplace. Two sets of French doors open to reveal a resort-style backyard, perfect for seamless indoor-outdoor living. Arched hallways add a touch of timeless elegance, gracefully connecting expansive living spaces throughout the home. The heart of the home, the gourmet kitchen, is designed to impress. A 20-foot island with breakfast bar seating invites family and guests to gather, while luxury appliances, including a 36 gas oven, a 42 built-in fridge, two dishwashers, and top-of-the-line granite and quartz countertops, make cooking a true pleasure. Custom solid wood cabinetry with soft-close features adds a touch of elegance and practicality. The formal dining room, with its grand chandelier, is ideal for hosting memorable dinner parties. Escape to your private sanctuary in the primary suite, located in its own wing of the home for ultimate privacy. This retreat features an extra-large sitting room, perfect as a personal living area or reading nook, with French doors that open directly to the backyard. The spa-like primary bath offers dual vanities, a heated jacuzzi tub, and a separate shower, creating the perfect place to unwind + there are two separate closets! A private office just off the bedroom adds functionality and privacy for working from home. Entertainment is never far away, with a media/theater-style loft featuring a bar area, perfect for movie nights. The resort-style backyard, completed in 2021, is your private oasis. Take a dip in the heated pool or jacuzzi, relax under the covered patio, or gather under the pergola with ceiling fans for added comfort. A large artificial turf area provides the perfect space for play, while multiple seating areas, a built-in BBQ, and an outdoor fireplace ensure endless possibilities for outdoor enjoyment and relaxation. Located within a top-rated school district and just minutes from the highly sought-after Arizona College Prep High School! Nearby amenities include Chandler Fashion Square, Downtown Chandler, Ocotillo Golf Club, and Downtown Gilbert (just 15 min. away!), all offering excellent dining, shopping, and entertainment options. With easy access to Loop 202, 101, and I-10, commuting is convenient, and the Price Corridor is home to companies like Intel, Northrup Grumman, and Wells Fargo is only 20 minutes away. This extraordinary property offers the perks of city living with the privacy and luxury of a secluded estate! Google Maps will take you to the community behind the home. Please use 13017 E Chandler Heights Rd for accurate directions.

10764 N 138th Way Scottsdale, AZ 85259

$3,950,000
5 Beds
6 Baths
4,897 SqFt
Status Active
MLS # 6770772
Property Type Single Family Residence
Price Type --
CalAtlantic's largest home with an amazing layout and private guest suite with its own entrance. The pool, hot tub, and pergola overlook the spectacular mountain views. The foyer opens to the formal dining which overlooks the expansive rear courtyard with giant chess pieces and a fireplace. The stunning kitchen features a large center island that overlooks the rear courtyard, a large walk-in pantry, home management area and butler's pantry. The four secondary bedrooms provide for plenty of privacy each with its own bath and walk-in closet. The master suite features two large walk-in closets, a spa-like bath and has the option to open up to the rear covered patio. There is two toned paint, barrel ceilings, charging station, and RV gate. Make this dream home yours today!

15332 E Hidden Springs Trail Fountain Hills, AZ 85268

$3,950,000
4 Beds
5.5 Baths
4,265 SqFt
Status Active
MLS # 6748881
Property Type Single Family Residence
Price Type --
Stunning Golf Course Lot residence along the Scottsdale-Fountain Hills corridor with sweeping Views of the Fairway, Water & Mountains and NO INTERIOR STEPS, in guard gated Firerock Country Club. Nestled on 2 + Acres, the home was beautifully Remodeled and Expanded in 2019. Ample natural light flows into every living space. The serene and spacious Primary Suite is comfortably arranged with 2 private Bathrooms and a cozy sitting area to relax by the fireplace. Views of the Firerock Golf Course, Four Peaks and the neighborhood lake surround the owners retreat. Similarly, the views from the Living Room and Kitchen-Great Room are breathtaking and balanced by comfortable and gracious interiors. The Attached Casita offers a gracious suite for guests with a private entrance off the Terrace. All Bedrooms have en suite Bathrooms, Walk In Closets and are appointed in soft tones. Running the length of the home, the outdoor Terrace creates a seamless experience from the interior to the gorgeous Mountain and Golf Course Views. Truly an ideal Outdoor Living Space, it is complete with a built-in BBQ, Infinity Pool and Putting Green. Owners use the residents-only west gate which grants immediate access to the Mayo Clinic Scottsdale, BASIS - Scottsdale and Shea/101. This location is a hidden gem, lives like Scottsdale and must be viewed in person to appreciate all this property has to offer.

5921 E Silver Sage Lane Cave Creek, AZ 85331

$3,913,995
4 Beds
3.5 Baths
4,315 SqFt
Status Active
MLS # 6746829
Property Type Single Family Residence
Price Type --
Toll Brothers Model Home! This home makes an immediate impression with a lovely foyer flowing into the expansive great room and casual dining area that presents alluring views of the covered patio. A large center island enhances the expertly crafted kitchen that offers plenty of counter and cabinet space, a generous pantry. Featuring a relaxing sitting area and expansive walk-in closet, the palatial primary bedroom suite is highlighted by a spa-like primary bath. Central to a versatile flex room with covered patio access, secondary bedrooms feature sizable closets and a shared bath with separate vanity area. A secluded multi-generational suite with closet, private bath, and living area can be found off the foyer. Additional features include a private office, convenient powder room

2911 E Morrison Ranch Parkway Gilbert, AZ 85296

$3,900,000
6 Beds
6.5 Baths
6,241 SqFt
Status Active
MLS # 6776870
Property Type Single Family Residence
Price Type --
Beautiful custom home in Morrison Ranch All furnishings included. This 6,241 square foot home sits on an acre lot, featuring a full a size tennis/pickleball court, heated pool and spa. A detached garage has access through a separate side gate with room for up to 12 cars, RV and boat parking. The fully remodeled home has six bedrooms and eight bathrooms, including two master bedrooms. A stunning laundry/utility room, gym and game room make this house a rare find. This is a one of a kind opportunity. Don't miss this one.

18720 N 101st Street Unit 3019 Scottsdale, AZ 85255

$3,900,000
3 Beds
4 Baths
3,239 SqFt
Status Active Under Contract
MLS # 6724800
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 2024. 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

36631 N Peaceful Place Carefree, AZ 85377

$3,900,000
4 Beds
4 Baths
5,700 SqFt
Status Active
MLS # 6740677
Property Type Single Family Residence
Price Type --
PRICED TO SELL! Forget for a moment the exterior amenities and that the house is loaded with features. Instead, consider the prime location of this captivating contemporary on Black Mountain in Carefree. Unique in every way! From its circular design to the grandiose living space. Only a stone's throw from outdoor recreational opportunities, local shopping/dining spots, and the town center. As if that's not enough, you'll enjoy sweeping views of the Black & Continental Mountains. After your local excursions, you'll return to the irresistible charisma of contemporary design on a corner lot in a popular neighborhood of low-traffic streets. Whether walking or driving, a circular driveway makes a grand first impression. A second large driveway is at the back of the house.

3350 Bar Circle A Road Prescott, AZ 86301

$3,900,000
4 Beds
6 Baths
11,073 SqFt
Status Active
MLS # 6523694
Property Type Single Family Residence
Price Type --
*Motivated Seller - Seller Financing Avail, $10.4MM Build Cost* Benvenuto a 'Casa di Buona Fortuna'- This Tuscan inspired masterpiece perched in the The Ranch provides breathtaking views, opulent luxury, and convenience unmatched in Prescott. The primary level is centered around an open-air central courtyard and features a sprawling master wing including 1 of 2 private elevators to the lower level, his and hers offices, a sitting area complete with wet bar, and dual walk-in closets large enough for the most extensive wardrobes. Starry-night home theater furnished with plush seating for eight. The opposite wing of suites includes a wet bar, formal dining area, family room, fireplaces and formal living room, spacious kitchen with tastefully appointed with Miele appliance

20908 W Durango Street Buckeye, AZ 85326

$3,900,000
8 Beds
8 Baths
5,512 SqFt
Status Active
MLS # 6688225
Property Type Single Family Residence
Price Type --
One of a kind commercial vet clinic/breeding facility including two residential homes. Vet clinic/breeding barn is complete with three 12' roller doors, front office, 2 stalks w/ foal cage, cabinetry, electric and hot/cold water. Bathroom w/washer, dryer, tub and sinks. 4 inside foaling stalls with turnouts. Apartment inside barn complete with bedrooms, kitchen and lab area. 60 covered stalls, several acres of irrigated safe pasture with automatic waters. Covered hay barn, two 40' storage containers. Stud teasing stall 25'x13' with 50'x50' turn out. Three car detached extended garage. Two beautiful identical homes 4 bedroom 2 bath slump block, tile roof, wood shutters, automatic security shades, carpet and tile throughout both homes. Shared well. 10 acres just 2 miles from I-10/ Verrado.

7254 E Sonoran Trail Scottsdale, AZ 85266

$3,900,000
5 Beds
6 Baths
6,438 SqFt
Status Active
MLS # 6731933
Property Type Single Family Residence
Price Type --
Located in the guard-gated community of Whisper Rock, this stunning residence is thoughtful. An open concept plan, this home features the latest finishes, all on one level. Fabulous entertainer's kitchen with furniture grade cabinetry, pantry with wine refrigerator. 4 guest bedrooms in the main house, each with ensuite and walk-in closets. Master suite has his & her walk-in closets and luxurious bath. Custom office with floor to ceiling woodwork. Prewired for 4 fully automated lighting and AV control. Smart pool with unique lighting features. Retracting glass doors bring the outdoors in, showcasing the grand pool area & surrounding scenic desert views

6950 E Cactus Wren Road Paradise Valley, AZ 85253

$3,900,000
3 Beds
2.5 Baths
3,224 SqFt
Status Active
MLS # 6753478
Property Type Single Family Residence
Price Type --
*Stunning Modern Luxury Home in Azure, Paradise Valley's Exclusive Gated Community** Discover this luxurious modern home located in Azure, one of Paradise Valley's premier gated communities. This exquisite property blends contemporary design with high-end finishes, offering an unmatched living experience. Upon entry, you are welcomed by soaring ceilings and an open-concept layout that seamlessly connects the living, dining, and entertainment spaces. The gourmet kitchen features top-of-the-line stainless steel appliances, custom cabinetry, and a large island with waterfall edges—ideal for both casual meals and entertaining. The home is filled with luxury details throughout, including expansive windows that flood the space with natural light and offer stunning views of the desert landscape.

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