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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10010 E Blue Sky Drive Scottsdale, AZ 85262

$3,200,000

4 Beds

4.5 Baths

5,476 SqFt

Status Active

MLS # 6651789

Property Type Single Family Residence

Price Type --

La Scala Siena Model designed by Bob Bacon and built by Bob Byrd * Updated Chef's kitchen with adjoining TV room * Open floor plan with dual Master Suites, den/office/game room and separate guest casita with 2 bedroom suites plus a breakfast area with kitchenette * Soaring ceilings, Wood and Travertine flooring, slab granite & stone countertops, alder wood doors & cabinets, and designer appliances * Outdoor living area includes a covered sitting area with gas fireplace, built-in heaters and resort-style landscaping * Private corner lot with elevated mountain views and sunsets * Walking distance to the clubhouse and amenities *

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6615 E Shea Boulevard Scottsdale, AZ 85254

$3,200,000

5 Beds

6 Baths

5,908 SqFt

Status Active

MLS # 6731750

Property Type Single Family Residence

Price Type --

This custom-built home epitomizes expansive luxury and is designed to accommodate the grandest lifestyles. Upon entry, you are greeted by a spacious great room and kitchen, featuring large sound-deadening windows that ensure a peaceful ambiance. The home boasts a fireplace, built-in bookcases, and extensive travertine finishes. Rich knotty maple woodwork complements the white island with Rainforest Brown marble, a farmhouse sink, and dark chocolate brown solid travertine countertops. Professional-grade appliances, designer lighting, and eight-blade fans enhance the overall aesthetic. Each bedroom is an en-suite, offering the utmost in privacy and convenience. The home includes a versatile kosher kitchen or mother-in-law suite. A 50-foot RV garage is ideal for a custom coach or car collection. The property features a comprehensive solar system with full battery backup, including a Tesla charging station. This system powers the entire house, eliminating electric bills and providing annual refunds from APS. The detached office/casita includes a full bath, and the extensive outdoor kitchen on the expansive covered patio is perfect for entertaining. The fully landscaped grounds feature pavers and turf throughout, with ample parking available. Additionally, an 804 square foot guest house, included in the total square footage, ensures your guests are comfortably accommodated. This home is designed to fulfill every desire and entertain lavishly.

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6801 E Caballo Drive Paradise Valley, AZ 85253

$3,200,000

4 Beds

4.5 Baths

4,441 SqFt

Status Active

MLS # 6755146

Property Type Single Family Residence

Price Type --

Camelback Country Club Estates - Golf Course Lot - 41,818 SF - South Rear Yard - On the 14th Hole - First time on market.

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2494 E Cloud Drive Chandler, AZ 85249

$3,199,000

4 Beds

4.5 Baths

6,000 SqFt

Status Active

MLS # 6781429

Property Type Single Family Residence

Price Type --

Gorgeous Custom Home on Almost an Acre Lot in Circle G at Riggs that is LOADED with High End Finishes & Architectural Detail. Plus a Backyard you'll Never want to Leave! It's Truly Paradise w/76,000 Gallon Pool, Baja Shelf, Waterfall, Slide, Grotto, Diving Area, Swim Up Table, Foggers, Misters, Covered Outdoor Grilling/Bar Area, Pizza Oven, Covered Seating w/Fireplace, Batting Cage & Grass Area. Inside Features Tray & Coffered Ceilings, Lots of Arched Detail throughout, Beautiful Polished Travertine Flooring, New SubZero/Wolf Appliances, 10' Double Iron Entry Door, Gorgeous Stone Range Hood, Fireplace & Bar, Dedicated Wine Storage Room Clad in Travertine w/Arched Detailed Iron Door, Travertine Clad Arched Mirror Detail in Bathrooms. Control 4 App for Home Automation... Operate A/C, Music, Pool & More from your Phone. The Gourmet Kitchen features NEW 48 Cooktop, Double Ovens, COVE Dishwasher as well as a Large Pantry. Four Bedrooms with En-suites and Walk in Closets, Bonus Room, Office with Wood & Travertine Inlay Flooring, Custom Cabinets & Bookcases. 4 Car Garage with Tons of Built in Storage & New Epoxy Flooring. This Home is One You Can't Miss. New Paint Inside and Out, New Carpet, 4 Wood Shutters, Lots of Stone Detail Throughout, Batting Cage, Extensive Paver Detail Outside & SO Much More! Close to Schools, Shopping, Dining, Golf, etc.

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7175 E Camelback Road Unit 704 Scottsdale, AZ 85251

$3,199,000

2 Beds

2.5 Baths

2,284 SqFt

Status Active

MLS # 6694279

Property Type Apartment

Price Type --

Extremely unique high-rise condo in one of the most prestigious buildings in Scottsdale. This ~2,300 sq ft condo is the only one of its kind in the Scottsdale Waterfront, boasting both sunrise and sunset views from the approximately 1,400 sq ft 7th floor contiguous deck, on the quietest corner in the building, overlooking the canal and most of south Scottsdale. The views are a must-see and truly an incredible and rare find. Located in the heart of Old Town Scottsdale, across the street from Scottsdale Fashion Square Mall, walking distance to the Entertainment District, and too many fabulous restaurants to mention.

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4849 N Camelback Ridge Road Scottsdale, AZ 85251

$3,195,000

2 Beds

3 Baths

2,294 SqFt

Status Active

MLS # 6563509

Property Type Apartment

Price Type --

Tucked at the base of revered Camelback Mountain, Ascent is a new, private residential enclave adjacent to The Phoenician Resort - one of Arizona's premier luxury resort destination. This community incorporates the Sonoran Desert landscape directly into its design, at the most enviable location in Scottsdale. Ascent offer views overlooking the Valley & Camelback Mountain. Home designs feature contemporary architecture integrating warm, natural materials, expansive windows, and large outdoor patios. Thoughtfully designed by Nelsen Architects and Vallone Interior Design. Luxury finishes include exquisite Bulthaup Kitchens, Provenza wood floors, Sub Zero Wolf appliances & 10' ceilings.

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7117 E Rancho Vista Drive Unit 5003 Scottsdale, AZ 85251

$3,195,000

3 Beds

2 Baths

2,228 SqFt

Status Active

MLS # 6741140

Property Type Apartment

Price Type --

This incredible luxury renovation is expected to be completed by 12/20/2024. ***THE RAREST OF FEATURES IN ALL OF ARIZONA - ELEVATED & UNOBSTRUCTED CAMELBACK MOUNTAIN VIEWS*** Welcome to this legendary property at Optima Camelview Village, the award-winning luxury oasis. Featuring 3 Bedrooms + Study, 2 Baths and 2,228sqft. As an optimal residence, all beds, den and living areas showcase spectacular Camelback Mountain picture perfect views. Totaling 1,146 SF, both terraces are outlined in mature privacy hedges & boast panoramic westerly mountain and city views with the most incredible sunsets you can imagine. The 3 bedrooms all feature rare builder-installed sliding glass doors onto the 2nd terrace. Property comes with the two best parking spaces in the building & a storage unit All found within the luxurious Optima Camelview Village, with it's unbeatable location & state of the art architecture/amenities. Amenities include: Two Outdoor Zen Pools, Spas & Bbqs One on each side of the community (heated year round). 24,000 sq. ft. Fitness Center (Recently Remodeled). Mens & Womens Locker Rooms w/ Steam Rooms, Showers and Private Lockers. Indoor Lap Pool & 2 Spas (Heated year round), On-site concierge, Putting green, Hybrid Basketball / Pickle-ball Court, Racquet ball court, On-site restaurant (metropolis), conference room, 24/7 Security, Reservable party room and multi-purpose fitness/yoga room.

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6097 N Paradise View Drive Paradise Valley, AZ 85253

$3,195,000

4 Beds

3.5 Baths

4,605 SqFt

Status Active Under Contract

MLS # 6742365

Property Type Single Family Residence

Price Type --

Welcome to Paradise! Nestled in the heart of Paradise Valley, this hillside home seamlessly blends serene luxury living and sweeping Camelback Mountain views with functionality. Built by the award-winning Cullum Homes, this residence sets the standard for quality construction, offering the latest in design and prime location. Features of note include stunning views of Camelback Mountain from every room, walls of glass, a spacious, open floor plan, an open and bright kitchen, and en-suite bedrooms. The large primary suite features an expansive closet and a versatile flex space, ideal for a workout room, study, or nursery. The outdoor entertainment spaces are perfect for hosting gatherings or simply to enjoy the tranquility of nature. With multiple covered patio areas, a stunning pool with a custom waterfall, spa, and a tranquil grassy space, this home truly has something for everyone. Offering the perfect size in the ideal location at an exceptional price. It is sure to impress even the most discerning buyers.

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9197 E Bajada Road Scottsdale, AZ 85262

$3,175,000

4 Beds

5 Baths

4,244 SqFt

Status Active

MLS # 6749901

Property Type Single Family Residence

Price Type --

Membership available- Updated by Dick Lloyd Custom Homes, this single level jewel box desert retreat is located on a private cul de sac in Desert Mountains Village of Gambel Quail- featuring incredible sunset and surrounding mountain views, and some golf and night light views. Traditional Sante Fe-style exterior architecture melds with a contemporary interior including pristine travertine flooring, marble bathrooms, art spotlights, custom cabinets in kitchen and much more. The heart of the home is the large and open great room floor plan blending together lounging, dining, and gourmet kitchen with Miele appliances for all your entertaining spaces. The indoors spills out through large sliding glass doors to the outdoor living and dining room with 85 outdoor TV with heaters and kiva fireplace for cooler desert nights. Backyard also features large plunge pool, spa, pool bath, turf area, three-hole putting green and lush mature desert vegetation for a tranquil outdoor experience for all. The bedrooms offer privacy and space for all with master suite on one end of the home and three additional guest suites and office located on other wing. Entire home is wired for AV capabilities in all bedrooms and full home automation AV, lighting, cameras, garage doors. Home is equipped with solar and Tesla battery storage as well as large three car climate-controlled garage with plenty of storage. Home has been meticulously cared for with updates and warranties in place for roof, fridge, and HVAC. Truly a lock and leave home that can be accessed from any smartphone or iPad to open up or shut down. Please inquire for full list of updates. The location within Desert Mountain is ideal with close proximity to the front gate for easy access into town, as well as access to all other world-class amenities, including 7 golf courses, 7 clubhouses, and 20 miles of private hiking trails, promising an unparalleled lifestyle of luxury, leisure, and serenity. Embrace the Desert Mountain experience and make this extraordinary property your own.

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1401 E Coral Cove Drive Gilbert, AZ 85234

$3,150,000

4 Beds

5 Baths

5,500 SqFt

Status Active

MLS # 6777180

Property Type Single Family Residence

Price Type --

Stunning Waterfront Executive beauty on 2 lots built originally by Gary Geitz w/$800k recent remodel! 380' of waterfront views, negative edge pool & spa + extensive travertine decking. Iincredible entertainer's kitchen, open shelving & huge quartz island that is flanked by 2 spacious living areas & onyx wet bar surrounded by windows overlooking the lake! Pet Room & 3 car garage + 2 car garage/shop w/2 double doors, 1 is open to lake. Elevator to 2nd floor bedroom, main floor primary suite w/fipl, Main floor guest suite! W/D in every bedroom! 2nd lot has 2 pickleball courts + cabana w/bath & storeroom- could build another home on 2nd lot! New roof 2024, New a/c's 2019. Incredible Val Vista Lakes clubhouse & amenities plus award-winning Gilbert schools & upscale dining & shopping close by

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35425 N 37th Street Cave Creek, AZ 85331

$3,150,000

4 Beds

5 Baths

5,724 SqFt

Status Active

MLS # 6761079

Property Type Single Family Residence

Price Type --

This exquisite custom-built luxury home in Cave Creek, nestled on a 4.55-acre lot backing onto serene BLM land. This 4-bedroom, 5-bathroom masterpiece, built in 2014, boasts meticulous attention to detail and upgrades throughout. Custom iron doors, rich wood and travertine flooring, and Cantera stone accents. The gourmet kitchen features a Wolf appliance package, granite countertops, a built-in sub-zero fridge/freezer, & an expansive island. The bar/theatre room is a true entertainer's dream with a keg, ice machine, beverage fridge, & double bifold doors opening to the patio. Rooftop deck w/hot tub, outdoor grill, fireplace, and RV pad with dump station. Oversized 4-car air-conditioned garage, 4 Trane AC units, water softener, and foam under roof insulation. The lot is thoughtfully landscaped with an irrigated garden, a chicken coop, and fully established citrus trees. Ready for a pool with plumbing and electrical in place. Despite its secluded setting on 4.55 acres, offering unparalleled privacy and natural beauty, this luxury home is less than a mile from Carefree Highway and just minutes from Cave Creek's vibrant shopping and dining options.

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10639 E Mark Lane Scottsdale, AZ 85262

Open House

$3,150,000

3 Beds

4.5 Baths

4,299 SqFt

Status Active

MLS # 6778978

Property Type Single Family Residence

Price Type --

Exceptionally maintained and gracious Modern Pueblo home located on the 12th Green of the Monument Course. Pinnacle Canyon is a gated enclave of custom homes adjacent to the well-known Troon North Golf Club. Warm and inviting, this south-facing home has golf course views from almost every window. The backyard is designed for entertaining surrounded by mountain views during the day, brilliant sunrises in the morning and spectacular night skies. Offering 4,299 SF, this residence has 3 bedrooms - a spacious primary bedroom with two private baths and walk-in closets, a guest bedroom with 1 bath, and a guest casita with 1 bedroom and 1 bath. Additional living areas include formal living and dining rooms, a separate office, and a cozy family room with a gas fireplace. (continued) The custom kitchen has burl wood cabinets, 2 Sub Zero wine refrigerators, full-size Sub Zero refrigerator, Wolf gas cooktop and 2 Dacor ovens with a charming breakfast nook and a shared private patio with the guest bedroom. The centerpiece of this home is the large, fully-covered 32x22 foot travertine patio perfect for family gatherings or neighborhood parties. Professional landscaping surrounds the entire property, but the native desert garden is the showcase of the backyard and wraps around a heated pool and spa. Follow travertine paths through this desert botanical paradise to unique seating areas including a private dining patio and wood-burning fireplace. An over-height and extended 3-car garage with custom storage cabinets completes this exceptional property. Experience this special home filled with quiet elegance, high-quality finishes and architectural details. If you crave the color green on a manicured golf course, colorful sunrises and lush blooming desert flowers....all set against the rocky outline of Troon Mountain then....welcome home!

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