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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10460 E Quartz Rock Road Scottsdale, AZ 85255

$2,999,900

4 Beds

4.5 Baths

5,112 SqFt

Status Active

MLS # 6755408

Property Type Single Family Residence

Price Type --

This beautiful recently updated home is located in gated Troon Fairways which is adjacent to private country club or Troon featuring a Tom Weiskopf championship golf course. The home features spectacular view of Pinnacle Peak, Troon & McDowell Mountains as well as city lights. The 5,112,sf, 4 bedroom en-suite home is all on one level except for a lower level home theater and wine storage. Nearly every room has been updated with the finest finishes and features including updated baths, white oak wood and Travertine floors, new stainless-steel appliances, two dishwashers, center island kitchen, walk-in pantry, Lutron lighting, new pool equipment, home water filtration system, view deck, new roof, new low-e windows, new HVAC, epoxy coated oversized 3 car garage and much more.

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7150 E Sierra Vista Road Cave Creek, AZ 85331

$2,999,500

4 Beds

4.5 Baths

3,490 SqFt

Status Active

MLS # 6737874

Property Type Single Family Residence

Price Type --

Almost 50 acres on one of the highest view parcels North of Cave Creek. Pristine high desert vegetation and incredible 360 degree views from the mountaintop. Rare opportunity and stellar home will be sure to woo you with the peacefulness, privacy, and setting. Vacant land parcel is 38.5 acres plus the home is on 9.9 acres. This home is priced right and ready to sell. Nothing in the area compares and homes rarely come on the market in this area. Remodeled in 2017 w/high-end modern finishes while preserving the integrity of the original homestead built in 1975. Massive great room/dining room overlooking view/pool with extensive patios. The 676 sqft casita has 1 bdrm & bath, kitchenette & great room w/deck. Don't miss an opportunity to own this one of a kind property!

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10 Ranch House Circle Sedona, AZ 86336

$2,999,000

5 Beds

5 Baths

5,580 SqFt

Status Active

MLS # 6756415

Property Type Single Family Residence

Price Type --

Welcome to Doodlebug Ranch, the First of Three Historic Properties Homesteaded in Sedona & Featured on TV! No HOA and STR Friendly, this is truly a one of a kind spectacular setting on 1.25 acres & stroll to Oak Creek! Relive history in this Rustic Rambling Ranch Home and a Cowboy Bunkhouse built in 1936 with river rock harvested from Oak Creek and Wood Beams brought in on Horseback from Oregon! The Massive Covered Front Porch beckons you to cool off and rejuvenate in the oversized Adirondack Chairs listening to the melodies of the creek and wind blowing through the massive oak and sycamore trees. Step back in time and marvel at the craftsmanship of the rock walls, multiple fireplaces and varied rich textures of wood and stone. Sellers Modernized the Lodge 2022. Main house sleeps 10 & features two Primary Bedrooms. Main Level Primary is spacious and secluded at one end of the home. Upper level Primary features a HUGE walk-in closet, Clawfoot Tub, Balcony, Skylight over the Bed for Stargazing as you fall into a peaceful slumber. Play some darts during Happy Hour in The Bourbon Lounge. Magical memories gatherings happen in the Open Kitchen Dining Combo with two-story high ceilings which seats twelve comfortably on the natural flagstone floor. Chef's kitchen boasts butcher block Island to prep your favorite culinary delights and finish them off on the Forno 5-burner gas cooktop. Be blown away by the design of the Massive River Rock Fireplace and the intricate floor to ceiling tree trunk support beams. Just steps away is Cowboy Bunkhouse which sleeps four and features two separate cozy and comfy dwellings. Guests will experience the simplicity, privacy and tranquility that generations before have enjoyed. Other than a few modern additions, this cabin-like treasure is the real deal! When it's time to celebrate life, congregate with guests in the massive lush green backyard and let the fun begin. While the chef is preparing the BBQ feast, take a stroll over to the creek or around the grounds to admire the metal sculptures and gardens, play croquet, backgammon, hide 'n seek, or take a snooze in the shade under one of many towering trees. Be sure to look for the first boulder excavated from Chapel Of The Holy Cross site, which can be admired and awed forever in the backyard. At night, relax and rejuvenate in the hot tub while gazing into the dark celestial skies of Sedona. This amazing property also has a three-car garage with laundry/utility station. As if this lifestyle couldn't get any better, membership is available next door at Poco Diablo Resort where you and your guests can enjoy the resort amenities. Or visit their restaurant as an additional dining option. Be sure to order one of their famous Bee Sting Cocktails at the bar! This may be a once in a lifetime opportunity to own a historical property in beautiful Sedona. Coconino Parcel 40144047 included in sale. Won't last long so make it yours today!

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14225 N River Ridge Road Coolidge, AZ 85128

$2,999,000

5 Beds

6 Baths

7,312 SqFt

Status Active

MLS # 6765271

Property Type Single Family Residence

Price Type --

Stunning one of a kind custom home featuring quiet living and space! This 7200 square foot home sits on 12 secluded acres of beautiful desert landscaping with views of the Superstition Mountains. Immediately fall in love as you enter the large arched door that opens to a gorgeous open floor plan highlighted with sprawling ceilings, copper fireplace, and the largest kitchen island you've ever seen! Features include large sparkling pool, travertine floors, beautiful balcony, basement, screened in back porch, guest quarters with kitchenette, butlers pantry, 2 laundry rooms, 2 soaking tubs, celestial windows, real wood floors, custom real wood doors, tons of storage, air conditioned garage with 3-16ft doors, two wells, and a guest home! And so much more!

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15 E Country Club Drive Phoenix, AZ 85014

$2,999,000

5 Beds

5 Baths

5,154 SqFt

Status Active

MLS # 6781198

Property Type Single Family Residence

Price Type --

If you're looking for the convenience of the Phoenix Country Club look no further. For the first time in 30 years the Lane Estate is on the market! This classic ranch has a red tile roof and welcoming courtyard. The lush landscaping draws you into the comfort of this 5 bedroom, 5 bath home. The additional features include a formal living room, 2 family rooms, office, fully tiled pool, 3 fireplaces and a 5 car garage! Just across the private street is the golf shop, pool, tennis courts and locker rooms. It doesn't get better than this! Come see for yourself and imagine living across the street from the Phoenix Country Club! Luxury and convenience are steps away!

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4414 N 29th Street Phoenix, AZ 85016

$2,999,000

4 Beds

4.5 Baths

4,597 SqFt

Status Active

MLS # 6785885

Property Type Single Family Residence

Price Type --

Welcome to your dream home in the sought-after Biltmore neighborhood of Phoenix, AZ. Estimated to be completed in January of 2025, this contemporary property redefines modern living with its striking design, unparalleled features, and luxurious amenities. Situated on an expansive 13,000 square foot lot, this residence offers an impressive 4,600 square feet of meticulously crafted living space. From the moment you step inside, you'll be captivated by the seamless blend of sophistication and functionality. This home has a unique feature like no other: a certified bomb shelter. This versatile space presents endless possibilities, from a high-end wine cellar to a state-of-the-art card or multimedia room, offering a touch of exclusivity that will surely impress. With 4 spacious bedrooms and 4.5 opulent bathrooms, the property provides ample room for relaxation and entertaining. The modern design is enhanced by Sub-Zero/Wolf appliances, high-end light fixtures and faucets, reflecting a commitment to quality and luxury. The open-concept layout ensures a fluid transition between living spaces, while large windows invite abundant natural light, highlighting the home's sleek lines and contemporary finishes. Located just moments from the best shopping and dining Phoenix has to offer, this home not only offers an exceptional living experience but also places you at the heart of a vibrant community. Don't miss the chance to own this extraordinary property that blends modern elegance with unique features. Reach out today and discover the endless possibilities of this stunning Biltmore residence.

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6924 E Stagecoach Pass Carefree, AZ 85377

$2,999,000

3 Beds

3.5 Baths

4,400 SqFt

Status Active

MLS # 6755398

Property Type Single Family Residence

Price Type --

On the southeast side of Carefree's Black Mountain. This hillside landmark residence was designed by the legendary Carefree architect Gerry Jones. One of a kind desert contemporary home with stunning views of the Boulder pile, Pinnacle Peak, McDowell Mountains, and city lights. Only a block from the Boulders resort. Private gate. No HOAs. Nestled in the boulder outcroppings. You will find the pool and outdoor spaces in the most private setting with amazing mountain and city lights views. The home has been designed with such harmony w/ nature and seamlessly blending the living space to the outdoors. Lots of recent upgrades & improvements. You will be impressed and captivated. Rare opportunity to own an iconic residence. Perfect private vacation golf getaway or year-round residence

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8599 E Sand Flower Drive Scottsdale, AZ 85266

$2,999,000

4 Beds

4.5 Baths

5,070 SqFt

Status Active

MLS # 6784552

Property Type Single Family Residence

Price Type --

From the moment you arrive at this stunning North Scottsdale estate, the inviting front courtyard sets the tone, featuring a serene fountain and a cozy gas fireplace. The grand entrance leads you into an elegant formal living room and dining room, both designed to capture breathtaking views through picture windows that showcase the expansive backyard and iconic Pinnacle Peak. Flowing from these spaces, with zero steps throughout the home, a beautifully appointed chef's kitchen with a top-of-the-line Thermidor gas stove, dual built-in ovens, built in refrigerator, freezer, a spacious walk-in pantry, and elegant granite countertops. Expansive kitchen counters, running the length of the room, include convenient refrigerator drawers near the kitchen dining and back entrance perfect for grabbing a drink on your way out The spacious primary suite is a true retreat, featuring two large walk-in closets and an incredible spa-like bathroom with a large walk-in shower. The home also offers three additional ensuite bedrooms, ensuring comfort and privacy for guests, along with a dedicated office perfect for remote work. Step outside to your spectacular backyard oasis, complete with a built-in BBQ, a cozy fire pit, and a heated swimming pool. Surrounded by mountain views and breathtaking Arizona sunsets, this outdoor space invites you to relax, entertain, and enjoy the beauty of North Scottsdale. Perfectly located near the upscale shopping and dining of Kierland and Scottsdale Quarter, and close to the vibrant communities of Cave Creek and Carefree, this home offers unmatched luxury and convenience. Schedule your private showing today to experience this extraordinary home for yourself. Some of the home's features Whole house water filtration Sonos Security cameras and system Gas Pool Heater Putting or Bocce in backyard

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20202 N Las Vegas Road Prescott, AZ 86305

New

$2,999,000

4 Beds

4 Baths

3,400 SqFt

Status Active

MLS # 6788290

Property Type Single Family Residence

Price Type --

Las Vegas Ranch Estates will astound you w/ it's wide open views of mountain peaks, cattle and abundant wildlife. Enjoy room to roam on nearly 40 ac. that backs to Nat'l forest at Boot Creek Ranch. Large main house has vaulted ceilings w/ abundant natural light showcasing the many details from wood beams to a grand stone fireplace. Main & Guest home = 3400 sqft total, incl. gourmet kitchen w/ oversized island, 2 living rooms overlooking 2 covered patios & an inviting guest house w/ full kitchen and separate office space attached to an oversized 3 car garage. Soak in the Cowboy luxury tub on the backyard patio w/ hot & cold water. Watch as the cattle graze on the surrounding hills w/ daily sightings of wildlife. Walking or bike riding on paved roads are a delight to this gated community. This property can be split 2 more times with minimum 10 acres each. There is room for a barn to be added if you desire. The night skies are spectacular for stargazing in Northern Arizona. Welcome to your dream ranch here in Prescott Arizona.

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8535 E Regina Circle Mesa, AZ 85207

$2,999,000

5 Beds

5 Baths

6,025 SqFt

Status Active Under Contract

MLS # 6722214

Property Type Single Family Residence

Price Type --

Hillside mountain masterpiece home that is beautifully situated on a cul-de-sac lot featuring 5 bedrooms and 5 bathrooms. This amazing layout has two master suites. The Gorgeous remodeled gourmet kitchen features a walk in pantry, built in appliances including a 48 inch gas cook top, dual wall ovens, built in ice maker and so much more. Enjoy the media room, office and huge family room with wall of glass to the back yard. You will love the Soaring 20+ foot ceilings, plus the beautiful stone and brick accents throughout. This open floor plan has new large format porcelain floors, all new base boards plus all new bathrooms. This home has a fabulous layout for entertaining! The backyard features a mosaic tile pool and spa, plus a huge outdoor kitchen with built in bar and BBQ. Enjoy sunsets and the putting green plus fabulous mountain views. front courtyard offers amazing sunsets and city light views plus a beautiful fireplace and don't forget the loft offering beautiful views of the valleys. so much to see and enjoy and plus this home is MOVE In READY!

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4849 N Camelback Ridge Road Scottsdale, AZ 85251

$2,995,000

2 Beds

2.5 Baths

2,157 SqFt

Status Active

MLS # 6636465

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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24882 N 124th Street Scottsdale, AZ 85255

$2,995,000

3 Beds

3.5 Baths

3,939 SqFt

Status Active

MLS # 6761816

Property Type Single Family Residence

Price Type --

Discover your dream home in the prestigious Troon North, renowned for its exceptional desert golf experience. This stunning newly built residence boasts 3,939 sqft of sophisticated living space on a sprawling 1.68-acre cul-de-sac lot. Step inside to find an expansive open floor plan featuring a great room setup, ideal for modern living and entertaining. The layout includes 3 bedrooms with on-suite luxurious bathrooms, with upgraded tile flooring and exquisite cabinetry. The chef's kitchen is a culinary haven, equipped with a Wolf stove, a Subzero fridge and a butler's pantry with a bar counter right next to the dining room perfect for creating gourmet meals while enjoying the company of family and friends. The master suite is a true sanctuary, featuring a custom closet and an a master bathroom that has been thoughtfully designed with a separate tub and walk-in shower. Additional features include a bonus room that could also be used as a bedroom, with at attached den. Enjoy the practicality of an oversized garage with epoxy flooring, added garage closets, and a convenient drop zone. The professionally landscaped backyard is a private oasis, complete with a sparkling swimming pool, BBQ area, and extensive hardscape for entertaining.

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