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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2105 N Normal Avenue Tempe, AZ 85288

$589,000
3 Beds
2 Baths
1,287 SqFt
Status Active
MLS # 6768517
Property Type Single Family Residence
Price Type --
Welcome to this beautifully updated three bed, two bath home located in desired Papago Manor! As you enter, you are greeted by a spacious and inviting living area filled with natural light, perfect for both relaxation and entertaining. The modern kitchen boasts custom white cabinetry, marble countertops, stainless steel appliances, and stylish gold hardware. Each of the three bedrooms offers comfortable space and generous closet storage, and updated bathrooms feature contemporary fixtures and finishes. Step outside to discover a serene backyard oasis, ideal for outdoor gatherings or quiet evenings under the stars. Conveniently located near shopping, dining, and easy access to major highways, this home combines modern comforts with a prime location. You don't want to miss this!

1175 Green Top Drive Happy Jack, AZ 86024

$589,000
3 Beds
2 Baths
1,503 SqFt
Status Active
MLS # 6774795
Property Type Single Family Residence
Price Type --
Nestled on over an acre of picturesque, lightly wooded horse property, this charming 3-bedroom, 2-bath home offers a perfect blend of rural tranquility and modern comfort. Ideal for equestrian enthusiasts or those seeking serene country living, the expansive land provides ample space for horses, gardening, or outdoor activities. Inside, enjoy a spacious, inviting layout with a cozy living area, well-appointed kitchen, and comfortable bedrooms. With plenty of natural beauty surrounding you, this property is a peaceful retreat ready to be your forever home.

35737 N Loemann Drive San Tan Valley, AZ 85143

$589,000
4 Beds
3.5 Baths
3,219 SqFt
Status Active
MLS # 6714599
Property Type Single Family Residence
Price Type --
Welcome to 35737 N Loemann Dr., a stunning home nestled in the highly desirable area of San Tan Valley. This gorgeous property boasts 4 bedrooms, 3.5 baths, and an expansive 3,219 sqft of living space on an 8,265 sqft lot that backs onto the serene Empire Park. As you step inside, you are greeted by a spacious open floorplan that perfectly balances luxury and functionality. The gourmet kitchen is a chef's dream, featuring a large island/breakfast bar, walk-in pantry, granite countertops, stainless steel appliances, reverse osmosis system, and a water softener. The main floor houses a large primary suite complete with a spacious ensuite and a walk-in closet, providing a perfect retreat. Upstairs, you'll find a second suite and all bedrooms come with their own walk-in closets, ensuring ample storage space for everyone. A huge loft and a media room add to the home's versatility, making it ideal for both relaxation and entertainment. The great room opens to an expansive backyard with a view fence overlooking Empire Park, a covered patio, and plenty of space for a custom pool, perfect for entertaining family and friends. Additional features include a 3-car tandem garage and an RV gate for extra storage. Pride of ownership is evident throughout this meticulously maintained home. Don't miss the opportunity to make 35737 N Loemann Dr. your new address in San Tan Valley, AZ.

9623 E Rocky Lake Drive Sun Lakes, AZ 85248

$589,000
2 Beds
2 Baths
1,774 SqFt
Status Active
MLS # 6778848
Property Type Townhouse
Price Type --
Remodeled from top to bottom in exquisite detail is this one-of-a-kind contemporary villa in the highly desired Oakwood community. Over $100k in upgrades include a re-designed open floor plan, high-quality modern white cabinets in kitchen, bathrooms and laundry room. Kitchen includes quartz counters, stainless steel appliances, gas range, built in cabinet ice maker and pull out shelving. Master suite includes marble shower with Euro glass door, raised vanity with quartz counters and a large walk-in closet. Porcelain tile wood grain flooring, vaulted ceilings in main rooms, plantation shutters and lots of added high-end lights thru-out the home. Garage includes built-in cabinets and sink. Great patio space over looks a wide green belt. HOA takes care of exterior and common areas.

16002 W Jenan Drive Surprise, AZ 85379

$589,000
4 Beds
2.5 Baths
2,484 SqFt
Status Active
MLS # 6780813
Property Type Single Family Residence
Price Type --
Easy to Show this Beautiful move in ready home located in Greer Ranch subdivision. This 4 bedroom 2 1/2 bath split floor plan with great room is perfect for entertaining guests. Granite counter-tops and beautiful staggered cabinets with large walk in pantry and separate coffee bar area make this kitchen a cook's dream. Gorgeous Master Bedroom and bath. Large laundry room/ pantry with door to the side yard. Raised flower bed along the entire backyard block wall and large grass area along with extended covered patio make for a gorgeous outdoor haven and play area. RV gate with 10' side yard is ready for your creative touch. 3 car garage includes a deep sink. New Paint Inside and Out, Stainless Appliances 1 year old, Luxury Vinyl Plank Floors throughout , New Upgraded Carpet in Bedroom

8744 E Via De La Luna -- Scottsdale, AZ 85258

$589,000
3 Beds
3 Baths
1,675 SqFt
Status Active
MLS # 6673641
Property Type Single Family Residence
Price Type --
Rare 3/3 in desirable McCormick Ranch on a quiet dead-end street. Easy access to schools, shopping, Talking Stick Entertainment District, Dbacks spring training, etc. New dual-speed AC unit with 10-year warranty assures you stay cool affordably! Lovely community pool lets you cool down and not deal with the headaches of maintenance. Please email all offers for quickest response. Supra shackle is now up for easy access! Agents show at your leisure - lockbox installed, no need to schedule.

9122 W Circle Drive Strawberry, AZ 85544

$589,000
3 Beds
2 Baths
2,027 SqFt
Status Active
MLS # 6703166
Property Type Single Family Residence
Price Type --
Feel the peacefulness of Country Living and bring your horses - 2 horse coved corral is included. Nestled on a secluded 0.40 acre lot, this private home boasts a spacious 2027 sq ft of living space. As you step inside, you are welcomed with a generous great room adorned with cathedral ceilings and a warming gas fireplace, offering a cozy ambiance for gathering or quiet evenings in. The allure of outdoor living is evident with covered back deck overlooking a sprawling yard, providing a perfect setting for outdoor dining, sitting around the fire pit or simply soaking up nature's beauty. Upstairs is a sizable primary bedroom which provides a tranquil sanctuary, vehicle an open loft area offers versatility for various lifestyle needs. This is horse property with two stalls. The 2-car garage has a full attic making for ample storage. NEW HVAC SYSTEM heat and A/C

2947 E Rose Lane Phoenix, AZ 85016

$589,000
2 Beds
2 Baths
1,185 SqFt
Status Active
MLS # 6722709
Property Type Townhouse
Price Type --
Views, views, views!! Come see this remodeled Biltmore condo overlooking the magnificent Biltmore golf course. This home features an updated kitchen with stainless steel appliances, completely remodeled bathrooms, new flooring throughout, a good-sized living room and dining room with fireplace, a Split Master, and incredible views of the golf course and mountain from every window and patio. The AC unit was replaced in 2021. One car garage, lush landscaping, Amazing gated community with multiple pools and tennis courts. Within walking distance to all of the Biltmore amenities, world-class hotels and golf courses, shopping, restaurants, entertainment, theaters, library, access to major freeways, 15 minutes to Sky Harbor, and more.

2320 E La Jolla Drive Tempe, AZ 85282

$589,000
3 Beds
2 Baths
1,590 SqFt
Status Active
MLS # 6747506
Property Type Single Family Residence
Price Type --
Recently remodeled home in Tempe conveniently located near AZ-101, AZ-202, and US 60 and just minutes away from Tempe Marketplace, ASU, and Sloan Park. This home is beautiful inside and out and features so many modern touches and attention to detail. The kitchen boasts shiny Carrera quartz countertops, stainless steel appliances, shaker cabinets, subway tile backsplash and a large kitchen peninsula perfect for seating multiple people. The decor in both bathrooms blends well with the rest of the home and the guest bathroom also features a Carrera quartz countertop. Additional updates include luxury vinyl plank flooring, new carpet in all bedrooms, fresh paint inside and outside, epoxy in the garage, new custom tall shower door, new tub, and new dual flush toilets. You can also find new light fixtures throughout the home and post lights in the front yard that are dusk to dawn aluminum solar lamps. The backyard has plenty of space to gather around the sparkly blue pool and underneath the large, covered patio. There is also an RV gate and RV parking area located on the west side of the home that is closed off from the rest of the backyard, a perfect spot to park your RV or any other type of vehicle or ATV.

4624 E Superstition Boulevard Apache Junction, AZ 85119

$589,000
3 Beds
2 Baths
1,484 SqFt
Status Active
MLS # 6727460
Property Type Single Family Residence
Price Type --
Up to 20K in interest rate buy down and closing costs in Seller concessions on a full price offer. This horse property offers luxury and country living with no HOA. Key features include full slab Quartzite countertops, book-matched backsplash, soft-closing white shaker cabinets, GE slate appliance package, slate range hood, gas cooktop, Walt Disney collection lights, antique copper sinks and hardware, vaulted ceilings, abundant natural light, open floor plan, all-new flooring, new windows, storage shed, private water, and septic system. Enjoy mesmerizing views of the Superstition Mountains. Some tour this amazing home.

5254 Starlight Drive Happy Jack, AZ 86024

$589,000
3 Beds
2 Baths
2,098 SqFt
Status Active
MLS # 6747257
Property Type Single Family Residence
Price Type --
Escape to your own serene retreat with this stunning 3-bedroom, 2-bathroom cabin nestled in the heart of the forest. Situated on almost an acre of lush, wooded land, this home offers the perfect blend of rustic charm and modern comfort. Perfect for family or guests, each room offers warmth and comfort with beautiful wooden accents. Enjoy updated amenities while maintaining the cabin's rustic appeal. Open floor plan with large windows that bring the beauty of the outdoors inside. Whether you're looking for a weekend getaway or a full-time residence, this cabin offers the perfect setting to unwind and connect with nature. Don't miss out on this rare opportunity to own a piece of paradise!

32508 N 133rd Drive Peoria, AZ 85383

$589,000
4 Beds
3 Baths
2,249 SqFt
Status Active
MLS # 6749403
Property Type Single Family Residence
Price Type --
**WINNER of the Peoria/Vistancia BEST Home on TOUR!!!*** Experience the allure of this beautiful home in Vistancia Village! Offering 4 beds + den, 3 baths, desert landscape, and a 2-car garage w/paver driveway. Home exudes refined style with layered crown molding, neutral paint, tons of natural light, & wood-look tile floors w/carpet in bedrooms. Enjoy the seamless design of an open layout paired with surround sound, making entertaining a bliss! The gourmet kitchen boasts SS appliances, a walk-in pantry, quartz counters, white shaker cabinetry, mosaic tile backsplash, and an island w/breakfast bar. The den provides versatility! Main bedroom has a barn door that opens to the ensuite with dual sinks & a walk-in closet. Outback, you have artificial turf and a travertine-covered patio w/ceiling fan! You'll surely love the mountain views! Just WOW!!

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