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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1637 W Garfield Street Phoenix, AZ 85007

New

$569,000

5 Beds

3 Baths

1,301 SqFt

Status Active

MLS # 6788298

Property Type Single Family Residence

Price Type --

This delightful 1930 home, situated t in the heart of Downtown Phoenix, seamlessly combines historic charm with modern conveniences. This recently renovated home features 5 bedrooms, 2 of which contain their own bathroom! The front room's separate entrance is perfect for those working from home. This walkable location places you just steps from the Light Rail, trendy restaurants, art galleries, ASU, and events like First Friday and Art Detour. Enjoy the best of urban living!

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8037 N Sage Vista Prescott Valley, AZ 86315

New

$569,000

3 Beds

2 Baths

1,984 SqFt

Status Active

MLS # 6787699

Property Type Single Family Residence

Price Type --

You don't want to miss this great home in the popular Viewpoint subdivision in Prescott Valley. Enjoy the open floor plan with large living room, dining room and bonus sitting area to enjoy morning coffee. Take in the amazing sunrises and mountain views from your covered patio completely landscaped and fenced for the pups! The kitchen has granite counter tops, upgraded cabinets, stainless steel appliances and tons of space, perfect for prepping for holiday dinners. Pull up a chair at the bar and enjoy a cocktail and the beautiful distant mountain views. The large primary bedroom is light and bright with a newer sliding glass door for easy access to the view patio. Watch the sunrise, enjoy Mingus Mountain views and experience the monsoon as it moves across the valley.

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27504 N Montana Drive Rio Verde, AZ 85263

$569,000

2 Beds

2 Baths

1,741 SqFt

Status Active

MLS # 6780473

Property Type Townhouse

Price Type --

TURNKEY! Lovely, fully furnished and updated townhome in the gated and picturesque community of Tonto Verde. Located on a quiet cul-de-sac street just a half block from the clubhouse and its amenities. The home features great room style of living with new flooring, new GE Profile SS appliances, new washer and dryer, new plumbing fixtures, new hardware, new LED ceiling fixtures, and it has been freshly painted, including the garage. The covered patio extends out and includes a wood-burning firepit. The garage is extended in length to accommodate two cars plus a golf cart. It's fully furnished and ready to move in. It's the perfect townhome for you!

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14410 N 42nd Place Phoenix, AZ 85032

$569,000

4 Beds

3 Baths

1,752 SqFt

Status Active

MLS # 6690022

Property Type Single Family Residence

Price Type --

Welcome to your dream family abode nestled in the heart of North Phoenix, Arizona! This charming single-level home boasts an array of desirable features designed to cater to your every need. Step inside to discover a spacious interior adorned with multiple living spaces, providing ample room for relaxation and entertainment. Whether you're hosting gatherings or enjoying quiet family evenings, there's a space for every occasion. The home's owned solar panels not only offer eco-friendly energy solutions but also ensure significant savings on utility bills, providing both environmental consciousness and economic efficiency. Outside, you'll find a delightful backyard oasis, perfect for soaking up the Arizona sunshine. Welcome home!

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2460 S Apache Drive Chandler, AZ 85286

$569,000

4 Beds

2.5 Baths

1,975 SqFt

Status Active

MLS # 6727216

Property Type Single Family Residence

Price Type --

Brand new roof, new HVAC, new stove/oven/microwave! This charming 4 bedroom and 2.5 bathrooms, is nestled in the heart of Chandler, a community celebrated for its parks, top-rated schools, and great dining. The kitchen offers access to each room on the main floor and the living areas are perfect for cozy family gatherings! The master suite offers a bright ensuite bathroom and a walk-in closet. Outside offering a covered patio ideal for al fresco dining, low-maintenance landscaping, and a refreshing pool! Close to major freeways, conveniently located near shopping, dining, and Chandler Fashion Center.

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7825 W Rovey Avenue Glendale, AZ 85303

$569,000

4 Beds

2 Baths

2,694 SqFt

Status Active

MLS # 6731089

Property Type Single Family Residence

Price Type --

This Beautiful home located in Tessera's gated community features *4 Bathrooms *2 Baths, Formal Living Room with Dining Room *Family Room*Granite counter*Tile floors in all common areas*Extended 3 car garage*Additional 4th Garage conditioned as workshop or can be used to store extra toys.*Lots of space for entertainment for large family*Beautiful front landscape with mature trees*RV Gate *Pavers/concrete laid out for RV parking Front/back yard*Across from Community Park*

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9038 W Orchid Lane Peoria, AZ 85345

$569,000

4 Beds

2.5 Baths

2,437 SqFt

Status Active

MLS # 6738790

Property Type Single Family Residence

Price Type --

Seller Concession Available ! Beautifully maintained single-story home nestled in a gated community on a quiet Cul-De-Sac. The kitchen is a chef's dream with granite countertops, a large island adorned with pendant lights, a gas cooktop, stainless steel appliances & LED lighting, all complemented by high ceilings. The split floor plan includes a versatile flex room, perfect for a home office or playroom. The luxurious primary bathroom boasts a soaking tub & a spacious frosted glass tiled shower, alongside a generous walk-in closet. The 3-car garage provides ample storage space. Enjoy the low-maintenance backyard, complete with artificial turf, a dog run, an RV gate, a kids' play structure. Plus, there are no two-story homes behind the property, ensuring privacy. Conveniently located, close to The Westgate Entertainment Complex! This home offers both tranquility and entertainment at your doorstep.

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3150 N Eagle Landing Road Show Low, AZ 85901

$569,000

2 Beds

2 Baths

1,679 SqFt

Status Active

MLS # 6752586

Property Type Single Family Residence

Price Type --

We may say this often - but it is true - Escape to the Pines! This perfect lot that backs to State land in Creekside at Eagle Mountain Estates is a beautiful gated community in Show Low. This very spacious 2 bedroom, 2 bath home with a separate little office area off the kitchen (which has a large walk in pantry and gas range) is perfect for relaxation retreat away or living here permanently . Enjoy the warmth of the living room fireplace during those cooler mountain evenings or step outside into your enclosed pavered yard—perfect for peaceful mornings with a book or safe playtime for your pets. This home also features a generously sized two-car garage that provides extra space for larger vehicles or additional storage (think UTVs!). Residents appreciate the community's strict no short-term rental policy, which preserves the neighborhood's quiet charm. Whether you're seeking a permanent residence or a seasonal retreat, this home offers an ideal setting for a tranquil lifestyle surrounded by natural beauty. Explore the opportunity to call this serene dwelling your own!

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2475 N 163rd Drive Goodyear, AZ 85395

$569,000

2 Beds

2 Baths

2,088 SqFt

Status Active

MLS # 6759367

Property Type Single Family Residence

Price Type --

This fabulous 2 bed/2 bath residence now on the market is for you! Featuring great curb appeal, a low-care landscape with mature shade tree, and a 2 car + golf cart garage. A spacious open floor plan w/elegant wood plank flooring, formal dining area, a 2-way fireplace, and neutral palette throughout. The gorgeous kitchen is comprised of wood cabinetry w/granite counters, a pantry, brand new SS dish-washer/gas stove top-oven. Newer ''Samsung Bespoke ''refrigerator, new pen lighting & recessed lighting, completes the breakfast bar. You'll love the primary bedroom, with a walk-in closet and an esuite w/dual sinks. You'll also find a cozy open den/sitting room! Finally, the lovely backyard includes a covered patio, extended paver seating area, a built-in BBQ, gas fire pit and fountain.

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7901 W Missouri Avenue Glendale, AZ 85303

$569,000

4 Beds

2.5 Baths

2,961 SqFt

Status Active

MLS # 6771300

Property Type Single Family Residence

Price Type --

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10441 W Los Gatos Drive Peoria, AZ 85383

$569,000

4 Beds

3 Baths

2,698 SqFt

Status Active

MLS # 6779637

Property Type Single Family Residence

Price Type --

Amazing 4-bedroom and Den Residence in Casa Del Rey! You're greeted by 3-car garage, welcoming porch**Impressive entryway leads you to a charming living/dining room w/ Earth-tone palette**Spacious Family Room boasts Soaring Ceilings, Clerestory Windows for ample natural light**Gorgeous Kitchen comes w/Granite Counters, Custom Wood Cabinetry w/Crown Molding, SS appliances, a large Pantry, and a two-tier peninsula with Breakfast Bar**Convenient Downstairs Bedroom & full Bath** Upstairs, the Loft provides additional Living Space**Large Master Suite with Spacious Master Ensuite with Separate Tub/Shower and Large Walk-In Closet**Large Secondary Bedrooms**Double Sinks at Hall Bath**Ceiling Fans throughout**Step Outside to Eye Appealing Backyard with Extended Covered Patio & Large BBQ Island The cozy primary bedroom offers a sitting nook, an ensuite with double sinks, and a walk-in closet.Unwind in the enchanting backyard, complete with a full-length covered patio, stylish pavers, pristine artificial turf, and a built-in BBQ with a dry bar for outdoor get-togethers. Make this gem yours now!

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3055 N 33rd Place Phoenix, AZ 85018

$569,000

4 Beds

2.5 Baths

2,108 SqFt

Status Active Under Contract

MLS # 6725209

Property Type Townhouse

Price Type --

Beautiful newer townhome in a quiet gated community centrally located near Biltmore and Arcadia - close to restaurants, shopping, entertainment and just 10 minutes to downtown Phoenix and Sky Harbor International Airport. First floor has an open floorplan with high ceilings and wood plank tile flooring, Kitchen has a large island with bar seating, granite counters, large pantry, and bay window dining area. It is open to the family room, which has an oversized triple sliding glass door leading out to a covered patio and pavered backyard. Oversized garage has separate side yard exit. Upstairs you enter a huge loft space with vaulted ceiling. 4 bedrooms are split from each other for added privacy - Master at one end, two bedrooms at the other end and the fourth halfway between.

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