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.

What’s Your Home Worth?

Search for Your New Home

9496 W Freedom Trail Peoria, AZ 85383

$2,500,000
5 Beds
5.5 Baths
4,838 SqFt
Status Active Under Contract
MLS # 6776025
Property Type Single Family Residence
Price Type --
Welcome to this exquisite luxury custom home situated on over an acre in the beautiful community of Cibola Vista. Featuring 5 bedrooms, 5.5 bathrooms, dedicated office, and flex/game room, no detail was overlooked. Enter through 2 large courtyards to take in the uniqueness of this very special 4838 square foot residence. The gourmet kitchen has Cambria quartz countertops, premium appliances, massive island, dual kitchen cooking areas, and lovely large breakfast room. This opens to great room with fireplace, floor to ceiling windows retractable a full 90 degrees. The 12 foot ceilings add to the grandness of this spectacular home. All bedrooms have walk-in closets, and private bathrooms. Primary bedroom is massive, with a highly upgraded primary bath, stunningly finished. Elegant touches fill every inch, including Cambria countertops throughout home, luxury vinyl flooring, lovely window treatments, and highly upgraded fixtures. Enjoy the 4 car attached garage with ev charger. Detached huge RV garage has been pre-built for a casita (plans available). Additionally, slab parking can accommodate 8 more vehicles, with RV gate at side. Outside, enjoy the lovely heated play pool and spa, with removable glass fencing. Two custom gazebos add to the outdoor living with built in barbecue, cooler, tv, and smoker. Sport court for the pickleball enthusiasts, basketball court, tennis. Childrens' Ruff House play set to keep the kiddies busy! All landscaping is beautifully done, with artificial grass for ease of care. This home is truly special, and checks every box! Near the 303, Lake Pleasant, restaurants, and shopping. Welcome to your desert oasis, intended for the most discerning buyer.

8742 E Woodley Way Scottsdale, AZ 85266

$2,500,000
4 Beds
5 Baths
4,613 SqFt
Status Active
MLS # 6747685
Property Type Single Family Residence
Price Type --
In addition to the new custom home design, the owners have invested in additional upgrades. A professionally designed desert landscape featuring rolling terrain with marquee desert plant specimens. Expanded patio spaces created for enhanced outside living. The north facing heated pool is in the sun while the covered patios provide large shaded areas to eat and relax. The large lot provides for even more eastward expansion if desired. Windows and doors with direct sunlight have been tinted to maximize energy efficiency of the three zone heating and cooling system. The pool, HVAC and indoor and outdoor lighting can be controlled remotely as well as the monitored security and camera systems. The home features custom wood cabinetry throughout with dovetail joinery and soft-close hinges and glides. All four large bedrooms feature walk-in closets and ensuite baths and large showers. The attached casita features its own external entrance off the front patio for your guests.

25323 N 104th Way Scottsdale, AZ 85255

$2,500,000
5 Beds
5 Baths
4,438 SqFt
Status Active
MLS # 6778685
Property Type Single Family Residence
Price Type --
Discover luxurious living on a golf course lot with stunning views, nestled in the prestigious Troon Fairways community. This remarkable property located on Hole 1 boasts a spacious main home with 3 bedrooms and 3.5 baths downstairs, plus attached guest quarters on the second floor featuring an additional bedroom and bath—ideal for visitors or multi-generational living. Enjoy the heated pool and hot tub year round while taking in the views. Also included is a charming 1 bedroom, 1 bath detached 795 sqft Casita with Kitchenette & Living Room for the ultimate private retreat. With access to Troon's renowned amenities—championship golf courses, scenic trails, and a vibrant clubhouse—this home offers the finest in Scottsdale living.

4052 E Oak Street Phoenix, AZ 85008

$2,500,000
5 Beds
6 Baths
5,232 SqFt
Status Active
MLS # 6778389
Property Type Single Family Residence
Price Type --
New construction - Modern Luxury just south of Arcadia. Every detail of this 5 bedroom masterpiece has been thoughtfully considered and expertly crafted, from the framing to the quality finishes, to the seamless smart home technology integration. Details such as hand-troweled venetian plaster and embedded light fixtures, generous butler pantry and doggie bath laundry are generally found at much higher price points. This flexible floor plan features a separate primary retreat that feels like a private spa, and an attached full casita including kitchen, bath and laundry. All bedrooms are ensuite. The kitchen is a cook's dream with all Thermador appliances, streamlined wood cabinets, and a huge, cantilevered island with plenty of room for seating and entertaining! The living area opens onto a generous patio and beyond is a new pool, hot tub, and large grassy area in the oversized backyard. Enjoy the lifestyle this amazing location affords: close to restaurants, shopping, golf, hiking, ASU, freeways, and 15 minutes to the airport. Call today for a private showing.

8233 E Foothill Circle Scottsdale, AZ 85255

$2,500,000
4 Beds
4 Baths
3,540 SqFt
Status Active
MLS # 6746614
Property Type Single Family Residence
Price Type --
Gorgeous home in desirable Pinnacle Peak Country Club situated on the golf course with mountain views. Breathtaking sunrises from your extended covered patio. Resort like backyard is amazing with a heated pool and spa, covered built in bbq, putting green tons of lighting for parties or privacy for romantic dinners. This custom home comes with 4 bedrooms and 4 bathrooms that have all been updated. Primary bedroom with fireplace, dual vanities, walk in shower steam shower, jetted tub with micro therapy and walk in closet. Kitchen is full of features, stainless steel appliances, wall oven, warming drawer, cooktops and your own coffee maker. Roof was recoated in August 2024. New interior paint throughout. Also, a 300-bottle wine cellar for you to enjoy. This property is absolutely AMAZING!!

4949 E Lincoln Drive Unit 13 Paradise Valley, AZ 85253

$2,500,000
4 Beds
4.5 Baths
3,748 SqFt
Status Active
MLS # 6697345
Property Type Single Family Residence
Price Type --
Nestled at the base of Camelback Mountain, in the exclusive Montelucia Resort guard gated community, Villa 13 offers Arizona's famed lifestyle w/a low maintenance vibe. French doors open out from the great room to the patio allowing a true indoor/outdoor feel. Recent thoughtful updates include sealed limestone countertops in the kitchen/butler pantry w/a refreshed contemporary tile backsplash & redesigned fireplace surround. An open floor plan enhances casual or formal entertaining. All bedrooms are ensuite. Second level is accessible by a paneled elevator. The Omni Montelucia's amenities assure true resort style living: fitness center, 3 pools( in addition to a private pool for Villa residents), restaurants & special events. A true lock & leave lifestyle awaits!

42311 N Sierra Vista Road Cave Creek, AZ 85331

$2,500,000
4 Beds
4 Baths
4,656 SqFt
Status Active
MLS # 6748202
Property Type Single Family Residence
Price Type --
SERENITY! Oasis in Cave Creek only seven minutes from downtown Cave Creek, Buffalo Chip & Harold's. This incredible home is located on over five acres, unsurpassed views of mountains and saguaro cactus, private guest house, private pool, spa, 3 car oversized garage and beautifully upgraded. Home features private front and back porches with peaceful and truly incredible views. You will find Viking appliances, oversized tile flooring, custom paint, open floor plan, negative edge pool, spa & rock waterfall feature. Close to National Forest and preserve for horses, hiking, etc.

2060 E Quartz Street Mesa, AZ 85213

$2,500,000
7 Beds
8 Baths
6,846 SqFt
Status Active
MLS # 6768491
Property Type Single Family Residence
Price Type --
Recently built, beautifully constructed 2 story home in a quiet neighborhood, no HOA, on the edge of town with access to all major shopping and located just minutes from the freeway. Designed for multi-generational living, this home includes a beautiful large kitchen on the main floor with a large walk-in pantry, a 2nd fully functional kitchen on the 2nd floor. The elegant master bath is a must see with 2 large walk-in closets and a separate laundry in the master closet. Designed for comfort w/ 6 AC zones/thermostats for greater temperature control and balance. All interior walls are insulated for sound reduction. Parking - oversized 4 car garage and large circular drive with RV parking. The detached 1 bedroom guest house is fully functional with a kitchen and laundry.

3440 E Kael Street Mesa, AZ 85213

$2,500,000
4 Beds
5.5 Baths
5,852 SqFt
Status Active Under Contract
MLS # 6744700
Property Type Single Family Residence
Price Type --
Luxury remodel in a gated community! New kitchen with custom cabinetry, cabinet-front fridge/freezer, quartz slab backsplashes, huge island with 2 dishwashers, 48' gas range and custom hood, and beautiful hutch style cabinetry with glass doors. If the kitchen wasn't enough.. there is a butlers pantry equipped with a microwave, a full size oven and an ice maker, in addition to the Costco sized pantry for all your additional storage needs. The primary bedroom will draw you in with its beautiful natural Harwood floors, its soaring ceilings, cozy double-sided fireplace, and its views of the full grown citrus trees that adorn the property. The primary bath has been completely overhauled! It boasts a custom shower with multiple shower heads, a freestanding tub overlooking a private courtyard, and its views of the full grown citrus trees that adorn the property. The primary bath has been completely overhauled! It boasts a custom shower with multiple shower heads, a freestanding tub overlooking a private courtyard, 2 vanities and separate closets. the bedrooms are split, with primary bedroom on the east end of the home & three additional bedrooms split on the west end. The home features 4 bedrooms and 5.5 baths, living room, game room, theater room and formal dining room. Additional features included: 4 car extra deep garage with separate storage area, pool with slide, over 1,000 of covered patio, and much more!

6418 N 28th Street Phoenix, AZ 85016

$2,500,000
3 Beds
2 Baths
2,863 SqFt
Status Active
MLS # 6784897
Property Type Single Family Residence
Price Type --
Soft contemporary elegance meets comfortable living in this meticulously updated property. Located in the highly desirable guard-gated Biltmore Estates. Nestled at the foot of the Phoenix Mountain Preserve w/ peaceful mountain views on a premium lot which abuts natural desert on 2 sides. The clean lines of the plank white oak floors, oversized custom baseboards, 12' ceilings, coupled w/ oversized windows bring in an abundance of natural light, gorgeous views, & simple Arizona indoor/outdoor lifestyle. White kitchen cabinets accentuate the quartz countertops complete w/ a waterfall-edged island, gas cooktop, built in microwave + double wall ovens. Indulge in the Master bedroom & bath featuring a freestanding soaking tub, lavish shower w/ dual heads/controls, 2 vanities and ample storage. This darling home is all on level with no interior steps and all three bedrooms are split for your privacy. The 3 car garage is complete with epoxy flooring. Truly an entertainer's dream complete with a heated pool/ spa, and mountain views. This must see is conveniently located to great shopping, cultural and social events.

5908 E Orange Blossom Lane Phoenix, AZ 85018

$2,500,000
4 Beds
4.5 Baths
4,395 SqFt
Status Active Under Contract
MLS # 6713234
Property Type Single Family Residence
Price Type --
Nestled in the heart of the Arizona Country Club golf course is this lovely Spanish Colonial home. This is a one-of-a-kind property that offers great privacy and seclusion, while still being conveniently located on Orange Blossom Lane. As you enter through the wooden gate a serene courtyard welcomes you with a large covered patio complete with an outdoor kitchen, sparkling pool, oversized garage, and charming guest house creating an inviting oasis for entertaining family and friends. One of the oldest homes remaining on the course, this special property boasts architectural elegance throughout featuring barreled ceilings, solid wood flooring, a gas and wood-burning fireplace, and arched wooden doors that open onto views of tranquil Camelback Mountain. The open kitchen features a large butcher block island, granite countertops, stainless steel appliances and an abundance of windows and doors that overlook the lush fairways, allowing natural light to flood the space. The main house offers three spacious bedrooms, each with its own en-suite bathroom. Additionally, a basement offers lots of storage space, wine storage and a great workspaces with outside exit. This property is a rare gem and is truly a must see.

4841 E Fairmount Avenue Phoenix, AZ 85018

$2,500,000 - 5Br/6Ba -  for Sale in Indian Villa Amd, Phoenix
Open House
$2,500,000
5 Beds
6 Baths
4,141 SqFt
Status Active
MLS # 6777412
Property Type Single Family Residence
Price Type --
Welcome to Arcadia living at its finest with this newly-built modern residence, nestled in the heart of Arcadia Lite. This sleek 5 bedroom, 6 bathroom residence offers sweeping Camelback Mountain views, paired with elevated finishes and design throughout. With functionality in mind, the modern layout features; An open main living area that flows into your chef's kitchen, two spacious primary suites (one on the main level and one on the second level), a large flex space/game room with a walkout balcony perfectly framing Camelback Mountain, and a resort backyard showcasing a sparkling pool, green space and seamless indoor/outdoor Arizona living. The spacious chef's kitchen is a dream come true and is set up for entertaining featuring; High-end appliances, custom cabinetry, and a large center island while offering easy access to the outdoor oasis, paired with a comfortable flow for day to day living. With an abundance of natural light, you'll never want to leave. Soak in the majestic Arizona evenings under your perfectly positioned pergola or gather around the beautiful pool. This stunning new construction home is in a prime Arcadia Lite location, conveniently across the street from OHSO Brewery Arcadia and just minutes from the Global Ambassador Hotel, Steak 44, The Henry, Chelsea's Kitchen, and LGO, plus Fashion Square Mall in Old Town Scottsdale. Preview this stunning modern residence today!

Leave a Reply

Your email address will not be published.