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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11867 N 118th Street Scottsdale, AZ 85259

$2,485,000
5 Beds
5.5 Baths
4,350 SqFt
Status Active Under Contract
MLS # 6781789
Property Type Single Family Residence
Price Type --
EXECUTIVE SINGLE LEVEL HOME WITH IDEAL FLOOR PLAN & SPECTACULAR MOUNTAIN VIEWS. The Sellers impeccable eye for detail remodeling the home in 2022 combining elements of modernism with a touch of sophistication attracts the eye & excites the soul. The Primary wing includes a ensuite bedroom that is now an office with a private entrance, The spacious Primary bedroom has an updated spa bathroom. Opposite are 3 additional bedrooms with remodeled ensuite bathrooms for family members or to accomodate visitors. The Gourmet kitchen has been remodeled with top-of-the-line appliances & new countertops for a a sleek, modern feel. It opens to the family room & game room beyond. Expansive doors make indoor to outdoor living seamless. The exterior landscaping & hardscape have been completely redesigned with the addition of a built-in Traeger grill, outdoor refrigerator, there is a fire pit for chilly nights, forever green grass with breathtaking golf course & majestic McDowell mountain views perfect for family fun & entertaining. PLEASE NOTE THAT THE CHANDELIERS & SOUND BARS/FLAT SCREEN TVS & SONOS EQUIPMENT ARE NOT INCLUDED IN THE PURCHASE. In prestigious 24 Hour Guard Gated Ancala Country Club with true sense of community and a very active HOA making it easy to get to know your neighbors. Close to desirable Scottsdale & BASIS schools, hiking & biking trails, fine dining & shopping, the Mayo Clinic & easy access to Freeways. ANCALA COUNTRY CLUB MEMBERSHIP IS OPTIONAL. Ancala, a par-72 championship golf course was designed by Perry Dye. The remodeling was extensive including new high-quality hardwood flooring throughout the entire home for a cohesive, refined look. A new HVAC system has been installed, improving the home's energy efficiency & climate control. See The updated list in documents.

10905 E Oberlin Way Scottsdale, AZ 85262

$2,479,000
3 Beds
3.5 Baths
2,835 SqFt
Status Active
MLS # 6655766
Property Type Single Family Residence
Price Type --
Serene is brand new gated enclave of 21 cutting edge single level contemporary homes designed by Swayback Architects & Planners and built by Sonora West Development. Each Serene home brings a new definition to the ''Lock and Leave'' lifestyle with open Great Room floor plans perfect for both entertaining and everyday living. There are four different models to choose from with lavish interior finishes created by renown interior designers Est Est. This Model C has a 2 car garage and alternate dining available only on lots 12 & 13. Price shown includes lot premiums and 25K pool and a 25k landscape allowance, Sub-Zero & Wolf Appliances & BBQ. Backing to the North side of Pinnacle Peak Mountain in N Scottsdale Serene..

5314 N 41st Place Phoenix, AZ 85018

$2,479,000
5 Beds
3 Baths
4,013 SqFt
Status Active
MLS # 6752736
Property Type Single Family Residence
Price Type --
The kitchen showcases a stunning view of Camelback Mountain & the Praying Monk. This beautifully renovated home features an open, entertaining plan with an inviting entry by way of a charming conversation patio. Spanning over 4,000 sq ft, enjoy 5BR/3BA, handsome library, LR, formal dining and great rm/family rm - complete with a breakfast bar & en suite eating area. The spacious split master suite occupies the entire south wing - 2 access doors to pool/patio areas - one right off the gym room. Resort-style backyard with a heated pool & spa, plus a freestanding 3-car garage equipped with a mini-split. Four private patios, one of which features an automated screen. There are surprises & vignettes everywhere. Please review the detailed list of features & improvements found in the docs tab.

28118 N 109th Way Scottsdale, AZ 85262

$2,475,000
3 Beds
3.5 Baths
2,875 SqFt
Status Active
MLS # 6655632
Property Type Single Family Residence
Price Type --
Serene is brand new gated enclave of 21 cutting edge single level contemporary homes designed by Swayback Architects & Planners and built by Sonora West Development. Each Serene home brings a new definition to the ''Lock and Leave'' lifestyle with open Great Room floor plans perfect for both entertaining and everyday living. There are four different models to choose from with lavish interior finishes created by renown interior designers Est Est. This Model C has a 2 car garage and available only on lots 14, 15, 20 & 21. Base price shown includes lot premiums and 25K pool and a 25k landscape allowance, Sub-Zero & Wolf Appliances & BBQ. Backing to the North side of Pinnacle Peak Mountain in N Scottsdale Serene..

5000 N Camelback Ridge Road Unit 201 Scottsdale, AZ 85251

$2,475,000
2 Beds
2.5 Baths
1,847 SqFt
Status Active
MLS # 6782702
Property Type Apartment
Price Type --
Experience elevated living at Ascent at the Phoenician! This brand new luxury condominiums will be ready for occupancy before the end of this year. Nestled on Camelback Mountain, this exclusive home features a high end bulthaup kitchen, Wolf & Sub-Zero appliancesa, beautiful fireplace, window coverings, washer and dryer and Waterworks fixtures. Enjoy a spacious wrap-around patio with a built-in gas grill, perfect for entertaining. Luxurious touches include fantastic tile and stone along with hardwood flooring throughout. Located within a brand new guard-gated community and adjacent to the Phoenician Resort, Ascent has outstanding new community amenities. Don't miss this first chance to be among the new residents of the most desirable resort community in town.

23602 N 84th Place Scottsdale, AZ 85255

$2,475,000
6 Beds
5 Baths
4,874 SqFt
Status Active Under Contract
MLS # 6774258
Property Type Single Family Residence
Price Type --
Privacy & luxury in prime gated N Scottsdale Pinnacle Paradise. 1.7 acres, 4800+ sq ft, 6bd/5bth incl casita, paved circ. drive, pvt ctyd, 4 car cond. garage w tons of storage. Grand residence, meticulously cared for. Soaring ceilings, grt rm overlooks yard, pool, spa, & casita. Indoor/outdoor living at its finest. Cook's hub kitchen w/prep island, dbl ovens, lg pantry w/new wine cooler & pouring station. Bkfst nook overlooks expansive covered rear patio, htd pool and spa. Spacious fml dining, beamed vaulted ceilings, lots of windows overlook grounds. Wood plank flooring, travertine, 4 fireplaces. Secluded primary w/spa bath, soak tub, dual closets. Owned solar, little or no elec bill! New roof, fresh paint inside and exterior. This is indeed a rare find, near all N Scottsdale offers.

4322 E Libra Place Chandler, AZ 85249

$2,475,000
5 Beds
4.5 Baths
5,539 SqFt
Status Active
MLS # 6777241
Property Type Single Family Residence
Price Type --
New Custom Home in the gated community of Vasaro. Home is fully completed and move in ready! 5 large bedrooms, all with in suite bathroom access, separate office, formal dining, large bonus room with a barn door, expansive open great room/kitchen plan w/walk in pantry, custom cabinets, large 3 bowl sink, built-in stainless-steel appliances, 48''refrigerator, commercial style range & hood, tile & wood flooring, 10x16 disappearing wall of glass, this home boast 12' & 15' ceilings and a large 4 car garage, meet with our pool & landscaping contractor and design your own custom backyard oasis. Owner is an agent in arizona

11999 N 119th Street Scottsdale, AZ 85259

$2,475,000
4 Beds
4.5 Baths
5,059 SqFt
Status Active
MLS # 6733889
Property Type Single Family Residence
Price Type --
Welcome to the wonderful lifestyle of Ancala Country Club! This gorgeous property is an entertainer's dream! The inviting front courtyard with stone fireplace welcomes you into the expansive open concept great room with wet bar! A multi-slide door opens to the stunning infinity-edge swimming pool - perfect for indoor-outdoor entertaining. The kitchen is handsomely appointed with knotty alder cabinets, granite counter tops, 6 burner gas cooktop, double ovens, two dishwashers breakfast bar + breakfast nook. The grand formal dining room is where you'll have special celebrations! Private primary suite with tray ceilings, huge custom closet, bath with soaking tub and stone shower. Guests will enjoy the attached casita, or two additional ensuite guest rooms. The office/bonus room has charming front courtyard. The property boasts a total of 3 fireplaces. Step outside to the private low maintenance backyard oasis with pool, spa, expansive covered patios, built-in kitchen and faux grass. All this, and country club amenities, including manned guard gate, golf course, tennis courts, fitness room, kids park, club house and community pool (use of clubhouse, pools, tennis courts, fitness room, and golf course require club membership). WELCOME HOME!

2928 N 83rd Street Scottsdale, AZ 85251

$2,475,000 - 4Br/5Ba -  for Sale in Village Grove, Scottsdale
Open House
$2,475,000
4 Beds
5 Baths
3,572 SqFt
Status Active
MLS # 6760146
Property Type Single Family Residence
Price Type --
Stunning ''New Construction'' in a fabulous location just minutes to the shops, restaurants & night life in Old Town Scottsdale! This contemporary masterpiece features 16 foot soaring ceilings, 19 seer, 5 ton, variable speed HVAC, huge sliding glass patio doors, skylights, 3 gas fireplaces, 3 car garage w/electric vehicle charging station, RV Gate & RV Parking, NO HOA, tankless hot water heater, pool w/heater & chilling functions, Wellness Room w/cold plunge, exterior built in BBQ, synthetic grass. Over a 1/4 acre lot, home is all on 1 level with over 3,500 sq ft of interior living space, 4 total bedrooms (2 master suites), 5 baths, separate den/office, wet bar, built in wine refrigerator, 48''gas cooktop (Monogram Appliances) & kitchen island. Wired and plumbed for optional Guest House!

1583 S 155th Street Gilbert, AZ 85296

$2,457,000
6 Beds
6.5 Baths
3,856 SqFt
Status Active
MLS # 6769989
Property Type Single Family Residence
Price Type --
Be Prepare to be amazed! Check out this newly Custom-built home w/ 6 beds, 6.5 bath now on the market! Stunning curb appeal, 4 garage spaces w/epoxy flooring & an attic, 170ft PVT Driveway and a RV gate. Discover spacious dining & living areas w/elegant wood-look flooring, high ceilings w/exposed wood beams & wood floors. upgraded ceilings fans, and neutral palette throughout. The gourmet kitchen is equipped w/Thermador Appliances the aspiring chef needs, white cabinetry w/crown molding, quartz counters, a farmhouse sink, and a prep island complete w/a breakfast bar. The primary bedroom showcases private outdoor access and a lavish ensuite w/dual vanity, Private access to a full Disability bedroom w/ full bath. Anderson windows & Trane A/C units. Large bonus room is ideal for an entertainment center or lounge area! Laundry room offers tons of additional cabinetry and a convenient utility sink. Lastly, the expansive backyard w/its extended covered patio, is a blank canvas w/more than enough space for a pool or guest house! This is the opportunity of a lifetime, don't let it slip by!

3011 E Morrison Ranch Parkway Gilbert, AZ 85296

$2,455,000
5 Beds
4.5 Baths
4,015 SqFt
Status Active
MLS # 6772744
Property Type Single Family Residence
Price Type --
Welcome to this stunning 5-bedroom + loft + den + office, 4.5-bath residence in the highly sought-after Morrison Ranch Community, located on the tree lined street of Higley Estates. Set on a rare residential acre of land at nearly a full acre. This home combines luxury and functionality with expansive resort style outdoor living. Inside, the layout offers flexibility and space, including a main-level bedroom with an en-suite bathroom, perfect for guests or multigenerational living. The gourmet kitchen is a chef's dream, featuring a spacious island with 2-way cabinetry, double ovens, gas cooktop and a butler's pantry that opens to a large dining room. The impressive laundry room has custom cabinetry, a built-in sonic ice maker, and extensive storage for convenience. The master bathroom offers expansive elbow room and luxury finishes Throughout the home, enjoy smart technology, enabling remote control of the security system... garage, pool, and A/C, plus the added convenience of a central vacuum system and integrated security features. The backyard oasis is a true highlight with a heated pool and spa that offer vast features including a portable safety fence, travertine and an outdoor shower, misters, waterfalls, and a pergola complete with a wood-burning/gas fireplace for cozy gatherings. Enjoy a chicken coop and garden, each with self-watering systems, a sport court with a remote lighting system, a dedicated area for an in-ground trampoline, and a built-in BBQ setup with a side burner, sink, and fridge. Bistro light poles for entertaining, with mature landscaping, and a mix of faux turf and seeded grass adds to the ambiance, along with an abundance of citrus and fruit trees. Parking and storage are plentiful, with a 2.5-car garage featuring a mini-split for comfort, custom cabinetry, overhead shelving, and an additional side carport area tucked behind the RV gate. This home offers an exceptional blend of spacious interior living, an outdoor retreat, and smart home technology designed for modern convenience, with far too many features to list. Don't miss buying a home on one of the largest lots on the iconic Morrison Ranch Parkway in the heart of Gilbert AZ!!!

363 E Monte Vista Road Phoenix, AZ 85004

$2,450,000
4 Beds
4 Baths
3,410 SqFt
Status Active
MLS # 6765895
Property Type Single Family Residence
Price Type --
One of the most beautiful Historic properties in Phoenix! Built in 1927 in the Los Olivos Community, a Historic Neighborhood adjacent to the Arts District developed by Dwight B Heard, this iconic Storybook Tudor is always showcased when researching historic homes in Phoenix. With its dramatic Tudor architecture and expansive 3/4 acre property, the curb appeal alone takes you back in time! The current owner has meticulously retained all the historical charm and elegance while updating and improving the property. Elegant community rooms with soaring wood beamed ceilings, artfully crafted solid Mahogany doors and paneling, paned windows, Italian cornices and draperies, Steuben and other antique chandeliers. From the foyer is the dramatic staircase with its original Terrazzo floors. Beautiful Chef's kitchen with island, Subzero and Miele appliances. Laundry Room with antique cast iron sink. 3 bedrooms upstairs including the large Primary Bedroom with William Morris draperies. Primary Bath with original and preserved Green Ceramic Tile. Charming Guest Bath with Dormered Ceilings. Detached Coach House (Garage) with Guest House offering a full bath, loft bedroom, and kitchenette. Backyard Oasis with long rectangular pool, flanked by Italian Cypresses and featuring an imported English water feature. Beautiful Gazebo with commercial grade mist system for year round enjoyment. Large AC cooled Chicken Coop and orchard sporting over 15 fruit trees conveys unrivaled rural living in the center of the city. Make this iconic historical home located in the heart of the city yours to showcase!

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