Thinking of Selling? Now Is the Time to Act

If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Jonathan Smoke, Chief Economist at realtor.com, revealed in a recent article that:

“The biggest challenge to buyers this spring will be simply finding a home to buy and getting it successfully under contract. That’s because the supply of homes for sale is at an all-time low, and yet demand is strong and getting stronger.”

Smoke goes on to say:

“We started the year with the lowest inventory of homes available for sale that we’ve ever seen on realtor.com. While we did see inventory grow 2% in February, total inventory was down 11% over last year.”

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction including the inspection, appraisal and financing contingencies.

Bottom Line

As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas.  Give me a call to find out what your best options are – J.P. Cook – 602-320-4253.

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

19620 W Cambridge Avenue Buckeye, AZ 85396

$464,146

4 Beds

3 Baths

2,070 SqFt

Status Active

MLS # 6676071

Property Type Single Family Residence

Price Type --

Explore this must-see Slate home, ready for quick move-in on a homesite boasting front yard landscaping and driveway pavers. Included features: an inviting covered entry; an impressive kitchen layout offering 42'' cabinets, stainless-steel appliances, quartz countertops, a center island and a roomy pantry; an open dining area; a spacious great room; a lavish primary suite showcasing a generous walk-in closet and a private bath with cultured marble countertops; a convenient laundry; a covered patio and a 2-car garage. This home also offers stone tile flooring, additional windows and ceiling fan prewiring in select rooms.

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12528 W Marguerite Avenue Avondale, AZ 85323

$464,114

5 Beds

2 Baths

2,407 SqFt

Status Active

MLS # 6683503

Property Type Single Family Residence

Price Type --

Discover the difference in this home and buying experience! Under construction Laredo design at Highland Ridge by Brookfield. 5 bedrooms! 7000 SQ FT Homesite, single story includes an open-concept floorplan boasting an inviting kitchen and bright great room that opens to the private, covered outdoor room, the two-car garage leads you into the drop zone. This home offers a fourth bedroom option in lieu of the flex space. $41,000 in upgrades. Special financing is offered. Alamar is a new kind of master-planned community in the West Valley spread over 1,150 acres in Avondale, just 18 miles from Downtown Phoenix.

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2720 W Cholla Street Apache Junction, AZ 85120

$464,000

4 Beds

2 Baths

1,548 SqFt

Status Active

MLS # 6669619

Property Type Single Family Residence

Price Type --

Brand New Construction! 4 bedrooms with 2 full baths. Modern kitchen with island open to great room. Master walk in shower. Late May 2024 anticipated completion date. Still time to customize some finishes. Tile to be installed throughout entire home. Spray foam insulation in walls and ceiling adding to great energy efficiency in home. Great sized backyard and no HOA! Great location near freeways and shopping.

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20066 N Golden Barrel Drive Surprise, AZ 85374

$464,000

2 Beds

2 Baths

1,936 SqFt

Status Active

MLS # 6612237

Property Type Single Family Residence

Price Type --

''Welcome to this meticulously maintained single-owner residence, boasting an expansive layout that exudes an airy ambiance. Featuring two generously sized bedrooms, this home offers an entertainer's delight with its seamless open concept design. The kitchen is adorned with stainless steel appliances, ample countertop space, and abundant cabinet storage, complemented by a formal dining area. Additionally, the generously proportioned office/den presents versatility, potentially serving as a third bedroom. Step outside to the inviting back patio, perfect for unwinding and savoring the serene beauty of Arizona winters. Completing this exceptional property is a spacious two-car garage, providing ample storage and convenience.''

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