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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27780 W Ox Ranch Road Congress, AZ 85332

$25,000,000
5 Beds
4 Baths
2,328 SqFt
Status Active
MLS # 6016821
Property Type Single Family - Detached
Price Type --
The O.X. - Little Horse Ranch is an approximately 95,000 +/- acre ranching operation including the 65,620 +/- acre O.X. farm and ranch including 2,292+/- deeded acres located in the high Sonoran Desert 15 miles North of Wickenburg, AZ and the 29,072 +/- acre Little Horse Ranch located in the pine-covered country along the I-17 freeway beginning 3 miles south of Flagstaff, AZ. The 140-year old O.X. Ranch, which is regarded by many as the finest desert ranch in the Southwest, extends from the town of Congress, AZ, at a 3,000 ft. elevation, to the pine-covered peaks of the Weaver Mountains at almost 6,000 feet. The three perennial streams that converge at the headquarters, together with a spring that produces several hundred gallons of water per minute, a 30ft. water table, and a 13 ACRE LAKE

6015 E Cameldale Way Paradise Valley, AZ 85253

$22,500,000
7 Beds
14 Baths
15,736 SqFt
Status Active
MLS # 6314425
Property Type Single Family - Detached
Price Type --
Situated on one of the most commanding homesites in Cameldale, this Grand Estate graces 4.27 acres with stunning views at the base of Camelback Mountain. Created by the vision of its' owner and the professional talent of Candelaria Design, Inc. (Architect), Desert Star Construction (Builder), Vallone Design, Inc. (Interiors), and Berghoff Design Group (Landscape), every detail exudes an ambience that is grand, yet warm and comfortable for an unequaled Lifestyle. Through the gated entry to the charming arrival, the warmth of a French countryside setting draws you in to handsome stone dwellings with compliments of wood and iron that are the main house, additional garages, a two bedroom, two bath, complete Guest House, and a one bedroom, one bath Casita....

8100 N 68th Street Paradise Valley, AZ 85253

$20,000,000
5 Beds
7.5 Baths
17,912 SqFt
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MLS # 6194320
Property Type Single Family - Detached
Price Type --
This authentic Italian Villa in the heart of Paradise Valley was 10 years in the making. Influcenced by the Getty Villa outside of Rome, the materials and artisans who hand crafted them were imported from Italy to work onsite with meticulous detail, under the supervision of noted designer Juan Sandoval. The living spaces open to a grand loggia surrounding two courtyards of lush beauty, (over 300 rosebushes on the property) transporting one's soul to a different place in time. The architectural precision, quality of workmanship, construction quality, attention to detail is unsurpassed. The 60'x60' hand-tiled mosaic heated salt water pool (150,000 gal.) is a work of art, as is each bedroom suite w/ fireproof walls, all Venetian plastered walls throughout, every bookmatched marble floor.

15860 E Rio Verde Drive Scottsdale, AZ 85262

$19,500,000
4 Beds
8 Baths
8,744 SqFt
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MLS # 6106214
Property Type Single Family - Detached
Price Type --
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10719 E Rimrock Drive Scottsdale, AZ 85255

$18,750,000
6 Beds
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13,114 SqFt
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Property Type Single Family - Detached
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Backdropped by the magnificent McDowell Mountains, this incredible Silverleaf estate boasts dramatic views of the vibrant golf course and the twinkling city lights of the Valley below. Designed and built for the most discerning, the home features qualities authentic to a timeless California-style estate with a private gated entrance leading to an extended driveway and grand motor court. Impeccable attention to detail, the finest materials and unparalleled craftsmanship were executed perfectly throughout. Strategically placed on a 9-acre signature homesite is the 13,111 square foot, 6-ensuite bedrooms, 8 bath, timeless home with a detached 1,789 square foot, two-bedroom guest home. The first home built in Silverleaf to achieve LEED certification for energy efficiency.

5800 N Yucca Road Paradise Valley, AZ 85253

$18,000,000
8 Beds
11 Baths
21,379 SqFt
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MLS # 6222976
Property Type Single Family - Detached
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JUST RENOVATED 9/21--new kitchen, oak floors, etc, etc.! 4.62 acres in exclusive Cameldale, with full Camelback Mtn views, is an incredible French-inspired country chateau. A lantern-lined long driveway with hand-built stone wall, expansive lawns, and a Monet lily pond leads to the estate. The compound totals 21,400 sqft and includes 2 guest homes, a 6,500 sqft game house with indoor 1/2 basketball court, gym+ 300 person club rm, bar, kitchen, home theatre + antique fireplace. The beautiful main home has 7 bedrooms including full attached guest quarters, wine rm+ large tasting rm, library, slate roof, 7 car garage + more. The grounds also feature a tennis court, English-built Hartley greenhouse, vegetable garden, citrus grove, rose garden , courtyards+ playhouse with playground.

41927 N Saguaro Forest Drive Scottsdale, AZ 85262

$16,500,000
5 Beds
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9,860 SqFt
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MLS # 6012791
Property Type Single Family - Detached
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$14,995,000
5 Beds
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8,500 SqFt
Status Active
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Property Type Single Family - Detached
Price Type --
2021 built Luxury Modern Estate on one of the most secluded & quiet streets in the prestigious Silverleaf Country Club. 3.7 acre lot perched high into the Upper Canyon bordering the McDowell Sonoran Preserve and surrounded by outstanding panoramic mountain vistas, city lights, & golf course views. Secured behind private gates this home has no steps at the main floor level & rear yard areas and includes 5 bedrooms, 7 baths, huge Game/Entertainment room, Office, Theater room w/ powder bath & candy bar, plus an Exercise/Bonus room. Detached Casita w/ kitchenette, spacious bath, & walk-in closet. 5-car oversized garages expandable to 9 cars with car lifts. Built by Sommer Custom Homes one of the most active & accomplished builders in Silverleaf. Available furnished by separate agreement.

20936 N 109th Place Scottsdale, AZ 85255

$14,500,000
6 Beds
11 Baths
16,976 SqFt
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MLS # 6202608
Property Type Single Family - Detached
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Never before listed! This magnificent private estate awaits a most discerning owner! Situated behind its own private gates on nearly 3 acres within the guard-gated Upper Canyon of Silverleaf. Sophisticated 16,000+ sq ft. custom luxury retreat offers 3 full en-suite master bedrooms each with washer/dryer and safe rooms attached. Two separate guest suites above the garage. An additional 3 offices, 2 of which can be converted to en-suite bedrooms for a possible total of 8 bedrooms and 11 bathrooms. Multiple living and entertaining areas including a fully equipped state-of-the-art theater room. Spacious chef's kitchen with double islands and exceptional custom crafted cabinets. Beautiful, gated motor court with six garages....

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$14,238,000
5 Beds
6 Baths
10,170 SqFt
Status Active
MLS # 6339236
Property Type Single Family - Detached
Price Type --
Nestled into the canyon while spanning the wash, this home embraces adjacent boulder formations of the canyon with significant saguaro soldiers standing at attention to welcome the architectural fascination of this home. The architecture draws inspiration from the natural desert wonders offering captivating organic shapes and dramatic rooflines. The substantial structures that make up this masterful architecture are harmoniously combined by floating glass bridges seemingly lifting the massive architectural expression. Strategic property orientation align views to frame Camelback Mountain from the heart of the home. Elevated with oversized windows and pocket doors throughout, you will grasp the pristine desert surroundings from every angle while maximising the indoor-outdoor living

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$14,000,000
4 Beds
4.5 Baths
6,200 SqFt
Status Active
MLS # 6233019
Property Type Single Family - Detached
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From what began as an appeal and vision to create the most alluring home in Arizona's highly sought-after Paradise Valley, Dancing Light came into being, a triumph in contemporary residential architecture that truly reflects the spirit of its natural surroundings. A sprawling 2.8 acres contains two stunning residences, with the main house and guest house consisting of 3 bedrooms and 3 1/2 baths, and 1 bedroom and 1 bath, respectively. Prepare for moments of awe in this Kendle Design, Architect/Desert Star Construction/David Michael Miller, Interiors-designed 6,198 square-foot masterpiece replete with artfully functional details that extends naturally to the outdoors. Camelback Mountain is silently poised nearby, as if offering its blessing to a desert compound made up of the area's natural

6659 E Indian Bend Road Paradise Valley, AZ 85253

$14,000,000 - 7Br/15Ba - Home for Sale in Judson, Paradise Valley
Open House
$14,000,000
7 Beds
15 Baths
26,393 SqFt
Status Active
MLS # 6174692
Property Type Single Family - Detached
Price Type --
Infrequent discovery: Save several years in construction phase and NEW construction built cost (offered under $500 per sqft, this level construction, New is trading $1,500+ SQFT). This Ultimate Guard Gated Estate assures security and privacy. Homes commercial (concrete and steel) grade construction is under way and can be personalized to your taste if you act now! The home can accommodate parking for 20 of your most special car collection or use this space as your ball room/event center. Its generous size, bank grade vault can store your Art, Jewelry or garments. In your spare time, you may find your self lounging by its front courtyard's reflecting pool, its back yard's pool or your indoor pool/spa area. Your wine tasting room can be within the wine cellar or intimately outdoors.

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