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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20491 N Vermillion Cliffs Drive Surprise, AZ 85387

$525,000
2 Beds
2 Baths
1,950 SqFt
Status Active
MLS # 6701566
Property Type Single Family Residence
Price Type --
Welcome to this exquisite home nestled in the sought-after Sun City Grand community. Step inside to discover a haven of sophistication, with high ceilings and elegant plantation shutters adorning every window. The kitchen boasts sleek granite countertops, offering both style and functionality. Outside, a tranquil oasis awaits, complete with a soothing waterfall - a perfect spot for relaxation or entertaining. Offering 2 bedrooms and 2 bathrooms, this home provides ample space for comfortable living. Located in Sun City Grand, residents enjoy access to a range of amenities, including golf courses, pools, and recreation centers. Don't miss out on the opportunity to experience resort-style living in the heart of Surprise! Photos virtually re-staged.

6642 N 10th Avenue Phoenix, AZ 85013

$525,000
3 Beds
1 Bath
1,487 SqFt
Status Active
MLS # 6700910
Property Type Single Family Residence
Price Type --
THIS is the moment you have been waiting for in Glenwood Park. This charming home sits on a quaint tree lined street on a large lot. The interior of the home has had some updates, however room to make it your own. Whether you are looking for your next project or are excited about creating your own equity, this opportunity is too good to pass by.

11993 N Renoir Way Tucson, AZ 85742

$525,000
3 Beds
2 Baths
1,992 SqFt
Status Active
MLS # 6701510
Property Type Single Family Residence
Price Type --
This turn-key 3 Bed/den/2Bth & 2.5 Car Garage home offers everything you need for comfort with no detail spared. Located in gated Tangerine Ridge in NW Tucson, so close to I-10, parks, bike paths and shopping. Enjoy ALL TILE Flooring throughout (NO CARPET!) in this rare find meticulously cared for by the owner. Property sits against private common area offering captivating desert, cactus and Mtn views. The kitchen is a gourmet chef's dream with LG wall oven & convection microwave, complemented by beautiful white cabinets, granite countertops and Gas cooktop w/gas stub located at outdoor BBQ (and at dryer) adding to the convenience. Owners installed an AprilAire furnace filter, providing optimal air quality along with a full house security camera system giving peace of mind. A gorgeous custom wrought iron security door complements the curb appeal of the contemporary stone exterior. Step inside and discover a wealth of upgrades, including 8' interior doors, 9' ceilings, and a glass-enclosed walk-in shower with dual shower heads and seat in the owner's bath, perfect for indulging in a spa-like experience. The extended paver driveway and back patio enhance the outdoor living experience, while the radiant barrier ensures energy efficiency year-round. So many more features to mention this is a must see!

25954 N Desert Mesa Drive Surprise, AZ 85387

$525,000
4 Beds
2.5 Baths
2,917 SqFt
Status Active
MLS # 6705749
Property Type Single Family Residence
Price Type --
Welcome to your sanctuary at Desert Mesa Drive! Nestled in the heart of Surprise, this stunning residence offers the perfect blend of comfort, style, and convenience. As you step inside, you're greeted by the spacious and airy interior adorned with updated wood plank floors that exude warmth and charm. The main level features a versatile flex room, ideal for a home office or additional living space, offering endless possibilities to suit your lifestyle needs. The heart of this home lies in its beautifully updated kitchen, designed to satisfy the most discerning chefs. With double ovens and ample counter space, meal preparation becomes a joyous experience. Whether you're hosting intimate gatherings or entertaining on a grand scale, this kitchen is sure to impress. Upstairs, discover a relaxing loft area, perfect for unwinding after a long day or enjoying family game nights. The four generously sized bedrooms provide ample space for rest and relaxation, ensuring everyone has their own private retreat. Outside, your personal oasis awaits. Step into the backyard and be greeted by the tranquil sounds of the pebble tech saltwater pool waterfall, creating a serene atmosphere for morning coffee or evening relaxation. Take a refreshing dip in the hot tub, perfect for soothing tired muscles after a busy day. Gather around the firepit on cooler evenings, creating memories with family and friends under the starlit sky. For those who love to entertain, the built-in backyard BBQ is a dream come true, offering the ideal setting for outdoor gatherings and culinary delights. Additionally, the garage is equipped with built-in cabinets, providing ample storage space for all your tools and equipment. Located in a desirable neighborhood, this home is conveniently situated near shopping, dining, entertainment, and top-rated schools, making it the perfect place to call home.

40684 W Hopper Drive Maricopa, AZ 85138

$525,000
4 Beds
2 Baths
2,470 SqFt
Status Active
MLS # 6701511
Property Type Single Family Residence
Price Type --
Gorgeous home, impeccably maintained in every way, and move in ready. The curb appeal is second to none with elevated curbing, synthetic grass, stamped concrete and low maintenance landscaping. Inside the home you'll find a potentially awesome movie theater room with raised platform, spacious kitchen with granite counter tops and double ovens, large great room over looking backyard. Den has double doors and makes a great office but could add closet for 4th bedrm. But it's the backyard you'll want to spend most your time in with HEATED AND COOLED SPARKLING POOL, outdoor gas BBQ, synthetic grass, mature landscaping and rain gutters. R/O, Softwater system, THREE CAR GARAGE and much more ... come on by today

18397 W Ida Lane Surprise, AZ 85387

$525,000
3 Beds
2.5 Baths
1,884 SqFt
Status Active
MLS # 6702683
Property Type Single Family Residence
Price Type --
Beautiful Move-In Ready home built in 2018 with 3 Bedrooms plus a BONUS -Flex Room, Open Concept floor plan. Tandem 3 car garage, and entertainer's backyard with sparkling pool. Chef's delight kitchen with quartz counters, custom grey cabinets, large island with added storage plus big walk-in pantry. Nicely sized primary bedroom split from the other bedrooms. Includes custom shower, double sinks, separate toilet room and large closet. Many additional upgrades 8' interior doors, contemporary lighting, epoxy floor coating in the extended length garage. Backyard features a gorgeous pool with Baja lounge entry surrounded by travertine patio with Storage shed. Privacy with no homes behind and backs to community park. Tons of amenities pool, pickleball, sports fields, dog park and much more

4831 N Granite Reef Road Scottsdale, AZ 85251

$525,000
3 Beds
2.5 Baths
1,656 SqFt
Status Active
MLS # 6703806
Property Type Townhouse
Price Type --
Come check out this recently remodeled, fully furnished, 3 bedroom, 2.5 bathroom, La Buena Vida townhome conveniently located in the heart of Scottsdale, near several parks, and Chaparral Lake, as well as a short drive from shopping at Fashion Square Mall and casual dining in Old Town Scottsdale. Enter the first-floor living and dining area to enjoy an open kitchen gleaming with new cabinets, granite countertops and stainless steel appliances, across its dining seating area, overlooking the peaceful private yard. Up the modern-looking, open staircase, the master bedroom boasts a walk-in closet and private fully remodeled ensuite bath, as well as a secretary's nook. This one is truly a gem, come see for yourself!

13879 W Cambridge Avenue Goodyear, AZ 85395

$525,000
4 Beds
2.5 Baths
2,493 SqFt
Status Active
MLS # 6703286
Property Type Single Family Residence
Price Type --
New Flooring! New kitchen remodel! New paint! New roof paper! New pool pump! This amazing 4 bedroom, 2.5 bath home has a spacious, open layout and high ceilings in the main living areas is one you can't pass over! Bedrooms are all large sizes! Bathrooms have been renovated! The gorgeous pool with safety fence is the perfect addition! All bedrooms are on the second floor. From the master bedroom, you are able to walk out onto a patio overlooking the pool. This is the perfect oasis for anyone wanting to maximize the Arizona outdoor living! The gorgeous kitchen with it's new granite countertops is the cherry on top! It has a large covered patio for entertaining too! Come check this one out!

1080 W Myrna Lane Tempe, AZ 85284

$525,000
3 Beds
2 Baths
1,661 SqFt
Status Active
MLS # 6705363
Property Type Single Family Residence
Price Type --
Fantastic home, that definitely checks all the boxes!! Conveniently located in the heart of Tempe with easy access to the I10,101& 202! Inside you'll find an open and bright living space, perfect for relaxing with family or hosting friends. Home comes with custom blinds and shutters, beautiful plank tile and plush carpet in each of the bedrooms. The master bedroom is complete with vaulted ceilings, a spacious layout and a luxurious ensuite bathroom that has recently been upgraded with a new shower and plumbing! Outside, you'll find your private backyard oasis, complete with a large covered patio and sparkling pool! Upgraded pool filter media (Dr. Dryden), plush turf and decorative equipment fences! Home also comes with a water softener & filtration system, like new water heater, and well-maintained AC unit with hard start kit to prolong the life of the unit. Come take a look at your next place to call home!!!

22 W Del Rio Drive Tempe, AZ 85282

$525,000
3 Beds
2 Baths
1,645 SqFt
Status Active
MLS # 6705725
Property Type Single Family Residence
Price Type --
Charming 3 bed, 2 bath home in the heart of Tempe! This inviting property features a spacious living room and a great room with a cozy fireplace, perfect for relaxing or entertaining. The eat-in kitchen offers ample space for family meals. Enjoy the expansive backyard with a mature citrus tree, providing shade and fresh fruit. Ideally located near shopping, dining, and ASU, this home offers both comfort and convenience. Don't miss the opportunity to make this Tempe gem your own!

540 Jordan Road Sedona, AZ 86336

$525,000
1 Bed
1.5 Baths
1,102 SqFt
Status Active
MLS # 6705206
Property Type Townhouse
Price Type --
Welcome to your charming retreat in the heart of Sedona! This beautiful one bedroom plus loft townhome offers a perfect blend of comfort, convenience, and stunning surroundings. Located just minutes from the vibrant shopping and dining scene of Sedona. Bright airy open-concept living space features vaulted ceilings, cozy fireplace and ample natural light throughout. Tranquil primary suite is complete with ensuite bathroom and private patio to soak in the breathtaking beauty of Sedona. Versatile loft area offers endless possibilities as a home office, studio, or additional sleeping quarters. Private laundry and attached 2 car garage. Don't miss out on this opportunity to own in enchanting Sedona!

1348 E Libby Street Phoenix, AZ 85022

$525,000 - 3Br/2Ba -  for Sale in La Cresta Two, Phoenix
New
$525,000
3 Beds
2 Baths
1,531 SqFt
Status Active
MLS # 6705596
Property Type Single Family Residence
Price Type --
Welcome home! This lovely 3-bed, 2-bath residence with NO HOA is awaiting new owners! Come inside to find a spacious open layout featuring vaulted ceilings, a designer's palette, sleek wood-plank tile flooring, abundant natural light, and French doors that merge indoor and outdoor living. The kitchen is a cook's delight, showcasing SS appliances, track lighting, granite counters, wood shaker cabinetry, a subway tile backsplash, a pantry, a breakfast bar, and a bright breakfast room. Carpeted main retreat has direct backyard access, a full ensuite with dual sinks, and a walk-in closet. Continue onto the large backyard that comes with a covered patio, artificial turf, palm trees, pavers, and a crystal blue ''pebbletec'' finish pool ready to enjoy. Take advantage of this fantastic opportunit

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