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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2023 N Verde Circle Payson, AZ 85541

$525,000
3 Beds
2 Baths
1,645 SqFt
Status Active
MLS # 6662942
Property Type Single Family Residence
Price Type --
Beautiful, well-maintained home. Located on a corner lot in the popular Payson Pines subdivision. 3BR, 2BA. Oversized 2 car garage has room for a workshop. Front covered patio and back deck to enjoy the fantastic Payson Weather. Large kitchen, with island and breakfast bar. Laundry room with washer/dryer and utility sink. Living room features a gas fireplace and built-in entertainment center. Interior just repainted. Back deck rebuild recently completed. Solid and good-looking Trex decking.

3719 E Longhorn Street San Tan Valley, AZ 85140

$525,000
6 Beds
3 Baths
3,236 SqFt
Status Active
MLS # 6658191
Property Type Single Family Residence
Price Type --
Experience the perfect blend of comfort and convenience in this stunning home located in the serene Laredo Ranch community of San Tan Valley. With its thoughtfully designed layout and modern amenities, this property offers a unique living experience that caters to both relaxation and entertainment. Boasting six bedrooms plus a loft, this home provides ample space for a large family or guests. The layout includes a convenient full bedroom and bath downstairs, ideal for in-laws or as a guest suite. The additional five bedrooms are well-sized, offering privacy and comfort. With three full bathrooms, morning routines are streamlined, and guests are comfortably accommodated. The loft area adds flexibility for an office, playroom, or additional living space. Stay cool and comfortable with two high-efficiency AC units (4 and 5 tons, 14 SEER, 2023 models) ensuring a perfect indoor climate. The newer water heater and soft water system add to the home's modern conveniences. Step into the low-maintenance backyard, designed for relaxation and enjoyment. The centerpiece is a stunning saltwater pool with a Baja step and an elegant water feature, perfect for Arizona's sunny days. One of the unique charms of this property is the clear night sky. The location in San Tan Valley offers an unobstructed view of the stars, making for magical evenings. Laredo Ranch is renowned for its peaceful atmosphere and community spirit. The home's proximity to local amenities, including shopping centers, schools, and parks, makes it an ideal choice if you're looking for a blend of suburban tranquility and convenience.

766 S Wandering River Road Cornville, AZ 86325

$525,000
3 Beds
2 Baths
1,920 SqFt
Status Active
MLS # 6663621
Property Type Single Family Residence
Price Type --
Wow! Golf Course Home with spectacular views in Verde Santa Fe 55+ Community. 3 Bedroom split 1,920 sq/ft floor plan with open kitchen, breakfast room, lots of cabinet and counter space, pantry, family room w/electric fireplace, dining room, living room easily converted to a den/office, spacious master suite with great views, double sink vanity, walk-in shower, walk-in closet, split 2nd & 3rd bedrooms with full bathroom, inside laundry, attached 2 car garage with built in cabinets...New roof 2023. Quarterly HOA fee includes Clubhouse membership featuring a 4,900 square foot building with kitchen, fitness center, billiard room, card room & great room. The outdoor amenities include a swimming pool, spa tub, BBQ patio area + more. Various social events are offered throughout the year.

2511 W Queen Creek Road Chandler, AZ 85248

$525,000
2 Beds
2 Baths
1,350 SqFt
Status Active
MLS # 6662135
Property Type Apartment
Price Type --
NEW BUILD SPEC HOME, READY MOVE IN!!!! completed with upgrades, White cabinets, Quartz countertops, LVP flooring main areas, upgraded carpet in bedrooms, 12x24 tile in bathrooms, upgraded hardware, lighting fixtures, ceiling fans, stainless steel kitchen appliances, W/D. Large private balcony, smart home technology. Resort style pool, built in BBQ, Cabanas, Large fitness center with top of line equipment, yoga studio, locker room with steam room, Clubhouse with gaming tables, business center & full kitchen. Fantastic location with walkability to restaurants, easy access to freeways, close by shopping & entertainment, nearby airports. Key fob entry to all buildings, gated underground parking garage with assigned stall, surface electric car charging stations.

117 W Glenrosa Avenue Phoenix, AZ 85013

$525,000
2 Beds
1 Bath
1,249 SqFt
Status Active
MLS # 6669397
Property Type Single Family Residence
Price Type --
Welcome to your enchanting cottage style home, a true Historical gem. Nestled behind a classic white picket fence, this timeless property exudes charm and character at every turn. Prime central Phoenix location is close to everything...walk to Clever Koi & Across the Pond, Indian Steele Park, the light rail, LUX coffee and much more. Don't feel like going out? Enjoy your meal or beverage in your very own backyard gazebo! Remodeled and most items replaced within the last 2 years, so if you've been searching for a turnkey property in central Phoenix, this is it...call for your tour today!

3784 N Anvil Road Pine, AZ 85544

$525,000
3 Beds
2 Baths
1,624 SqFt
Status Active
MLS # 6671436
Property Type Manufactured Home
Price Type --
Amazing 3BR/2BA home in Pine with no HOA! Close to shops and restaurants. The property has mountain views and wildlife visits. A wrap around TREX deck was installed in 2021. Two large sheds with electricity add the perfect storage for any of your needs. Central air and heating. Plenty of parking for your RV or UTVs. Firepit, gazebo, and outdoor lighting for easy relaxing. The home was affixed affidavit in 2016. Call today for your tour!

21058 E Munoz Street Queen Creek, AZ 85142

$525,000
4 Beds
3 Baths
2,379 SqFt
Status Active
MLS # 6672242
Property Type Single Family Residence
Price Type --
Welcome to the stunning subdivision of Ocotillo Landing. This charming home has so much to offer. The first thing you'll notice is the great curb appeal and easy to maintain landscaping. Step inside to an elegant entryway. The home has wood or tile flooring in all the main living and walking areas and carpet in the good sized bedrooms. 4 total bedrooms, a terrific loft, and 3 bats. The kitchen boasts granite countertops, breakfast bar, upgraded Maple cabinets, and stainless steel appliances. Cozy back yard with room to relax and entertain. Just minutes from shopping, great schools & parks, restaurants, and more. Come take a look. This beauty won't last long! Thanks for stopping in for a look.

337 E Clairidge Drive San Tan Valley, AZ 85143

$525,000
4 Beds
2.5 Baths
2,968 SqFt
Status Active
MLS # 6693443
Property Type Single Family Residence
Price Type --
Absolutely beautiful & well-maintained home in a very desirable San Tan Valley subdivision of Johnson Ranch! As you enter this 4 bedroom, 2.5 bathroom, plus office AND loft home you will find all the space you could ever need! The kitchen boasts granite countertops with custom tile backsplash, white cabinets, stainless steel appliances, eat in nook and pantry, it is also open to the family room, perfect to fit all friends & family! Formal dining & living rooms surround the grand foyer and there is an additional half bath downstairs. Before heading upstairs, don't forget to check out the office, laundry room & expansive three car garages! As you venture upstairs, admire the soaring ceiling height and iron stair railings that give this home a open & elegant feeling. The primary suite has a large walk-in closet as well as an en-suite with dual vanities, custom tile walk in shower and private toilet room with bidet. The additional 3 bedrooms share a hall bathroom and a spacious loft. Once you step outside, you can enjoy Arizona sunsets from your backyard that is perfect for entertaining. This N/S exposure lot has grass and desert landscaping, keeping it low maintenance year-round. Did we mention SOLAR!!! Do not miss this, schedule your showing today!

9100 E Raintree Drive Scottsdale, AZ 85260

$525,000
2 Beds
2 Baths
1,240 SqFt
Status Active
MLS # 6675548
Property Type Townhouse
Price Type --
Welcome to this beautifully updated residence featuring two main bedrooms, each with its own ensuite and walk-in closet, ensuring privacy and comfort. The home boasts brand-new flooring and fully remodeled bathrooms. Spacious floor plan includes a large living area perfect for relaxation or entertainment. The kitchen is a chef's delight, equipped with SS appliances, white cabinetry, quartz counters, and backsplash, plus a convenient breakfast bar. Enjoy scenic mountain views from your covered patio, or take advantage of the nearby pool and jacuzzi. Situated in the Raintree Resort Casitas, this home offers a serene oasis feel. Its prime location is close to the 101, shopping, dining, parks, and bike paths, making it a highly desirable find. Don't miss the chance to make this your new home!

1312 E Colter Street Phoenix, AZ 85014

$525,000
3 Beds
2 Baths
1,152 SqFt
Status Active
MLS # 6678436
Property Type Single Family Residence
Price Type --
New Tile Floors with new baseboards! New Countertops! High end stove Ilve Magestic 2. It is both gas and electric. Both bathroom remodeled. New can lights and ceiling fans. Fresh paint inside. The backyard has a workshop with power to it. The location is perfect with plenty of shopping and events close by.

1000 W Whiteley Street Apache Junction, AZ 85120

$525,000
3 Beds
2 Baths
1,249 SqFt
Status Active
MLS # 6681843
Property Type Manufactured Home
Price Type --
LOT SIZE - LOCATION: This is a unique large lot, 2.5 acres just off McKellips and San Marcos. There is a relatively new, 2017 Clayton manufactured home with 3 bedrooms and 2 baths. There are outbuildings on the property as well. There is plenty of space for additional buildings and no HOA. The photos show the property with several aerial shots from different angles. If you are looking for space and no HOA this is an excellent option.

18458 N Red Mountain Way Surprise, AZ 85374

$525,000
2 Beds
2.5 Baths
2,300 SqFt
Status Active
MLS # 6680800
Property Type Single Family Residence
Price Type --
Welcome to your new home in The Grand, an active adult community offering exceptional amenities and a vibrant lifestyle. This residence features the highly sought-after Mission floorplan, combining comfort and open spaces in perfect harmony. Step inside to discover a spacious layout with a primary suite, secondary bedroom with ensuite bathroom, a den, and a powder room. Ideal for hosting guests or relaxing in your own private sanctuary. Both bedrooms feature new carpet. Outside, you'll find a beautifully landscaped yard that is fenced in with a spacious covered patio. The Grand community features restaurants, golf, and an amazing clubhouse with workout facilities and hobby classes, ensuring there's always something to do.

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