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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1080 W Myrna Lane Tempe, AZ 85284

$525,000 - 3Br/2Ba -  for Sale in Sierra Tempe, Tempe
New
$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!!!

6773 W Ridge Road Pine, AZ 85544

$525,000
4 Beds
2 Baths
886 SqFt
Status Active
MLS # 6705721
Property Type Single Family Residence
Price Type --
Come see your next cabin in the woods, This nice three bedroom 2 bath home, has Beautiful large windows in the great room, new interior paint, nestled in the tall Pines, on a large lot, a little TLC in this home will be a beautiful place to vacation to or call home. Open kitchen with island stainless steel appliances. More interior pictures to follow currently being painted.

13695 W Jesse Red Drive Peoria, AZ 85383

$525,000 - 3Br/2Ba -  for Sale in Vistancia Village A Parcel G3, Peoria
New
$525,000
3 Beds
2 Baths
1,874 SqFt
Status Active
MLS # 6706720
Property Type Single Family Residence
Price Type --
Discover this beautiful 3 bed, 2 bath home situated on a spacious corner lot in the highly sought-after Vistancia community. This home features a split floor plan with neutral paint throughout, providing a fresh and welcoming ambiance. Tile in high-traffic areas ensures durability and easy maintenance, while the bedrooms are carpeted for added comfort, including new carpet installed in October 2022 in the primary bedroom and a secondary bedroom. Primary bedroom offers generous closet space. Natural light floods the home, complemented by new ceiling fans (2024) in every bedroom to keep you cool year-round. Plus, enjoy the comfort and efficiency of a brand-new A/C unit installed in 2023. The versatile formal dining room can easily be transformed into a large den, playroom, library, or fitness area, offering flexibility to suit your needs. This room also features a new chandelier (2024), adding a touch of elegance. The kitchen is a delight, complete with granite countertops, cabinets with crown molding, stainless steel appliances, a wall oven, a pantry, an island with a breakfast bar, new pendant lighting (2024), and recessed lighting. A new water softener was installed in January 2022. Outside, you'll find a large yard with beautiful landscaping, including brand new turf just installed in the backyard (2024), perfect for hosting summer BBQs. There is also a side patio, ideal for entertaining or simply enjoying the serene surroundings. Don't miss the opportunity to make this stunning Vistancia home 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!

215 N Hobson -- Mesa, AZ 85203

$525,000
5 Beds
3 Baths
1,935 SqFt
Status Active
MLS # 6705698
Property Type Single Family Residence
Price Type --
Great Investment Opportunity! Two homes for the price of 1 on a huge lot in the center of Mesa's redevelopment zone. Could be for a multigeneration family or an income producer! Zoned Commercial, multi family or could be developed. Primary home has been nicely updated/remodeled and is within walking/biking distance to downtown Mesa & the new ASU MIX Center, Restaurants, Theatres, Light Rail & so much more! Guest home has new paint inside & out. Both homes are currently leased until Jan. 2025.

921 Fairway Drive Show Low, AZ 85901

$525,000 - 3Br/3Ba -  for Sale in Show Low Country Club Estates, Show Low
New
$525,000
3 Beds
2.5 Baths
1,687 SqFt
Status Active
MLS # 6706159
Property Type Single Family Residence
Price Type --
A MUST SEE!! This turn-key home in Show Low Country Club Estates is in amazing condition and ready for a new owner to move right in. Large pine and aspen trees surround the home. The large rear deck overlooking the golf course is made with all-weather composite boards eliminating the need to stain or paint to maintain. It is also big enough to accommodate a large group. This lovely home located right on the Golf Course and includes: two master bedrooms, a large great room, updated kitchen, and a third room that has it's own half bath. This seller is even willing to include all furnishings on a separate bill of sale - so you can move in right away! Buyer/Buyer's Agent to verify ALL facts and figures.

14803 W Buttonwood Drive Sun City West, AZ 85375

$525,000 - 3Br/2Ba -  for Sale in Sun City West 37 Lot 1-346 Tr A-h J, Sun City West
New
$525,000
3 Beds
2 Baths
2,550 SqFt
Status Active
MLS # 6707260
Property Type Single Family Residence
Price Type --
OWNER TO PAY SOLAR IN FULL AT COE for this updated San Simeon model with 2550' of spacious living! 3 bedrooms, 1.75 baths. New tile/baseboards throughout with carpet in bedrooms only. New master shower, lighting upgrades, pull-out shelves in kitchen and master bath. Water treatment system and R/O system are owned. The large laundry room is set up with abundant storage w/ a great craft/hobby area. New interior paint 2024. Enjoy two private outdoor retreats w/ a front courtyard off the master bedroom or the covered back patio with built-in outdoor kitchen. The oversized garage includes a separate golf cart garage. The landscaping system was reworked with new valves, controls and backflow. To add to the mature plantings the mature plantings new landscape rock was just replenished. See full list of improvements to the home in the Documents tab.

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.

161 N Sandal -- Mesa, AZ 85205

$525,000
3 Beds
2.5 Baths
2,414 SqFt
Status Active
MLS # 6694113
Property Type Single Family Residence
Price Type --
You have to check out this beautiful home in Albany Village in the heart of Mesa. The floor plan is one of the largest in the neighborhood, and you feel that when you walk into the open family room and kitchen area. This is a 3 bedroom house, with a den located downstairs, and the bedrooms, laundry room, and a double loft upstairs! You can easily turn this into a 4 or 5 bedroom if you just add a door to the downstairs den, or enclose the one side of the loft! The backyard is low maintenance with pavers and artificial turf so you can just enjoy it without the hassle of trimming trees! The community has a pool, playground, and greenspace for you to enjoy!

16832 W Bristol Lane Surprise, AZ 85374

$525,000
3 Beds
2 Baths
2,166 SqFt
Status Active
MLS # 6701673
Property Type Single Family Residence
Price Type --
Welcome to your new home in the highly sought after community of Bell West Ranch! FULLY PAID OFF SOLAR, SALTWATER HEATED POOL and $11,000 6 PERSON CUSTOM BUILT BULLFROG SPA are just a few reasons this well cared for home sets itself apart from all the rest. Step inside and you'll notice three tone gray palette interior paint, white oak porcelain tile running throughout, updated spacious kitchen with beautiful, white quartz countertops and massive breakfast bar. This immaculate home boasts a split floor plan with both a family area and living room, soaring, vaulted ceilings and a separate den. Both bathrooms have been updated for a sleek modern look. The backyard oasis is perfect for entertaining with a sparkling pool, spa, gazebo, mature palm trees and enclosed 4'x10' dog run. This home has everything you want and more so move quick! *Enjoy the attached video tour! *Choice Home Warranty transferable to new owner through February 2025.

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!

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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