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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599 W Reeves Avenue Queen Creek, AZ 85140

$520,000
4 Beds
2 Baths
2,199 SqFt
Status Active
MLS # 6693663
Property Type Single Family Residence
Price Type --
Pride of ownership truly shows in this beautiful 4 bed, 2 bath home located in the highly sought after neighborhood of Ironwood Crossing! The spacious and open split floor plan boasts an oversized great room, large kitchen with upgraded cabinets, huge walk-in pantry, and island w/breakfast bar seating. The oversized owners suite includes a lavish full bath with dual sinks, separate shower/ tub and oversized walk in closet. Neutral tile in living areas, carpet in bedrooms. Relax & entertain family and friends in this backyard oasis. The tandem 3-car garage & shed are great for extra storage. Neighborhood amenities: 20+ parks, 2 pools, splash pad, sand volleyball, disc golf course, basketball, tennis, bocce & pickleball courts, Ramadas w/ BBQ grills & so much more! HOA includes sewer!

1717 E Hale Street Mesa, AZ 85203

$520,000
4 Beds
2 Baths
1,756 SqFt
Status Active
MLS # 6678344
Property Type Single Family Residence
Price Type --
Welcome to your dream home, nestled in the picturesque & highly coveted serene neighborhood of Candlelight Estates. This charming 4-bedroom, 2-bathroom home has been beautifully updated in the kitchen to include plenty of cabinet storage, gleaming granite countertops, stainless steele appliances and durable laminate flooring. The dining/family room area features a completley remodeled gorgeous fireplace. Discover serenity in the privacy of 4 spacious bedrooms offering ample room for rest and rejuvination. The garage has been turned into a great space for a bonus room (Adding 342 SQ FT) that could be used for a family gathering space. The duct work for heating & cooling was extended into this space to ensure everyones comfort making the total liveable sqft 2098. Outside a completley remodled pool awaits and offers endless oppertunities for leisure and entertainment. Whether lounging poolside under the sun or hosting unforgettable gatherings with loved ones, this backyard haven is your personal sanctuary. Located in a peaceful, mature neighborhood, this home offers the perfect blend of seclusion and convenience. Embrace the tranquility of your surroundings while still being just moments away from local amenities and attractions. Don't miss your chance to make your dreams of peaceful living come true.

34038 N Casey Lane San Tan Valley, AZ 85144

$520,000
4 Beds
2.5 Baths
2,950 SqFt
Status Active
MLS # 6698631
Property Type Single Family Residence
Price Type --
This home has so many EXTRAS! Located right next to a community greenbelt, you'll enjoy your beautiful pool and spa even more with the additional privacy! Plenty of space with TWO office/den/craft rooms downstairs, formal dining room plus a loft upstairs! HUGE laundry and utility room upstairs, plus plenty of storage throughout. Built in 2020, this home has been well-maintained and upgraded with beautiful shutters and design features. This north-facing home has mountain views and is close to everything the Southeast Valley has to offer...don't miss out on this dream home!

914 W Crooked Stick Drive Casa Grande, AZ 85122

$520,000 - 3Br/2Ba -  for Sale in Casa Grande Links, Casa Grande
Open House
$520,000
3 Beds
2 Baths
2,343 SqFt
Status Active
MLS # 6671419
Property Type Single Family Residence
Price Type --
Welcome to this beautiful 2x6 constructed 2,342 square foot 3-car extended garages with OWNED Solar nestled perfectly on the 2nd fairway of Dave White Regional Golf Course. Discover tile flooring throughout, accompanied by vaulted ceilings that create an airy and inviting atmosphere. The home is pre-wired for surround sound, perfect for movie nights or immersive music experiences. The spacious living room, with a cozy gas fireplace and unique wall niches, is ideal for relaxation and entertainment. Entertain guests in the formal dining area or enjoy casual meals in the family room. The kitchen is a chef's dream, showcasing rich wood cabinets with double pull out shelves, lazy susan, high-quality built-in appliances, WilsonArt earthstone counter tops, and a center island with a breakfast bar for quick meals. Retreat to the expansive main bedroom, offering a tranquil sitting area bay window and an ensuite with dual vanities and a large walk-in closet. All bedrooms have walk-in closets, tech center desk, full wall of cupboard in hallway and so much more. Step outside and fall in with the extended patio, lush green grass, hot tub and take in the incredible golf course and mountain view.

18606 N 21st Street Phoenix, AZ 85024

$520,000 - 3Br/2Ba -  for Sale in Mountain Rose Unit 1, Phoenix
Open House
$520,000
3 Beds
2 Baths
1,614 SqFt
Status Active
MLS # 6692393
Property Type Single Family Residence
Price Type --
This exquisite three-bedroom, two-bathroom residence is perfectly positioned in the sought-after 85024 zip code just minutes from the 101 freeway, just a stone's throw from Buffalo Ridge Park and North Canyon High School. Recently, the home has received extensive updates that enhance both its functionality and visual appeal. Key improvements include the installation of new granite countertops and a security screen door, which elevate the home's elegance and security. The property has also been fitted with six brand-new windows and pre-wiring for an ADT security system, providing ample natural light and added security. Furthermore, all three bedrooms have been updated with brand-new luxury vinyl flooring, offering a contemporary and resilient finish. Additional upgrades include new pool filter piping and sand, along with a brand-new creepy crawler vacuum complete with a new hose, making the pool area a highlight for relaxation and entertainment. The kitchen has been modernized with a new dishwasher and an electric range oven stovetop, ideal for culinary activities and social gatherings. The master bathroom has undergone a stylish renovation that contributes to the home's luxurious ambiance. The residence now also boasts 13 inches of newly blown insulation, significantly enhancing energy efficiency and comfort.Other noteworthy enhancements include a new HVAC system, smoke detectors, and a modern timer for the drip system. A newly installed pocket door in the pantry adds a touch of sophistication. The well-maintained backyard, featuring a renovated patio and invigorating pool, provides a peaceful retreat. This home is a compelling blend of comfort, convenience, and modern upgrades, making it a must-see property. No short term rental restrictions according to the HOA!

172 W Galveston Street Chandler, AZ 85225

$520,000 - 4Br/3Ba -  for Sale in Sunland Estates, Chandler
Open House
$520,000
4 Beds
3 Baths
1,703 SqFt
Status Active
MLS # 6679182
Property Type Single Family Residence
Price Type --
Welcome home to this charming property with a center island in the kitchen, perfect for preparing meals and entertaining. The nice backsplash in the kitchen adds a modern touch to the space. Other rooms provide flexible living space to suit your needs. The primary bathroom features double sinks and good under-sink storage. Step outside to the fenced backyard with a covered sitting area, ideal for enjoying the outdoors in comfort. Don't miss out on this wonderful opportunity to make this house your home!

9509 E Pampa Avenue Mesa, AZ 85212

$519,999
4 Beds
2 Baths
1,772 SqFt
Status Active
MLS # 6690301
Property Type Single Family Residence
Price Type --
Don't miss the opportunity to purchase this beautiful home in the rapidly growing Mesa location! Drive up and notice the pleasing curb appeal with gorgeously maintained landscaping. The interior boasts modern upgrades including granite counters, custom flooring and a large walk-in pantry. Beat the summer heat in the cool pool and spacious backyard! Backyard includes spa, garden bed and storage unit. Home is located on a corner lot for extra privacy! Quick and easy access to US 60, San Tan 202 and SR 24! Priced to sell and will not last long!

119 S Forest -- Mesa, AZ 85204

$519,999
4 Beds
2 Baths
2,067 SqFt
Status Active
MLS # 6685689
Property Type Single Family Residence
Price Type --
Welcome to your new home! This home has been updated and boasts a beautiful suburban feel with extra space in all the right places. No neighbors behind you, as the home backs up to a church. The home provides a ton of natural light exposure and a comforting feel throughout. Kitchen has gorgeous natural wood style cabinets, an island for extra prep space and plenty of storage. Spacious rooms with 1 of them providing private backyard access. The oversized backyard provides a tranquil atmosphere with an extended covered patio and crystal blue pool. Perfect space for toys, pets, gatherings, BBQ and furniture. Shed has flooring, insulation and power. *MUST SEE*

1384 S Apollo Court Chandler, AZ 85286

$519,999
3 Beds
2 Baths
1,963 SqFt
Status Active
MLS # 6684601
Property Type Single Family Residence
Price Type --
Come take a look at this amazing property located in the heart of Chandler AZ. This property has vaulted ceilings, a beautiful wood burning fireplace, all while sitting on a Larger cul-de-sac lot. There are security doors on both the front and the backyard doors to allow a nice fresh breeze in while having added security. The Master bedroom has a walk in closet, double sinks, a separate tub and beautifully updated tile shower with its own private exit to a large backyard. The kitchen has been updated with all stainless steel appliances as well as a tile back splash and a spacious pantry. Dont wait, come today and take a look!

30326 W Columbus Avenue Buckeye, AZ 85396

$519,999
4 Beds
3 Baths
2,579 SqFt
Status Active
MLS # 6685318
Property Type Single Family Residence
Price Type --
Welcome to your very own backyard paradise! This stunning property boasts a modern square pool surrounded by travertine, beautifully placed pavers, built in BBQ, and complete with a charming gas fireplace! Enjoy those cozy evenings under the stars in Tartesso either laying on the turf, under the covered patio, or even from the HEATED pool. Inside, you'll be captivated by the charming interior featuring wood-look tile flooring, elegant ceiling fans, MASSIVE kitchen island, and inviting living spaces. The family room seamlessly connects to the outdoor patio through an accordion style sliding glass doors, allowing for easy indoor-outdoor living. The custom details like barn doors in the DEN, accent walls and remodeled master bathrooms make this house feel HOME!

15131 W Cooperstown Way Surprise, AZ 85374

$519,999
2 Beds
2 Baths
2,167 SqFt
Status Active
MLS # 6690890
Property Type Single Family Residence
Price Type --
Beautiful renovated home in an amazing community. Bamboo flooring throughout the home. Awesome granite countertops in the kitchen and bathrooms. Stone backsplash providing a luxury status to where you will spend most of your time eating and cooking. Bathrooms are set in the future with upgraded touch screen mirrors and large tile covering the floor and shower walls. The house is next to an incredible park and close to shopping centers.

18809 W Clinton Street Surprise, AZ 85388

$519,999
3 Beds
2.5 Baths
2,662 SqFt
Status Active
MLS # 6691819
Property Type Single Family Residence
Price Type --
Beautiful energy-efficient home in Zanjero Trails. Displaying a 2-car garage, cozy front porch, RV gate, & a low-care landscape. Discover a versatile den just off the front entry! Natural light filled the interior, complemented by designer paint, recessed lighting, & wood-look laminate flooring downstairs. The inviting great room features a fireplace & media center! The kitchen boasts built-in appliances, white shaker cabinetry, granite counters, a walk-in pantry, & an island w/breakfast bar. Plush carpet enhances the loft & bedrooms upstairs! Main bedroom has an ensuite with dual sinks, separate tub/shower, & a walk-in closet. Check out the large backyard w/covered patio, artificial turf, & well-laid pavers! Solar panels w/ assumable loan.

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