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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11201 N El Mirage Road El Mirage, AZ 85335

$165,000
1 Bed
1.5 Baths
1,100 SqFt
Status Active
MLS # 6634740
Property Type Manufactured Home
Price Type --
Welcome home! Check out this charming single-level manufactured home with carport parking in the 55+ Active Adult Community on a lovely golf course! Get an up-close look inside to find an open floor layout featuring trending palette, wood-look tile flooring, bountiful natural light, and patio access. Prepare delightful meals in the spotless kitchen equipped with sparkling SS appliances, recessed lighting, ample white cabinetry w/crown moulding, ample counter space, a subway tile backsplash, and an island with a breakfast bar. Have a good night's sleep after a hard day's work in the sizable bedroom with a private bathroom. Enjoy peaceful afternoons under the covered patio while drinking your favorite coffee. Excellent location! Minutes away from restaurants, schools, & more. Don't mis

650 N Hawes Road Mesa, AZ 85207

$165,000
2 Beds
2 Baths
1,008 SqFt
Status Active
MLS # 6650947
Property Type Manufactured Home
Price Type --
Video Tour of this home and others Go to YouTube and search: kurtnlisa'sopenhouse Open and Bright Floor Plan. Great Rm Is Open to The Dining Area & Kitchen. Kitchen features a generous number of cabinets, counter space & seating at the bar. Dining Area Has Built in Cabinets for All Your Dining & Bar Needs. All New Upgraded Stainless Appliances! Living Rm W/ Lots of Windows All W/White Wood Blinds. Master BR Is Huge, Ex Lrg. Closet, Bath W/Walk in Shower. Supper Sunny, Super Sized Front South Facing Patio.Storage Shed W/Lots Of Shelfing & Beautifu New Washer & Dryer. Viewpoint A 55+ Community Featuring 2 Golf Courses Golf Cart can be Purchased separately. Viewpoint Is A 55 Plus Community Featuring 2 Golf Courses, 18 Hole as Well As A 9 Hole. 4 Pools, Spas, Tennis, Pickleball, Baseball,

12721 W Greenway Road El Mirage, AZ 85335

$165,000
3 Beds
2 Baths
1,400 SqFt
Status Active
MLS # 6657015
Property Type Manufactured Home
Price Type --
Discover this remodeled 3BR, 2BA mobile home in Rosewood Estates. This split floor plan offers modern living with upgraded finishes throughout. The kitchen is a chef's dream, while the open living area is perfect for relaxation and entertaining. Enjoy a private master suite and two additional bedrooms for versatility. Outside, a spacious patio and well-maintained landscaping provide outdoor bliss. Conveniently located, this home offers easy access to local amenities. Embrace affordable, stylish living & come check it out.

10364 W Deanne Drive Sun City, AZ 85351

$165,000
1 Bed
1 Bath
708 SqFt
Status Active
MLS # 6662358
Property Type Townhouse
Price Type --
Welcome to your next chapter in Sun City, Arizona! This beautifully updated and fully furnished home awaits you. Step inside and be inspired by the updated kitchen, boasting bright and cheery vibes with its fresh white shaker cabinets, under-mount stainless steel single bowl sink, and gleaming new appliances. Enjoy the comfort updated flooring throughout, adding a touch of elegance to every step you take. The bathroom has been tastefully updated, ensuring modern convenience and style. Plus, stay cool and comfortable all summer long with the newer A/C unit. Step outside to your covered patio, where you can relax and unwind in privacy behind the charming privacy wall. Convenience meets luxury with the inclusion of washer and dryer units. With low HOA costs and located in a vibrant 55+ community, this home offers the perfect blend of comfort, style, and affordability. Don't miss out on this opportunity to embrace a new chapter of relaxation and enjoyment in Sun City, Arizona.

713 N Flagstaff Avenue Willcox, AZ 85643

$165,000
3 Beds
1 Bath
1,020 SqFt
Status Active
MLS # 6662824
Property Type Single Family Residence
Price Type --
Charming 1020 sq ft, corner lot home is brimming with potential, waiting for your vision and handiwork. Unlike most, this house is NOT in Flood Zone!!! Renovations are: New Carpet -2024, New AC -2021 and Metal Roof -2019. The home does require cosmetic updates to reach its full glory, But for the right buyer, that's half the fun. FHA 203K and VA As-IS loans will be considered, please NOTE: Seller will not be making any repairs.

13021 N 113th Avenue Youngtown, AZ 85363

$165,000
1 Bed
1 Bath
712 SqFt
Status Active
MLS # 6669514
Property Type Townhouse
Price Type --
Welcome To The 55+ Anasazi Community, End Unit With View Of The Green Space And Sparkling Pool. An Open Floor Plan With Neutral Colors Throughout. Great Covered Patio Is Great For Enjoying Your Morning Coffee Or Visiting Friends While Looking Out Over The Large Green Grass Courtyard & Pool. Make It Your Own Home Or A Great Investment Property. Assigned Parking Spot So No Troublesome Street Parking & Separate Storage...

2054 N Thornton Road Casa Grande, AZ 85122

$165,000
2 Beds
2 Baths
1,500 SqFt
Status Active
MLS # 6669684
Property Type Manufactured Home
Price Type --
Located in a gated active adult community at this updated partially furnished home has 2 large bedrooms & 2 full bathrooms plus an AZ room with NEW windows. Primary bathroom has double sinks & walk in shower. Second bath has tub/shower combo. Laundry room has a ton of storage and washer & dryer included. Kitchen has skylights, granite countertops, island, lots of cabinets & refrigerator is included. NEW upgraded pet friendly flooring in living room/kitchen and dining area. 2 bay windows. No carpet. Custom shades included. Vaulted ceilings making the home feel even larger. Appliances new within last 4 years. Shed for even more storage. Owner had block wall built for privacy & security for pets in large backyard. Located in pet section which doesn't come available often. Home has a TILE roof - not shingles like the others. Carport for two cars. Community is located next to Dave White Golf Course. The community also features a heated pool/spa, pickleball, billiards, shuffleboard, library, and a clubhouse full of activities. This is a MUST SEE!

1892 E Fordney Lane Huachuca City, AZ 85616

$164,900
2 Beds
2 Baths
1,442 SqFt
Status Active
MLS # 6597885
Property Type Manufactured Home
Price Type --
Uniquely amazing! This property was once a goat milk/cheese processing business. Multiple sheds, barns and covered stalls with electric and water for all of your livestock needs. If having animals suits you, then this property is the one! Large milking room. There is a bunkhouse area for possible sleep accommodations. Two large Tuff Sheds with power for storage of those extra things you need. Large circular courtyard which houses many plant growing vessels. This courtyard area is fully fenced and top fenced to keep birds and unwanted pests out. House is 2 bd/2bath and has its own leased solar panels mounted in the yard. So many options - maybe even an AIRBNB! This is a cash only property. Seller may carry with 50% down.

8500 E Southern Avenue Mesa, AZ 85209

$164,750
2 Beds
2 Baths
1,293 SqFt
Status Active
MLS # 6648209
Property Type Manufactured Home
Price Type --
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520 W Clarendon Avenue Phoenix, AZ 85013

$164,500
2 Beds
1 Bath
902 SqFt
Status Active
MLS # 6628433
Property Type Apartment
Price Type --
Move into this rare find, a 2 Bedroom/1 Bath style mid-century modern co-op located in the heart of the city! This 1st floor unit provides ultimate comfort and privacy within the community, with easy access to the pool and clubhouse. Master bath updated to include a walk-in bathtub. and separate shower. Two community clubhouses, laundry facilities, heated pool, gated entry, & covered parking. Enjoy the lush green courtyard and solitude, with proximity to all the downtown amenities. Must be a cash-only purchase. No rentals allowed. Small pets are cats or dog, limit 2 allowed up to 20lbs. Monthly HOA covers plumbing, water heater, air conditioner, electrical maintenance, and property taxes & handyman. HOA COVERS ALL UTILITIES EXCEPT ELECTRIC & GAS.

4750 N Central Avenue Phoenix, AZ 85012

$164,500
1 Bed
1 Bath
702 SqFt
Status Active
MLS # 6640515
Property Type Apartment
Price Type --
Wonderful 3rd floor unit overlooking the Phoenix Skyline. This residence features an open concept floor plan with floor to ceiling windows. Located in the Biltmore area and a short distance from the best restaurants, shopping and golf that Scottsdale has to offer. This historic high-rise offers the best in resort-like amenities, with a pool, spa, fire features, grills, rooftop sky lounge, bike storage, billiard room, private movie theater, fitness center , lounge and under-ground parking. ALL-INCLUSIVE HOA covers AC/Heat, water/sewer/trash & WiFi. Bistro/cafe wine bar located at the lobby level. Whether you're seeking a second, winter home, or will live here year-round, this is your place! Attitudes here are different; there's a sense of community.

7750 E Broadway Road Mesa, AZ 85208

$164,000
1 Bed
1.5 Baths
775 SqFt
Status Active
MLS # 6648264
Property Type Manufactured Home
Price Type --
55+ Active Adult Community where you OWN your land! Very nice home that has a carpeted front living-room w/dining area, & the popular u-shape kitchen. Full bath & a nicely painted bedroom. Then head into a large ground-level Arizona room w/gorgeous vinyl wood flooring, 1/2 bath, stacked w/d and access to the outside. Newer shingle roof in 2017 on the park model. Community features include tennis, heated spa & heated swimming pool, pickleball, billiards, bocce ball, shuffleboard, exercise room, woodshed, crafts, lapidary/silversmithing, library, quilting and SO MUCH MORE!! Give me a call to see this one soon!

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