No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!

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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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

21472 N Elba Road Maricopa, AZ 85138

$517,995

4 Beds

3.5 Baths

2,500 SqFt

Status Active

MLS # 6666354

Property Type Single Family Residence

Price Type --

The ranch-style Cassandra plan showcases an open layout with a great room, a breakfast nook and a large kitchen that's ready to enjoy. The owner's suite is adjacent, and boasts a generous walk-in closet and an attached bath. Two additional bedrooms flank a full bath upon entry, and the nearby fourth bedroom and third bathroom give you all the space and comfort you'll need.

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10313 S 55th Drive Laveen, AZ 85339

$517,990

4 Beds

3.5 Baths

3,020 SqFt

Status Active

MLS # 6679322

Property Type Single Family Residence

Price Type --

Just over 3000 sq ft, this floorplan has It all! 4 bedrooms, 3.5 baths, a den downstairs, and a loft upstairs with a 3 car tandem garage. This home offers so much space and a beautiful open concept. The outside has a Spanish exterior with a desert landscape. You walk into an open space with plank tile throughout. There is a separate carpeted den area to be utilized as needed. The open concept living, kitchen, and dining area downstairs is great for entertaining. The 2 panel sliding glass door that leads you to your outdoor patio that can provide an indoor/outdoor living space with a large backyard area on an oversized homesite with a covered patio. This home features our Artisan Essential design palette which includes white quartz kitchen counter tops with white painted cabinets.

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16624 E Gunsight Drive Fountain Hills, AZ 85268

$517,900

3 Beds

2.5 Baths

1,957 SqFt

Status Active

MLS # 6605861

Property Type Townhouse

Price Type --

GREAT NEW PRICE!! One of a kind property you won't want to miss! Recently refreshed/Great location & views w/e-z walk to Fountain, shops, & restaurants. A rare opportunity to own this private, spacious end unit w/nearly 2000 sq ft & large 2-car garage w/storage. Main-level master en suite, large great rm w/vaulted ceilings & beehive fireplace, 1/2 bath on main level, nice kitchen w/pantry & SS appliances (fridge & W/D new in 2022), & full laundry rm off kitchen. Upstairs, 2 beds, full bath & two large balconies. 3 great outdoor spaces in total for this unit provides views of Four Peaks, Fountain, and Red Rock to enjoy AZ sunsets all around! Plus huge pet-friendly, fully enclosed outdoor yard & common area w/pool & spa. Possible temp. RV parking next to unit. Ready for immediate occupancy.

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5029 N 83rd Street Scottsdale, AZ 85250

$517,900

2 Beds

2 Baths

1,896 SqFt

Status Active

MLS # 6684424

Property Type Townhouse

Price Type --

Fully upgraded beauty in heart of Scottsdale. Minutes from Fashion Square Mall is sitting this gorgeous oversized townhouse with 2 bedrooms, 2 baths. Remodeled designer home to be yours now.

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20073 N Organ Pipe Drive Surprise, AZ 85374

$517,500

2 Beds

2 Baths

1,894 SqFt

Status Active

MLS # 6686999

Property Type Single Family Residence

Price Type --

Beautiful Borgata on the Tees of the 13 hole of North. 3 car garage, huge private backyard. Very well maintained home with 2 bedrooms and a large den. The back patio is extended with a fountain, home also has a front courtyard for added outdoor living.

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1650 E Ponderosa Parkway Flagstaff, AZ 86001

$517,485

2 Beds

2 Baths

1,220 SqFt

Status Active

MLS # 6634222

Property Type Apartment

Price Type --

POPULAR 2-bedroom on 2nd floor. Ponderosa Parkway is located close to downtown and NAU. The Urban Trail system will take you all over Flagstaff on foot or bike in minutes! FIRST RESPONDERS & MILITARY receive additional incentives! Call for your private tour today! Visit our Sales office/Model Home in Bldg. 3, Unit 111

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4 Walking Cane Ranch Road Flagstaff, AZ 86004

$517,350

3 Beds

2 Baths

1,456 SqFt

Status Active

MLS # 6672920

Property Type Single Family Residence

Price Type --

This quiet property includes 40 acres of fully fenced pinon-juniper land a number of miles northeast of Winona, AZ. Reached by a country road, here is comfortable off-grid living! The primary residence has 3 bedrooms, 2 full baths, and includes two full-length porches overlooking the San Francisco Peaks and other nearby mountains on one side and the Little Colorado River Valley and Painted Desert on the other. Inside, an alcove can be customized as desired. An efficient wood-burning stove keeps the whole house comfortable on brisk, high-desert nights, while, if ever needed, a thermostatically-controlled, forced-air propane furnace provides backup heating. The kitchen and utility room include all appliances. Vinyl flooring in the kitchen, pantry, utility, and bathrooms gives way to carpet throughout the rest of the house. The split floor-plan provides privacy, while two of three of the bedrooms have walk-in closets for storage, including the master unit, whose bathroom includes a double vanity. Across the driveway, a 40'x50' Quonset hut can hold six vehicles with enough room for a workshop, firewood storage, etc. You'll have two underground water cisterns, one with a 7,500-gallon capacity for hauled water to be used in the house and another with 10,000-gallons of rain catchment pumped by the automatic watering system to irrigate the surrounding trees. A final, but perhaps most important, feature of the property is the robust solar electricity system. You'll enjoy glimpses of a wide variety of wildlife, and furthermore, cultural landmarks of the Sinagua people.

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18450 W Villa Hermosa Lane Surprise, AZ 85387

$517,247

5 Beds

4 Baths

2,868 SqFt

Status Active

MLS # 6687002

Property Type Single Family Residence

Price Type --

Completed New Build Home. Below Market Interest Rate Financing Available. 5 Bedrooms, 4 Baths, Study, & Loft, 3 Car Garage with 8ft Garage Door. VERY Open Floor Plan. GOURMET Kitchen with Island and walk in Pantry. Tile throughout, carpet in bedrooms only. Patio on back of home. This home is located in North Copper Canyon that offers a community pool and many other amenities.

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29343 N 136th Lane Peoria, AZ 85383

Open House

$517,186

3 Beds

3 Baths

1,842 SqFt

Status Active

MLS # 6664139

Property Type Single Family Residence

Price Type --

This quick move-in home is ready now at Sereno. This property is loaded full of options such as a kitchen with stainless steel appliances, 8 ft. doors, upgraded tile floors, and much more. Sereno features beautiful natural desert and walking trails. Please stop in the sales office to view.

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6134 W Orchid Lane Glendale, AZ 85302

$517,000

5 Beds

2.5 Baths

2,773 SqFt

Status Active

MLS # 6671564

Property Type Single Family Residence

Price Type --

A must see! Big beautiful home with 5 spacious bedrooms and 2 3/4 bathrooms with a huge loft upstairs, large kitchen island, kitchen backsplash, and a meticulously maintained backyard that is perfect for entertaining.

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11477 W Deanne Drive Youngtown, AZ 85363

$516,900

5 Beds

3 Baths

2,486 SqFt

Status Active

MLS # 6677095

Property Type Single Family Residence

Price Type --

Two-story, 5 bedroom and 3 bathroom home that is sure to be the home of your dreams! The Thatcher plan showcases a fully fenced backyard, covered front porch and covered back patio, as well as front yard landscaping. The chef-ready kitchen comes complete with a large kitchen island, expansive granite countertops, and stainless steel appliances. Also located on the first floor is a large family room, formal dining room, and private guest room. Upstairs, the luxurious master suite includes an impressive walk-in closet. Also included on the second floor are 3 more spacious bedrooms, a full bath with double sinks and a large loft. Enjoy the view of the White Tank Mountains from your NEW home! Features cultured stone on front of home.

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5313 W Notch Hill Road Laveen, AZ 85339

$516,875

4 Beds

3 Baths

2,146 SqFt

Status Active

MLS # 6655298

Property Type Single Family Residence

Price Type --

Up to 3% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6655298 REPRESENTATIVE PHOTOS ADDED. April Completion! THe Sterling at Tierra Montana Encore. This expansive one-story residence starts with a charming front porch entry. The foyer welcomes guests with its bright and airy ambiance, and just steps away is a spacious guest bedroom adorned with large windows and a nearby full bathroom. Moving beyond the foyer, you'll be delighted by the open-concept kitchen, showcasing 42'' upper cabinetry, quartz countertops, an island, and a dining room that seamlessly flows into the great room, offering a stunning view of the covered patio. Two secondary bedrooms share a bath conveniently located across the hall from the dining area. The owner's suite is tucked in the back of the home, just across the hall from the convenient laundry room. Within walking distance to K-8 school. Tierra Montana is nestled near South Mountain and the Estrella Mountains with close proximity to Loop 202.

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