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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2511 W Queen Creek Road Chandler, AZ 85248

$515,000
2 Beds
2 Baths
1,346 SqFt
Status Active
MLS # 6693596
Property Type Apartment
Price Type --
This condominium combines luxury living with convenience, offering a sophisticated lifestyle with easy access to work, leisure, and everyday needs. It's ideal for professionals looking for a balance between work and personal life in a vibrant community setting. Views of city lights and mountains, enhancing the living experience. New carpeting in the main bedroom. Blackout drapes and drapery rods in the main bedroom for privacy and light control. Custom paint in various parts of the unit including the kitchen, entry, main bedroom and bath, and guest bath. Light filtering drapes in the living room that allow natural light while providing privacy. Custom California Closets in both the main and guest bedrooms for optimized storage. Pull-out shelves in kitchen cabinets and a dual garbage can pull-out system for convenience. Newly installed stacked LG Washer & Dryer in the laundry closet, creating additional shelf space. Water softener and water filtration system at the kitchen sink connected to the ice maker in the refrigerator for clean, purified water. Walk-in pantry for ample food storage. Low maintenance LVP flooring that is durable and easy to clean. Two (2) parking spaces with storage cage for additional security or storage. This extensive list of features clearly positions the property as a luxurious and convenient choice for prospective buyers offering comfort, efficiency, and stunning views in a prime location. Proximity to Dining and Entertainment: The ability to walk to nearby restaurants, entertainment venues, and a farmer's market enhances the living experience by providing leisure and shopping options right at your doorstep. Located close to significant tech companies like Intel and Northrop Grumman, and within the Price technology corridor, which could be particularly attractive to professionals working within these sectors. This condominium combines luxury living with convenience, offering a sophisticated lifestyle with easy access to work, leisure, and everyday needs. It's ideal for professionals looking for a balance between work and personal life in a vibrant community setting.

43250 W Askew Drive Maricopa, AZ 85138

$515,000 - 4Br/2Ba -  for Sale in Parcel 9 Of The Villages At Rancho El Dorado, Maricopa
Open House
$515,000
4 Beds
2 Baths
2,474 SqFt
Status Active
MLS # 6676946
Property Type Single Family Residence
Price Type --
Picturesque single story home in Rancho El Dorado! This sprawling 4 bedroom 2 bath home offers everything you could ask for in luxury resort, desert living!! Granite countertops, engineered hardwood floors, 42'' maple cabinets, spacious closets, vaulted ceilings, the list goes on and on. Exquisite backyard offers relaxation or space for entertaining, pool refurbished in 2021 including new rebar, pebble tech and water line tile and autofill. Hot tub has 2 year old circuit board and motor. Complete HVAC system newly installed 2024.

3935 E Rough Rider Road Phoenix, AZ 85050

$515,000 - 2Br/2Ba -  for Sale in Villages At Aviano Condominium, Phoenix
Open House
New
$515,000
2 Beds
2 Baths
1,386 SqFt
Status Active
MLS # 6695950
Property Type Townhouse
Price Type --
Located in the heart of Desert Ridge, this ground floor single story 2 Bed 2 Bath condo is beautifully situated in the prestigious gated community, Villages at Aviano. As you walk in to this immaculately kept home you will notice the open floor plan perfect for entertaining guests. This alluring home features a neutral palate, antique white kitchen cabinets, an abundance of granite counter space, travertine flooring, high ceilings with lots of light flooding in. Over 16k in recent additions (see list in documents) which includes high end security screen and gate, new window blinds throughout, epoxy in garage, carpet and light fixtures and more. Perfect for both seasonal enjoyment or as a primary home, Aviano community club house has so much to offer such as a resort style pool, work out facility, tennis and pickle ball courts, and professionally run community activities. In addition, The Villages has its own private pool for you to relax at located right across the street from the condo. Additional attractions include Desert Ridge Marketplace and High Street with so many entertainment, shopping and dining options all just minutes away! Major highways, 101 and 51, lead you to the airport in less than 30 min.

7709 N 18th Avenue Phoenix, AZ 85021

$515,000 - 3Br/2Ba -  for Sale in Bristol Court, Phoenix
Open House
$515,000
3 Beds
2 Baths
1,349 SqFt
Status Active
MLS # 6687048
Property Type Single Family Residence
Price Type --
Welcome home to this charming property that boasts a cozy fireplace, a soothing natural color palette, and a spacious center island in the kitchen. You'll love the nice backsplash in the kitchen, and the other rooms offer flexible living space to suit your needs. The primary bathroom features good under sink storage, and the fenced in backyard is perfect for privacy. Enjoy the private in ground pool and covered sitting area in the backyard, ideal for outdoor entertaining. With fresh interior paint and new flooring throughout the home. Don't miss out on this wonderful opportunity!

1963 E Villa Theresa Drive Phoenix, AZ 85022

$514,999
4 Beds
2.5 Baths
2,039 SqFt
Status Active
MLS # 6687314
Property Type Single Family Residence
Price Type --
This awesome Cul De Sac home has 4 bedroom - 2 ½ baths, just minutes from the 51, 17 and 101 freeways. This home has a vaulted ceiling in the Great room flowing into the Kitchen with Granite Counters and Breakfast bar. Remodeled ½ bath downstairs for you guest to use. The Backyard is a well groomed space with a built in BBQ area and wide paved area on the side for seating. All appliance are a year old and stay with the house. Under stair storage was converted to a pantry. Updated in 2018, 14 SEER Variable Speed Trane HVAC system, Rheem smart water heater, and Lux Geo smart thermostat. Security system installed but not monitored. Garage door and dual spring set up new 2 years ago.

40363 W Wade Drive Maricopa, AZ 85138

$514,995
5 Beds
3 Baths
3,030 SqFt
Status Active
MLS # 6693668
Property Type Single Family Residence
Price Type --
The Main floor of the inviting Ammolite plan offers a great room and well appointed kitchen with center island and roomy pantry. Upstairs, discover a central loft, a laundry and three secondary bedrooms with a shared bath. A lavish primary suite boasts an expansive walk-in closet and private bath rounds out the floor. You'll love the professionally curated fixtures and finishes selected by our design team.

19545 W Jamestown Road Buckeye, AZ 85396

$514,995
3 Beds
2.5 Baths
2,400 SqFt
Status Active
MLS # 6686572
Property Type Single Family Residence
Price Type --
Lot 84 is the Celeste 3 Bedroom, 2.5 Bathroom, 3 Car Garage

19555 W Jamestown Road Buckeye, AZ 85396

$514,995
4 Beds
3 Baths
2,570 SqFt
Status Active
MLS # 6686620
Property Type Single Family Residence
Price Type --
This home is a Celeste 4 Bedroom + Study, 3 Bathroom, 2 Car Garage

17354 W Columbine Drive Surprise, AZ 85388

$514,990
4 Beds
2.5 Baths
2,142 SqFt
Status Active
MLS # 6692756
Property Type Single Family Residence
Price Type --
Very spacious Castellano with 4 bedrooms + flex space, 2.5 baths and 3 car tandem garage. Tahoe Maple Painted ''Boulder - gray'' cabinets throughout this beautiful home with AZT Hana Sky quartz countertops at the kitchen and at the enhanced kitchen island. Undermount single bowl stainless steel sink. Gas range, dishwasher and microwave. 8' interior doors. Flooring includes 5'' baseboards and 3 1/4'' door casings throughout. DT Broxburn Gray 6x24 plank tile in all areas of the home except bedrooms and closets. Dual sinks at bath 2. Interior two tone paint ''Whiskers''. 8' tall garage door for those high profile vehicles, opener with two remotes and a garage service door. Estimating a summer completion.

12114 W Marguerite Avenue Avondale, AZ 85323

$514,990
3 Beds
2 Baths
1,985 SqFt
Status Active
MLS # 6646000
Property Type Single Family Residence
Price Type --
PACK YOUR BAGS... It's our popular Belize. 12x8 sliding glass door that leads out to your extended covered patio. Walk in shower at owner's bath. Gas appliance package including a cooktop. Kinsdale painted - Linen cabinets with rollouts at pantry and pullout trash drawer with two bins. Soft close doors and drawers in the kitchen. Quartz ''Concrete Gray'' countertops in the kitchen and at the enhanced kitchen island. Flooring includes 6x36 Magnolia Bend tile in all areas of the home except bedrooms & closets.16 SEER rated gas A/C unit and so much more. Seller to write contract. Verify all information with onsite agent.

12057 W Ashby Drive Peoria, AZ 85383

$514,990
4 Beds
2.5 Baths
2,160 SqFt
Status Active
MLS # 6670687
Property Type Single Family Residence
Price Type --
Vibrant Vistancia Village Home Now on Market! This tremendously popular floorplan is situated on a larger corner lot in the high-demand master-planned community as well as the very popular 85383 ZIP code, giving access to the lifestyle sought in the greater north Valley of the Sun! From indoor & outdoor living as well as access to shopping, dining, education & other amenities, this home cannot be beat. The forward-thinking versatile layout is great for a first-time owner or move-down or even a seasonal lock & leave home as the dual living areas allow for room to spread out while still feeling connected! All appliances convey, plus durable finishes plus upgraded master bath & new carpet in living areas & master suite round out the upgrades for this gem - come & see!

1358 E Joseph Way Gilbert, AZ 85295

$514,950 - 3Br/2Ba -  for Sale in Spectrum At Val Vista Parcel 15, Gilbert
Open House
$514,950
3 Beds
2 Baths
1,735 SqFt
Status Active
MLS # 6671319
Property Type Townhouse
Price Type --
Welcome to the Spectrum community at Val Vista! This completely renovated and newly updated two-story home offers a perfect blend of modern amenities and serene surroundings. As you step inside, you'll notice the fresh, new, and clean finishes. The home has been meticulously renovated inside and out! Upstairs, you'll find comfortable bedrooms filled with natural light. Nice new designer ceiling fans snd new carpet. The bathrooms have also been updated with sleek fixtures and framed mirrors. But the beauty of this home doesn't stop at the front door. Step outside into your private backyard. A perfect space for intimate gatherings, or moments of quiet reflection. Whether you're sipping your morning coffee on the patio or enjoying a cozy evening, you'll love the tranquility that surrounds you including a nice water features, artificial turf and mature landscape. There's a lot more in this home like epoxy garage floors, beautiful vinyl wood plank floors and other custom designer features. You owe it to yourself to see this home before it is gone!!

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