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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13867 N 159th Drive Surprise, AZ 85379

$515,000
5 Beds
3 Baths
2,583 SqFt
Status Active
MLS # 6662699
Property Type Single Family Residence
Price Type --
This home has so much to offer, the floor plan is so spacious; 5 Bedrooms with 3 full bathrooms + a den/office; Very large Master bedroom (upstairs);Large Master bathroom has double sinks, vanity and separate shower and jet tub, with a walk in closet; 3 more large bedrooms upstairs with a full Hall bathroom;1 bedroom and a full bathroom downstairs; Granite counter tops in the kitchen;Ceiling Fans in all the rooms;Both AC units replaced within the last 5 years;Newer water heater & Pool Pump; Cul-da-sac lot;Oversized pie shaped lot;Fenced Play pool with lots of pool deck;Beehive Gas fireplace with gathering area to enjoy the outdoors both in winter and Summer;Close to the 303; shopping and Restaurants

840 Alpha Lane Prescott, AZ 86303

$515,000
2 Beds
2 Baths
1,656 SqFt
Status Active
MLS # 6667210
Property Type Townhouse
Price Type --
RARE OPPORTUNITY TO OWN A SINGLE LEVEL TOWNHOUSE IN THE PINES. 1.1 MILE TO DOWNTOWN PRESCOTT AND ALL THE FUN ACTIVITIES WITHIN WALKING DISTANCE. LOW HOA, $30.00 A MONTH! THIS HOME WOULD MAKE A PERFECT SECOND HOME TO ESCAPE THE HEAT OR EASY FULL TIME LOW MAINTENANCE RESIDENCE. 2 SPACIOUS BEDROOMS. 2 BATHROOMS. 2 CAR GARAGE. LEVEL PAVER DRIVEWAY. OPEN CONCEPT LIVING, WITH A FLOORPLAN THAT JUST FLOWS. FOREST VIEWS OFF THE LIVING AND DINING AREA. ENJOY SITTING ON YOUR BACK DECK AND TAKE IN THE SIGHTS AND SOUNDS OF NATURE. YOU ARE SO CLOSE TO EVERTHING PRESCOTT BUT FEEL SO PRIVATE AND ONE WITH NATURE.

4609 E Ardmore Road Phoenix, AZ 85044

$515,000
3 Beds
2 Baths
1,596 SqFt
Status Active
MLS # 6666617
Property Type Townhouse
Price Type --
Beautiful mountain views surround this charming three bedroom, two bathroom single story townhouse. The kitchen has been updated with newer cabinets, hard surface counters, and upgraded appliances. Hard surface flooring covers all of the common areas. So many rooms to entertain in this home, with a beehive fireplace in the main room, that flows into the oversized backyard. The former pool has been covered to extend the patio space farther. Newer windows,, newer AC, and owned solar panels make this home an energy efficient dream. Perfect for lock and leave, or year-round living, the home includes a two car garage. Fresh and clean and move in ready. Minutes to freeway, shopping, airport, and downtown.

8537 E Natal Circle Mesa, AZ 85209

$515,000
3 Beds
2 Baths
2,267 SqFt
Status Active
MLS # 6675592
Property Type Single Family Residence
Price Type --
This Pulte-built former model home has 3 bd, 2 ba, a fully enclosed AZ Room & a 2+ CG. This 1-story, split floor plan home has some nice extras and is ready for its New Owner! It is a must see! The AZ Room and Garage both have Neo Plasma Split AC units to cool them efficiently. Eye catching curb appeal with a Flag Stone walkway, front porch entry area and easy to maintain desert landscaping. The decorative Security Door leads into the dream home with Plantation Shutters & Tile throughout. The formal dining room and Great room offer all the space you need for entertaining. The spacious kitchen has a huge island, pantry, and breakfast bar/area. Your master suite has a wonderful 4ft. deep bay window, separate tub & beautiful, upgraded shower (2023).

10822 N 33rd Place Phoenix, AZ 85028

$515,000
3 Beds
2 Baths
1,884 SqFt
Status Active
MLS # 6677325
Property Type Single Family Residence
Price Type --
Brand new roof!!! Experience comfort & convenience in this incredible single-story home! Situated on a premium corner lot, this gem offers a 2-car garage, a gated courtyard, & a desert front yard w/trees. You'll love the spacious living areas adorned with vaulted ceilings, stylish new tile flooring, a cozy fireplace, & multi-sliders to the back patio. The kitchen has SS appliances, granite counters, rich wood cabinetry, a pantry, & a breakfast room. The main suite features a sitting area w/a bay window, new plush carpeting, & a spa-like bathroom w/dual sinks & a step-in glass shower. Enjoy the dreamy mountain views from the large backyard, complete with a covered patio, seating area w/a fire pit, & pavers. New roof, garage door opener, flooring and paint! No HOA!

5550 N 16th Street Phoenix, AZ 85016

$515,000
2 Beds
2 Baths
1,063 SqFt
Status Active
MLS # 6681958
Property Type Townhouse
Price Type --
This beautifully renovated townhouse/condo featuring all new flooring, kitchen, and bathrooms is surrounded by the best dining and retail establishments. Get outside and enjoy the city parks and hiking trails, as well as golf courses nearby. Directly across the street are the Madison School District and the Art Center. There is no better position than this one—easy access to the 51! Two en suite bedrooms in a split bedroom layout. There are BBQs and a heated pool/spa available as community amenities. There is a two-car direct-entry garage at the house. Ideally situated for quick access to the airport, downtown Phoenix, and the affluent Biltmore neighborhood with luxury restaurants & stores.

19819 W Buchanan Street Buckeye, AZ 85326

$515,000
4 Beds
3 Baths
2,170 SqFt
Status Active
MLS # 6687116
Property Type Single Family Residence
Price Type --
Finished immaculate single story 4 bed 3 bath home in the beautiful neighborhood of Blue Horizons! Large entry hall and 9 foot ceiling invite you into spacious white kitchen with country charm and unique subway tile backsplash, and a large island with breakfast bar. Solar, fully landscaped yard with heat-treated patio surface and a sparkling large play pool! Master is a tranquil retreat spa-like master bath and walk in shower with separate his/her sinks. Plenty of room in the secondary bedrooms for a large family or private den/craft room and guest rooms with separate bathrooms for each. In-wall doggie door and fenced off dog run with real grass, pavers in the right places. Bring your furniture and suitcases a must see!!

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.

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