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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20060 W Palo Verde Drive Litchfield Park, AZ 85340

$514,990
5 Beds
4.5 Baths
3,131 SqFt
Status Active
MLS # 6700152
Property Type Single Family Residence
Price Type --
Come experience this Beautiful BRAND NEW Home in a highly desirable West Valley location. Prime Lot backing State Trust Land with Stunning Views of the White Tank Mountains! Featuring countless upgrades such as 9' ceilings, Shaw tile flooring, Granite countertops in the kitchen. Whirlpool Stainless steel appliances including the refrigerator. White Shaker cabinets. Energy-efficient features throughout, programmable thermostat, gas water heater, gas range, Whirlpool washer & dryer. Spacious walk-in closet in primary suite. Front yard landscaping, covered patio in the backyard. Spectacular Mountain Views! Minutes from Verrado in a master-planned community featuring walking trails, greenbelts, neighborhood park with playground, soccer field, and volleyball court. Conveniently located near the I-10 and 303, top-rated schools, shopping, and dining!

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!

31033 N 251st Avenue Wittmann, AZ 85361

$514,900
4 Beds
2 Baths
1,850 SqFt
Status Active
MLS # 6699999
Property Type Single Family Residence
Price Type --
Welcome to your stunning newly built home on 1 acre ranch with beautiful surrounding mountain views! New homes built near the home and throughout Wittmann. Enter the home into a sizeable grand room with dining area and kitchen. Wood plank-like tiling throughout the home with ceiling fans in the great room and all bedrooms. Kitchen has graphic granite on large island and countertops, SS microwave and oven/stove with hood. Large primary bedroom and ensuite bathroom with double sinks w/ granite, tiled shower, toilet room, and linen closet. Walk in closet with built in shelving. Guest bath also has double sinks w/ granite and a tiled shower/tub. Ample size additional 3 bedrooms complete the interior. Covered patio with ample space for your horses, toys, sheds, etc., and No HOA! Welcome Home!!

10032 W Potter Drive Peoria, AZ 85382

$514,900
3 Beds
2 Baths
1,967 SqFt
Status Active
MLS # 6699324
Property Type Single Family Residence
Price Type --
Welcome to your dream home! This move-in ready, well-maintained property offers everything you've been searching for. With 3 bedrooms, 2 bathrooms, and a generous 1,967 square feet of living space, this residence is both spacious and inviting. In the kitchen you'll immediately notice the elegant granite countertops complemented by a custom backsplash tile. Each bedroom features a convenient walk-in closet, providing ample storage for all your belongings. The expansive laundry room allows plenty of room for a second fridge, while the large office/den area boasts crown molding, perfect for those who work from home or desire a dedicated study space. Say goodbye to clutter with abundant built-in storage throughout the home. The house also features a custom entertainment center, complete with surround sound wiring already in place, ensuring unforgettable movie nights with family and friends. Outside, you'll discover beautiful low-maintenance landscaping surrounding the property, highlighted by large front and back paver patios, a covered gazebo, and a spacious grass yard. Whether you're hosting a barbecue or simply enjoying a quiet evening outdoors, this backyard oasis is sure to impress. RV owners will love the convenience of the large RV gate access, providing secure storage for recreational vehicles and trailers. Located in a wonderful neighborhood with an A+ rated school just down the street, this home offers the perfect blend of comfort and convenience.

31709 N 164th Street Scottsdale, AZ 85262

$514,900
3 Beds
2 Baths
1,644 SqFt
Status Active
MLS # 6680711
Property Type Single Family Residence
Price Type --
Enjoy spectacular panoramic Mountain Views in Northeast Scottsdale!!! Your BRAND NEW energy efficient three bedroom home on OVER ONE ACRE with plenty of room for additional structures and toys awaits. Buy NOW and select all your interiors from the builders included options or go semi-custom. No HOA! Trailheads close and minutes to Bartlett Lake. Nearby restaurants and shopping with more development in the works. Perfect for outdoor and golf enthusiasts! Views of Four Peaks, Troon Mountain, Elephant Butte and Pinnacle Peak! Renderings are representation of elevation. Options displayed may vary. Advertised plan can be customized to add or subtract square footage. Street address listed may differ once assigned. Refer to APN. Additional plans available.

16459 E Morning Vista Lane Scottsdale, AZ 85262

$514,900
3 Beds
2 Baths
1,644 SqFt
Status Active
MLS # 6680723
Property Type Single Family Residence
Price Type --
Enjoy spectacular panoramic Mountain Views in Northeast Scottsdale!!! Your BRAND NEW energy efficient three bedroom home on OVER ONE ACRE with plenty of room for additional structures and toys awaits. Buy NOW and select all your interiors from the builders included options or go semi-custom. No HOA! Trailheads close and minutes to Bartlett Lake. Nearby restaurants and shopping with more development in the works. Perfect for outdoor and golf enthusiasts! Views of Four Peaks, Troon Mountain, Elephant Butte and Pinnacle Peak! Renderings are representation of elevation. Options displayed may vary. Advertised plan can be customized to add or subtract square footage. Street address listed may differ once assigned. Refer to APN. Additional plans available.

303 W 9th Street Mesa, AZ 85201

$514,900
3 Beds
2 Baths
1,824 SqFt
Status Active
MLS # 6694337
Property Type Single Family Residence
Price Type --
Home is eligible for a property specific $7500 grant when financing through PNC Bank with FHA or Conventional loan as a primary residence. Just on the edge of the gorgeous Evergreen Historic District on a lovely tree lined street you will find this remodeled mid-century home offering a central Mesa location, nearby amenities and the perfect blend of original charm and modern touches you've come to expect. Art & design lovers, the long time owners have maintained and remodeled this home offering a unique space to create the life you've dreamed of. An updated kitchen with newer appliances and a formal dining room and living room comprise the heart of the home. Two secondary bedrooms and a primary ensuite bedroom, boasting two closets, complete the front portion of the home. A permitted addition at the back of the home includes a nice size laundry room, a generous storage area, and a large great room overlooking thebeautiful backyard providing a wonderful space to entertain and relax. Set up a pool table and you'll have a fantastic game room! New paint, beautiful wood and tile floors abound with NO CARPET! A 3 year old roof, 8 year old a/c unit, 5 year old water heater, brand new sewer line to the street, and ridiculously low utility bills make this home a find, both stylistically and economically. The gorgeous backyard includes an expansive covered patio, fruit trees, rose bushes and lush irrigated landscaping with a large RV gate opening to the roadway behind. And did we mention the location? Watch the on-going evolution of downtown Mesa and take advantage of all it has to offer such as Spring Training at Hohokum Stadium, Riverview Park/Retail. the Mesa Arts Center, ASU Mix Center, and a plethora of dining options. And being close to light rail means you're a short train ride from so many amenities offered by nearby Tempe and Phoenix, such as ASU, Tempe Marketplace, Sky Harbor Airport, and great freeway access. Come see it today and you'll find yourself daydreaming non-stop about all of the ways in which you will flourish in this beautiful home.

2609 W Orangewood Avenue Phoenix, AZ 85051

$514,900
1 Bed
2 Baths
1,008 SqFt
Status Active
MLS # 6693224
Property Type Single Family Residence
Price Type --
Property with a big lot, with permits with city of Phoenix to built two garages in the back. Great Potential for Multifamily income property.

2911 E Glenhaven Drive Phoenix, AZ 85048

$514,900
3 Beds
3 Baths
1,955 SqFt
Status Active
MLS # 6697487
Property Type Single Family Residence
Price Type --
Welcome to your newly refreshed oasis! This house boasts a fresh interior paint and new carpeting throughout, creating a pristine canvas for you to make your own. All cabinets have been meticulously painted, adding a touch of modern elegance to every room. Stay cool and comfortable with a brand new A/C unit and enjoy the gentle breeze from newly installed ceiling fans. The bathrooms shine with new light fixtures and hardware, adding a touch of sophistication to your daily routine. Step into the heard of the home - a beautiful kitchen adorned with stainless steel appliances, perfect for culinary creations and entertaining guests. Don't miss out on this opportunity to own a home that's both stylish and move-in-ready!

20959 E Creekside Drive Queen Creek, AZ 85142

$514,900
5 Beds
3 Baths
2,294 SqFt
Status Active
MLS # 6701574
Property Type Single Family Residence
Price Type --
This is it! Beautiful 5 bedroom home in the highly desired Hasting Farms just minutes from Queen Creek Marketplace for shopping, Dining and Entertainment. The home starts with 9 ft ceilings for the look and feel you want in your next home, with a Great Room, large tile floors, designer accent wall, Gas Kitchen for the budding chef, Granite countertops, and a Bedroom and full bath downstairs. Upstairs features a large Master suite, Glass wall shower, double vanity, private toilet room and walk-in closet, plus 3 more nice size bedrooms with designer carpet and large laundry room upstairs where it should be, no more carrying the laundry up and down stairs. The front yard has new synthetic grass for a great look and low maintenance. The backyard features a covered patio with paver extensions, a grass yard for entertaining and comfort for pets. Two car garage with epoxy floors, and overhead storage systems. Come take a look at what Queen Creek has become and the value of this home.

6851 S 27th Street Phoenix, AZ 85042

$514,900
4 Beds
2 Baths
1,869 SqFt
Status Active
MLS # 6702824
Property Type Single Family Residence
Price Type --
Beautiful Updated home in an awesome golf course gated community. This home is finished with tasteful modern tile, cabinets, counters, etc. Highly sought after floorplan make this home very spacious. There is plenty of natural lighting and positive energy in this happy house. Some of the items to boast is a huge organized walk in closet, surround sound speakers, maple custom cabinets. The backyard is large with plenty of room to entertain, garden, and play ! Garage boasts built in cabinetry with epoxy floors. The community has lots of walking trails and golf course views. There are tons of stores, dining options, restaurants nearby. It is a close drive to downtown, airport, freeways, hiking trails and so much more.

1214 N Easy Street Payson, AZ 85541

$514,900
3 Beds
2 Baths
1,719 SqFt
Status Active
MLS # 6638268
Property Type Single Family Residence
Price Type --
Buyer could not perform, please ignore days on market. Fully remodeled 3 bed 2 bath single level mountain retreat! Interior modernized w/ demo'd walls & new layout. Dining space + great room w/ cozy wood stove flow to the kitchen, perfect for entertaining! BEAUTIFUL kitchen w/ white Shaker cabinets & contrast island w/ breakfast bar, NEW SS appliances, tile backsplash + oversized walk-in pantry w/ inside laundry. Master suite w/ walk-in closet & en suite bath w/ dual vanity & custom tile shower w/ dual showerheads. Generously sized secondary bedrooms & full guest bath. All new insulation, NEW windows, NEW roof, NEW LVP flooring, NEW electrical & plumbing t/o incl Cat cable & RG6 wiring and upgraded electrical panel - all there's left to do is move in! Two car garage w/ electric vehicle charger. Covered Trex deck at backyard + large paver patio. Perfect for year round living or to escape the Valley heat!

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