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

2574 E Detroit Place Chandler, AZ 85225

$490,000

3 Beds

2 Baths

1,427 SqFt

Status Active

MLS # 6669633

Property Type Single Family Residence

Price Type --

This stunning home in the highly sought-after community of Dobson Place is a great find! A well thought out and popular floor plan makes this home perfect for those who love to entertain. Upgraded flooring throughout. The backyard is beautifully landscaped, and the entire house features a stylish neutral color scheme. Perfect opportunity to get into the ever growing Chandler market or make a good addition to your portfolio. The primary bath has dual sinks and a step-in shower, as well as a spacious walk-in closet. This home is located centrally in the neighborhood, away from any busy roads. Located 5 minutes from Downtown Chandler and within 10 minutes of Downtown Gilbert. Welcome to your next home that has just been remodeled and is ready for you

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8214 E Chaparral Road Scottsdale, AZ 85250

$490,000

3 Beds

2 Baths

1,352 SqFt

Status Active

MLS # 6674047

Property Type Townhouse

Price Type --

Step into luxury living with this completely renovated 3-bedroom, 2-bathroom townhome, boasting a single-level, split floor plan design. The kitchen features sleek stainless steel appliances and stunning quartz countertops with an elegant backsplash. Retreat to the spacious primary suite, complete with a generous walk-in closet, a luxurious ensuite bathroom featuring a dual vanity, and a custom tile shower. Outside, indulge in your own charming patio, while having the convenience of two dedicated carport spaces and separate storage. This end unit property offers the ultimate in tranquility, while being just steps away from Chaparral Lake Park, Old Town Scottsdale, Fashion Square Mall, and an array of shopping, dining, and recreational options. Experience the epitome of urban living wit h easy access to greenbelt parks, bike/walking paths, and more.

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29138 W Old Us Highway 80 -- Palo Verde, AZ 85343

$490,000

4 Beds

2 Baths

1,800 SqFt

Status Active

MLS # 6677064

Property Type Single Family Residence

Price Type --

One and a quarter irrigated acres of land with pasture and corrals in this beautiful country setting. Amidst the farm fields sits this 4 bed/2 bath charming ranch style home with amazing views and a swimming pool. The spacious garage has A/C for working on projects. If the rural life is calling to you, this property is set up for your ranchette dreams. Located next to a great elementary school in the charming community of Palo Verde. A PRIVATE WELL & IRRIGATION are getting harder to find! Bring your horses, cows, goats and chickens. Don't miss out on this opportunity!

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7503 S 27th Terrace Phoenix, AZ 85042

$490,000

3 Beds

2.5 Baths

1,958 SqFt

Status Active

MLS # 6677240

Property Type Single Family Residence

Price Type --

Fantastic location - Gated community - Minutes from both downtown Phx and ASU. Close to South Mountain Park and great hiking. Spacious kitchen with tons of cabinet and counter space, newer stainless steel appliances, and pantry. Large living room, laundry room, and 1/2 bath downstairs. Master bedroom suite with large walk-in closet, separate tub and shower, and dual vanities. UPGRADES THROUGHOUT This property offers a perfect blend of cozy living and a contemporary lifestyle. Audio and lighting upgrades throughout for entertaining or when you just want to enjoy your home and what it has to offer. The beautiful, manicured backyard is perfect for your springtime enjoyment with its paver walkways framed by flowers and trees along the perimeter. Newer kitchen appliances New AC, HVAC (30k upgrade) Recessed lighting Dimmer switches LED lighting in the kitchen Fresh interior paint Ceiling fans throughout Wired for surround sound Brand new water heater Water softener New toilets/faucets Exterior paint and so much more!

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755 E Zion Drive Gilbert, AZ 85297

$490,000

3 Beds

2.5 Baths

1,648 SqFt

Status Active

MLS # 6685994

Property Type Townhouse

Price Type --

Step into this contemporary sanctuary where modern design meets practicality, crafting a harmonious fusion of elegance and convenience. This remarkable home showcases a sleek and stylish curb appeal, setting the stage for the exceptional features within. Upon arrival, a smart lock greets you, offering both security and ease of access. The open staircase, adorned with wrought iron details, adds a touch of sophistication, while wood-look tile flooring effortlessly guides you through the space. Utilizing every inch wisely, storage beneath the stairs maximizes the efficiency of this well-planned layout. Bask in the abundance of natural light and enjoy privacy with window treatments adorning every room, evoking a sense of comfort and refinement. (CLICK TO READ MORE) Modern baseboards add a polished finish to the contemporary interior, elevating the overall aesthetic. The chef-inspired kitchen is equipped with GE Cafe appliances, a convenient recycle bin, R/O system, and soft-close cabinets. The tile backsplash and under-cabinet lighting not only enhance the style but also contribute to the functionality, making the kitchen a true focal point of the home. A built-in desk in the loft, complete with extra cabinets, provides a dedicated workspace seamlessly integrated into the design. The primary suite serves as a luxurious retreat, featuring an accent wall, crown molding, and a stunning tile subway shower extending to the ceiling, complete with a convenient bench. Artistic flooring and a dual vanity enhance the spa-like ambiance, offering a serene escape. Efficiency meets elegance in the laundry room, boasting extra cabinets and a spacious countertop, simplifying daily chores. The garage transcends its traditional role, offering organized storage solutions, including racks, epoxy-coated floors, and a water softener, ensuring both functionality and style. One of the standout features of this home is the serene backyard setting, with no neighbors behind, providing a sense of tranquility and privacy. This home is nestled in the Mosaic at Layton Lakes, where gated tranquility meets boundless recreation. Dive into the community pool, unwind in the spa, or enjoy outdoor gatherings at the BBQ grills and tot lot. Adjacent to Layton Lakes' expansive masterplan, residents gain access to jogging tracks, splash pads, sports courts, and lush parks. Experience the perfect blend of leisure and adventure in this dynamic community setting. Don't miss the opportunity to make this modern masterpiece your own and embrace the pinnacle of contemporary living!

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9603 E Rocky Lake Drive Sun Lakes, AZ 85248

$490,000

2 Beds

2 Baths

1,675 SqFt

Status Active

MLS # 6683806

Property Type Townhouse

Price Type --

As you enter this corner unit single-level townhome, you will be greeted by a spacious living and dining area with plantation shutters and stunning upper stained glass windows. This leads to your beautiful kitchen with granite counters, cabinets with pull out shelves, a generous size pantry, and a dining area in the kitchen. There are tile floors throughout with the exception of the master bedroom and master closet, which is carpeted. Large master bedroom has French doors and master bath has a walk-in shower and dual sinks. The laundry room has added cabinets for additional storage, and a sink for convenience. Outside, relax on your covered patio overlooking the greenbelt. Swimming, tennis, golf, a restaurant and club house are just some of your community amenities. A must see!

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11033 N 50th Avenue Glendale, AZ 85304

$490,000

4 Beds

2 Baths

1,951 SqFt

Status Active

MLS # 6687217

Property Type Single Family Residence

Price Type --

Great Glendale home with NO HOA. This 4 bedroom 2 bath home also boasts new windows, new A/C and refreshing pool and a large lot. Kitchen and bathrooms have been updated. Pride of ownership and the quiet neighborhood are only a few of the things that you will fall in love with when you visit this home.

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3085 Ponderosa Road Overgaard, AZ 85933

New

$490,000

3 Beds

2 Baths

3,641 SqFt

Status Active

MLS # 6691824

Property Type Manufactured Home

Price Type --

Fantastic opportunity to own this 3BR/2BA home on 2.06 acres. Over 3500 sf of living space. 2 Furnaces, Woodstove in lving area and evaporative coller. 12x24 Greenhouse, 2 detached 1 car garages with electic and 1 has propane. Set far back off a paved road and is fenced. Fire pit, raised flower beds, rose bushes and raspberry bushes. Large enclosure for dogs. 1000 gallon propane tank owned. Renewal by Anderson windows and sliding glass door - Warranty transfers to new owner. Don't miss this great opportunity.

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37346 W Leonessa Avenue Maricopa, AZ 85138

$490,000

4 Beds

3.5 Baths

2,770 SqFt

Status Active

MLS # 6688683

Property Type Single Family Residence

Price Type --

Welcome to this exquisite former subdivision model home! So much space for a single level home! Enjoy fabulous upgrades including built-in surround sound in the living room. With only one owner since 2021, this property boasts a den/office and plenty of space for all your needs. It's perfect for multi-generational living with a private mother-in-law suite featuring a private bathroom. The large bedrooms afford family members privacy, while upgraded carpeting and wood look tile enhance the luxurious feel. The kitchen is a chef's dream with gorgeous cabinets, stainless steel appliances, and quartz countertops. Step outside to a spacious manicured backyard with lush grass and elegant pavers, perfect for outdoor gatherings.

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2027 W Monte Vista Road Phoenix, AZ 85009

$490,000

3 Beds

2 Baths

1,849 SqFt

Status Active

MLS # 6688921

Property Type Single Family Residence

Price Type --

Welcome Home to Monte Vista! This recent remodel is nestled near the serene Encanto Park and golf course, this spacious abode stands out as one of the largest in the neighborhood. A unique feature includes an additional attached room with a separate entry, offering versatility as an extra bedroom, workshop, or private office. Revel in the comfort of new windows throughout the home, ensuring energy efficiency and aesthetic appeal. Don't miss out on this rare opportunity to own a beautifully renovated home with endless possibilities.

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2926 W Villa Theresa Drive Phoenix, AZ 85053

New

$490,000

4 Beds

2 Baths

1,640 SqFt

Status Active

MLS # 6692541

Property Type Single Family Residence

Price Type --

Welcome to this charming 4-bedroom, 2-bathroom home, free from the constraints of an HOA! Nestled on a spacious lot in a prime North Phoenix location,. Brimming with character, this residence boasts an updated kitchen, stylish vinyl flooring, and a skylit atrium that invites natural light to flood the interior spaces. The expansive backyard offers endless potential for outdoor activities and gardening. Newer dual pane windows, a newer roof system, and a newer HVAC system to keep dry and cool this summer!

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11617 W Levi Drive Avondale, AZ 85323

$490,000

3 Beds

2 Baths

1,987 SqFt

Status Active

MLS # 6691620

Property Type Single Family Residence

Price Type --

Welcome Home , This home built in 2021 is a sharp 3 bedroom with a den. upgraded kitchen and beautiful appointments. Compare this to a new build except it has all of the window blinds and landscaping completed for an easy turn key move in. Found in the heart of Avondale, located inside Alamar community. This is a spacious haven with a finished 3 car tandem garage. Enjoy relaxation or company with the stunning views of the Sierra Estrella mountain range.

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