There are two reasons why people are choosing to sell now.
Are you one of the many homeowners thinking about selling your house this year? If so, it’s important to understand what’s motivating you to make a move. According to a recent survey by Realtor.com, the top two reasons are taking advantage of the current market and making a profit, and the other is that your home no longer meets your needs.
If you’re considering selling your home, the good news is that the latest data shows that the average seller can expect a strong return on their investment. In 2022, the median-priced home sale resulted in a $112,000 profit, representing a 51% return on investment compared to the original purchase price.
“It’s important to understand what’s motivating you to make a move.”
On the other hand, if your home no longer meets your needs, it could be time to find a better fit. After 10 years, changes in your life may have impacted what you need in a home, such as more or less space, different features, or a location closer to work or loved ones.
Regardless of your reason for considering a move, discussing your real estate goals with a professional is essential. Call or email us to learn more about how we can help you make the most of the current market and find a home that better meets your needs.
