Home is where the heart is, right? Owning a home gives you space to customize — that puce accent wall, the throwback shag carpet, and your shabby (chic?) well loved furniture. It’s all yours. Oh the bliss.
Fast forward a few years — you aren’t really in love with the look anymore, but a refresh isn’t going to cut it. Is it you? Is it the house? Maybe it’s time to think about starting fresh by making a move.
The idea of a forever home is a great one; however, life changes my friends (no matter how much we may resist). According to a recent report, the average person has lived in their current house for ten years. Ten years is a long time all! So many things can change in that amount of time — families grow, needs change, leggings are (incorrectly) classified as pants. You just never know what might pop up.
Has your life changed? Is your home meeting your needs? Perhaps it’s time to work with a local real estate agent to explore all your options in today’s market.
Believe it or not, out of those who are currently considering selling their home, one in three homeowners say it’s because their home no longer meets their needs. It also — unsurprisingly — appears on the list of in the top reasons given for a move.
- Want to move closer to friends or family
- Moving due to retirement
- Home is too small or too large
- Change in family situation
- Job relocation
If things in your life have changed (as they inevitably do), it may be time to make a move. And there’s good news: it’s still a great time to sell. Here’s why.
I definitely didn’t bury that lede. Yep, we’re still in a strong sellers’ market. That means homes listed at market value and in good condition are getting attention from buyers and selling quickly. Feel free to lean on, moi, your expert real estate advisor, for the best advice on getting your house ready to sell.
Other good news? Your equity can power your next move. If you own your current home, there’s a good chance you have a significant amount of equity right now thanks to record levels of price appreciation in recent years. So much yes, in that statement. When you sell your home, you can use that equity to help fund your next home. In fact, 38% of recent buyers used the money from the sale of their previous home to cover the down payment on their next one.
If you need a change and believe your home no longer meets your needs, consider selling it so you can find your new and improved dream home! Let’s connect so you can learn about your options.