Should You Sell Now? The Lifestyle Factors That Could Tip the Scale
Are you deciding whether to sell your house now or hold off? It’s a common dilemma, but here’s a pivotal point: your lifestyle might be the most significant factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to decide sooner rather than later.
An annual report from the National Association of Realtors (NAR) explains why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:
As the visual shows, the most significant motivators were the desire to be closer to friends or family, outgrowing their current house, or experiencing a vital life change like getting married or having a baby. The need to downsize or relocate for work also made the list.
If you, like the homeowners in this report, need features, space, or amenities your current home can’t provide, it may be time to consider talking to The Aaronson Group about selling your house. Your needs matter. One of our agents will walk you through your options and what you can expect from today’s market so you can make a confident decision based on what matters most to you and your loved ones.
The Aaronson Group will also be able to help you understand how much equity you have and how it can make moving to meet your changing needs that much easier. As Danielle Hale, chief economist at realtor.com, explains:
“A consideration today’s homeowners should review is their home equity picture. With the typical home listing price up 40% from just five years ago, many home sellers are sitting on a healthy equity cushion. This means they are likely to walk away from a home sale with proceeds that they can use to offset the amount of borrowing needed for their next home purchase.”
Bottom line
Your lifestyle needs may motivate you to make a change. If you want help weighing the pros and cons of selling your house, contact The Aaronson Group today.
Call: 949-388-5194 or email info@previewochomes.com