Discover What is Motivating Homeowners to Move
In the past few years, homeowners have decided to delay a move because they aren’t willing to sell and take on a higher mortgage rate on the next home. You may be thinking the same thing, and it is no surprise. It is a common roadblock and is one of the bigger factors keeping the number of homes on the market low for as long as it has. However, many homeowners are at a point where they aren’t willing to wait any longer.
In this article, we will discuss if you are weighing the decision to move, to take a look at the reasons, we will list why others are opting to sell.
Reason One: You Are Ready for a Change
Whether it is a better job situation in a new city, a desire to be closer to family members, or just simply wanting a new change of scenery, it can spark the need to sell. If you have landed a new job offer that will require you to relocate yourself and/or your family, listing your current home for sale quickly might be the best step.
Reason Two: There Is Little Space in Your Current Home
Oftentimes, your current home situation no longer fits your lifestyle. A growing family, the need for an at-home office, or more room for entertainment purposes can drive the decision that an upgrade to a bigger house is needed. For example, if you are currently living in a condominium and you have a baby on the way, selling may be the next best move so that you can get into a larger condominium or a house that will better suit your needs.
Reason Three: Wishing to Downsize or Retirement
On the flip side, some homeowners are looking to downsize. This can be for many reasons, whether it is because children have moved out, retirement, or want less to maintain during the year. If you are just retired and dreaming of a simpler lifestyle, downsizing to a smaller home can free up both the time and resources that are needed to enjoy a new chapter of life.
Reason Four: Change in Relationship Status
Big life changes like separation, divorce, or marriage can lead to a need for a new living situation. If you have recently gone through a divorce, selling the home that was once shared can allow both of you to make a big move forward to find a better living situation that works better for you now.
Reason Five: Mobility and Health Needs
If there are health concerns, especially those centered around mobility, the decision to sell can be hard-driven. A home that once worked perfectly might not suit your needs any longer if this sounds like something that you are experiencing right now, selling your current home to move into a space that is easily accessible or proceeds for assisted living can significantly improve the overall quality of your life.
Conclusion
When it comes down to selling your home, it isn’t all about market conditions or mortgage rates but also about making the best decision for yourself and your family. If a major life change has unexpectedly occurred and you have been thinking of making the big move, now might still be the best time to sell. Trust your real estate professionals at Elevate Realty Group to guide you to find and settle in the home of your dreams in the many great suburban and urban neighborhoods that make up Granbury, TX, today.