When you're a proud homeowner, you get to relish the unparalleled joy of having a space that's entirely yours, catering to your every whim and fancy. It's a place where you and your loved ones can thrive. But what if you suddenly find yourself craving a change of scenery? If this stirs a chord within you, maybe it's time to hop on the moving train!
The National Association of Realtors (NAR) recently unveiled their Home Buyers and Sellers Generational Trends Report, which reveals that the average Joe and Jane have resided in their current home for a decade. Time flies, doesn't it? So, if you've been nesting in your current dwelling for a while now, ponder over how drastically your life has transformed since you first moved in. Even if you were convinced that this house would be your "happily ever after," remember that there's always room for change. Seek guidance from a local Mexico Life Realty real estate expert to discover a world of possibilities in today's ever-evolving market before resigning yourself to your present dwelling.
Interestingly, many homeowners are currently doing exactly that. A fresh survey by Realtor.com unveils that one in three individuals contemplating selling their home in 2023 are doing so because their once-beloved house just doesn't cut it anymore. The NAR report also confirms that this trend aligns with this year's top reasons for selling, which include:
- A desire to be closer to friends or family
- The sweet allure of retirement
- A home that's too snug or too spacious
- A shift in family dynamics
- A job-induced relocation
If you sense that life is nudging you in a new direction, perhaps it's time to embrace change and make a move. The best part? The current market conditions are ripe for selling! Here's why:
A sellers' market is in full swing! Homes that are priced right and in tip-top shape are like magnets, attracting eager buyers and selling at breakneck speed. Your local Mexico Life Realty maestro is the go-to person for the finest advice on prepping your house for a swift sale.
Equity is your best friend. Chances are, you're sitting on a treasure trove of equity, thanks to the skyrocketing property values in recent years. When you sell, this equity will be your trusty sidekick, helping you afford your next dream home. NAR's report even states that 38% of recent buyers used the proceeds from selling their previous home to cover the down payment on their new digs. Consult a Mexico Life Realty guru in your area to find out just how much equity you're working with and how best to utilize it in today's housing market.
The Crux of the Matter If your once-cherished home no longer tickles your fancy, it might be the perfect time to sell and embark on the quest for your true dream home. Let's join forces and explore your options, all while having a jolly good time!Posted by John Forget on