Hi Friend,
Deciding to sell your home is a multifaceted financial and personal consideration. While current mortgage rates might deter some, the primary motivation to move often stems from life changes such as marriage, divorce, births, retirement, etc. These pivotal moments can necessitate a change in housing requirements.
Recent data from Realtor.com reveals that 1 in 4 sellers are prompted to move for personal reasons, while 56% await better rates. Homeowners can leverage their existing equity to facilitate their next purchase, potentially sidestepping the issue of higher borrowing costs.
When life changes dictate a move, it's essential to collaborate with an expert to ensure the smooth sale of your existing property and the acquisition of a home that meets your evolving needs.
Need to sell your home before you buy? Ask me about the possibility of renting back your current home for a few months while you find and close on a new one.
Looking forward to hearing from you!
All the best, Jeff |