Thinking about selling your house? Consider the factors driving your decision. According to a recent survey by Realtor.com, the top two reasons for selling homes this year are: [describe the reasons].

Let's examine if they are also prompting you to consider making a change.

1. To Make a Profit

If you're considering selling your house, you likely have numerous questions. The latest data indicates that most sellers receive a substantial return on their investment when selling. ATTOM, a property data provider, elaborates on this.

Whatever it is, the way you tell your story online can make all the difference.
— ATTOM

That's noteworthy. One key factor was the surge in home prices during the pandemic. The high buyer demand paired with limited homes for sale drove prices upward.

Now, the increasing trend in home prices continues, albeit at a slower pace. This steady appreciation bodes well for your financial returns. Any gains you secure could potentially ease the burden of the current affordability obstacles when you are ready to purchase your next property.

If you're interested in finding out the current value of your home and staying informed about property prices in your neighborhood, get in touch with a real estate agent in your area.

2. For Family Reasons

Maybe you're looking to live close to family members to assist with caring for older relatives or to have additional support in the area. Alternatively, you might simply be excited about the idea of being together for important events such as birthdays and holidays.

Selling your home and relocating nearer to your loved ones is a great way to stay in touch. If you're feeling like distance is causing you to miss important moments in their lives, consider reaching out to a local real estate agent to discover a new home nearby. As per the National Association of Realtors (NAR

“A great real estate agent will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget.”
— National Association of Realtors (NAR)

Bottom Line

Considering selling your home? If you're contemplating this decision, chances are you have a compelling motive behind it. Let's discuss your options to ensure you make informed choices aligned with your objectives for this year.