Many homeowners shy away from selling their homes because they have unanswered questions that create uncertainty. Often, these concerns stem from misconceptions rather than reality. If they were to have a conversation with a real estate agent, they’d likely discover that these doubts aren't as significant as they think.

If you're feeling unsure about making a move, it's time to get the real answers you need. You shouldn’t have to figure it all out on your own; we have the information that can clarify things for you.

1. Should You Even Consider Moving Right Now?

If you already own a home, you might be hesitant to sell because you're worried about dealing with a higher mortgage rate on your next place. However, making that move could be more doable than you realize, especially considering how much your current home has probably appreciated in value.

Have you noticed anyone in your neighborhood selling their home lately? If you have, do you happen to know what it sold for? With home values rising significantly in recent years, you might be surprised by the numbers. According to Lawrence Yun, the Chief Economist at the National Association of Realtors (NAR), rephrase it in a conversational   That’s significant – and when you sell, that can give you what you need to fund your next move. average homeowner has increased their housing wealth by $147,000 over the past five years.

That’s a big deal – and when you decide to sell, that can provide the funds you need for your next step.

2. Can I Find a Home That Suits Me?

If you're thinking about this, it's likely because you recall the struggles of finding a home in recent years. However, the current market is not as tough as it used to be.

Data from Realtor.com indicates that inventory has seen a significant increase, up nearly 25% compared to this time last year.

Inventory is still lower than what we would consider normal before the pandemic, but it's made significant strides over the past year. Experts believe it will increase by another 10 to 15% this year. This means you'll have more choices for your move and a great opportunity to find a home you truly love.

3. Are Buyers Still Active?

If you're concerned that no one is buying homes with current rates and prices, let's put things into perspective. While home sales were lower last year compared to a typical market, around 4.24 million homes sold (excluding new constructions), according to the National Association of Realtors (NAR). The forecast anticipates an increase in that number in 2025. Even if we only match last year's sales figures, it still represents a significant volume in the housing market.

• 4.24 million homes divided by 365 days in a year equals about 11,616 homes sold each day.

• If you take 11,616 homes and divide that by 24 hours in a day, you get about 484 homes selling every hour.

• If you take 484 homes and divide that by 60 minutes, you get about 8 homes selling every minute.

In the time it took you to read this, eight homes changed hands. Take that as a sign—the market is definitely active. Every day, countless individuals are buying homes, and many of them are searching for properties just like yours.

Bottom Line

When you’re ready to discuss what’s on your mind, I’m here with the answers you’re looking for. In the meantime, what’s stopping you from making your move?