Should I sell my home now?

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Should I sell my home now?

Selling your home is a big decision, and our Realtors can help you understand market conditions and other factors you should consider. Here are some questions to help you figure out if selling your home now makes sense for you.

Is it a seller’s market? If homes in your area are selling for a high price, this could mean you are in a seller’s market. This is good news for sellers because it means they can make a good profit. Curious about how much your home is worth today? You can track the estimated value of your home online, or consult a real estate agent in your area for an estimate.

Does your home no longer fit your life? Are you expecting a new family member, such as a baby, or is your college child moving out, or possibly an aging parent moving in? Life changes such as these may make your current place feel too small, or too big, or just no longer fit your needs. A career change, such as a new job farther away, may also mean that moving makes sense, or if you now work primarily from home, this may free you up to live almost anywhere. Be sure to consider your personal situation and market conditions when deciding if you are a good candidate to sell.

Can you afford your home and maintain it? If a job loss or divorce is making your current mortgage payments impossible, it may be wise to cut your losses and downsize to a home that is within your reach. People nearing retirement may also want to sell so they can move to an area with better weather or a more relaxed pace, or to a home with less maintenance hassles, such as a large yard or pool.

We will be happy to hear your thoughts

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