{"id":7856,"date":"2022-09-21T10:00:35","date_gmt":"2022-09-21T10:00:35","guid":{"rendered":"https:\/\/thezakariagroup.com\/top-reasons-homeowners-are-selling-their-houses-right-now\/"},"modified":"2022-09-21T10:00:35","modified_gmt":"2022-09-21T10:00:35","slug":"top-reasons-homeowners-are-selling-their-houses-right-now","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/top-reasons-homeowners-are-selling-their-houses-right-now\/","title":{"rendered":"Top Reasons Homeowners Are Selling Their Houses Right Now"},"content":{"rendered":"
\n

\"Top<\/p>\n

Some people believe there\u2019s a group of homeowners who may be reluctant to sell their houses<\/a> because they don\u2019t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you\u2019re thinking about selling<\/a> your house.<\/span><\/p>\n

Data<\/a> shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it\u2019s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in your life that make a move essential, regardless of where rates are today. As Jessica Lautz, Vice President of Demographics and Behavioral Insights at the National Association of Realtors<\/em> (NAR), explains<\/a>:<\/p>\n

\n

\u201cHome sellers have historically moved when something in their lives changed<\/em><\/strong> \u2013 a new baby, a marriage, a divorce or a new job. . . <\/em>.\u201d<\/p>\n<\/blockquote>\n

So, if you\u2019re thinking about selling your house, it may help to explore the other reasons homeowners are choosing to make a move today. The 2022 Summer Sellers Survey<\/em><\/a> by realtor.com <\/em>asked recent home sellers why they decided to sell. The visual below breaks down how those homeowners responded:<\/p>\n

\"Top<\/a><\/p>\n

As the visual shows, an appetite for different features or the fact that their current home could no longer meet their needs topped the list for recent sellers. Additionally, remote work and whether or not they need a home office or are tied to a specific physical office location also factored in, as did the desire to live close to their loved ones.<\/p>\n

The realtor.com<\/em> survey<\/a> summarizes the findings like this:<\/p>\n

\n

\u201cThe primary reason homeowners decided to sell in the last year was the realization that, after so much time spent at home, they wanted different features and amenities<\/strong>, such as walkability, outdoor space, pool, etc. . . . <\/em>\u201d<\/p>\n<\/blockquote>\n

If you, like the homeowners they surveyed, find yourself wanting features, space, or amenities your current home just can\u2019t provide, it may be time to consider listing your house for sale. <\/strong><\/p>\n

Even with today\u2019s mortgage rates, your lifestyle needs may be enough to motivate you to make a change. The best way to find out what\u2019s right for you is to partner with a trusted real estate professional<\/a> who can provide expert guidance and advice throughout the process. They can help walk you through your options, so you can make a confident decision based on what matters most to you and your loved ones.<\/p>\n

Bottom Line<\/strong><\/h3>\n

While the financial reasons for moving are important, there\u2019s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, let\u2019s connect today.<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Some people believe there\u2019s a group of homeowners who may be reluctant to sell their houses because they don\u2019t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you\u2019re thinking about selling your house. Data shows 51% of homeowners have a mortgage […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[100,104,101],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nTop Reasons Homeowners Are Selling Their Houses Right Now - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/top-reasons-homeowners-are-selling-their-houses-right-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Reasons Homeowners Are Selling Their Houses Right Now - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Some people believe there\u2019s a group of homeowners who may be reluctant to sell their houses because they don\u2019t want to lose the historically low mortgage rate they have on their current home. 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