{"id":8127,"date":"2023-08-29T10:30:00","date_gmt":"2023-08-29T10:30:00","guid":{"rendered":"https:\/\/thezakariagroup.com\/why-you-may-still-want-to-sell-your-house-after-all\/"},"modified":"2023-08-29T10:30:00","modified_gmt":"2023-08-29T10:30:00","slug":"why-you-may-still-want-to-sell-your-house-after-all","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/why-you-may-still-want-to-sell-your-house-after-all\/","title":{"rendered":"Why You May Still Want To Sell Your House After All"},"content":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.keepingcurrentmatters.com\/content\/images\/20230817\/20230822-Why-You-May-Still-Want-To-Sell-Your-House-After-All.jpg\" alt=\"Why You May Still Want To Sell Your House After All Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\"><\/p>\n<p>Even though you may feel reluctant to <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/01\/sellers-dont-let-these-two-things-hold-you-back\/\" rel=\"noopener noreferrer\" target=\"_blank\">sell your house<\/a> because you don\u2019t want to take on a <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/07\/19\/explaining-todays-mortgage-rates\/\" rel=\"noopener noreferrer\" target=\"_blank\">mortgage rate<\/a> that\u2019s higher than the one you have now, there\u2019s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from <a href=\"https:\/\/www.bankrate.com\/real-estate\/should-i-sell-my-house-now-or-wait\/#sell-now\" rel=\"noopener noreferrer\" target=\"_blank\"><em>Bankrate<\/em><\/a><em> <\/em>says:<\/p>\n<blockquote><p><em>\u201c<\/em><strong><em>Deciding whether it\u2019s the right time to sell your home is a very personal decision<\/em><\/strong><em>. There are numerous important questions to consider, both financial and lifestyle-based, before putting your home on the market.\u201d<\/em><\/p><\/blockquote>\n<p><strong>So, ask yourself this: why did I want to move in the first place?<\/strong><\/p>\n<p>Chances are your primary motivation wasn\u2019t just financial in nature. Why you\u2019re really thinking about <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/08\/theres-only-half-the-inventory-of-a-normal-housing-market-today\/\" rel=\"noopener noreferrer\" target=\"_blank\">selling<\/a> likely has more to do with something changing in your life or a shift in what you need out of your house.<\/p>\n<h4><strong>Reasons Homeowners Still Need To Sell Today <\/strong><\/h4>\n<p>Let\u2019s explore some of the most common reasons sellers are <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/07\/27\/homebuyers-are-still-more-active-than-usual\/\" rel=\"noopener noreferrer\" target=\"_blank\">moving<\/a> today. A recent<strong> <\/strong><a href=\"https:\/\/www.builderonline.com\/data-analysis\/whats-behind-this-years-high-sales-volume-despite-the-lock-in-effect_o\" rel=\"noopener noreferrer\" target=\"_blank\">article<\/a> from <em>Builder Online<\/em> helps shed light on this. In this research, they identified the following categories:<\/p>\n<ul>\n<li><strong>Marriage \u2013<\/strong> If you just got married, you may find you either need more space than you currently have, or the two of you want to find a new place you picked out together.<\/li>\n<li><strong>Divorce \u2013 <\/strong>If you\u2019re getting separated or are divorcing your partner, chances are it\u2019ll be difficult to live under the same roof. Selling the place you have, so you can own get your own spot, may be necessary.<\/li>\n<li><strong>Births \u2013 <\/strong>If your household is growing, you may need more square footage, including more bedrooms. If you\u2019re running out of room for everyone, you may not be able to wait to move.<strong> <\/strong><\/li>\n<li><strong>Deaths \u2013<\/strong> If you\u2019ve recently lost a loved one, it can be hard to spend time in that home. You may need to move for financial reasons or because you no longer need all the space.<\/li>\n<li><strong>Retirement \u2013 <\/strong>If you\u2019re in the process of retiring, or you just did, you may be looking to downsize to cut costs, relocate to be closer to loved ones, or move to a dream location. In this new phase of life, your current home may not be able to deliver what you need.<strong>\u00a0<\/strong><\/li>\n<\/ul>\n<p>You may find you share one of these top motivators. If any of these resonate with you, it may be <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/10\/about-11000-houses-will-sell-today\/\" rel=\"noopener noreferrer\" target=\"_blank\">time to move<\/a> so you can find a house better suited to your changing needs. A survey from <em>Realtor.com<\/em> finds other sellers are in the same boat. It <a href=\"https:\/\/mediaroom.realtor.com\/2023-04-17-Realtor-com-R-Survey-82-of-Those-Looking-to-Buy-and-Sell-a-Home-Feel-Locked-In-by-Low-Mortgage-Rate\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>, 1 in 4 sellers are choosing to move for personal reasons, even with current <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/03\/how-inflation-affects-mortgage-rates\/\" rel=\"noopener noreferrer\" target=\"_blank\">mortgage rates<\/a>:<\/p>\n<blockquote><p><em>\u201c. . . more than half of seller-buyers (56%) who are planning to sell in the next 12 months said they are waiting for rates to come down, while <\/em><strong><em>25% need to sell soon for personal reasons<\/em><\/strong><em>.\u201d<\/em><\/p><\/blockquote>\n<p>If you need to sell now because something in your own life has changed, don\u2019t let rates hold you back from what you want. You have options to help make that move possible. You can use the <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/07\/four-ways-you-can-use-your-home-equity\/\" rel=\"noopener noreferrer\" target=\"_blank\">equity<\/a> you already have in your current home toward your next purchase. And with <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/15\/equity-is-a-game-changer-for-homeowners-looking-to-sell\/\" rel=\"noopener noreferrer\" target=\"_blank\">how much<\/a> equity homeowners have right now, you may be able to finance less than you\u2019d expect, or pay all cash to avoid borrowing at all.<\/p>\n<h3>Bottom Line<\/h3>\n<p><span style=\"color: black;\">When you&#8217;re ready to prioritize your changing needs, reach out to a trusted real estate professional. They can help you list your house and find a home that delivers on everything you&#8217;re looking for.<\/span><\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though you may feel reluctant to sell your house because you don\u2019t want to take on a mortgage rate that\u2019s higher than the one you have now, there\u2019s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: [&hellip;]<\/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":[874,100,884],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why You May Still Want To Sell Your House After All - 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\/why-you-may-still-want-to-sell-your-house-after-all\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why You May Still Want To Sell Your House After All - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Even though you may feel reluctant to sell your house because you don\u2019t want to take on a mortgage rate that\u2019s higher than the one you have now, there\u2019s more to consider. 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