I was just up in Canada this weekend participating in the Whistler Gran Fondo Forte cycling event. Whew…incredibly challenging, beautiful, and rewarding all packaged in 6 hours on my
Top 2 Reasons Homeowners are Selling
Dated: May 6 2024
Views: 320
Let's take a closer look and see if they’re motivating you to make a change too.
1. To Make a Profit
If you’re thinking about selling your house, you probably have a lot of questions on your mind. Well, here's some good news – the latest data shows most sellers get a great return on their investment when they sell. ATTOM, a property data provider, explains:
“. . . home sellers made a $121,000 profit on the typical sale in 2023, generating a 56.5 percent return on investment.”
That’s significant. And here’s one contributing factor. During the pandemic, home prices skyrocketed. There was way more buyer demand than homes available for sale and that combination pushed prices up.
Now, home prices are still rising, just not as fast. That ongoing appreciation is good news for your bottom line. Any profit you make can help offset some of today’s affordability challenges when you buy your next home.
If you want to know how much your house is worth now and what's going on with prices in your area, talk to a local real estate agent. Online "guesstimates" are just that and NO Human from these calculators have ever been to your house or neighborhood.
2. For Family Reasons
Maybe you want to be near relatives to help take care of older family members or to have more support nearby. Or maybe you’re just eager to spend time together on special occasions like birthdays and holidays.
Selling a house and moving closer to the people who matter the most to you helps keep you connected. The distance may have you missing out on some big milestones in their lives. We just had several of those milestones in my family and it was nice to be here for them!
The National Association of Realtors (NAR) says:
“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.”
Bottom Line
If you're thinking about selling your house, there’s probably a good reason for it. Whether it's here in Bellingham, Ferndale, Lynden, Blaine or Birch Bay, let’s talk so you have help making the right move to reach your goals this year. If it is somewhere else in the nation, also reach out as I am connected with the largest group of Realtors who have a similar approach to me and we represent 1 out of every 8 sales across the U.S!!
Sean Hackney
Sean Hackney: Your Family-Focused Realtor® Specializing in Relocation, Listings, and Buyers in Whatcom and Northern Skagit Counties Greetings! I'm Sean Hackney, a devoted husband, father, and co-....
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