Is it time to sell your property? 58% of homeowners believe it's a seller's market. Here are the top reasons sellers want to sell now.
Top Reasons for Selling Real Estate
• 40% want a larger or nicer home
• 24% are relocating to a new city
• 21% want to pull out equity
• 20% want a smaller or less expensive home
• 19% have had a change in family status
• 15% want to move to another school district
But selling a home is not without challenges. These are the top concerns homeowners have about selling.
Biggest Issues with Selling a Home
• 30% might not find another home they want
• 26% are nervous prices might fall before selling
• 25% might not find another home they can afford
• 23% are worried that general economic conditions might discourage buyers
• 19% are anxious the appraisal might come in low
Most homeowners believe it's a seller's market, but not without hesitation. These are the top concerns people have about selling their home right now.
Redfin Research Center