What’s Motivating Homeowners To Move Right Now

<article class="post-1265896 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-1265896"><span class="entry-date">November 12, 2024</span><div class="entry-header center-block text-center"><h1 class="entry-title">What’s Motivating Homeowners To Move Right Now</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=What%E2%80%99s+Motivating+Homeowners+To+Move+Right+Now&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fwhats-motivating-homeowners-to-move-right-now%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<p>Over the past few years, some homeowners have decided to delay their move because they don’t want <a href="https://www.simplifyingthemarket.com/2024/10/22/planning-to-sell-your-house-in-2025-start-prepping-now/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">to sell</a> and take on a higher <a href="https://www.simplifyingthemarket.com/2024/10/21/what-to-expect-from-mortgage-rates-and-home-prices-in-2025/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">mortgage rate</a> on their next home. Maybe you’re thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so low for so long. </p>
<p>But a <a href="https://www.simplifyingthemarket.com/2024/10/17/why-did-more-people-decide-to-sell-their-homes-recently/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">growing number</a> of homeowners are deciding they just can’t wait any longer. Often, it’s because of personal or lifestyle change. As <em>Redfin</em> explains:</p>
<blockquote><p><em>“Some homeowners are opting to bite the bullet and give up their low rate in order to move.</em><strong><em> Many are selling because a major life event like a job change, or divorce . . </em></strong><em>.”</em></p></blockquote>
<p>If you’re weighing the decision <a href="https://www.simplifyingthemarket.com/2024/10/02/secrets-to-selling-your-house-quickly/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">to move</a>, take a look at some of the top reasons others are choosing to sell. You might find those are reason enough for you to move now, too.</p>
<h4><strong>It’s Time for a Change </strong></h4>
<p>A new job in a different city, a desire to be closer to family, or simply wanting a change of scenery can all spark the need to sell. </p>
<p>Let’s say you’ve landed a great job offer that requires relocating, listing your current home quickly may be the next logical step.</p>
<h4><strong>There’s Just Not Enough Space in Your Current House</strong></h4>
<p>Sometimes, your current home just doesn’t fit your lifestyle anymore. A growing family, the need for a home office, or more room for entertaining can all drive the decision <a href="https://www.simplifyingthemarket.com/2024/10/07/nows-the-time-to-upgrade-to-your-dream-home/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">to upgrade</a> to a larger space.</p>
<p>As an example, if you live in a condo and have a baby on the way, selling might be the next best move so you can find a larger home that suits your needs.</p>
<h4><strong>Retirement or Wanting To Downsize</strong></h4>
<p>On the flip side, some homeowners are ready <a href="https://www.simplifyingthemarket.com/2024/09/02/could-a-55-community-be-right-for-you/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">to downsize</a>. This could be due to children moving out, retirement, or simply wanting less to maintain.</p>
<p>If you’re newly retired and dreaming of a simpler lifestyle, downsizing to a <a href="https://www.simplifyingthemarket.com/2024/09/18/the-latest-builder-trend-smaller-less-expensive-homes/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">smaller home</a> could free up both time and resources to enjoy this new chapter of life.</p>
<h4><strong>Changes in Relationship Status</strong></h4>
<p>Big changes like divorce, separation, or marriage often lead to a need for new living arrangements. </p>
<p>If you just went through a divorce, selling the house you once shared may allow both of you to move forward and find a living situation that works better for you now.</p>
<h4><strong>Health and Mobility Needs</strong></h4>
<p>Health concerns, especially those that affect mobility, can also drive the decision to sell. A home that once worked well might no longer suit your needs.</p>
<p>If this sounds like your experience right now, selling your current home to move into a more accessible space, or even using the proceeds for assisted living, could significantly improve your quality of life.</p>
<h3>Bottom Line</h3>
<p>Selling your home isn’t just about market conditions or mortgage rates—it’s also about making the best decision for your lifestyle and future. As <em>Bankrate</em> says:</p>
<p></p>
<blockquote><p><em>“Deciding whether it’s the right time to sell your home is a very personal choice. There are numerous important questions to consider, both financial and lifestyle-based . . . Your future plans and goals should be a significant part of the equation.”</em></p></blockquote>
<p> </p>
<p>If a major life change has you thinking about moving, now might still be the right time to sell. Work with a trusted real estate professional to help you navigate the process.</p>
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