Are You Asking Yourself These Questions About Selling Your House?
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Selling your home can feel overwhelming, especially if you're stuck on unanswered questions. But what if the things holding you back aren’t as big of a deal as you think? Let’s bust some common seller misconceptions and get you the real answers you need to make a confident move.
1. Is It Even a Good Idea To Move Right Now?
If you own a home, you might be hesitant to sell because you’re worried about taking on a higher mortgage rate on your next house. But here’s what you might be overlooking: your home equity.
According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), the typical homeowner has gained $147,000 in equity over the last five years. That’s a significant financial boost that could help fund your next move—whether it’s a larger home, downsizing, or relocating.
👉 Curious about Baltimore’s market trends? Check out Why Now Is the Perfect Time to Sell Your House in Baltimore.
2. Will I Be Able To Find a Home I Like?
If you remember the past few years, you know how tough it was to find a home. But the good news? Inventory is improving.
Recent data from Realtor.com shows that home listings are up 24.6% year-over-year—meaning there are way more homes to choose from now than last year. While inventory is still lower than pre-pandemic levels, experts predict it will continue to increase by another 10-15% this year.
📊 Take a Look at the Data:
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That’s great news for sellers who are also buyers—more options mean a better chance of finding a home you truly love.
3. Are Buyers Even Buying Right Now?
Short answer? Yes.
Even with today’s mortgage rates, buyers are still actively purchasing homes. In fact, in 2023 alone, 4.24 million existing homes sold (not including new construction). That breaks down to:
🏠 11,616 homes sold per day
⌛ 484 homes sold per hour
⏳ 8 homes sold every minute
So while the market may not be as intense as it was during the pandemic, homes are still selling every single day—and yours could be next.
Final Thoughts: What’s Holding You Back?
If you’ve been on the fence about selling, the key is to get the facts and talk to an expert who can guide you through your options. Whether it’s understanding your home equity, finding the right next home, or navigating today’s buyer demand, I’m here to help.
💬 Let’s chat! What’s your biggest concern about selling your home?
👉 Also, check out The Best Time To Sell Your House Is When Others Aren’t Selling for more insights on timing the market just right.
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