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Las Vegas Real Estate Blog

Falling out of Love with Your House? It May Be Time To Sell your home.

Time to Sell your home - couple pondering sale

Best Time to Sell your home and move to Las Vegas

Time to Sell your home - couple pondering sale
Time to Sell your home – couple pondering sale

Time to sell your home – Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.

According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. If you’ve been in your home for a while, think about how much in your life has changed since you moved in. Even if you thought it would be your forever home when you bought it, it doesn’t have to be. Work with a local real estate agent to explore all your options in today’s market before settling for your current home.

That’s actually what a lot of homeowners are doing right now. A recent survey from Realtor.com finds that, of people who are considering selling in 2023, one in three are thinking about moving because their home no longer meets their needs. And according to the same report from NAR, that’s consistent with this year’s top reasons for selling, which include:

  • Want to move closer to friends or family
  • Moving due to retirement
  • Home is too small or too large
  • Change in family situation
  • Job relocation

If things in your life have changed, it may be time to make a move. And there’s good news: it’s still a great time to sell. Here’s why.

We’re in a strong sellers’ market. That means homes listed at market value and in good condition are getting attention from buyers and selling quickly. Lean on your expert real estate advisor for the best advice on getting your house ready to sell.

Your equity can power your next move. There’s a good chance you have a significant amount of equity right now thanks to record levels of price appreciation in recent years. When you sell, you can use that equity to help afford your next home. In fact, NAR’s report from above shows 38% of recent buyers used the money from the sale of their previous home to cover the down payment on their next one. Work with a local real estate agent to learn how much equity you have and what you can do with it in today’s housing market.

Time to Sell your home – Bottom Line

In summing up, when it’s the ‘time to sell your home’, it’s also the time to consider your dreams, needs, and future. This time could mark a unique and exciting chapter in your life, as you transition from a home that no longer meets your needs, towards the prospect of a new house that aligns better with your current lifestyle and aspirations.

Indeed, understanding when it’s the ‘time to sell your home’ is often a deeply personal decision, hinging on various factors from changing family circumstances to shifting personal preferences. Perhaps your home has grown too large with an empty nest or maybe too small with a growing family. Or maybe you desire a different location, more amenities, or a different lifestyle. Whatever the reason, when it’s the ‘time to sell your home’, it opens up a world of opportunities for you.

However, as the premier experienced real estate agent in Las Vegas, I must stress that knowing it’s the ‘time to sell your home’ is just the first step. The process that follows requires careful planning, strategic decisions, and professional expertise, which is where I come in. With my deep understanding of the Las Vegas real estate market, I am equipped to guide you through every stage of this journey, making it as smooth, efficient, and successful as possible.

In conclusion, when it’s the ‘time to sell your home’, it’s also the time to reach out to a professional who can facilitate this transition effectively. So, if you’re considering selling your home and seeking your dream house, let’s connect. I’d be delighted to help you explore your options and strategize the best way forward. Your dream home could be just a decision away, and I am here to make that dream a reality.

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