What's Motivating Your Move?

What's Motivating Your Move?




Thinking about selling your house? As you make your decision, consider what's pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below):

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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.

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. If the distance is making you miss out on some big milestones in their lives, it might be time to talk to a local real estate agent to find a place close by. 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. Let’s talk so you have help making the right move to reach your goals this year.

86 Properties
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$785,000
Neighborhood: Port Charlotte Sec 093
3
Beds
2
Baths
1,857
Sq.Ft.
2002
Year Built
1
Day on Site
C7492807
MLS
$800,000
Neighborhood: Punta Gorda Isles Sec 23
3
Beds
2F11/2
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2,567
Sq.Ft.
2019
Year Built
3
Days on Site
C7492744
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Open 5/19
2100 Timucua Trl Nokomis,  FL 34275
$727,500
Neighborhood: Calusa Lakes
3
Beds
2
Baths
2,024
Sq.Ft.
1994
Year Built
4
Days on Site
N6132943
MLS
$659,000
Neighborhood: Punta Gorda Isles Sec 23
3
Beds
2
Baths
2,054
Sq.Ft.
2023
Year Built
5
Days on Site
C7492665
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$575,000
Neighborhood: Venetian Golf & Riv Club Ph 7
3
Beds
2
Baths
2,044
Sq.Ft.
2013
Year Built
5
Days on Site
N6132942
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Open 5/26
8889 Enclave Ct Sarasota,  FL 34238
$1,200,000
Neighborhood: Enclave At Silver Oak
3
Beds
2F11/2
Baths
3,080
Sq.Ft.
2004
Year Built
5
Days on Site
N6132945
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$1,895,000
Neighborhood: Siesta Estates
6
Beds
5F11/2
Baths
3,924
Sq.Ft.
2000
Year Built
6
Days on Site
C7489324
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$599,990
Neighborhood: Kings Xing
3
Beds
2F11/2
Baths
2,359
Sq.Ft.
2002
Year Built
7
Days on Site
C7484269
MLS
$525,000
Neighborhood: Port Charlotte Sec 87
4
Beds
2
Baths
2,339
Sq.Ft.
2016
Year Built
11
Days on Site
C7491967
MLS
$599,000
Neighborhood: Port Charlotte Sec 036
4
Beds
3
Baths
1,940
Sq.Ft.
1961
Year Built
11
Days on Site
C7492092
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$619,900
Neighborhood: Venice Palms Ph 1
3
Beds
2F11/2
Baths
1,894
Sq.Ft.
2005
Year Built
16
Days on Site
D6136399
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$599,900
Neighborhood: Punta Gorda Isles Sec 23
4
Beds
2
Baths
2,196
Sq.Ft.
2021
Year Built
18
Days on Site
C7492156
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