Selling a home is often a major decision, and there are various motivations behind it. According to recent data, here are the top reasons for selling:
1. To move closer to family (21%)
2. Need bigger space (11%)
3. They love their rate, but not their house
4. Upgrade the neighborhood
5. Want a vacation home (active retirement or work from home)
6. Lots of equity/lots of choice
7. Legacy real estate (Trillions of Net Wealth Transfer)
8. Need to downsize
9. Out of area relocation (20%)
10. Change in work or life
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379