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    Lake Lanier Homes for Sale | Sheila Davis Group -The Norton Agency | Leading Lake Lanier Real Estate AgentsLake Lanier Homes for Sale | Sheila Davis Group -The Norton Agency | Leading Lake Lanier Real Estate Agents

    LAKE LANIER REAL ESTATE – We are the #1 Lake Lanier Realtors, 20 Years selling Lake Lanier Homes for Sale - We help both Buyers and Sellers, Call today for a no-obligation home consultation 770-235-6907. Top Lake Lanier Real Estate, LakeLaniersFinest.com, Leading Agents Lake Lanier

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    The Top Reasons for Selling Your House

    Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming down from last year’s peak, they’re still higher than they were a couple of years ago.
    Today, 93% of outstanding mortgages have a rate at or below 6%. That means a strong majority of homeowners with mortgages have a rate below what they’d get if they moved right now. But if you’re a homeowner in that position, remember that mortgage rates aren’t the only thing to consider when making a move. Your mortgage rate is important, but there are plenty of reasons you may still need or want to move.
    RealTrends explains:
    “Sellers who don’t have to move won’t be moving. The most common sellers will be: Homeowners downsizing . . . people moving to get more space, [households] looking for better schools…etc.”
    So, if you’re on the fence about selling your house, consider the other reasons homeowners are choosing to make a move. A recent report from the National Association of Realtors (NAR) breaks down why homeowners have decided to sell over the past year:
    As the visual shows, the most commonly cited reasons for selling were the desire to move closer to loved ones, followed by moving due to retirement, and their neighborhood becoming less desirable. Additionally, the need for more space factored in, as did a change in household structure.
    If you also find yourself wanting a change in location or needing space your current house just can’t provide, it may be time to sell.
    What you want and need in a home can be reason enough to move.
    Bottom Line
    When deciding whether or not to move, you have a lot to consider. There are plenty of non-financial reasons to factor in. Contact us today to weigh the benefits of selling your house now vs. later or for a no-obligation home evaluation! ☎770-235-6907. The Sheila Davis Group
    source MYKCM 2-6-2023

    Posted in: Buying a Lake home, Featured Posts, Our Blog, Selling your home

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