Some homeowners hesitate to sell because they’ve got unanswered questions holding them back. But more often than not, those concerns are based on misconceptions—rather than facts. A quick conversation with an experienced real estate agent can help put those doubts to rest.
If uncertainty is keeping you from making a move, it’s time to get real answers. To take the pressure off, here are some of the top questions—and the data that answers them—so you can feel confident about your next steps.
1. Is It Even a Good Idea To Move Right Now?
If you already own a home, you may be on the fence about selling because of today’s higher mortgage rates. But this move could be more manageable than you think—largely due to the equity you’ve built.
Think about it: have you seen a neighbor sell recently? If so, were you surprised at how much their house sold for? Home values have risen significantly these past few years. According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), the typical homeowner has gained $147,000 in housing wealth in the last five years alone.
That’s a big boost. When you sell, the equity you’ve built up can help fund your next home purchase and offset concerns about higher rates.
2. Will I Be Able To Find a Home I Like?
If you remember the frenzied market of the past few years, you might worry about not finding the right home. Fortunately, inventory has improved—and that means you’ll have more options now than you would’ve had in the recent past.
Data from Realtor.com shows that inventory is up nearly 25% compared to this time last year:
Year-Over-Year: +24.6% | Pre-Pandemic (2017–2019): -24.8%
Even though we’re still below pre-pandemic levels, experts predict inventory will grow another 10–15% this year. That translates to a wider selection of homes—and a better chance you’ll find one you truly love.
3. Are Buyers Still Buying?
It’s easy to assume that fewer people are looking for homes now, given today’s higher mortgage rates and home prices. But the numbers tell a different story.
Last year, while sales activity slowed compared to normal levels, 4.24 million existing homes still sold, per the National Association of Realtors. And the expectation is that home sales could rise this year. But even if we only match last year’s total, look at how that breaks down:
- 4.24 million homes ÷ 365 days = 11,616 homes sell each day
- 11,616 homes ÷ 24 hours = 484 homes sell each hour
- 484 homes ÷ 60 minutes = 8 homes sell every minute
In the few minutes it took you to read this, multiple homes sold. The market isn’t at a standstill. Every day, thousands of people buy homes—and some are undoubtedly looking for one just like yours.
Bottom Line
It’s normal to have questions about selling your house. But don’t let misconceptions stand in your way—especially if you have a home with equity waiting to be leveraged. When you’re ready to explore your options, let’s connect. I have the answers and the local market insights you need.
In the meantime, what’s holding you back from making your move?
