{"id":5438,"date":"2025-02-17T11:30:00","date_gmt":"2025-02-17T11:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/02\/17\/are-you-asking-yourself-these-questions-about-selling-your-house\/"},"modified":"2025-02-17T11:30:00","modified_gmt":"2025-02-17T11:30:00","slug":"are-you-asking-yourself-these-questions-about-selling-your-house","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/02\/17\/are-you-asking-yourself-these-questions-about-selling-your-house\/","title":{"rendered":"Are You Asking Yourself These Questions About Selling Your House?"},"content":{"rendered":"\n
\"Are\n

Some homeowners hesitate to sell because they\u2019ve got unanswered questions that hold them back. But a lot of times their concerns are based on misconceptions, not facts. And if they\u2019d just talk to an agent about it, they\u2019d see these doubts aren\u2019t necessarily a hurdle at all.<\/p>\n

If uncertainty is keeping you from making a move, it\u2019s time to get the real answers. The ones you deserve. And to take the pressure off, you don\u2019t have to ask the questions, because here\u2019s the data that answers them.<\/p>\n

1.\u00a0Is It Even a Good Idea To Move Right Now?\u00a0<\/strong><\/h4>\n

If you own a home already, you may be tempted to wait because you don\u2019t want to sell and take on a higher mortgage rate on your next house. But your move may be a lot more feasible than you think, and that\u2019s because of how much your house has likely grown in value.<\/p>\n

Think about it. Do you know anyone in your neighborhood who\u2019s sold their house recently? If so, did you hear what it sold for? With how much home values<\/a> have gone up in recent years, the number may surprise you. According to Lawrence Yun, Chief Economist at the National Association of Realtors<\/em> (NAR), the typical homeowner has gained <\/strong>$147,000<\/strong><\/a> in housing wealth in the last five years alone.<\/strong><\/p>\n

That\u2019s significant \u2013 and when you sell, that can give you what you need to fund your next move.<\/p>\n

2.\u00a0Will I Be Able To Find a Home I Like?\u00a0<\/strong><\/h4>\n

If this is on your mind, it\u2019s probably because you remember just how hard it was to find a home over the past few years. But in today\u2019s market, it isn\u2019t as challenging.<\/p>\n

Data<\/strong><\/a> from Realtor.com <\/em>shows how much inventory has increased \u2013 it\u2019s up nearly 25% compared to this time last year (see graph below<\/em>):<\/strong>\u00a0<\/p>\n

\"a<\/a>Even though inventory is still below more normal pre-pandemic levels, it\u2019s improved a lot in the past year. And the best part is, experts<\/a> say it\u2019ll grow another 10 to 15%<\/a> this year. That means you have more options for your move \u2013 and the best chance in years to find a home you love.<\/p>\n

3. Are Buyers Still Buying?<\/strong><\/h4>\n

And last, if you\u2019re worried no one\u2019s buying with rates and prices where they are right now, here\u2019s some perspective that can help. While there weren\u2019t as many home sales last year as there\u2019d be in a normal market, roughly 4.24 million homes still sold (not including new construction), according<\/a> to the National Association of Realtors<\/em> (NAR). And the expectation is that number will rise in 2025. But even if we only match how many homes sold last year, here\u2019s what that looks like.<\/p>\n