{"id":5798,"date":"2025-06-18T10:47:22","date_gmt":"2025-06-18T10:47:22","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/06\/18\/why-more-sellers-are-choosing-to-move-even-with-todays-rates\/"},"modified":"2025-06-18T10:47:22","modified_gmt":"2025-06-18T10:47:22","slug":"why-more-sellers-are-choosing-to-move-even-with-todays-rates","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/06\/18\/why-more-sellers-are-choosing-to-move-even-with-todays-rates\/","title":{"rendered":"Why More Sellers Are Choosing To Move, Even with Today\u2019s Rates"},"content":{"rendered":"\n
\"Why\n

It\u2019s hard to let go of a 3% mortgage rate. There\u2019s no question about it. It\u2019s the main reason<\/a> why so many homeowners have delayed their move in recent years. But here\u2019s something to consider.<\/p>\n

While your low rate might be ideal, it doesn\u2019t make up being too cramped, having a staircase your knees can\u2019t handle anymore, or being 1,000 miles from your family.<\/strong> And those real-life needs are pushing more sellers off the fence despite today\u2019s rates.<\/p>\n

Data shows<\/a> the share of homeowners with a mortgage rate below 3%<\/a> is dropping as more people move. And, as a result, the share of homeowners taking on a mortgage rate above 6% is rising, too (see graph below<\/em>):<\/p>\n

<\/strong><\/h4>\n

The Biggest Reasons People Are Moving Right Now<\/strong><\/h4>\n

Why are some homeowners willing to take on a higher rate? <\/strong>A survey from Realtor.com <\/em>helps shed light on that. It shows <\/strong>79%<\/strong><\/a> of homeowners considering selling today are doing it out of necessity. <\/strong>And that same survey says most of the necessary reasons people are moving are non-financial in nature (see graph below<\/em>):<\/p>\n

\"a<\/a>Do any of these reasons resonate for you, too?<\/p>\n