Don’t Let These Two Concerns Hold You Back from Selling Your House
### Ready to Sell Your Home? Here’s What You Need to Know
If you’re considering selling your home in **Greater Cincinnati, Northern Kentucky, or Southeast Indiana**, you might feel uncertain about whether now is the right time. Questions like, *”Is moving a good idea in today’s market?”* or *”Will I find a home I love?”* can weigh heavily on your decision-making process. Let’s tackle these concerns head-on and provide clarity.
—
### **Is It a Good Idea to Move Right Now?**
If you already own a home, you might hesitate to sell because of rising mortgage rates. However, your decision to move could be more achievable than you think, thanks to your **home equity**.
Equity is the difference between your home’s current market value and what you owe on your mortgage. Over the past few years, home prices have appreciated significantly, boosting your equity. How much are we talking about? Dr. Selma Hepp, Chief Economist at CoreLogic, shares:
> *“Persistent home price growth has continued to fuel home equity gains for existing homeowners who now average about $315,000 in equity and almost $129,000 more than at the onset of the pandemic.”*
Here’s why this matters:
– Your equity can provide a substantial down payment on your next home.
– It may reduce the amount you need to finance, even at today’s rates.
– In some cases, you might even purchase your next home in cash, avoiding mortgage rates altogether.
**Bottom Line:** Your equity could be the key to confidently moving forward.
—
### **Will I Be Able to Find a Home I Love?**
If you’re worried about finding a home you like, it’s likely because you remember the tight inventory of the past few years. But today, the landscape is shifting.
The number of **homes for sale** has grown, giving you more options. According to data from Realtor.com, inventory has increased nearly 30% year-over-year. While inventory is still below pre-pandemic levels, it’s higher than it’s been in recent years, creating a sweet spot for both buyers and sellers.
That said, local market conditions vary. For the best insights, work with a trusted real estate agent who understands trends in **Greater Cincinnati, Northern Kentucky, and Southeast Indiana**.
Don’t Let These Two Concerns Hold You Back from Selling Your House—
### **Why Work With a Local Real Estate Agent?**
Navigating the real estate market—whether you’re buying or selling—requires up-to-date data and personalized insights. A local agent can provide:
– Market trends specific to your area.
– Guidance on pricing your home to stand out.
– Strategies to find the right home for your needs.
—
**Thinking of selling your home or searching for homes for sale?** Don’t let uncertainty hold you back. Contact a local real estate expert today to turn your goals into reality.