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What Would Make You Sell?
There are many reasons to sell your house, yet, the inventory is staying low. In our area, we have a 2-3 month supply. More people are staying put, even with a booming economy. We know there are plenty of buyers but now enough homes and we cannot satisfy demand through new construction alone, which eliminates many buyers due to new home prices.
The article below contains a link for a survey done through NAR called Generational Trends Report asking why people moved.
 
What Would Make You Sell Your House? There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving.
The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). Relocating for a job was the top reason for those ages 54 to 63 and the second most popular response for those under 53. The chart below shows the breakdown for these two reasons.

For homeowners over the age of 64, wanting to be closer to friends and family served as the top motivator to move. Downsizing to a smaller home or ... more

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