Are you unsure whether to sell your house now or wait? It’s a common dilemma, especially here in Conejo Valley, but consider this: your lifestyle might be the most significant factor in your decision. While financial aspects are important, personal motivations for moving could be reason enough to take the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) provides valuable insights into why homeowners like you choose to sell. Notably, all of the top reasons are tied to life changes. As the graph below shows:

As the visual shows, the biggest motivators were the desire to be closer to friends or family, outgrowing their current house, or experiencing a significant life change like getting married or having a baby. The need to downsize or relocate for work also made the list.

If, like the homeowners in this report, you find yourself needing features, space, or amenities your current home in Conejo Valley can’t provide, it might be time to talk to a real estate agent about selling your house. Your needs matter. A knowledgeable agent from Lydia Gable Realty Group can guide you through your options and help you understand the current Conejo Valley market, allowing you to make a confident decision based on what matters most to you and your loved ones.

Your agent will also help you understand how much equity you have and how it can make moving to meet your changing needs easier. As Danielle Hale, Chief Economist at Realtor.com, explains:

“A consideration today's homeowners should review is what their home equity picture looks like. With the typical home listing price up 40% from just five years ago, many home sellers are sitting on a healthy equity cushion. This means they are likely to walk away from a home sale with proceeds that they can use to offset the amount of borrowing needed for their next home purchase.”

Bottom Line
Your lifestyle needs might be the push you need to make a change. If you’re weighing the pros and cons of selling your house in Conejo Valley, let’s have a conversation today. Lydia Gable Realty Group is here to help you every step of the way.