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 moving due to retirement came in as a close second and third.
Have you outgrown your current house? Are you a homeowner who can relate to wanting to be closer to family and friends? Is your house becoming a burden to clean now that the kids have moved out?
Bottom Line
Let’s get together to set you on the path to selling your current house and finding the home that fits your needs, today!
Author: Monica Foster
"Love your work and you'll never work a day in your life" . . . for me, that statement says it all. I love what I do, helping others achieve their real estate goals with honesty, integrity and responsiveness. I am not just a real estate agent, I am a BROKER Associate, Certified Residential Specialist, Accredited Buyer Representative, Certified Home Marketing Specialist, Certified New Homes Specialist, Certified Distressed Property Expert, and Certified Negotiation Expert with RE/MAX Space Center and a REALTOR® - a member of the National Association of Realtors (NAR). This means I work to a higher standard of education and professionalism that translates to an extra level of service for my clients. I closed over 100 transactions in 2013 and have received the Five Star Real Estate Agent award, a honor bestowed upon 7% of area realtors. Also, I have been featured in Forbes Magazine, Top Agent Magazine, Homes and Land Magazine, and I received the RE/MAX Hall of Fame award for career production. I also like to give back to the community and help others. I am a frequent contributor and sponsor for various charities including the Homes for Heroes Foundation, Communities in Schools Bay Area, March of Dimes, Children's Miracle Network, Kid's Wish Foundation, Susan G. Komen Foundation, Happy Hill Farm Academy, and the Make-A-Wish Foundation.
