Are you retiring soon? There are reasons why moving might be the perfect next step. If you are thinking about retirement or retiring soon, it's a good time to consider if your current house is still a good fir for the next chapter in your life. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about as you decide whether or not to sell and make a move. From 1985 to 2008, the average length of time homeowners typically stayed in their homes was only six years according to the National Association of Realtors. However the numbers are rising as we speak, many homeowners are living in their homes even longer. Click on link to learn more about reasons homeowners sell /REASONS-HOMEOWNERS-SELL---32819---32836---Dr-Phillips-6-25922.html
From 2009 through 2023 the average number reported was 9.2 years. When you live in a home for a significant period of time, it's natural for you to experience a number of changes in your life while you are in that house. As those life changes and milestones happen, your needs may change. And if your current home no longer meets your current lifestyle, you may have better options waiting for you.
Additionally, you have been in your house for more than a few years, you've likely built-up significant equity that can seriously fuel your next move. That is because the longer you have been in your house, the more it has likely grown in value due to home price appreciation. Click link to learn more about home price appreciation and depreciation /HOME-PRICE-APPRECIATION-AND-DEPRECIATION---32819---32836---Dr-Phillips-6-23079.html
This was because the pandemic season home values took upward leverage as the mortgage interest rates plunged to the lowest in history. This caused a boom in home sales that caused a housing shortage. Consider retirement goals, whether you are looking to downsize, relocate to a dream destination or simply be closer to love ones, your equity can be a key to realizing your new homeownership goals. Whatever your home goals are a trusted real estate agent and advisor can work with you to find the best option and guide you through the process. Retirement can bring major changes in your life, including what you need from your home.
As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida, for the sale or purchase of your home. In the absence of trustworthy information whether it's a housing crisis or local housing market, real estate decisions are increasingly driven by fear, doubt and uncertainty. We as trusted advisors drive the real estate community to ensure you are making the right decision.
Part of my job is to keep you informed and educated about the local housing trends, to include common terms and videos. It is important to keep up to date on the housing market, don't get confused with the media, they talk national data, I can provide the most up to date local area data when it comes to making crucial real estate decisions.
So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact Kevin Strawter at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Referrals always welcome.