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Kate Farley
(917) 463-6605
Associate Broker
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Articles and Advice

6 Signs It's Time To Sell Your Home

Your home has been your safe haven over the years. As much as your home means to you, it's starting to feel like it is time to make a move. So what should you consider when making the decision to sell your home? Here are six signs that it's time to sell.

  1. Nothing Fits
    Are your cupboards so crammed that when you put the dishes away, Tupperware showers down on your head? What about the closet? When was the last time you actually saw the back of that thing? And then there is the issue of walkways. How many times can one adult trip on the way to the bathroom, really? If you've filled every nook and cranny, it's a likely sign you need more space, and you should consider selling your house.

  2. Growing Children
    Babies sure have a lot of stuff, but even those infants with an excess of gear can still comfortably live in a tiny space. As children grow, they need an environment that can expand with them. If you have multiple children sharing the same bedroom or lack the room to run outside, selling your home and upgrading to a larger property may be the right choice for you.

  3. Changing Neighborhood
    Does your neighborhood feel different than it used to? Are there a lot of new neighbors or an excess of empty homes? Changing neighborhoods can be a good indicator that it is time to move. If you find crime increasing and empty homes increasing, this can indicate your property value will continue to drop. It may be a good idea to sell now before your investment drops even lower. In opposite indications, an increase in sales and area improvements can greatly increase your home value. Selling your house in an upswing market can yield a great profit on your loan and allow you to invest in something further up the scale.

  4. City Real Estate Market
    How hot is the market in your city? If you answered like "Seattle or San Francisco," you can likely guarantee a quick and lucrative sale. Other areas may not be moving so fast. When selling your home, it's important to consult the real estate stats in your area. You can check online or ask your local real estate agent.

  5. Interest Rates
    Low-interest rates indicate a good time for selling your home. Low-interest rates will allow you a great rate on obtaining a new mortgage as well as entice buyers to your property at an affordable value. Low interest may not be a lasting option, so it's important to consult market experts online and in person to see your area market forecast.

  6. It's Your Choice
    All the data in the world can't make the final decision for you. Selling your house will always depend on your timeline. Don't let someone else rush you if you don't feel ready. If you're unsure, however, the best idea is to consult a local real estate agent to find out your home's current value.

Understanding your market, pricing, and new homeowner options will simplify your decision and help ensure you live in a home you will enjoy for years to come.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/06/2022. The listing information on this page last changed on 10/06/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Brooklyn MLS (last updated Thu 10/06/2022 11:21:27 PM EST) or Fillmore MLS (last updated Wed 07/22/2020 6:02:07 PM EST) or OneKey MLS (last updated Thu 10/06/2022 10:43:01 PM EST) or Staten Island MLS (last updated Thu 10/06/2022 11:22:17 PM EST). Real estate listings held by brokerage firms other than Fillmore Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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