Thursday, March 6, 2025 / by Dick Keenan
Are These Common Home Seller Concerns Holding You Back?
Many homeowners hesitate to sell because they have unanswered questions that create doubt. Often, these concerns are based on misconceptions rather than facts. The truth is, speaking with an experienced agent can help clear up these uncertainties and show that they don’t have to be barriers to your next move.
If you're feeling uncertain, now is the time to get the real answers you need. To make things easier, here’s the data that addresses some of the most common questions homeowners have.
1. Is it a Good Time to Sell?
If you already own a home, you may be reluctant to sell because you're worried about taking on a higher mortgage rate for your next home. However, your current home’s value may have increased significantly, which could make your move more affordable than you think.
Take a moment to think about any recent home sales in your neighborhood. Did you notice how much homes have sold for? With home values climbing in recent years, you might be surprised at how much equity you’ve gained. According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), the average homeowner has gained $147,000 in housing wealth over the past five years alone. This increase can provide the financial boost you need for your next move.
2. Will I Be Able to Find a Home I Like?
This concern likely comes from remembering how difficult it was to find a home in recent years. The good news? The market has improved.
Inventory levels have increased by nearly 25% compared to last year, according to Realtor.com. While inventory is still below pre-pandemic levels, there are more options now than there have been in a while. Experts predict inventory will grow another 10-15% this year, giving you more choices and the best chance in years to find a home that fits your needs.
3. Are Buyers Still Active in the Market?
You may also be wondering if people are still buying homes in today’s market. While the number of home sales was lower last year, there were still 4.24 million homes sold (not including new construction) according to the NAR. And experts expect this number to rise in 2025.
To put it into perspective:
- 4.24 million homes sold ÷ 365 days = 11,616 homes sold each day
- 11,616 homes ÷ 24 hours = 484 homes sold every hour
- 484 homes ÷ 60 minutes = 8 homes sold every minute
Just think about that: while you’ve been reading this, 8 homes have sold. The market is far from stagnant, and there are still plenty of buyers looking for homes like yours.
Bottom Line
When you’re ready to discuss your concerns and get the real answers, I’m here to help. In the meantime, what’s holding you back from making your move? Let’s work together to find the best solution for you.