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Article published by Zillow this week:
Twenty-two percent of homeowners currently have their home listed for sale or are considering selling their home within the next three years, according to data collected by Zillow in March. Respondents said a large motivator was the decreasing affordability of their current home.
- 32% stated that they could no longer afford their home, compared to 17% in Q1 2023.
- 44% reported not wanting to be responsible for repairs and maintenance, compared to 37% last year.
- Almost six in 10 homeowners intending to sell are more optimistic about financial gains in a home sale this quarter than last.
- 49% think they’ll get more money now than in the future.
Are you ready to sell?? Contact me about the market and the changes with real estate.
