{"id":3688,"date":"2016-10-18T15:15:15","date_gmt":"2016-10-18T22:15:15","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=3688"},"modified":"2016-10-14T12:49:22","modified_gmt":"2016-10-14T19:49:22","slug":"what-really-makes-sellers-want-to-move","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/10\/what-really-makes-sellers-want-to-move\/","title":{"rendered":"What Really Makes Sellers Want to Move"},"content":{"rendered":"

Home owners entering the market are motivated to sell desiring either an upgrade or a downsized home, finds a new survey conducted by realtor.com\u00ae. Home owners looking to move due to retirement or to lower their cost of living were the two biggest increases this year in realtor.com\u00ae\u2019s survey revealing sellers’ top motivations.<\/p>\n

\u201cThis is a good sign that more home owners may be motivated in the year ahead to sell their homes,\u201d writes Jonathan Smoke, realtor.com\u00ae\u2019s chief economist, in a recent column about inventory challenges plaguing markets. \u201cA lack of inventory has been the biggest problem buyers faced for most of the past year.\u201d<\/p>\n

Indeed, in 2014, active inventory at realtor.com\u00ae totaled 2.1 million residential listings. In August of this year, however, active inventories have plummeted to 1.7 million active listings, a drop of more than 8 percent.<\/p>\n

Realtor.com\u00ae recently identified the following top motivators for selling, including:
\n\u2022 They want a different neighborhood : 42%
\n\u2022 They need a bigger home : 21%
\n\u2022 They need a home with different features : 21%
\n\u2022 They need a smaller home : 19%
\n\u2022 They want a location with better weather\/view\/lifestyle : 19%
\n\u2022 They need to lower their cost of living : 19%
\n\u2022 They are getting ready to retire or just retired : 15%<\/p>\n

But even when home owners want to sell, they may not be able to. Home owners reported the top impediments to selling were their perception of having to make improvements to their home first and the concern over finding a new property to purchase before selling. Sellers expressed concern about the dearth of homes for sale that make it difficult to find a new home.<\/p>\n

What Really Makes Sellers Want to Move<\/a> by RealtorMag<\/p>\n","protected":false},"excerpt":{"rendered":"

Home owners entering the market are motivated to sell desiring either an upgrade or a downsized home, finds a new survey conducted by realtor.com\u00ae. 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