Home Sellers, Home Buyers

Are you contemplating putting your home on the market this year? Before you make that decision, it’s crucial to understand what’s driving your desire to move. A recent survey conducted by Realtor.com delved into the motivations behind why people are considering selling their homes. Let’s explore the top two reasons people are looking to sell in 2024 and see if they resonate with your own circumstances.

To Make a Profit

If the idea of selling your house is floating around in your mind, chances are you’re curious about the financial implications. Well, here’s some encouraging news – recent data indicates that most sellers are enjoying substantial returns on their investments. According to ATTOM, a property data provider:

    “. . . home sellers made a $121,000 profit on the typical sale in 2023, generating a 56.5 percent return on investment.”

    This statistic is nothing to scoff at. And one significant contributing factor to this profit surge has been the remarkable increase in home prices during the pandemic. The combination of heightened buyer demand and limited housing inventory propelled prices to unprecedented levels.

    While the pace of home price appreciation has slowed down somewhat, prices are still on the rise. This continued upward trend spells good news for your financial bottom line. Any profit you make from selling your current home can serve as a valuable buffer against the affordability challenges prevalent in today’s housing market when you seek to purchase your next property.

    If you’re curious about your home’s current market value and the prevailing price trends in your area, contact the Top Shelf Group for a Free Market Evaluation.

    For Family Reasons

    Perhaps your decision to sell stems from a desire to be closer to your loved ones, whether it’s to assist in the care of older family members or simply to foster stronger familial bonds by being nearby for special occasions like birthdays and holidays.

    Selling your current residence and relocating closer to those who matter most to you can facilitate stronger connections and alleviate the strain of distance. If geographical separation is causing you to miss out on significant milestones in the lives of your loved ones, it may be time to engage the services of a local real estate agent to help you find a suitable home in proximity to your family. The National Association of Realtors (NAR) emphasizes:

    “A great real estate agent will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget.”


    If the thought of selling your house has been occupying your thoughts lately, chances are there’s a compelling reason behind it. Why not initiate a conversation with a Top Shelf Group real estate agent? We possess the expertise to assist you in making the right move to achieve your goals in 2024.  Reach out to us at 717-537-5377 for a successful and fulfilling home selling journey.