Reasons Why Home Owners Sell
The following is from an online article by Elizabeth Weintraub…
American home owners sell and move, on average, every five to seven years. Why do home owners move? People who have lived in the same home for the past 30 years may have a hard time understanding this phenomena. They are shocked that people move so often, but I know one thing for certain: Their day to sell and move will come as well.
Here are the top reasons why people sell and move:
- 1) Home is too small. First-time home buyers often outgrow their “starter” homes. Increased family size is the main reason home owners say they need a larger home.
- 2) Upgrade. The grass is greener on the other side. People often want what they don’t have and long for a bigger, more expensive and grander, upscale home. It’s the American way.