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The biggest challenge the housing market’s facing is how few homes there are for sale.
One factor holding back potential sellers is the fear of not finding another home to buy if they move. Worrying about where they’ll go has left many on the sidelines as they wait for more homes to come to the market. That’s why, if you’re on the fence about selling, it’s important to consider your options, which include newly built homes.
What Does This Mean for You?
This fear is keeping the supply of homes for sale lower than pre-pandemic levels. But if you want to sell your house, today’s market can work to your advantage.
Be sure to work with a local real estate professional to explore the options you have right now, which could include leveraging your current home equity.
Work with a local real estate expert to learn how putting your equity to work can keep the cost of your next home down.