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Mortgage pressure not likely to unhouse many homeowners

    Home Uncategorized Mortgage pressure not likely to unhouse many homeowners

    Mortgage pressure not likely to unhouse many homeowners

    By Adamas Financial | Uncategorized | 0 comment | 21 July, 2024 | 0

    A new survey reveals that downsizing, upsizing, and relocating are the main reasons homeowners consider selling. Market timing is crucial for achieving desired sale prices, according to 23% of respondents. Financial strain is a less common reason for selling, with only 11% citing unmanageable mortgage payments. Downsizing is the top reason at 37%, followed by upsizing and relocation at 25% each. Market timing is considered the most important factor for selling, followed by renovations and finding a good realtor.

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