Deciding whether to sell your home used to be a fairly easy decision. Do you want to move to another house? Yes? OK, then go ahead and list your home on the market!
These days, you have to consider a lot more than just your desire to get a bigger place or relocate to a new town. You must consider, first, whether anyone will actually want to buy your home. Then you have to determine whether its current market value is high enough to allow you to move, or if it will make you feel comfortable with what you’ll net from the sale.
If you decide your home’s current value is too low to make it worth your while to sell, the good news is that you have another option. The rental market has really started heating up, and you may find that renting your home is a good interim option—you can move now, but sell later, when property values come up.
