If you’re approaching retirement or have already retired, it’s time to evaluate if your current home aligns with the next chapter of your life.
1. How Long Have You Been in Your Home?
Traditionally, homeowners moved every six years, but recent trends show people staying longer. Life changes, and your home may need to adapt. Evaluate if your current home still meets your evolving needs.
2. Check Your Home Equity
Over the years, your home likely gained substantial equity. National data reveals that, on average, a homeowner who’s been in their house for five years saw a 60% increase in value. Leverage this equity for your next move.
3. Retirement Goals and Homeownership
Whether you’re downsizing, relocating, or getting closer to loved ones, your home equity can play a crucial role in achieving your retirement goals. A trusted Real Estate Agent can guide you through the process.
Planning to make a move this 2024? Don’t hesitate to message us anytime @Shea Preferred Realty
