Is It Time for You to Move? Watch for These 3 Signs

Birmingham Real Estate Podcast

There are three key signs you should watch for to know if it’s time for you to move.

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Is it time for you to move? If you’re unsure, here are three signs to look out for. The first is how your home’s space affects you. Maybe you’re feeling a little cramped because your family has gotten bigger or your kids are getting older and space is tighter inside your house than it used to be. Buying a new house can be a great upgrade in terms of space. It’s also possible that you have too much space and you need to downsize so you don’t have as much maintenance to keep up with or utility costs to cover. The second sign it might be time to move is your financial situation has changed. Maybe you’ve gotten enough promotions over the years that you’re ready to upgrade to the home you’ve been dreaming of. You might also be thinking of retiring and how that will affect your financial situation.

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You may either have too much or too little space in your current home.

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Another aspect to think about in terms of your financial situation is the market itself. Many experts (including myself) believe we’re heading toward a market peak, so you might be in position to cash-out a large chunk of equity. The third sign is you want to register your kids into a different school system. We all have different motivations behind which school systems we want our kids in, so if you’re like me and your kids are in their school-age years, this might factor into your decision. If you have any more questions about this topic or you’re still unsure whether it’s time for you to move, don’t hesitate to call or email me anytime. I’d love to speak with you.