Who's selling and who's not selling real estate right now?

Posted by Dan Miller, REALTOR on Tuesday, February 21st, 2023 at 5:57am.

Who's selling? 

Right now we're seeing most of our sales centered around major life changes. Changes like downsizing into a smaller home and relocating to a new city. And unfortunately, events like death and divorce, too. 

And who's not selling? 

We aren't seeing as many "move-up" sellers as we have in the past. These are the people who are outgrowing their current home and wanting to move up to a larger one. We're learning that many of these folks are choosing to stay put for now, as they consider the impact of higher mortgage rates on their monthly budget.

What's your motivation to sell?

And what questions do you have about the market? Our team is always available for an open and honest conversation, and never with any sales pressure or spin. We're here when you need us this year, and we'll be here over the long run, too.

This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711

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