Things to Consider When Selling Your House Fall 2025

Are You Asking Yourself These Questions About Selling Your House?

Homeowners contemplating a sale should consider key questions about the current market and their personal circumstances.

• Many homeowners are hesitant to sell due to concerns about higher mortgage rates.
• Home values have significantly increased, with homeowners gaining an average of $140,900 in housing wealth over the last five years.
• Inventory levels have risen, providing more options for buyers, with a 16.9% increase in homes for sale compared to last year.
• Despite higher rates, approximately 4.03 million homes are expected to sell this year, averaging about 11,000 sales per day.

What Every Homeowner Needs To Know in Today’s Shifting Market

Understanding the current housing market dynamics is crucial for sellers to capitalize on opportunities.

• The housing market is stabilizing, with inventory levels returning to normal.
• Sellers must price their homes competitively, as 20.6% of sellers are reducing their asking prices.
• Flexibility in negotiations is essential, with 44.4% of sellers offering concessions to attract buyers.
• Working with a knowledgeable real estate agent is vital to navigate the changing market conditions.

Housing Market Forecasts for Rest of 2025

Experts predict a moderate housing market with stable prices and mortgage rates for the remainder of 2025.

• Home prices are expected to rise nationally, but at a slower pace, with forecasts ranging from 1.0% to 3.4% growth.
• Mortgage rates are projected to remain steady in the mid-6% range, with no significant drops anticipated.
• Local market conditions will vary, so homeowners should consult professionals for specific trends in their area.

Why More Sellers Are Choosing To Move, Even with Today’s Rates

Despite the allure of low mortgage rates, many homeowners are motivated to sell due to personal needs.

• 79% of homeowners considering selling are doing so out of necessity rather than financial reasons.
• Common motivations include needing more space (46%), downsizing (25%), and relocating for family or work (18%).
• The share of homeowners with mortgage rates below 3% is decreasing, while those taking on rates above 6% is increasing.

How Home Equity May Help You Buy Your Next Home in Cash

Home equity is a significant asset for homeowners, providing opportunities for cash purchases or larger down payments.

• Home equity is the difference between a home's value and the remaining mortgage balance.
• Over two-thirds of homeowners have at least 50% equity in their homes, with the average homeowner holding over $302,000 in equity.
• The share of all-cash buyers has reached a new high at 26%, allowing some to purchase homes outright without a mortgage.

A Checklist for Selling Your House

Preparing your home for sale involves several key steps to enhance its appeal and value.

• Make your home inviting by letting in natural light and decluttering.
• Show that the home is well-maintained by cleaning and fixing any issues.
• Boost curb appeal through landscaping and exterior cleaning.

Why More Sellers Are Hiring Real Estate Agents Today

The trend of homeowners selling without agents is declining as more recognize the value of professional assistance.

• The percentage of homeowners selling without an agent has hit an all-time low of 6%.
• Many homeowners lack confidence in their decision to sell independently, with 75% expressing doubts.
• Real estate agents provide expertise in pricing, legal documentation, and marketing, which are crucial in a shifting market.

Key Reasons To Hire an Agent When You Sell

Engaging a real estate agent offers numerous advantages that can facilitate a successful sale.

• Agents possess industry experience and knowledge of market trends.
• They assist in accurately pricing homes and understanding market value.
• Agents have marketing tools and networks to attract potential buyers.
• They help navigate contracts and negotiations, ensuring a smoother transaction process.