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Considering selling my home, but is the market cooling off?

real estatehousing marketselling home
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Mark_Pro
Joined:
05.01.2024
Posts: 521
Topic Starter
27.01.2025 04:34
My family has outgrown our current three-bedroom house, and we've been thinking about listing it to upgrade to something larger. However, I keep reading conflicting reports about interest rates and whether home values are finally starting to dip in our area. I'm worried that if we sell now, we might struggle to find an affordable replacement property in this economy. Has anyone else navigated a sale recently, or should we just wait it out for another year? I'd love to hear some honest perspectives from others who are currently watching the real estate market.
17 replies in this topic
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simon_v
Joined:
17.01.2022
Posts: 882
11.03.2025 15:13
Honestly, it depends entirely on your local market. National trends don't always reflect what's happening on your street.
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demian_l
Joined:
07.04.2024
Posts: 1419
13.03.2025 13:32
In reply to a previous post
I'm in the same boat. We decided to hold off for at least six months to see if the inventory picks up.
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Igor_Tech
Joined:
22.09.2020
Posts: 1994
30.03.2025 04:58
If your house is in a desirable school district, it will sell regardless of the economy. Those areas stay hot.
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Fabi_W
Joined:
15.06.2021
Posts: 1647
30.05.2025 16:26
In reply to a previous post
That's a fair point, but finding a new place is the real headache right now. Sellers are still holding onto their low rates.
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advice_pro
Joined:
02.03.2021
Posts: 1828
05.06.2025 03:43
We sold last month. It took longer than expected, but we got our asking price. Don't expect a bidding war like two years ago.
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SomeoneSomewhere
Joined:
26.08.2021
Posts: 443
13.07.2025 06:11
In reply to a previous post
Did you have to give many concessions to the buyer? I'm worried about inspection demands.
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greg_b
Joined:
15.04.2025
Posts: 1107
17.07.2025 01:34
I'd wait. Rates are volatile and prices haven't fully adjusted to the new normal yet.
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curious_k
Joined:
18.05.2025
Posts: 2150
13.08.2025 15:02
In reply to a previous post
Waiting is a gamble though. What if prices go back up in the spring?
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anon_user
Joined:
15.08.2022
Posts: 668
14.09.2025 01:20
My advice? Get a realtor to do a comparative market analysis. That's the only data that really matters for your specific property.
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GrayMouse
Joined:
26.05.2024
Posts: 1601
19.09.2025 09:07
In reply to a previous post
Agreed. Don't trust the headlines, trust the recent comps in your neighborhood.
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Yani_Z
Joined:
29.01.2022
Posts: 1789
28.09.2025 06:26
We are currently looking for a home and it feels like a desert out there. Very little inventory.
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Chris_K
Joined:
08.05.2022
Posts: 502
14.10.2025 06:15
In reply to a previous post
Exactly! If you sell now, you'll be competing with all the other buyers who are also stuck.
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cris_r
Joined:
29.06.2023
Posts: 358
15.10.2025 19:05
If you don't *have* to move, don't. The cost of borrowing is just too high to justify an upgrade right now.
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old_wolf
Joined:
06.11.2023
Posts: 563
21.11.2025 18:27
I'm planning to renovate instead of move. It’s cheaper than dealing with current interest rates.
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MrNobody
Joined:
31.12.2021
Posts: 1365
25.12.2025 19:51
In reply to a previous post
That's exactly what my neighbor did. Added an extension instead of buying bigger.
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Fabi_W
Joined:
31.03.2023
Posts: 539
28.01.2026 10:25
The market isn't cooling, it's just stuck in a stalemate. Nobody wants to sell and give up their 3% mortgage.
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Sophia_G
Joined:
31.10.2023
Posts: 1860
11.02.2026 02:52
In reply to a previous post
Spot on. Until rates drop significantly, I don't see the market shifting much.

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