[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3euhlyisus3a6":3,"$f2emv3tus0uf1":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":31,"next":37},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":29,"updatedAt":30},4177,"wondering-where-youll-move-if-you-sell-your-house-today","Wondering Where You’ll Move if You Sell Your House Today?","If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F07\u002Fwhy-the-growing-number-of-homes-for-sale-is-good-for-your-move-up\u002F\">good time\u003C\u002Fa> to get back into the market. That’s because today’s market is \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F14\u002Fis-the-housing-market-correcting\u002F\">undergoing a shift\u003C\u002Fa>, and the supply of homes for sale is increasing as a result. That means you may have a better chance of finding a home that will meet your current needs. Here are some options to consider.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15100855\u002F20220718-KCM-Share.jpg","If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F07\u002Fwhy-the-growing-number-of-homes-for-sale-is-good-for-your-move-up\u002F\">good time\u003C\u002Fa> to get back into the market. That’s because today’s market is \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F14\u002Fis-the-housing-market-correcting\u002F\">undergoing a shift\u003C\u002Fa>, and the supply of homes for sale is increasing as a result. That means you may have a better chance of finding a home that will meet your current needs. Here are some options to consider.\u003C!--more-->\r\n\u003Ch4>\u003Cstrong>Buying an Existing Home Can Give You That Lived-in Charm\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAccording to the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), the supply of \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fexisting-home-sales-fell-3-4-in-may-median-sales-price-surpasses-400000-for-the-first-time\">existing homes\u003C\u002Fa> (a home that’s been previously owned) has steadily increased since the beginning of the year. The graph below indicates inventory levels are rising, and that’s largely due to \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F28\u002Fa-key-opportunity-for-homebuyers\u002F\">more homes\u003C\u002Fa> coming onto the market and the pace of sales slowing:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15104804\u002F20220718-MEM-Eng-1-.png\">\u003Cimg class=\"aligncenter wp-image-46843\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15104804\u002F20220718-MEM-Eng-1-.png\" alt=\"Wondering Where You’ll Move if You Sell Your House Today? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nAs the graph shows, if you’re looking for a home with lived-in charm, supply is rising, and that’s great news for you.\r\n\r\nDanielle Hale, Chief Economist for \u003Cem>realtor.com\u003C\u002Fem>, gives \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002Fweekly-housing-trends-view-data-week-june-18-2022\u002F\">insight\u003C\u002Fa> into why more homeowners are listing their homes and adding to the growing supply of existing homes today:\r\n\u003Cblockquote>\u003Cem>“Home sellers in many markets across the country continue to benefit from rising home prices and fast-selling homes. \u003Cstrong>That’s prompted a growing number of homeowners to sell homes this year compared to last, giving home shoppers much needed options. We’ve seen more homes come up for sale this year compared to last year \u003C\u002Fstrong>. . .”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThere are several benefits to buying an existing home. Many buyers want to purchase a home with history, and the character of older houses is hard to reproduce. Existing homes can often be part of an established neighborhood featuring mature landscaping that can give you additional privacy and boost your curb appeal.\r\n\r\nPlus, timing can be a consideration as well. With an existing home, you can move in based on the timeline you agree to with the sellers, rather than building a new home and waiting for construction to finish. This is something to keep in mind, especially if you need to move sooner rather than later.\r\n\r\nJust remember, while more sellers are listing their homes, supply is still low overall. That means you’ll have more options to choose from as you search for your next home, but you’ll still need to be prepared for a fast-moving market.\r\n\u003Ch3>\u003Cstrong>Purchasing a Newly Built or Under Construction Home Means Brand New Everything\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cem>Census \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.census.gov\u002Fconstruction\u002Fnrs\u002Fpdf\u002Fnewressales.pdf\">data\u003C\u002Fa> shows there’s an increasing number of new homes available for sale. It includes homes that are under construction, soon to be completed, and fully built. As the graph below highlights, the supply of new homes for sale has also grown this year:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15104806\u002F20220718-MEM-Eng-2-.png\">\u003Cimg class=\"aligncenter wp-image-46844\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15104806\u002F20220718-MEM-Eng-2-.png\" alt=\"Wondering Where You’ll Move if You Sell Your House Today? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>When building a new home, you can create your perfect living space and customize it to your lifestyle. That could mean everything from requesting energy efficient options to specific design features. Plus, you’ll have the benefit of all new appliances, windows, roofing, and more. These can all help lower your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F25\u002Fhow-an-energy-efficient-home-can-be-a-bright-idea-infographic\u002F\">energy costs\u003C\u002Fa>, which can add up to significant savings over time.\r\n\r\nThe lower maintenance that comes with a newer home is another great advantage. When you have a new home, you likely won’t have as many little repairs to tackle, like leaky faucets, shutters to paint, and other odd jobs around the house. And with new construction, you’ll also have warranty options that may cover portions of your investment for the first few years.\r\n\r\nKeep in mind, purchasing a new home could mean waiting a considerable amount of time before you can move. Robert Dietz, Chief Economist and Senior Vice President for Economics and Housing Policy at the \u003Cem>National Association of Home Builders \u003C\u002Fem>(NAHB), \u003Ca href=\"https:\u002F\u002Feyeonhousing.org\u002F2022\u002F06\u002Fnew-home-sales-increase-in-may-before-feds-june-rate-rise\u002F\">explains\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“New single-family home inventory remained elevated at a 7.7 months’ supply. . . . \u003Cstrong>However, only 8.3% of new home inventory is completed and ready to occupy. The remaining have not started construction (25.9%) or are currently under construction\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThat’s an important factor when making your decision and one you should discuss with a trusted real estate advisor. They’ll help you think through all the pros and cons of both new and existing homes to help you arrive at your best decision.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWith the supply of homes for sale rising, you have options for your next home no matter what your preferences are. If you have questions or want help deciding what’s best for you, let’s connect and start the conversation today.","\r\nWith the supply of homes for sale rising, you have options for your next home no matter what your preferences are. If you have questions or want help deciding what’s best for you, let’s connect and start the conversation today.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15104804\u002F20220718-MEM-Eng-1-.png",false,[17,21,25],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},38,"Move-Up","move-up",{"id":26,"name":27,"slug":28},45,"New Construction","new-construction","2022-07-18T10:00:28Z","2023-02-03T15:34:05Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},4176,"should-i-rent-or-should-i-buy-infographic","Should I Rent or Should I Buy? [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F14123557\u002F20220715-KCM-Share.png","2022-07-15T10:00:56Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},4178,"why-pre-approval-is-a-game-changer-for-homebuyers","Why Pre-Approval Is a Game Changer for Homebuyers","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F15113418\u002F20220719-KCM-Share.jpg","2022-07-19T10:00:37Z",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[48,52,56,57,61,65,69,73,77,81,82,86,90,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":53,"name":54,"slug":55},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},7,"Foreclosures","foreclosures",{"id":62,"name":63,"slug":64},8,"Infographics","infographics",{"id":66,"name":67,"slug":68},9,"Home Prices","home-prices",{"id":70,"name":71,"slug":72},11,"First-Time Buyers","first-time-buyers",{"id":74,"name":75,"slug":76},34,"Senior Market","senior-market",{"id":78,"name":79,"slug":80},35,"Mortgage Rates","mortgage-rates",{"id":22,"name":23,"slug":24},{"id":83,"name":84,"slug":85},41,"For Sale by Owner","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":26,"name":27,"slug":28},{"id":92,"name":93,"slug":94},52,"Luxury \u002F Vacation","luxury--vacation",{"id":96,"name":97,"slug":98},53,"Rent vs. Buy","rent-vs-buy",{"id":100,"name":101,"slug":102},80,"Time-sensitive","time-sensitive",{"id":104,"name":105,"slug":106},81,"Outdated","outdated",{"id":108,"name":109,"slug":110},147,"Internal","internal",{"id":112,"name":113,"slug":114},148,"Do Not Autopost","do-not-autopost",{"id":116,"name":117,"slug":118},320,"Inventory","inventory",{"id":120,"name":121,"slug":122},321,"Agent Value","agent-value",{"id":124,"name":125,"slug":126},322,"Affordability","affordability",{"id":128,"name":129,"slug":130},323,"Buying Tips","buying-tips",{"id":132,"name":133,"slug":134},324,"Downsize","downsize",{"id":136,"name":137,"slug":138},325,"Economy","economy",{"id":140,"name":141,"slug":142},326,"Equity","equity",{"id":144,"name":145,"slug":146},327,"Forecasts","forecasts",{"id":148,"name":149,"slug":150},328,"Selling Tips","selling-tips",{"id":152,"name":153,"slug":154},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":156,"name":157,"slug":158},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]