8 Life Events That Could Mean a Move On the Horizon
How do you know when it’s the right time to make a move? There are many individual factors in a decision such as buying or selling a home. In this article, we will explore aspects to consider before entering the real estate market, so you’ll know when it’s time to make a move.
One of the most common reasons people look for new places is job relocation. The introduction of remote work reduced the need for proximity to offices, but many organizations have decided it’s time to welcome employees back to the office. As such, residences around highly populated cities and working areas have become more sought after as offices reopened to welcome employees back for in-person work.
Marriage and divorce can also spark a need for finding a new place to live. Newlyweds often look to settle down in a home to start their lives and families together, especially if they receive cash from family and friends after the wedding. The same goes for divorce, when couples decide to split, sell their properties, and downsize separately.
If you are coming up on retirement, this could also signify the need to move to a new location. In retirement, homebuyers are often looking for amenities, community opportunities, and single-floor living so they can age in a safer environment. 55+ communities and assisted living locations see an influx of individuals who have entered the latter stages of life.
Expanding families are also often looking for new spaces to live that offer both more room and better environments. As such, new parents will often move to areas that have good school systems or reputable childcare to support their growing family.
Many young people are taking the plunge and investing in being pet owners rather than parents, which has sparked new interest in living spaces catered toward athletic, outdoor lifestyles that accommodate dogs of all breeds. You may notice in HOA living areas that pet amenities are readily advertised! If you are a new pet owner, moving to a place that offers safe areas for them to play, pet washing stations, and community parks can be a big perk.
Health issues and aging might spark the moving conversation, even more rapidly than a retirement move. For those experiencing health issues or just general aging, assisted living, community complexes, and access to reputable nearby healthcare providers can be at the forefront of finding a new place to live.
It seems as though everything is getting more expensive these days, rent included. If your lease renewal has come up and your rent has increased to an amount you are uncomfortable paying, this can spark the need to find a new place. (Be sure to know your rights when it comes to rent increases!)
You can never be overdressed or overeducated! Educational opportunities are another big reason why individuals decide to make a move. Access to universities, post-grad programs, and even undergrad education can be an attractive factor.
We hope this article helped you better understand the different circumstances that can often spark a move. If you fall into any of these categories, it might be time to connect with a VSells&Associates agent to begin your journey to finding your perfect space.
Whether you are buying or selling, we at VSells & Associates make it our mission to guide our clients through the whole process. We make moving simple, straightforward, and as stress-free as possible.