{"id":6529,"date":"2020-12-23T11:00:48","date_gmt":"2020-12-23T11:00:48","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=6529"},"modified":"2020-12-23T11:00:48","modified_gmt":"2020-12-23T11:00:48","slug":"did-you-outgrow-your-home-in-2020","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=6529","title":{"rendered":"Did You Outgrow Your Home in 2020?"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" width=\"358\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2020\/12\/20201223-KCM-Share-549x300-1.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Did You Outgrow Your Home in 2020? | Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2020\/12\/20201223-KCM-Share-549x300-1.jpg 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/12\/22131735\/20201223-KCM-Share.jpg 750w\" sizes=\"auto, (max-width: 549px) 100vw, 549px\"><\/p>\n<p>It may seem hard to imagine that the home you&rsquo;re in today &ndash; whether it&rsquo;s your starter home or just one you&rsquo;ve fallen in love with along the way &ndash; might not be your forever home.<span id=\"more-43628\"><\/span><\/p>\n<p>Many needs have changed in 2020, and it&rsquo;s okay to admit if your house no longer fits your lifestyle. If you&rsquo;re now working remotely, facilitating virtual school, trying to exercise at home, or simply just spending more time in your own four walls, you may be bursting at the seams in your current house.<\/p>\n<p>According to the latest&nbsp;<a href=\"https:\/\/www.corelogic.com\/insights\/home-price-index.aspx\"><em>Home Price Insights<\/em><\/a>&nbsp;from&nbsp;<em>CoreLogic<\/em>, prices have appreciated 7.3% year-over-year. At the same time, the&nbsp;<em>National Association of Realtors&nbsp;<\/em>(NAR)&nbsp;<a href=\"https:\/\/www.nar.realtor\/newsroom\/existing-home-sales-decrease-2-5-in-november\">reports<\/a>&nbsp;that inventory has dropped 22% from one year ago.<a href=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2020\/12\/20201223-MEM-Eng-1.jpg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-43630\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2020\/12\/20201223-MEM-Eng-1.jpg\" alt=\"Did You Outgrow Your Home in 2020? | Simplifying The Market\" width=\"650\" height=\"227\" srcset=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2020\/12\/20201223-MEM-Eng-1.jpg 1000w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/12\/22131737\/20201223-MEM-Eng-1-600x210.jpg 600w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\"><\/a>These two statistics are directly related to one another. As&nbsp;inventory&nbsp;has&nbsp;<strong>decreased<\/strong>&nbsp;and demand has&nbsp;<strong>increased<\/strong>, prices have been driven up.<\/p>\n<p>This is great news if you own a home and you&rsquo;re thinking about selling. The <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/12\/17\/homeowner-equity-increases-an-astonishing-1-trillion\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">equity<\/a> in your house has likely risen as prices have increased. Even better is the fact that there&rsquo;s a large pool of&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/12\/15\/the-holidays-arent-stopping-homebuyers-this-year\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">buyers<\/a>&nbsp;out there searching for the American dream, and your home may be high on their wish list.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you think you&rsquo;ve outgrown your current home, let&rsquo;s connect to discuss local market conditions and determine if now is the best time for you to sell.<\/p>\n<p>Content previously posted on Keeping Current Matters<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/12\/22131735\/20201223-KCM-Share-549x300.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Did You Outgrow Your Home in 2020? | Simplifying The Market\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\">It may seem hard to imagine that the home you&rsquo;re in today &ndash; whether it&rsquo;s your starter home or just one you&rsquo;ve fallen in love with along the way &ndash; might not be your forever home. Many needs have changed in 2020, and it&rsquo;s okay to admit if your house no longer fits your lifestyle. [&hellip;]<\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3,85,86,89,121],"tags":[],"class_list":["post-6529","post","type-post","status-publish","format-standard","hentry","category-blog","category-for-sellers","category-housing-market-updates","category-move-up-buyers","category-pricing"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/6529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6529"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/6529\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}