Top 7 Reasons To Sell Your Home This 2021

By  //  August 16, 2021

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The COVID-19 global crisis rendered thousands of people jobless. The economy of most countries severely plummeted. Regardless of that, there’s a sector that remained resilient and emerged stronger. And that’s the housing sector. 

Due to rising prices and increased demand for real estate, many people think it’s a good idea to sell their houses this year. However, other than the current demand and price, are there other reasons you should also follow the trend? 

1. Reduced Mortgage Rates

In 2020, mortgage rates dropped lower than ever in the last 40 years. There’s a likelihood of this rate to remain low for a good part of 2021. And because of that, it’s currently tempting to buy a new property this year. 

Consequently, some homeowners will experience little or no difficulty should they decide to sell their homes. Some of them are getting offers that are way above their asking price. For instance, a firm like Avante Homebuyers and other similar companies buy houses at a better price. If you need a better house, this is the time to sell your old house and get a better one. You can as well get a second one if you can financially manage it. 

2. Increased Home Values

While the mortgage rates are low, home values are increasing. In the United States alone, current house prices have increased by 8.4% compared to last year. Experts have advised that this increase is going to be retained for a while. Investors predict that after 2021, house prices will normalize. Thus, if you’re planning to sell your house, this year is the best time to do it. 

3. Reduced Number of Time Wasters

Another outstanding reason to sell your home in 2021 is that you won’t encounter many time wasters. Time wasters are individuals who will only turn up to take advantage of the seller’s cookies. When someone says that they’re interested in buying the property, there’s a large chance that they’ll actually do it.

So, be confident that those that will turn up after you list your house on sale are more likely serious buyers, and you won’t need to waste too much time entertaining and negotiating. 

4. Limited Housing Inventory

This is another reason to sell your house in 2021. The housing inventory was reduced to a 2.3-month supply. Generally, the housing market usually equalizes at 4–5-month supply. Certainly, this is a great advantage to sellers. Due to increased buyer demand, home values accelerated, and buyers are ready to cope with the rising costs. 

5. Upgrade To Effectively Work From Home

For some businesses, remote working has become the new normal. There are employees who no longer need to travel to work. Instead, they work remotely. 

It’s a challenge for those who don’t have a working environment in their homes. Their home might be too small to have a dedicated home office or its location isn’t ideal for a work-from-home setup. If you’re among these people, then you can consider selling your home. Afterward, you can advance to another one that will accommodate your demands as a remote worker. 

Experts predict the growth of remote working. You may not want to lose your productivity because of a poor working environment. You could be fired for your poor performance. Don’t wait until the situation gets worse. Sell your house and purchase another one with enough working space. 

6. Reduced Coronavirus Restrictions

In 2020, many homeowners held on to their residences because of the uncertainty of their lives and the market. People adjusted and began to work from home, rendering commuting to jobs useless. 

Again, others had to cope with joblessness, making it impossible to leave their old homes. 

However, normalcy is returning, and the economy is recovering too. The reasons why people didn’t want to sell their houses are fading. Many people have returned to work and are commuting. And it’s easier now to find a temporary home where you can stay after you sold your house and while you look for a new one to buy. 

7. Future Regression In House Prices

It’s predicted that many people will sell their homes this year. This will reduce the demand and lower their values too, which will be very convenient for future buyers. However, experts are also predicting the housing boom will end after 2021

As a result, if you plan to move to a better house or sell one of your houses, make sure that you do it this year. After that, plan whether you’ll want to get one now or wait until new trends change the market to your advantage next year. 


To sum up, 2021 is indeed the right time to sell your house. Houses are selling faster than ever. As you’ve seen above, there are many reasons why this year is the best year to sell your house. As a quick reminder, some of these reasons include the reduced mortgage rates, increased home values, reduced number of time wasters, limited housing inventory, and much more.