Higher mortgage rates have slowed down the real estate market. But there will always be home buyers and sellers who need to move because of life circumstances.
Some industry pros refer to these as the 5 D’s:
Diamonds: Couples getting married or moving in together often seek out new or larger homes.
Diapers: Growing families typically need more space.
✂️ Divorce: Unfortunately, divorces often make home sales necessary.
Downsizing: Empty nesters might choose to move into a smaller home.
⚰️ Death: Sadly, the death of a homeowner is another common reason for home sales.
