{"id":3332,"date":"2020-12-23T05:00:48","date_gmt":"2020-12-23T11:00:48","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/did-you-outgrow-your-home-in-2020\/"},"modified":"2021-05-18T20:23:03","modified_gmt":"2021-05-19T01:23:03","slug":"did-you-outgrow-your-home-in-2020","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/did-you-outgrow-your-home-in-2020\/","title":{"rendered":"Did You Outgrow Your Home in 2020?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/12\/22131735\/20201223-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Did You Outgrow Your Home in 2020? | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>It may seem hard to imagine that the home you\u2019re in today \u2013 whether it\u2019s your starter home or just one you\u2019ve fallen in love with along the way \u2013 might not be your forever home.<span id=\"more-43628\"><\/span><\/p>\n<p>Many needs have changed in 2020, and it\u2019s okay to admit if your house no longer fits your lifestyle. If you\u2019re 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\u00a0<a href=\"https:\/\/www.corelogic.com\/insights\/home-price-index.aspx\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><em>Home Price Insights<\/em><\/a>\u00a0from\u00a0<em>CoreLogic<\/em>, prices have appreciated 7.3% year-over-year. At the same time, the\u00a0<em>National Association of Realtors\u00a0<\/em>(NAR)\u00a0reports\u00a0that inventory has dropped 22% from one year ago.<a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/12\/22131737\/20201223-MEM-Eng-1.jpg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-43630\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/12\/22131737\/20201223-MEM-Eng-1.jpg?resize=650%2C227&#038;ssl=1\" alt=\"Did You Outgrow Your Home in 2020? | Simplifying The Market\" width=\"650\" height=\"227\" \/><\/a>These two statistics are directly related to one another. As\u00a0inventory\u00a0has\u00a0<strong>decreased<\/strong>\u00a0and demand has\u00a0<strong>increased<\/strong>, prices have been driven up.<\/p>\n<p>This is great news if you own a home and you\u2019re thinking about selling. The <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/12\/17\/homeowner-equity-increases-an-astonishing-1-trillion\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">equity<\/a> in your house has likely risen as prices have increased. Even better is the fact that there\u2019s a large pool of\u00a0<a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/12\/15\/the-holidays-arent-stopping-homebuyers-this-year\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">buyers<\/a>\u00a0out 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\u2019ve outgrown your current home, let\u2019s connect to discuss local market conditions and determine if now is the best time for you to sell.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It may seem hard to imagine that the home you\u2019re in today \u2013 whether it\u2019s your starter home or just one you\u2019ve fallen in love with along the way \u2013 might not be your forever home. Many needs have changed in 2020, and it\u2019s okay to admit if your house no longer fits your lifestyle. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3333,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-3332","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Did You Outgrow Your Home in 2020?&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/did-you-outgrow-your-home-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Did You Outgrow Your Home in 2020?&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"It may seem hard to imagine that the home you\u2019re in today \u2013 whether it\u2019s your starter home or just one you\u2019ve fallen in love with along the way \u2013 might not be your forever home. 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