When it comes to Selling you’re home, in theory it is as easy as listing the home for sale and a buyer shows up and buys it.
Luxury Homes are a great example
Where the problem comes in, especially in 2026 is the where sellers see value and where buyers see value. When a buyer and seller don’t see eye to eye, the home will just sit on the market. You will notice this a lot in luxury homes. Luxury homes can be very difficult to sell because the buyer has more options. They can build depending on the area, they can tear down a home and build or they can remodel a existing home.
Interest rates
Another topic that is effecting home sales is the current mortgage interest rate. Even through rates have gone up, this has caused more sellers to bring they’re prices down because they need to move and they are starting to understand that buyers just can’t afford the mortgage payment with the high interest rate.
What were seeing currently
Homes are still selling. Buyers need to buy and sellers need to sell. For some it is the older generations that no longer need the big house. They’re don’t need to cash out a bunch of money to buy another big house.
Some homeowners have moved out of state and have bought with an ARM mortgage or just rented to just get out of a home.
We’re starting to see some short sales and foreclosures as well were people have just give up and have moved on.
What is right for you?
Listing your home for sale will depend on your situation and that is something that Dale will sit down and talk to you about. If you would like to know what current homes have sold for in your neighborhood. You can send Dale an email at Dale@wregmn.com and he can put together a list of homes that have sold giving you an idea of whether or not it will be worth putting it on the market.
