Selling a home can take time, planning, and patience.You may have prepared your home, welcomed showings, answered questions, and waited for the right buyer only to have your listing expire without a
Why More Homeowners Are Choosing to Move—Even with Today’s Rates
Dated: June 19 2025
Views: 92
Life Has Changed—And So Has the Market
Yes, locking in a 3% mortgage rate back in 2020 was a smart move. But the real question is: is that low rate still serving your life in 2025?
Many Southern California homeowners are realizing that while their rate is low, their needs have changed. Maybe the house is too small for your growing family. Maybe stairs are becoming more of a challenge than a convenience. Or maybe you're simply too far from the people and places that now matter most.
Whatever the reason, more homeowners are choosing to move—despite today’s higher mortgage rates—because lifestyle matters more than numbers on paper.
What the Numbers Say
According to ICE Mortgage Technology, the number of homeowners with sub-3% mortgage rates is slowly shrinking. At the same time, more sellers are stepping into new homes with rates over 6%, driven by necessity.
*Credits to Keeping Current Matters
A 2025 survey from Realtor.com supports this shift: nearly 8 in 10 homeowners who are thinking about selling this year say it’s out of necessity—not financial speculation.
And their reasons? They're personal, meaningful, and often unavoidable:
Need More Space: Growing families, remote work, multigenerational living
Need Less Space: Empty nesters downsizing or simplifying life
Want To Be Closer to Family: For support, caregiving, or connection
Major Life Changes: Marriage, divorce, retirement, or new beginnings
Job Relocations: Career opportunities leading to a new city or state
*Credits to Keeping Current Matters
So... What About Mortgage Rates?
Yes, we hear it all the time—"I don’t want to give up my 3%." But here’s the thing: mortgage rates aren’t expected to drop dramatically anytime soon.
Forecasts from Fannie Mae and the Mortgage Bankers Association suggest only gradual easing through the end of 2025. In other words, waiting around for a 3% rate again? It may keep you stuck in a home that no longer works for you—for years.
In fact, Realtor.com reports that nearly 2 in 3 potential sellers have been considering a move for over a year.
Ask yourself: how much longer are you willing to wait?
*Credits to Keeping Current Matters
What Shasha & Terri Clients Are Doing Instead
Here’s how many of our smart Southern California clients are moving forward:
Using their home equity for a larger down payment—or to buy all-cash
Exploring rate buydowns, seller concessions, and creative financing
Taking advantage of off-market listings and new construction deals
We guide you through all the options to make a move that’s not only smart—but right for your current lifestyle.
Is Your Home Still Working for You?
Maybe that home you bought in 2020 made perfect sense then. But 2025 brings different needs, different goals—and maybe a different definition of "home."
Let’s have an honest conversation about:
What your home is worth today
What kind of space and location suits your life now
How we can help you sell smart and buy better
Let’s Talk Strategy—Not Just Rates
We know real estate is personal. It’s not just about the numbers—it’s about living in a home that works for the life you want to live now.
Shasha Truong & Terri Nguyen Realty Group
Your-Realtors-for-Life in SoCal
📞 626-893-9617 | 626-315-0025
📧 shasha.truong@exprealty.com | terri.nguyen@exprealty.com
🌐 www.shashaterri.com
Find Your Perfect Home in Southern California
Explore New Construction Homes Near You!
Have questions about the market in your area? Let us know what you’re curious about – we're happy to provide personalized insights!
Get Your Free Local Market Report Today!
Get Instant Access to Our Exclusive Tools
Take your home search to the next level with our free, all-in-one real estate toolkit:
Text STHOMEAPP to +1 818-319-4748 to get instant access to:
Know Your Home Value: Get Your Free Home Equity Report
Find Your Dream Home: Browse Listings
Complimentary Market Report: Request Your Report
Download Your Free Homeownership App: Download Here
Down Payment Help: Explore Options
Everything you need — right at your fingertips!
More Free Resources:
Read our blogs & other helpful resources
What Our Clients are Saying About Us
Free Consultation with Shasha & Terri
First-Time Home Buyer or Not — Don't Make These 10 Common Mistakes!
10 Common Mistakes Home Sellers Make — and How to Avoid Them
How an ADU Can Boost Your Retirement Savings
The Smart Way to Retire: Consider Downsizing for a Better Lifestyle
Why You Shouldn’t Give Property to Your Children Without a Living Trust
Avoid Frozen Bank Accounts After Death: What You Need to Know
Simplify Your Move with Shasha & Terri Team's Free Utility Concierge Service
Home Projects That Boost Your Property Value: A Smart Seller’s Guide
Keywords: moving despite high mortgage rates, SoCal home sellers, why sell with high rates, downsizing in Southern California, Shasha and Terri real estate, real estate life changes, 2025 housing market trends
References:
Realtor.com 2025 Seller Sentiment Survey
ICE Mortgage Technology Market Trends
Fannie Mae Mortgage Rate Forecast
Mortgage Bankers Association (MBA) Housing Outlook
Shasha Truong & Terri Nguyen Realty Group
We are Shasha and Terri, your highly experienced real estate professionals dedicated to turning your real estate goals into reality. Fluent in English and Vietnamese, we bring 27+ years of experience ....
Latest Blog Posts
Thinking about selling your home this fall? 🍂Fall can be a meaningful time for Southern California homeowners to reassess their plans, whether you're considering a move, downsizing, relocating,
Fall is often associated with change.The days become shorter, routines shift, children settle into a new school year, and many families naturally begin thinking about what they want the rest of the
If you have been waiting for the right time to buy a home, fall may be worth a closer look.For many Southern California homebuyers, the conversation often centers on mortgage rates and home prices.
Based on information from California Regional Multiple Listing Service, Inc. as of September 23, 2026 5:46 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g.square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with
Last updated: September 23, 2026 5:28 PM UTC Property Information © 2026 
The information being provided by Conejo Simi Moorpark Association of REALTORS ® ("CSMAR") is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange ("IDX") program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or
The MLS™ I-Tech ® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in
Page Lake Powell Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
