Is this why more homeowners are selling in 2025?

When we talk about buying a home, the focus is usually on the big numbers—mortgage rates, down payments, and sale price.

But what about the real cost of staying put?

Homeownership Isn’t Just a Mortgage

Beyond your monthly mortgage payment, homeownership includes a long list of ongoing expenses—many of which don’t get talked about enough. These include:

• Property taxes

• Insurance premiums

• Utilities

• Routine maintenance

• Unexpected repairs

• Renovation projects

According to Bankrate, the average hidden cost of owning a home has climbed to over $18,000 a year—a 26% increase since 2020.

That rising total has a lot of my clients asking: Are we actually paying more to stay than we would to move?

Should You Rethink Staying Put?

If you’re weighing that question yourself (or know someone who is), here’s a helpful way to begin:

1. Gather the Full Picture

Start by collecting your current numbers:

• Mortgage payment

• Property taxes

• Insurance

• Utility costs

• Maintenance or HOA fees

• Any upcoming repairs or renovations

Then compare those with projected costs if you were to buy again—including:

• Purchase price

• Down payment

• Closing costs

• New insurance and taxes

• Moving and setup expenses

2. Run Side-by-Side Comparisons

Use a mortgage and cost calculator that includes both upfront and ongoing expenses. This gives you a clearer picture of monthly vs. long-term costs across both options.

3. Think in 5–10 Year Terms

Ask yourself:

• How long do I plan to stay where I am?

• Will the new home better match my lifestyle or financial goals?

• Will I gain functionality or reduce my monthly burden by making a move?

Sometimes, staying seems easier—but running the numbers tells a different story.

Need a Clearer Picture?

If you’re feeling stuck or uncertain about whether it makes sense to move, renovate, or simply reassess—let’s talk. I can help you weigh the options with clarity and strategy.

Just reach out—there’s no pressure, and I’m here when you need a trusted second opinion.