Desire to sell and move!

Q: Is the “seven year itch” real when it comes to property? We have been living in our home for almost that length of time and I want to sell it and move. Is this a good idea or will this desire pass?

A: The seven-year property itch is a reality and it is common knowledge that it generally takes seven to 10 years of owning a property before it is worth selling.

Of course, drastic circumstances could see that time frame cut short, but if you are thinking of selling and you have been there for at least seven years, it might comfort you to know that, statistically, it won’t be a bad idea. – Herschel Jawitz, chief executive of Jawitz Properties.