Downsizers Reveal Their Biggest Regrets

Dated: 01/17/2020

Views: 375

https://magazine.realtor/daily-news/2020/01/13/downsizers-reveal-their-biggest-regrets?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate+News%29


Homeowners who opt to downsize into a smaller place say that saving money was their chief motivator, along with having to manage less space after the children have moved out. But some home buyers could have downsizing regret as they transition into a smaller home.

Homes.com surveyed more than 1,000 consumers who have downsized their homes. They found that those who downsized did tend to spend 62% less than the house they owned prior. However, many downsizers still weren’t happy.

Half of the survey respondents said that getting rid of possessions was a major challenge when downsizing to a smaller home, and the loss of space was one of their greatest challenges.

Also, nearly a fifth of homeowners who downsized said their move ended up being farther away from their family or friends. Twelve percent said their new space felt lonely.Image title


Want to Advertise on this Site?

Latest Blog Posts

Do You Have An Entrepreneurial Mindset What Are You Waiting On

Entrepreneur Magazine how many of these entrepreneurial characteristics you have You take action. NOW is “invent as you go.” Forget about over-analyzing and take action, she recommends.

Read More

THE MOST DIFFICULT STEPS OF THE HOME BUYING PROCESS

Buying a home isn't easy. I can help you avoid unnecessary stress and navigate the home buying process! Message me to get started. #homeTHE OFFER:You found your dream home. You’re tingling with

Read More

Downsizers Reveal Their Biggest Regrets

https://magazine.realtor/daily-news/2020/01/13/downsizers-reveal-their-biggest-regrets?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate+News

Read More

Find Your Niche

Helping Agents Find Their Niche Have you Taught about A Mentor!By focusing on one segment of the market, whether it be property type or clientele, real estate professionals can hone their skills to

Read More