Downsizers Reveal Their Biggest Regrets

Dated: 01/17/2020

Views: 54

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

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

Words Matter More Than Ever

Words Matter More Than Ever.       With the advent of social media, words now have more weight than they ever have. I have always

Read More

The American Dream Is Still Being A Homeowner Contact Us Today To Get Started

Do you know the Benefits Of Being A Homeowner Versus Renter and know the Mortgage Process?A home purchase is normally one’s largest and single biggest investmentThere are many benefits being a

Read More