downsizing in real estate: Downsize to Upsize ~ The Yo-Yo Effect
- 03/07/23 01:31 PM
An entire segment of our population is trying to make the life-changing decision if they should downsize their home. As children leave the nest and parents face the empty nest situation, sometimes homeowners begin to determine if now is the time to sell their home. However, having been in real estate for nearly two decades, I have discovered the downsize vs. upsize yo-yo effect.
Here is the scenario:
The Seller determines they want to downsize their home. They sift through their furnishings, collections, and knick-knacks as they plan the move. The purging process ensues as the big move becomes a reality.
The new homeowners … (17 comments)
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An entire segment of our population is trying to make the life-changing decision if they should downsize their home. As children leave the nest and parents face the empty nest situation, sometimes homeowners begin to determine if now is the time to sell their home. However, having been in real estate for nearly two decades, I have discovered the downsize vs. upsize yo-yo effect.
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