HeatherC
Alas...these people I live with ...
- Joined
- May 23, 2003
For all of us who are getting ready to be or already are empty nesters, do you plan to downsize?
We are not “empty” yet, but getting close. We live in Massachusetts in a 4 bedroom New England colonial with a large yard we built in 2000. We have been talking about whether or not to downsize but in looking at what is available and for what prices things are, we have pretty much to decided to stay put for at least several more years. We just can’t see the value in buying something a lot smaller for more money to stay in the same area. We also don’t want to relocate far because we have lots of family here.
We ran into an old friend yesterday who was telling us they are done with the big house and want to downsize and have been actively searching, but there is nothing to downsize to. Most of the properties are in need of renovations and cost more than to stay where they already are.
I am guessing we are not alone and that this also plays into the real estate market. With people deciding to stay put, there are less houses for others to move up to.
So others in a similar position, are you planning to downsize?
We are not “empty” yet, but getting close. We live in Massachusetts in a 4 bedroom New England colonial with a large yard we built in 2000. We have been talking about whether or not to downsize but in looking at what is available and for what prices things are, we have pretty much to decided to stay put for at least several more years. We just can’t see the value in buying something a lot smaller for more money to stay in the same area. We also don’t want to relocate far because we have lots of family here.
We ran into an old friend yesterday who was telling us they are done with the big house and want to downsize and have been actively searching, but there is nothing to downsize to. Most of the properties are in need of renovations and cost more than to stay where they already are.
I am guessing we are not alone and that this also plays into the real estate market. With people deciding to stay put, there are less houses for others to move up to.
So others in a similar position, are you planning to downsize?