More baby boomers opt to “smart size” rather than downsize

A growing number of baby boomers are finding that it simply won’t do to downsize once their children flee the nest, and are instead choosing to “smart size” according to their needs, The Washington Post reported this week. “Older home buyers today are ‘smart-sizing’ rather than just downsizing,” Mollie Carmichael, a principal with the housing

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Baby boomers are refusing to budge

Baby boomers are increasingly choosing not to downsize their homes in retirement, according to a report by USA Today. Instead, many have decided to stay put in their existing homes, where they raised their families. But economists say their decisions are contributing to the problem of low inventory across much of the nation. Barbara Risman,

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Downsizing this Year- 5 pro tips for seniors

Let’s face it, at any stage of life, moving can be a daunting and often stressful task. However, combine a move with a need to downsize, and the process can seem downright overwhelming. However, fear not! With some careful planning, you can minimize the amount of stress involved. As Realtors who specialize in condos, we

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Housing Strategies for Retirees

An article in aol.com points out that housing is one of the largest expenses in most people’s household budgets, and it’s preferable to reduce this expense upon retirement. There are various ways in which this can be done, and retiring from work brings a new type of freedom as there’s no longer any need to

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The Changing Face of Retirement and Its Impact on Real Estate

Do you plan to retire? You would imagine that such a question is a “no-brainer” but that’s not necessarily true. Each person will make that decision when the time comes based upon a myriad of factors such as health, family and/or the physical requirements of their job.

ZipRealty Nears Its Goal of Eliminating Operating Costs

The online real estate brokerage firm ZipRealty Inc., has announced its results for the third quarter, reducing operating losses to less than $1 million despite its revenue falling by 18% since last year. The results prove that the firm is on track to achieving its target of cutting operating losses altogether by the end of

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