Thursday, January 29, 2026 / by Vic Markarian
Why More Homeowners Over 60 Are Downsizing, and Gaining More Than They Give Up
If you’re nearing retirement or already in it, you’re not alone, and you’re in good company.
According to new data from the U.S. Census and Realtor.com, nearly 12,000 Americans turn 65 every single day, and that trend will continue for the next two years. A wave of Baby Boomers is stepping into the next chapter, and for many, that chapter begins with a powerful question:
“Is it time to move into a home that better fits my life now?”
For thousands of homeowners in their 60s, 70s, and even 80s, the answer is yes.
Let’s break down the top reasons more people over 60 are making the move, and why downsizing might offer more freedom than you think.
Why So Many Homeowners Are Downsizing in 2026
Retirement isn’t just about leaving your job. It’s about rethinking how you want to live.
That’s why for many people, downsizing is less about losing space, and ...
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home seller, real estate market 2026, housing market 2026, home seller tips 2026, downsizing
Thursday, March 7, 2024 / by Vic Markarian
If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.
When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:
“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.”
That windfall is thanks to your home equity. If you’ve been in your house for a while, odds are you’ve built up a considerable amount of equity. And that equity is something you can use to help you buy a home that better fits your needs today. Daniel Hunt, CFA at Morga ...
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home seller, home prices, mortgage, selling homes, competitiveness, market value, mortgage rates, homeownership, los angeles, for sellers, glendale, the benefits of downsizing when you retire