If you need assistance, please call 818-248-8668

Downsizing | The Markarian Realty Home Seller|Home Buyer Guide Blog

Thursday, January 29, 2026   /   by Vic Markarian

Why More Homeowners Over 60 Are Downsizing, and Gaining More Than They Give Up

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 ...

  home seller, real estate market 2026, housing market 2026, home seller tips 2026, downsizing

Thursday, March 7, 2024   /   by Vic Markarian

The Benefits of Downsizing When You Retire

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 ...

  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

Markarian Realty Group
3237 N. Verdugo Rd.
Glendale,, CA 91208
818-248-8668
DRE# CalBRE# 01059771

Based on information from California Regional Multiple Listing Service, Inc. as of October 6, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
This site is powered by CINC: www.cincpro.com
Technology & Service Disclosure: This website is a real estate search platform powered by CINC, a real estate technology company. CINC provides the website, search tools, and technology infrastructure only. All real estate related services referenced on this site are provided exclusively by .