Downsizing | Blog

Thursday, November 27, 2025   /   by Joyce Dungca

Why So Many People Are Thankful They Bought a Home This Year

 


Homebuyers are weighing their options right now, and they certainly have a lot on their minds. With everything going on in the job market, the economy, and more – there's a lot to think about these days. And maybe that’s making you wonder if it really makes sense to buy a home right now.
But here’s what many recent buyers would tell you: even with all that, making a move is worth it.
And this is why they’re thankful they went ahead and took the plunge already. Life doesn't wait for better market conditions. So, your decision shouldn't be about trying to time the market perfectly. It should be about moving when the time is right for you and what you need – and it’s different for everyone.
The Real Reasons People Bought a Home
According to the latest report from the National Association of Realtors (NAR), what’s really driving today’s moves is the desire for something bette ...

  team raj jaggi, buyers, sellers, housing market, home buyers, downsizing

Thursday, September 25, 2025   /   by Joyce Dungca

Downsizing Without Debt: How More Homeowners Are Buying Their Next House in Cash

 


If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here's a trend worth paying attention to:
More homeowners are buying their next house outright, without taking on a new mortgage. And, if you’ve owned your home for a while, you may be able to do the same. No mortgage. No monthly housing payments.
A Record Share of Homeowners Are Mortgage-Free
According to analysis from ResiClub of Census data, more than 40% of U.S. owner-occupied homes are mortgage-free – an all-time high for this data series. That means 4 in 10 homeowners own their homes free and clear (see graph below):
One big reason for this trend? Demographics. As Baby Boomers age and stay in their homes longer, many have had the time to fully pay off their mortgages. You might be in that group too and not even realize just how much buying power you now have. It’s time ...

  team raj jaggi, buyers, sellers, housing market, home owners, downsizing, mortgage

Monday, September 2, 2024   /   by Joyce Dungca

Could a 55+ Community Be Right for You?

If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you. Here’s some information that could help you make your decision.
What Is a 55+ Community?
It’s important to note that these communities aren’t just for people who need extra support – they can be pretty vibrant, too. Many people who are downsizing opt for this type of home because they’re looking to be surrounded by people in a similar season of life. U.S. News explains:
“The terms ‘55-plus community,’ ‘active adult community,’ ‘lifestyle communities’ and ‘planned communities’ refer to a setting that caters to the needs and preferences of adults over the age of 55. These communities are designed for seniors who are able to care for themselves but may be looking to downsize to a community with others their same age and with similar in. ...

  team raj jaggi, buyers, sellers, downsizing

Friday, June 21, 2024   /   by Joyce Dungca

The Downsides of Selling Your House Without an Agent

Some Highlights

Considering selling your house without an agent? You should know there are some serious downsides to handling it on your own.
You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more.
Don’t take all of this responsibility on. Instead, let’s connect so you have someone with the knowledge and experience you’ll need on your side. ...

  sellers, downsizing, home buyers, sellers’ market, home buying process