Downsizing | Blog

Thursday, January 29, 2026   /   by Joyce Dungca

Why So Many Homeowners Are Downsizing Right Now

 


For a growing number of homeowners, retirement isn’t some distant idea anymore. It’s starting to feel very real.
According to Realtor.com and the Census, nearly 12,000 people will turn 65 every day for the next two years. And the latest data shows as many as 15% of those older Americans are planning to retire in 2026. And another 23% will do the same in 2027.
If you’re considering retiring soon too, here’s what you should be thinking about.
Why Downsize?
Now's the perfect time to reflect on what you want your life to look like in retirement. Because even though your finances will be going through a big change, you don’t necessarily want to feel like you’re living with less.
But odds are, what you do want is for life to feel easier.
Easier to enjoy.
Easier to manage.
Easier to maintain day-to-day.
The Top Reasons People Over 60 Move
You can see these ben ...

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

Thursday, January 29, 2026   /   by Joyce Dungca

Why So Many Homeowners Are Downsizing Right Now

For a growing number of homeowners, retirement isn’t some distant idea anymore. It’s starting to feel very real.According to Realtor.com and the Census, nearly 12,000 people will turn 65 every day for the next two years. And the latest data shows as many as 15% of those older Americans are planning to retire in 2026. And another 23% will do the same in 2027.If you’re considering retiring soon too, here’s what you should be thinking about.Why Downsize?Now's the perfect time to reflect on what you want your life to look like in retirement. Because even though your finances will be going through a big change, you don’t necessarily want to feel like you’re living with less.But odds are, what you do want is for life to feel easier.Easier to enjoy.Easier to manage.Easier to maintain day-to-day.The Top Reasons People Over 60 MoveYou can see these benefits show up in the data when you look at why peo; ...

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

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