Posts with tag 'Retirement'
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 8 Posts
- 2025 | 48 Posts
- 2024 | 48 Posts
- 2023 | 45 Posts
- 2022 | 47 Posts
- 2021 | 48 Posts
- 2020 | 48 Posts
- 2019 | 10 Posts
- 2018 | 2 Posts
7
Retirees: Why Downsizing Could Be a Great Decision
If you're a baby boomer who's close to retirement or already retired, it may be time to sell your home. With current home prices at an all-time high and multiple buyers competing for properties, our REALTORS® are witnessing a seller's market that's booming. Downsizing right now may be a great decision for your golden years.
In Nassau and Suffolk counties, home sales are competitive. Buyers are flooding the market looking for properties that suit their lifestyle and finances. According to the National Association of Realtors, the median price for all types of homes has jumped 14.6% from prices just one year ago, especially in the suburbs where low inventory is pushing prices up even higher. If retirement is on the horizon, selling your home could provide many benefits.
Selling Your Home
Selling your home in such a competitive market can actually save you money. With so many buyers looking for homes, you may save money on home repairs and upgrades. You don't need to do a major renovation to attract interested buyers, just concentrate on necessities.