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Why Now is the Best Time to Downsize

A simple kitchen with tile backsplash, wood countertops, and white paneled cabinets.

Searching for a smaller home? Chances are, you’re not alone.

Over the past few years, many “baby boomers” have experienced a sudden change. Their children have moved out and bought homes of their own, leaving their parents to dream about their own lives.

Oftentimes, such a sudden change in household size can be eye-opening. All of a sudden, that two story home with five bedrooms is too big. It’s costly, overly spacious, and hard to keep up with.

The solution? Downsizing.

Save Money & Improve Your Lifestyle

Downsizing your home is becoming a popular option for older generations. In the past, developers and builders focused on constructing huge luxury properties. But, just like the real estate market, that has shifted significantly.

In Raleigh, you’ll discover a wide variety of homes perfectly suited for smaller households. Two- or three-bedroom ranch style homes are increasingly popular, which is why you’ll find plenty of homes like this for sale in Raleigh.

Plus, unlike more luxury options, these homes are highly affordable.

Find Amenities Catered to Your Needs

A man standing on the golf course at sunset.

The best part about downsizing? You can find a neighborhood that offers all the amenities you’ve ever wanted! Don’t want to take care of your yard or home’s exterior? Search for homes in low-maintenance or maintenance-free communities!

Want to live right on the golf course? There are plenty of golf neighborhoods in Raleigh, as well as the greater Triangle area. When it comes to finding your dream home in Raleigh, you have every option right at your fingertips.

Downsizing is Highly Affordable

As the housing market throughout the United States remains consistent and reliable, you’ll notice a variety of single-family homes sold at lower price points.

According to the National Association of Home Builders (NAHB), “The inventory of new homes for sale was 344,000 in March, representing a 6 months’ supply. The median sales price was $302,700 with strong gains in homes sold at lower price points. The median price of a new home sale a year earlier was $335,400.”

Looking to Downsize Your Raleigh Home?

Linda Craft & Team REALTORS® can help you find the perfect home in Raleigh. Give us a call today to explore all your Raleigh home-buying options!

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