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Main Line Real Estate Agents Discuss Why Homeowners Have Been Downsizing Their Homes

Home buyers from all across the United States are now thinking about selling their homes and trading them for less-expensive ones – and for good reason. Main Line real estate agents at Sage Realty are explaining why this might be the case, including how downsizing in the current real estate market makes sense; especially when considering the following benefits:

 

3 Benefits of Scaling Down to a Smaller Home

 

  1. While many people dream about spending their lives living in huge mansions, the truth of the matter is that this isn’t very realistic. Not only are houses of such caliber expensive, but they require a lot of upkeep, and as a result, can mean more stress and less time for yourself.

 

  1. Moreover, by purchasing a house that is even a few hundred dollars cheaper than your current home, you will find that you can save a large amount of money.

 

  1. Furthermore, if you time it right, you will find that you can actually use the money from selling your old home to pay for the entire mortgage on your new home. Even if you cannot afford the entire mortgage, you will certainly be able to pay it off within a shorter period of time.

 

If you have recently been thinking about downsizing your home, remember that you should reflect on the current state of your life prior to making such a big decision. According to a study by Fannie Mae, “37% of Americans believe they have less than 20% equity in their current home. In actuality, 69% have greater than 20% equity.”

 

This means that most Americans can take advantage of exiting equity to truly benefit from downsizing.

At Sage Realty, our experienced main line real estate agents can analyze your specific situation, figure out if downsizing your home is a good idea, and guide you every step of the way. To find out more about Sage Realty’s real estate services or to read more about the benefits of scaling down, visit the Sage Realty website today at https://www.findahomeinpa.com/ or call them at 610-687-4000.

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Featured Testimonial

I moved to PA from Washington State and learned that realty is local. There were things that I thought I knew about buying a house previously but boy was I wrong. Linda was very patient with me but also did not hold back when she saw potential problems, and always made sure I had all the information I needed before making a decision and didn’t belittle concerns to just get a sale. Above all else, and this was the most important thing to me, Linda has a high ethical standard, is very transparent in her approach and is someone I trusted making one of the biggest decisions of my life. – A. Lindsay (Courtesy of Google)

 

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.