How Downsizing Your Home Can Upgrade Your Life

May 7, 2021

 | 

If the COVID-19 taught us anything, it’s to appreciate the simple things of life. As millions of Americans have adjusted to a more simplified lifestyle, the notion that ‘less is more’ resonates more than ever before. Downsizing could be exactly what you need to maximize your life. 

 

“Many people downsize once they become empty nesters. Once their children have left the nest, homeowners begin to desire lightening their load,” shares Davidson Realty Realtor ®, Rebecca Schaffer

 

Perhaps the most obvious advantages of downsizing are financial. Selling your property with the intention of buying something smaller often means you have more money to afford upgrades in your new home that matter most to you.  But the savings don’t stop there. With less square feet under your roof, you’ll likely be spending less on your mortgage payment, utilities, and maintenance on your home. That extra cash in your pocket each month can help you go on vacations or have other experiences that will make lasting memories. 

 

Less house equals less upkeep. The time you would have spent cleaning and maintaining your home will now be cut significantly. Decreasing your space also means decreasing your belongings. Prior to your move, sort through items and only keep your more treasured pieces. A weight will be lifted off your shoulders as you say goodbye to the clutter and unused stuff that has occupied your space. Donate any items you are no longer keeping to those in need. A few of our favorite places to donate clothes and home goods are: Goodwill, BEAM Thrift, and Hope’s Closet

 

With less to worry about inside your home, the more time you can spend outside of your home. Spend your newfound free time to take up a new hobby, travel, and socialize with old and new friends. Northeast Florida is the perfect place to truly relax and live your best life. “Many downsizing buyers are taking advantage of Northeast Florida’s fifty-five and older communities for an active and social lifestyle. While others are opting for the beaches for a leisurely pace,” shares Davidson Realty Realtor ® Shelley Nemethy

 

From the beaches to the historic neighborhoods, there is something for everyone to enjoy. If you are interested in maximizing your life by minimizing your home, call the Northeast Florida real estate experts at Davidson Realty at (904) 940-5000.

November NEFAR Stats Show Pricing Continues to Stabilize

December 17, 2009

 | 

The Market Statistics provided by the Northeast Florida Association of Realtors for November, 2009 continue to show encouraging trends. Even though we do not have a full year of data, the number of closings on homes in Northeast Florida for 11 months of 2009 already exceeds the number of closings in 2008. The previous year numbers were:
2005: 24,367 closings
2006: 22,366 closings
2007: 16,775 closings
2008: 12,604 closings

The closings year to date for 2009 are 12,925, and, based on the numbers we have seen in the past few months, we expect the 2009 grand total with December’s numbers to be over 14,000 closings .

As for monthly pending sales, I believe we will continue to see some inconsistencies. Pending sales for November 2009 are 1,343, which is a 59.1% increase over November 2008. However, the November 2009 pending sales are about 200 less than the number we saw in September and October 2009. Read more

Davidson Realty