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Tom Lyons
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Downsizing |
Downsizing.
 Downsizing house size has been a key buzzword for 2009-2010 and we suspect that the trend will continue through 2011.
Many people now realize that it may not make financial sense for them to own a large 4000 sq. ft. house (just an example of house size) if the house is not appreciating in value. People and families now choose to forego the larger house and live in a smaller house. After all if you really think about it, do you really need that large house? Most could get by with smaller homes. New home builders also see this trend with the new economy and new realities that the GREAT RECESSION has brought to us. A smaller house means a smaller mortgage payment, less cost for utilities, less money out of your pocket, etc. Yet you still retain all of the benefits and tax breaks that home ownership brings.
 Here are a few good articles on this new reality.
As always the Tom Lyons Real Estate Team has expert knowledge on how to get this done for you.
Thanks for reading!!
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