20-09-2018 13:56 via ocregister.com

Older homeowners resist downsizing, Trulia report says

A new report from Trulia says households headed by seniors are delaying downsizing.
That’s in part because seniors are working longer, so they don’t feel as pressed to dramatically reduce expenses, and because more seniors are housing their adult children compared with a decade ago.
Downsizing rates for seniors had held fairly steady between 2005 and 2016, said Alexandra Lee, housing data analyst for Trulia.
In 2016, 5.5 percent of all households headed by owners 65 and over moved, w
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