Saturday, September 20, 2008

What are the Right Reasons to Downsize?

Does moving to a smaller home always have to do with growing older? Let's talk about some of the reasons to downsize…
Sure, some people downsize to save money but what about the following:

1) Less stairs to climb
2) Single level living
3) Life style change
4) Shorter commute
5) On site amenities

Now, if you think about the hot points listed above, don't they sound like a condo? A low rise, mid or high rise development? Facts are that despite opinions about condos or mid and high rise developments, they do offer a very viable life style alternative that can be enjoyed by all ages. And I really mean enjoyed…not just saving money! Newer condo developments have numerous amenities that make them like a "condo-tel". That is a fancy word for condos with hotel amenities like a theatre, a fitness center, a business center, a wine cellar, a clubhouse, a billiard room and concierge services. And, they are usually within walking distance to shops, markets and restaurants.

I'm suggesting that condos are, and always will be a good lifestyle and an investment opportunity. What are your thoughts? Please send your comments.

And thank you for making me Your Orange County Real Estate Connection.

Best regards.
Michael Caruso, Broker ABR ABRM CRB CRS GRI
2007 President, Orange County Association of Realtors

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