Real Estate Today

Downsizing and Multigenerational Homes

Oct 17, 2025
Join experts Dane Ramsden, a senior relocation specialist, Mary Harmon Young, a real estate broker focused on multigenerational homes, and Jessica Lautz, a deputy chief economist at NAR. They dive into the concept of 'right-sizing' for seniors and the emotional challenges of relocating. Discover the rising demand for multigenerational living and essential features for aging in place. Plus, hear about the evolving trends in housing, including the significant influence of baby boomers and the role of single women in the market.
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ADVICE

Begin With Treasures And Tiered Disposal

  • Start downsizing by marking and setting aside family treasures for relatives to keep.
  • Sell valuable items via estate sales or auctions to raise funds and donate or recycle the rest.
INSIGHT

Right-Sizing And Multigenerational Demand Rise

  • Right-sizing currently represents about 30% of Dane's transactions and multigenerational purchases are rising toward 20%.
  • Families increasingly combine households, creating new demands on housing design and services.
ADVICE

Stage For Day-One Living

  • Remove most belongings and stage the home so buyers can picture modern living and day-one comfort in the new place.
  • Use physical or virtual staging and keep essentials aligned with the seller's day-one living setup.
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