Downsizing and Multigenerational Homes

Is it time to consider downsizing—or as we like to say, rightsizing? More families are facing the challenge of saying goodbye to a long-time home. This week on Real Estate Today, we guide you through the careful process of senior relocation and the critical steps to making this transition as smooth as possible. We discuss the tough challenge of deciding what stays and what goes; ways of helping sellers feel comfortable in their new space; and tips for managing emotions.

We also explore the latest generational trends in homebuying and selling, including the rising demand for multigenerational homes for families looking to combine their households.

Guests include Jessica Lautz, NAR deputy chief economist; Dane Ramsden, REALTOR® and senior relocation specialist; and Mary Harmon Young, REALTOR® and senior housing professional.

Plus, in our Hot or Not segment, we look at two flooring trends: polished tiles and high-gloss hardwood.