Your kids have left and it’s now just the two of you. In order to get greater financial gain out of selling your home, you need to consider the current real estate market in the Bay Area. If the market is down, you may want to hold off on selling because you won’t be able to get as much money for your home. If the market is up, it can be a great time to downsize because you can get more equity out of your home. However, the challenge here is that if you are planning to buy a home in the same area you may pay a higher price for a smaller home too. Some factors that will arise from downsizing are lower monthly household maintenance, lower utility bills, and even less space to maintain. Keep these factors in mind when deciding on downsizing. I’m Karen Douglas, your mortgage genie whose helping make your dreams a reality!