When I hear the term downsizing I often think of seniors, but I've noticed an interesting trend lately. My friends with kids who are headed to college are positively giddy about getting out of the burbs. They loved suburban life while the kids were young but now they're anxious for the next phase of their lives. Free of carpools and lawn care, they're excited about embarking on a new adventure. One friend excitedly whispered to me "we just have one year left before we put our plan into action!"
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Neither the cold weather or the Pats game (sorry, I know...) were slowing down the real estate market this past weekend. Here's why: As our friends at MSA Mortgage pointed out in the above chart, interest rates are still very low. Buyers are out in force, looking to snag a home before the spring market gets a little crazy and rates start to creep up.