Downsizing isn’t about giving something up. It’s about choosing a home that fits the life you’re living now.

For many long-time homeowners, downsizing is partly emotional — and partly financial.

After 20 or 30 years in the same home, values may have appreciated significantly. Monthly expenses may look very different than they did years ago. And understanding the financial impact of selling is just as important as deciding where you’ll go next.

It’s a common thought.

“I’ll just add my children to the title now. That way, everything is simpler later.”

If you’ve lived in your home for many years, one of the biggest questions when considering a move is this:

“What happens to my property taxes if I buy something new?”

In California, Proposition 19 may provide significant relief — but it’s often misunderstood. Let’s break it down in simple terms.