More and more Americans are trading their large houses for a more 'cozy' place to call home.
With the housing market cooling off, some homeowners are taking stock of what they have, and deciding to downsize from a spacious home to a more manageable flat or apartment.
"David Horwitz and his wife, Diane, are the type of homeowners looking to streamline their expenses and unload their roomy homes for more humbler abodes. The Horwitzes, both semi-retired, just moved into a 1,200 square-foot apartment on the Upper East Side of Manhattan after living in a 2,200 square-foot home in Scarsdale, New York.
'Our property taxes went down by 1,000 percent, the ConEd (bill) was cut by two-thirds and the cost of home maintenance was reduced by at least 50 percent,' said David Horwitz. 'No gardener, no roofer cleaning gutters, no tree spraying, no snow removal, no exterior painting every six or seven years.'
Mike Wright and Lin Drury are also enjoying the city life.
Halstead Property, a Manhattan real-estate firm, recently sold the couple a 900 square-foot co-op in the Inwood Hills area of Manhattan. Their new place is smaller than the 1,100 square-foot townhouse they called home in Ossining, New York.
A writer by profession, he said his motivation for moving to Manhattan was not just to downsize, but to be closer to his wife's job as an associate professor of nursing at Pace University, New York City and Westchester."
FULL STORY: Homeowners say "Downsize Me!"

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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