Down sizing: Up with efficiency, an article from The Denver Post, reports that more homeowners are considering a move from their suburban homes to smaller condos or townhomes closer to the inner city. Empty-nesters and small families alike are thinking that it may make economic sense. In October, the average selling price for a condo in the Denver area was $164,686, as compared to $250,172 for a single-family home. Benefits to downsizing include a smaller mortgage, lower utilities and less taxes.
http://www.denverpost.com/headlines/ci_11188030
http://www.denverpost.com/headlines/ci_11188030
