New Home Mortgage : New York, New Orleans, Arizona, Florida & Texas

A Source for New Home Mortgage Loans in New York, New Orleans, Arizona, Florida, Texas from New Home Mortgage Company

  • Sep
    10
    home mortgageMany empty-nesters assumed the grass will be greener in a smaller home. Not necessarily. Last year Rick and Suzanne Pepin moved from the four-bedroom 3,400-square-foot house in Minneapolis where they lived with their three (now grown) kids to a luxury condo that’s a third smaller and offers only a Murphy bed for guests. Still, the couple couldn’t be happier.

    Downsize home downsize expenses

    Here’s what a family of four could save annually by moving from a 2,800-square-foot home to a 1,800-square-foot one.
      Utilities savings Property tax savings
    Atlanta $1,217 $983
    Boston 1,922 3,962
    Chicago 1,281 4,545
    Denver 1,179 1,779
    Houston 1,755 6,162
    L.A. 1,153 4,958
    Miami 1,243 9,089
    Philadelphia 1,665 1,159
    U.S. Avg. $1,300 $2,597

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