Retirement once came with a predictable housing move for many Michigan seniors. Homeowners often sold the family house and shifted into smaller, easier-to-maintain properties. Today, that familiar playbook no longer works as smoothly as it used to. Rising mortgage rates and climbing insurance premiums now reshape every step of the downsizing decision.
Many older homeowners now pause, calculate, and ultimately decide to stay put longer than expected. That shift changes both retirement lifestyles and the broader Michigan housing market in noticeable ways.
