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A variety of factors can come into play, from shifting finances to a new lifestyle.

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Here are five key signs you might need todownsize your house.

Most financial experts recommend keeping your housing costs at 30% or less of your income.

When you see that number move higher, consider downsizing.

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Older homeowners often downsize so they can reduce the amount of effort it takes to maintain a home.

Unused rooms … may indicate youre paying for more space than necessary, Morgado said.

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