72% of Recent Homebuyers Have Regrets About Their Purchases. As the Market Cools, These Steps Can Help You Avoid Disappointment

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The hot seller’s market in recent years prompted buyers to go above and beyond to seal the deals on their prospective homes, a recent survey finds.

To that point, 31% of buyers said they paid over the asking price. The median amount paid over the listing price was $65,000.Even so, the competition was fierce, with

The National Association of Realtors last week announced the U.S. is in a housing recession in terms of declining sales and building. However, prices continue to rise nationally as inventory remains tight. Still, there are several moves prospective home buyers can make now to put their deals on firmer financial footing, according to Doe.Close to half of home buyers — 43% — made financial concessions like waiving a home inspection amid fierce competition for homes, Clever's survey found.

 

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Lol want people to rent forever

Refinance once the interest rates drop. Duh

I bought in July 2020 No regrets

Don't buy a house thinking it will double in value because you painted couple of rooms.

Bought my house in Florida in 2018 before the bubble for 240k in Orlando 😒had nothing but problems all fixable but what wasn't was the neighborhood. Homeless everywhere, hookers, had car broken into on my own lot (police did jack). sold it for 320k and left in 2021 happy I did.

🤣😂🤣😂 And, just like the student loan fiasco, these pitiful examples of humanity will be begging for relief from this, next. Everyone thought it was cute to beat others out of a home and now its biting them in the ass. 😂🤣🤣😂

nO RegErTs

TrySmallBiz 72%? The problem is not that the media sucks and misreport every piece of information. It’s that some people, the vast majority in this particular case, will take them seriously.

While the prices are going down the interest rates continue to rise, the corporate hogs that have bought all the residential estate are in full control of this latest housing bubble once again we did not learn from our previous mistakes 2008.

Buying at the very top of a market cycle...what did you think would happen next people? It just endlessly skyrockets?

If you got locked in below 3% you're winning

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