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Buyers Remorse Strikes Over 70% of Recent Home Buyers

The highly competitive home buyers market spanning the past few years has left the majority of buyers with a notable feeling of buyers remorse. The primary causes of the regrets are a result of:

  • Purchase Price Extremely High
  • Low Inventory Resulted in Unmet Desired Features
  • Buyer Competition Forced Quick Purchase Decision

In a CNBC article written by Lorie Konish she shares some shocking details about the historic sellers market of the past few years: ” 31% of buyers said they paid over the asking price. The median amount paid over the listing price was $65,000. Notably, tight competition led 36% to make an offer on a home without seeing it in person first.”

Learn more details in the CNBC article:  
72% of recent homebuyers have regrets about their purchases. As the market cools, these steps can help you avoid disappointment

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Notary Near YouBuyers Remorse Strikes Over 70% of Recent Home Buyers

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