According to Jessica Lautz, vice president of demographics and behavioral insights at the National Association of Realtors, “Many homeowners, especially younger buyers, have to make compromises on the house they end up purchasing.”
Almost 2/3 of millennials regret buying a home. But that number has stayed consistent for millennial homeowners over the last couple of years.
Home values go up and they go down and hang in there it'll always come back up.
In this episode, Katherine and Darin discuss and share their thoughts on why there is regret with home buying, how to avoid it and why there should be a perspective shift.
Show Highlights Include:
CNBC.com published an Article about “64% of millennials have regrets about buying their current home—here’s why” (0:38)
The most common regret: Underestimating costs (2:10)
Do you have regrets about owning a home? (3:18)
Takeaways from this episode of Real Estate, Money and Marriage podcast from Katherine and Darin Persinger (10:55)
Resources mentioned in today’s show:
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