Some Pandemic Buyers Are Regretting Their Home Purchases

[sureshkonda]

In a recent homeowner survey from Zillow, roughly one third of respondents say that they regret buying a fixer-upper house that needed more work than they anticipated, 31% wish the home they bought was bigger, and 21% felt that they overpaid.

“Pandemic era buyers faced unprecedented conditions, they had far fewer homes to choose from, they had far more competition for the homes that were for sale,” said Amanda Pendleton, Zillow’s home trends expert. “A lot of buyers ended up in this home that was maybe not what they expected.”

Buyers stepping into the 2022 market have much to learn from those who shopped before them. Market forecasts predict that conditions won’t change significantly this spring. If anything, they might get tougher. At the end of December, inventory fell to a record low, according to the National Association of Realtors. Zillow projects that home prices will rise another 16 percent in 2022, on top of the 20 percent rise in 2021. Rising interest rates will likely push some buyers out of the market, but they could be replaced with others looking to escape rising rents or shoppers who sat on the sidelines last year, waiting for some stability.

[csrcsr]

Waste anna e articles anni miku illu kavalai pay cheyavalaru with some reserves monthly ante tisesukondi ekva alochimcha voddu e articles mind ni padu chestayi

[perugu_vada]

43 minutes ago, csrcsr said:

Waste anna e articles anni miku illu kavalai pay cheyavalaru with some reserves monthly ante tisesukondi ekva alochimcha voddu e articles mind ni padu chestayi

Agreed, ento janaala desparation tho oche tension ardham kaadhu .. it’s not like there are no rental properties to stay 

[Vaampire]

2021 lo 20% ey perigaya ??? Almost anni major places lo 30-50% perigayi.

 

low inventory is driving the price