Category Archives: Home Buying

Most Common Regrets of the First-time Homebuyer

  • 62% outgrew their homes quickly and wished they had purchased a larger home
  • 40% feel they paid too much or should of put more down
  • 38% were surprised by how much it costs to maintain a home
  • 34% wished they had negotiated more or found a better mortgage rate
  • 25% found out after moving in that they didn’t like the neighborhood
  • 24% have regrets related to their yard
  • 17% dislike their parking situation

Source: HouseHunt.com

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What Amenities Are Important to Home Buyers?

Here are the results of a recent survey of more than 1,000 people ages 25 to 65:

  • 64% say they prefer a move-in ready home
  • 51% say they want their next home to be larger than their current home
  • 29% say the kitchen is the most important feature in a home
  • 22% say the master bedroom is important
  • 18% say the living room is important

Here are some things that buyers are willing to give up in order to get certain amenities:

  • 41% are willing to give up a location near public transportation
  • 35% are willing to give up better schools and proximity to entertainment and shopping
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