Most millennial homeowners regret buying their home, survey finds

Jun 1, 2021 · Nearly two-thirds (64%) of millennials in a new Bankrate survey said they regretted buying their homes. The survey polled more than 1,400 homeowners. The survey polled more …

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Most Millennial Homeowners Regret Buying Their Home, Survey Finds

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Jun 1, 2021 · Nearly two-thirds (64%) of millennials in a new Bankrate survey said they regretted buying their homes. The survey polled more than 1,400 homeowners. The survey polled more …

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64% Of Millennials Have Regrets About Buying Their Current Home

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May 17, 2021 · Nearly two-thirds of millennials say they have at least one regret about purchasing their current home, according to a new poll from Bankrate.

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64% Of Millennial Homeowners Have Regrets: Maintenance …

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May 17, 2021 · Overall, 43% of homeowners have at least one regret about buying their current home, and the top homeownership regret was that maintenance and other hidden costs were …

bankrate.com

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Millennials Have Regrets Buying Their First Homes - CNBC

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Feb 7, 2023 · Here's what millennial homeowners report regretting when buying their first home: Paying too high of an interest rate (22%) Not being educated about homebuying (21%)

cnbc.com

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93% Of People Regret Buying Their Homes, New Survey Finds

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Dec 17, 2023 · Buying a home that required too much maintenance topped the list of regrets, with 39 percent of people reporting that the seller they purchased from "was not upfront about how …

bestlifeonline.com

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90% Of Millennials Regret About Their First Home Purchase (2024)

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Feb 13, 2024 · Regrets of Millennial Homeowners. Among the 33% of millennials who have already purchased homes, the regret rate has risen from 82% in 2023 to an alarming 90% in …

noradarealestate.com

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Millennials Facing Financial And Physical Regrets After Buying Homes

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Jun 11, 2021 · According to a recent Bankrate survey, 64% of millennials aged 25 to 40 are facing regrets after buying a home compared with 33% of baby boomers aged 57 to 75. The survey …

usatoday.com

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Regrets? Millennials Have A Few About Buying Their First Homes

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Jun 9, 2019 · Overall, 81% of homeowners between 18 and 34 years old have at least one regret about their home, compared with 65% of those 55 years and older, a recent Zillow survey shows.

forbes.com

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A Whopping 90% Of Millennials Regret Buying Their First Home

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Jan 23, 2024 · According to a new survey from buyer and seller-focused blog site Real Estate Witch, a whopping 90% of millennial homeowners have regrets about their first home purchase.

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Are millennial homeowners regretting buying a house?

Millennial homeowners are regretting buying houses. Nearly two-thirds of millennial homeowners in a Bankrate survey said they regretted buying a home. A cutthroat housing market with shrinking inventory have caused buyers to rush purchases. First-time buyers are more likely to buy fixer-uppers or houses online, which can have hidden costs. ...

Are millennials experiencing buyer's remorse?

Millennial homeowners are experiencing buyer's remorse. Nearly two-thirds (64%) of millennials in a new Bankrate survey said they regretted buying their homes. The survey polled more than 1,400 homeowners. Just over 20% cited expensive maintenance costs as the reason for their regret, while 13% said it was because they overpaid. ...

Are millennials remorseful about their first home purchase?

Young people in a certain generation are reporting that homeownership often comes with a hefty helping of remorse. According to a new survey from buyer and seller-focused blog site Real Estate Witch, a whopping 90% of millennial homeowners have regrets about their first home purchase. ...

Will millennials be able to buy a house?

Forty-three percent of millennials also say that they will be able to afford a home within the next year and another 32 percent believe they can acquire a house over the next five years. "Older generations are more likely to already own homes, so are not as optimistic about buying a new home in the short term," Jones said. ...

Do Millennials feel contrite about homebuyers?

That number is up 8% from the website’s 2023 Millennial Home Buyer Report, which found that a still-high 82% of homebuyers in their late 20s to early 40s felt contrite about certain aspects of their residences. ...

Are millennials putting down a larger percentage on a home?

One in three millennials also said they would be putting down a larger percentage on a home, buying an altogether less expensive home or even delaying their plans to buy altogether. ...