I remember this happen in California back in 2008.

Sharing is Caring!

Folks were walking away from their homes since your mortgage loan was guarantee\backed by the home itself.

The laws have changed since then.

93% of home buyers have regrets about purchasing a house in 2023.

While Americans are looking forward to the housing market reverting to pre-pandemic conditions in 2023, cooler real estate trends have yet to emerge consistently, which has resulted in many homebuyers overpaying, compromising and feeling pressured to buy.

According to a new study by Clever Real Estate, a whopping 93% of recent homebuyers and 95% of home sellers have regrets — up from 72% and 90% in 2022, respectively. A majority of Americans think it’s a bad time to sell a home (51%) and an even worse time to buy (53%).

See also  California And Nevada Have Been Rocked By 945 Earthquakes In Just The Past Week
See also  China economic collapse like '2008 global crash on STEROIDS' as warning issued that crisis will get 'much worse'

The survey, conducted April 12-13, 2023, polled 1,000 Americans who purchased or sold a home in 2022 and 2023 on their experience, previous homes sales and general views on buying and selling homes.

AC

Views: 755

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.