What Recent Home Buyers Say They Regret Most

Dated: June 6 2023

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Buyer's remorse is common, especially after making a large purchase. So it's not unusual for recent home buyers to have some regrets. It's normal. A survey of new homeowners found that the vast majority said there were things about the home-buying experience that left them dissatisfied. But what were those things? Fortunately, the share of respondents who said they felt they bought the wrong house altogether was low. Many participants said they regret buying too quickly, spending too much, or making an offer under pressure. In a competitive market, that's no surprise. The home's location and neighbors also made the list – both named by just over 20 percent of buyers.

 

The number one complaint among recent home buyers was that the home they purchased required too much maintenance. Thirty-three percent of surveyed buyers listed maintaining their home as the top complaint, with 26 percent saying they regret buying a fixer-upper.

 

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Michael Downer

Your Luxury REALTOR®, Trusted Advisor — Quintessential Naples Team at Downing-Frye Realty®Michael "Mike" Downer is the REALTOR® you want in your corner when buying or selling real es....

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