Millennials suffering from buyer’s remorse in hot real estate market
New survey shows many millennials regret buying their home for a variety of reasons.
In a competitive real estate market, sometimes people rush into a deal that doesn’t fit their budget or suit their needs – and for millennials this year – they’re suffering from what experts say is a major case of buyer’s remorse.
Nicole Bachaud, an economic data analyst for Zillow says that buyer’s remorse in a market that has home prices rising, bidding wars & low supply overall – isn’t surprising.
“We do hear a lot of those anecdotal stories about buyer’s remorse happening.”
A new Bankrate survey says 64% of millennials have regrets…