Millennials more likely to have regret after buying a home |

Millennials more likely to have regret after buying a home

Buying a home that is too small chief among them

By Aldo Svaldi | | The Denver Post

The regrets that can plague home buyers are many, and young adults have more of them than older ones, according to a survey from Trulia, the real estate website.

Just over one in five surveyed say a past mistake is preventing them from making a change in their housing situation.Some buyers kick themselves for not being on more solid financial ground when taking on a mortgage, while four in 10 renters who didn’t buy also expressed regret for not making the leap in a market where prices have moved in only one direction — up.

About 13 percent of parents wish they had purchased in a neighborhood with better schools, while a comparable share of buyers, 15 percent, wish they had done better research on the front-end.

Harris Poll surveyed 2,264 U.S. adults from June 28 to June 30 for Trulia, which sponsored a similar survey in 2013 when U.S. housing markets were emerging from a long slump.

Read the full story on The Denver Post website, click here.


Support Local Journalism

Support Local Journalism

As a Summit Daily News reader, you make our work possible.

Now more than ever, your financial support is critical to help us keep our communities informed about the evolving coronavirus pandemic and the impact it is having on our residents and businesses. Every contribution, no matter the size, will make a difference.

Your donation will be used exclusively to support quality, local journalism.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User