
Homeowners Keep Seeing Renovation Budgets Change Midproject: What’s Causing the Costly Surprises
Whether you’re tackling a bathroom renovation, kitchen refresh, or anything in between, your budget should be top of mind. It’s your responsibility to work with your contractor to come up with a realistic spending plan for everyone involved. Once you do, however, don’t be surprised if it changes.
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Gen Z’s Fear of Mortgages Is Keeping Them Trapped in the Endless Cycle of Renting
Financial anxiety, shame, and information overload can discourage Gen Z from buying a home, even if they can afford to do so. In a recent report by FirstHomeIQ and National MI featuring 1,000 Gen Z and millennial consumers, 63% said they felt overwhelmed by homebuying information, 42% had put off sp
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Struggling Homeowners Feeling ‘House Poor’ Have More Breathing Room Than They Think
Homeownership has always come with costs beyond the mortgage payment, but for many Americans, those expenses are becoming harder and harder to manage. A recent LendingTree survey found that 59% of mortgage holders consider themselves “house poor" in the current economy. “Unfortunately, the costs don
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A Third of Pandemic-Era Homebuyers Regret Their Real Estate Purchase
Homebuyer’s remorse is happening more and more—even for those who snagged good deals on their homes. A recent study by Clever found that roughly 40% of homeowners felt regret within their first year of owning, including 19% within the first month. And those who bought in 2022 are the most likely to
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