{"id":2235,"date":"2020-02-11T12:53:25","date_gmt":"2020-02-11T20:53:25","guid":{"rendered":"https:\/\/www.flyhomes.com\/blog\/?p=2235"},"modified":"2022-05-26T12:23:59","modified_gmt":"2022-05-26T19:23:59","slug":"survey-says-homebuyer-regrets-and-how-to-avoid-them","status":"publish","type":"post","link":"https:\/\/flyhomes.com\/blog\/survey-says-homebuyer-regrets-and-how-to-avoid-them\/","title":{"rendered":"Survey Says: Homebuyer Regrets (And How to Avoid Them)"},"content":{"rendered":"\n<p>Many Americans start out their home search starry-eyed and with vision boards full of beautiful bathrooms and luxury kitchens.&nbsp; However, according to a recent survey of 1,000 Americans by Flyhomes, reality often falls short of dream-home expectations. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">You can\u2019t always get what you want<\/h4>\n\n\n\n<p>Buying a home usually starts with a wish list: items like a garden-ready south-facing yard, plenty of storage, and a big bathtub. In reality, more often than not people have to make some big compromises. <\/p>\n\n\n\n<p>What does that look like, by the numbers? <\/p>\n\n\n\n<p><strong>Over half\u201456% of homebuyers surveyed\u2014<\/strong>say their list of must-haves changed significantly from the time they started the process of home shopping until the time they bought their homes.&nbsp;<\/p>\n\n\n\n<p><strong>1 in 3 people <\/strong>say that the house they bought<strong> did not fit the criteria they had for a dream home.&nbsp;<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"500\" data-attachment-id=\"2240\" data-permalink=\"https:\/\/flyhomes.com\/blog\/survey-says-homebuyer-regrets-and-how-to-avoid-them\/homebuyer-expectations-1\/\" data-orig-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1.png\" data-orig-size=\"800,500\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Homebuyer-Expectations-1\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1-300x188.png\" data-large-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1.png\" src=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1.png\" alt=\"\" class=\"wp-image-2240\" srcset=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1.png 800w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1-300x188.png 300w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1-768x480.png 768w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-Expectations-1-144x90.png 144w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Stress is common<\/h4>\n\n\n\n<p>Stress and homebuying tend to go hand-in-hand, even more than people think: <strong>58% <\/strong>say that buying a home was more stressful than they expected.&nbsp; <\/p>\n\n\n\n<p>So, how did this stress show up? <\/p>\n\n\n\n<p><em>Cry it out:<\/em> <strong>15% say they were reduced to tears <\/strong>by the process.&nbsp;<\/p>\n\n\n\n<p><em>Fight it out<\/em>: <strong>One in 5 say they got into a fight<\/strong> with their partner while buying a home.<\/p>\n\n\n\n<p><em>Talk it out: <\/em><strong>Two in 5 say they talked to their parents<\/strong> about it.<\/p>\n\n\n\n<p><em>Play hooky: <\/em><strong>16% say they missed work <\/strong>while buying a home. <\/p>\n\n\n\n<p><em>(Don\u2019t) sleep on it<\/em>: <strong>One-third say they lost sleep<\/strong> over the home buying process.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" data-attachment-id=\"2242\" data-permalink=\"https:\/\/flyhomes.com\/blog\/survey-says-homebuyer-regrets-and-how-to-avoid-them\/homebuyer-stress\/\" data-orig-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress.png\" data-orig-size=\"800,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Homebuyer-stress\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress-300x300.png\" data-large-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress.png\" src=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress.png\" alt=\"\" class=\"wp-image-2242\" srcset=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress.png 800w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress-300x300.png 300w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress-150x150.png 150w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress-768x768.png 768w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-stress-90x90.png 90w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Money talk<\/h4>\n\n\n\n<p>Buying a home is notably an expensive endeavor.&nbsp;No surprise there. But what does that actually look like? <\/p>\n\n\n\n<p>Among first time homebuyers,<strong> 40% say they spent more than they expected to <\/strong>when buying a home.<\/p>\n\n\n\n<p><strong>Half<\/strong> of the people who overspent say that they<strong> paid more than $20,000<\/strong> more than they expected to \u2014 and <strong>14% went more than $50,000<\/strong> <strong>over budget<\/strong>.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"500\" data-attachment-id=\"2244\" data-permalink=\"https:\/\/flyhomes.com\/blog\/survey-says-homebuyer-regrets-and-how-to-avoid-them\/money-talk\/\" data-orig-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk.png\" data-orig-size=\"800,500\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"money-talk\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk-300x188.png\" data-large-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk.png\" src=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk.png\" alt=\"\" class=\"wp-image-2244\" srcset=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk.png 800w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk-300x188.png 300w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk-768x480.png 768w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/money-talk-144x90.png 144w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Regrets<\/h4>\n\n\n\n<p><strong>Nearly \u00bc of those surveyed say they experienced buyer\u2019s remorse<\/strong> when buying a home.&nbsp; <\/p>\n\n\n\n<p>What were those regrets?&nbsp;<\/p>\n\n\n\n<p><em>Too much $$:<\/em> <strong>&nbsp;36% say they spent more money <\/strong>than they were comfortable with and <strong>20% say they paid too much<\/strong> for their home.&nbsp;<\/p>\n\n\n\n<p><em>Too many repairs: <\/em><strong>Over half say <\/strong>their new home required unexpected repairs or maintenance.<\/p>\n\n\n\n<p><em>Too many taxes:<\/em> <strong>A quarter say<\/strong> their property taxes were higher than expected.<\/p>\n\n\n\n<p><em>Too far from the coffee shop:<\/em> <strong>Nearly<\/strong> <strong>1 in 5 say <\/strong>they weren\u2019t happy with the location. <\/p>\n\n\n\n<p><em>Too small:<\/em> <strong>Nearly a third<\/strong> <strong>say <\/strong>they wished they\u2019d bought a larger house.<\/p>\n\n\n\n<p><em>Too few bathrooms:<\/em> <strong>One in 5 say <\/strong>they wished they had more bathrooms.<\/p>\n\n\n\n<p><em>Too little chef space:<\/em> <strong>Nearly a third<\/strong> <strong>say<\/strong>&nbsp;they wished for a larger kitchen.<\/p>\n\n\n\n<p><em>Too much upkeep:<\/em> <strong>One in five say<\/strong> upkeep and maintenance was more work than they expected.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1000\" data-attachment-id=\"2245\" data-permalink=\"https:\/\/flyhomes.com\/blog\/survey-says-homebuyer-regrets-and-how-to-avoid-them\/homebuyer-regrets\/\" data-orig-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets.png\" data-orig-size=\"800,1000\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Homebuyer-regrets\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets-240x300.png\" data-large-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets.png\" src=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets.png\" alt=\"\" class=\"wp-image-2245\" srcset=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets.png 800w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets-240x300.png 240w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets-768x960.png 768w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/Homebuyer-regrets-72x90.png 72w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">How to avoid regrets and surprises<\/h4>\n\n\n\n<p>Our Client Advisors, the agents who act as &#8220;head coach&#8221; to our homebuying clients, have three tips that help people feel less stressed while buying and more in love with the homes they buy. <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"500\" data-attachment-id=\"2247\" data-permalink=\"https:\/\/flyhomes.com\/blog\/survey-says-homebuyer-regrets-and-how-to-avoid-them\/no-regrets\/\" data-orig-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets.png\" data-orig-size=\"800,500\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"no-regrets\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets-300x188.png\" data-large-file=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets.png\" src=\"https:\/\/www.flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets.png\" alt=\"\" class=\"wp-image-2247\" srcset=\"https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets.png 800w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets-300x188.png 300w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets-768x480.png 768w, https:\/\/flyhomes.com\/blog\/wp-content\/uploads\/2020\/02\/no-regrets-144x90.png 144w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure><\/div>\n\n\n\n<p><strong>Expect to pay over list price<\/strong><\/p>\n\n\n\n<p>In our HQ city of Seattle, <a rel=\"noreferrer noopener\" aria-label=\"about 50% of homes sold in January sold over list price (opens in a new tab)\" href=\"https:\/\/www.flyhomes.com\/blog\/january-market-update-seattle-eastside\/\" target=\"_blank\">about 50% of homes sold in January sold over list price<\/a>. This is unlikely to decrease as long as home inventory stays low and homes continue to sell quickly. <\/p>\n\n\n\n<p>So, if you set your sights on homes listed at the top of your budget, you&#8217;re likely to get out-priced or to spend more than you&#8217;ve budgeted. <\/p>\n\n\n\n<p>Instead, search well below your max so you can comfortably bid up. If your budget is $750,000, start your search at $650,000 to leave room. <\/p>\n\n\n\n<p>Also important here: <a rel=\"noreferrer noopener\" aria-label=\"Get pre-underwritten (opens in a new tab)\" href=\"https:\/\/www.flyhomes.com\/blog\/the-thing-most-house-hunters-dont-do-but-really-should\/\" target=\"_blank\">Get pre-underwritten<\/a> for absolute confidence in your budget. Pre-underwriting means you&#8217;ll have all of the loan process completed up front, except for the part that factors in the home you&#8217;re buying. You&#8217;ll know <em>exactly <\/em>how much your budget is (and how much is too much). That information will help reduce stress. <\/p>\n\n\n\n<p><strong>Remember you\u2019re going to make the home yours<\/strong><\/p>\n\n\n\n<p>Unless you have a near-unlimited budget paired with a lot of luck, no home is perfect &#8230; especially when you first move in.&nbsp;<\/p>\n\n\n\n<p>There&#8217;s a big difference between a dream home and the <em>dream of owning a home you love<\/em>. That second one is very attainable. <\/p>\n\n\n\n<p>It&#8217;s OK to be aware of things you&#8217;ll likely want to change when you can, like a kitchen renovation or an extra bathroom. Prioritize the wish list items that <em>can&#8217;t<\/em> change, like the neighborhood or the amount of yard space. <\/p>\n\n\n\n<p><strong>Enjoy exploring neighborhoods<\/strong><\/p>\n\n\n\n<p>Identify your favorites, and then widen the circle. Going a little farther from the hottest &#8216;hoods usually gets you more square footage and better amenities for less money.&nbsp;We too often see people overlook beautiful neighborhoods with great schools just because they aren&#8217;t buzzy. Be the one to start a trend! <\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center\">Let&#8217;s chat!<\/p>\n\n\n\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-background\" href=\"https:\/\/youtu.be\/4Se8g7VbeuE\" style=\"background-color:#1b1464\">Watch ON YOUTUBE<\/a><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<input type=\"hidden\" id=\"calendly_utm_post_id\" value=\"2235\" \/><input type=\"hidden\" id=\"calendly_utm_post_title\" value=\"Survey Says: Homebuyer Regrets (And How to Avoid Them)\" \/>","protected":false},"excerpt":{"rendered":"<p>According to a recent survey of 1,000 Americans by Flyhomes, reality often falls short of dream-home expectations. But we have some ways to avoid the stress!<\/p>\n","protected":false},"author":148668397,"featured_media":2252,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8553,655421881,655421632],"tags":[655421882],"class_list":["post-2235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategy","category-survey","category-tips","tag-survey"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Survey Says: Homebuyer Regrets (And How to Avoid Them) - Blog<\/title>\n<meta name=\"description\" content=\"Our survey of 1,000 Americans shows that reality often falls short of dream-home expectations. 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