One in four millennials said their home value decreased while the same amount said their mortgage was expensive.
Since buyers often had to shell out more than the asking price to outdo competition, many now realize they overpaid. The survey found that one in six millennials would offer at least $100,000 above asking price for their dream home. Almost half of millennials anticipate maxing out their budgets to buy a home, with one-third planning to spend more than the median US home price of $405,000 at the time of the survey in November.
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Love learning new ideas that help me grow mentally. Boy mom and spoiled wife. Living our best life.
I want to learn how to truly help this generation build wealth through homeownership that doesn't create this regret.
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