Monday, October 16, 2023 / by Richard Eimers
Buyer Stress Worse than Dating – and Potty Training
Study: What’s more stressful than buying a new home? A divorce or finding a new job. But events such as weddings, car buying or finding a college are not.
SEATTLE – Nearly two-thirds of recent U.S. homebuyers (59%) think purchasing a house is more stressful than dating, according to a report from Qualtrics commissioned by Redfin covering May-June, 2023.
“Getting ghosted by your date is stressful, but purchasing a home in today’s market comes with its own unique set of anxieties,” says Redfin Chief Economist Daryl Fairweather. “Buyers are increasingly ghosting sellers as housing costs climb, and high mortgage rates are prompting many homeowners to stay put instead of selling – meaning house hunters have a record low number of homes to swipe right on.”
Of the life events respondents had to choose from, respondents found only two more nerve-wracking than buying a home: 57% said divorce and 56% said finding a new job.
The results don& ...
SEATTLE – Nearly two-thirds of recent U.S. homebuyers (59%) think purchasing a house is more stressful than dating, according to a report from Qualtrics commissioned by Redfin covering May-June, 2023.
“Getting ghosted by your date is stressful, but purchasing a home in today’s market comes with its own unique set of anxieties,” says Redfin Chief Economist Daryl Fairweather. “Buyers are increasingly ghosting sellers as housing costs climb, and high mortgage rates are prompting many homeowners to stay put instead of selling – meaning house hunters have a record low number of homes to swipe right on.”
Of the life events respondents had to choose from, respondents found only two more nerve-wracking than buying a home: 57% said divorce and 56% said finding a new job.
The results don& ...