Homeowners with no regrets, and other notable numbers
Do you homeowners out there regret buying? Nine percent of Americans surveyed on behalf of Bankrate.com recently say yes. Bankrate.com's Greg McBride finds it "surprising -- and reassuring" in these difficult times that 90 percent said no.
Many of the folks who do have buyer's remorse are having trouble selling or making their mortgage payments.
I thought you'd be interested. These other news nuggets caught my eye, too:
Who sells more homes, builders or banks? Banks, says housing research firm Hanley Wood Market Intelligence. That's been true for the last year and a half.
Whither (or rather wither) homeownership: John Burns Real Estate Consulting is predicting that the homeownership rate, which peaked at 69 percent during the bubble years and has since slid to 67 percent, will fall to 62 percent in the next two years as struggling borrowers succumb to foreclosure. The company says it's not optimistic about loan modifications "primarily because so many of these consumers have too much additional debt."
Which brings us back, full circle, to the regretful buyers.
Are you happy with your home? Are you glad you bought it, if you're not renting? How much do factors such as home prices affect your enjoyment of your property -- if at all?