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Homeowners Have Regrets About Past Housing Decisions

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Homeowners Have Regrets About Past Housing Decisions

Some 44 percent of respondents also said that they have a regret about their current home or the homebuying process


By Mike Chamernik, Associate Editor August 23, 2017
decision paper
This article first appeared in the September 2017 issue of Pro Builder.

According to a recent survey, 21 percent of Americans say that a past home purchase now prevents them from changing their current housing situation.

The survey, conducted by Harris Poll on behalf of Trulia, got responses from more than 2,200 U.S. adults who either own or rent homes.

Some 44 percent of respondents also said that they have a regret about their current home or the homebuying process that they endured.

When it comes to regrets, 41 percent of renters said they wished they had bought instead of rented, and 33 percent said they wish they had rented a larger home. Of homeowners surveyed, some 33 percent said they would prefer to own a larger home, and 26 percent said they wish they had done more (or less) remodeling.

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