Skip to main content

New Survey Reveals Depth of Homeowner Pessimism

Jul 21, 2017
While the House of Representatives and the Senate seek to combine their respective tax reform bills into a single piece of legislation, the Data and Analytics Division of Black Knight Inc. has voiced concern that the standard deduction, mortgage interest

A stain of pessimism is polluting how some homeowners perceive the housing market and their homebuying decisions, according to a new poll commissioned by Trulia.
 
In a survey of 2,264 adults conducted by Harris Poll, 21 percent of respondents said a housing purchase mistake they made in the past is now holding them back from changing their current housing situation. Among the respondents involved in the purchase of their current residence, 33 percent regretted not buying a larger property.
 
Furthermore, 62 percent of respondents believed housing costs have become less affordable since 2012. Among respondents with an annual income of $100,000 or higher, 26 percent stated they could not afford to buy a home in today’s market; among those earning $50,000 per year or less, the regret level was at 40 percent. Twelve percent of high-income homeowners were also more likely to regret not putting more money down on a house, compared to four percent of those with an annual household income of less than $50,000.

 
About the author
Published
Jul 21, 2017
Mass Firings At CFPB Imminent, Filing Says

Unions representing CFPB employees said 95% of the Bureau's workforce could be cut by the weekend

Feb 14, 2025
Realty Fees On The Rebound

Real estate commissions are trending back up, post-NAR settlement.

Feb 13, 2025
Wire Fraud Losses Are Mounting

First-time homebuyers are especially at risk for wire fraud, report finds.

Feb 13, 2025
HUD Secretary Halts Equal Access Rule Enforcement

HUD to be transformed 'in His own image'

Feb 10, 2025
Rocket's All-American Return To The Super Bowl

The company spends millions to remind Americans of "the meaning of home."

Feb 10, 2025
Homebuilders Cheer Delay Of Trump Trade War

Canada and Mexico stave off tariffs on billions of dollars of materials crucial to the U.S. homebuilding industry

Feb 04, 2025