Top 5: What keeps American homebuyers up at night?

Top 5: What keeps American homebuyers up at night?

We can all agree that home buying is a rewarding and exciting journey, but it’s not without bumps along the way and anxious moments. While 78% of all non-homeowners in America say they want to buy a home (ValueInsured July 2017 Modern Homebuyer Survey), 72% of potential homebuyers say they expect to experience stress during the home-buying process.

ValueInsured asked homebuyers in its latest survey what concerns keep them up at night when they are planning to buy a home. The top 5 answers make sense, but there are some regional and demographic differences.

Americans Concerned That Hot Housing Market Could Be Heading for a Correction

Americans Concerned That Hot Housing Market Could Be Heading for a Correction

Millennials are Especially Wary of Market Fluctuations, According to the Latest ValueInsured Modern Homebuyer Survey

DALLAS, August 9, 2017 – Americans have simmering concerns about overheated home prices and increasingly suspect that a housing price correction may be imminent, according to ValueInsured’s latest Modern Homebuyer Survey.

Millennials’ credit may be ready for home buying, but are their stomachs ready?

Millennials’ credit may be ready for home buying, but are their stomachs ready?

According to ValueInsured’s latest quarterly Modern Homebuyer Survey conducted in Spring 2017, 8 in 10 (81%) Millennial renters would like to buy a home, and 74% would like to buy “now” if they could afford to. So it’s certainly not a desire issue. However, affordability challenges aside, Millennials seem to lack the confidence that buying a home now is a sound decision.

Regret the lunch you ate today? Many Americans regret buying their home.

Regret the lunch you ate today? Many Americans regret buying their home.

According to a latest Trulia survey conducted in June 2017, 44% of all Americans regret their real estate decisions. An overwhelming 71% Millennials surveyed say they have regrets about the home they chose or the process of getting their current home.  Why and what can we do about it?

It’s all in the family! The Rural-Urban divide – part 2 of a 3-part series

It’s all in the family! The Rural-Urban divide – part 2 of a 3-part series

Last week, we launched a 3-part series dedicated to exploring the "Rural-Urban Divide" in how Americans view home buying differently. It appears – based on ValueInsured’s Modern Homebuyer Survey data accumulated over the past 18 months among over 6,900 homeowners, buyers and renters – Americans universally value the importance of homeownership. However, the shared value seems to end there among people who reside in hometowns of different sizes. 

There are many facets along the home-buying attitudinal dimensions where urban, suburban and rural Americans diverge in their beliefs. Some of these include the perceived investment benefits of buying a home, confidence in the housing market, expectation for a housing bubble in the near term, planned length of homeownership, desired attributes in a mortgage lender, etc. The list goes on. But one of the areas that surprised this research team is the strength of the family among urban homebuyers. Let us explain…

As California goes, so goes the nation?

As California goes, so goes the nation?

It has been said that when it comes to housing, the West leads the way. California has been ahead of the recent years’ real estate market run-up, and has garnered international attention for its jaw-dropping home prices. The Golden State enjoys the trifecta of being the most populated state in the nation, one of the most affluent with robust growth industries, and having the unique climate and geographical advantages that continue to make the state appealing to potential homeowners.

In the latest ValueInsured Modern Homebuyer Survey, conducted in April 2017, California homeowners and buyers seem to express apprehension and caution concerning the housing market..

Housing Confidence Index Remains Steady, Though Cautions Loom

Housing Confidence Index Remains Steady, Though Cautions Loom

Americans Still Value Homeownership and Want to Buy, According to ValueInsured’s Modern Homebuyer Survey

DALLAS, May 3, 2017 – Americans remain generally confident in the country’s housing market and the value of homeownership despite recent interest rate hikes, according to ValueInsured’s quarterly Modern Homebuyer Survey.

 The survey produced an overall ValueInsured Housing Confidence Index score of 67.7 on a hundred-point scale, down less than one percentage point from January. The index is the aggregate mean of seven multidimensional confidence measures collected through the survey.