Despite declining home prices, 90 percent of Americans don’t regret buying their current home, according to a survey for Bankrate.com.
Among the 9 percent who do regret the purchase, most say they are unhappy that they can’t sell their home and move elsewhere or they can’t afford their monthly mortgage.
Some 79 percent of those polled say they have a fixed-rate mortgage on their homes. Among those making over $75,000 per year, 90 percent say they have a fixed rate mortgage.
Source: Bankrate.com (07/12/2010)
Benefield Realty - Decatur, GA
Keller Williams Realty Kingstowne/Alexandria, VA Office - Fairfax, VA
Experienced Real Estate, Professional Serving No. VA and DC
Anyone who looks at the history of home values knows that, unless they HAVE TO MOVE, they should just stay put. Later they will look back and realize it was a smart choice.
Jul 12, 2010 09:56 AM
Rainer
48,450
48,450
Guy Adams
I'm Your Guy!
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