By REALTOR Magazine
With the housing market as competitive as it is, home buyers are willing to tolerate more risk as they search for a new home, even if it means paying well above asking price or relenting on their wish lists.
Repair Pricer, a firm that provides an AI-powered home inspection cost calculator, surveyed more than 3,000 American adults to gauge their willingness to take risks during the homebuying process.
Forty percent of respondents said they’re willing to pay $20,000 over the asking price for their dream home. Also, an alarming finding: Nearly 30% say they’d be OK with bribing someone to get their dream home, the survey shows.
Home buyers are eager to get into homeownership any way they can. Eighty percent of respondents say they’re willing to purchase a fixer-upper, and 42% would purchase a home that didn’t meet their requirements just to be a homeowner.