To receive daily emails from Breaking Christian News to your inbox CLICK HERE


SHARE THIS ARTICLE Printer friendly version of this page

What's the Most Stressful Event in an American's Life? The Answer Might Surprise You!

Daniel Steingold : Aug 23, 2018  Study Finds

Two in five called it "the most stressful event in modern life," beating out applying to college, hosting Thanksgiving dinner, and going on a job interview...

(New York, NY)—What's more stressful than buying your first home? Not much, according to a new survey. Nearly half of American homeowners call their first home purchase their life's most stressful event—with many more experiencing no less dread. (Photo: via StudyFinds.org)

Researchers at Homes.com, a leading online real estate portal, recently surveyed 2,000 first-time homeowners, hoping to learn more about their buying experience. The team's findings shed light on how—and why—buying a place feels so hard in this modern age.

The road to being a homeowner starts with viewing properties, and the typical prospective homebuyer visits their fair share—six, on average. Respondents reported that the process of deciding between many—or even just a few—suitable properties took its toll. Emotions often intervene, with one-third of participants reporting having cried at one point or another.

Arguments were also aplenty; the average homebuyer fought with loved ones four times during his or her home search.

The first-time homeowner's closing process was no less forgiving: 10 percent admit they suffered buyer's remorse, while 13 percent felt they got a raw deal.

All in all, 40 percent of first-time homebuyers felt anxious, and another 44 percent felt nervous throughout the home buying process. Two in five called it "the most stressful event in modern life," beating out applying to college, hosting Thanksgiving dinner, and going on a job interview.

"First-time homebuyers are often stressed and overwhelmed when making such a large purchase like a home. As a result, they are looking for guidance and assistance to help make the process easier and smoother," explains David Hoegerman, a division manager at Homes.com.

As for why first-time homeowners feel so stressed, high expectations and a lack of preparation may be to blame.

Nearly 40 percent of buyers didn't realize how long the home buying process took, and another 40 percent felt ill-equipped to negotiate. One in five lacked overall confidence, while nearly 30 percent missed out on the home of their dreams.

In some cases, external events, such as a denied home loan or withdrawn listing, were the culprit. Whatever the case, home buying clearly remains one of life's more challenging endeavors.

"At the end of the day, buying a home is often the largest purchase the average American will experience in their lives," Hoegerman says. "While it can be stressful and overwhelming, there are steps people can take to alleviate the tears and arguments that are bound to arise."

Hoegerman urges homebuyers to thoroughly discuss their situation with their real estate agent, so they can avoid later disappointment.

"By doing research and discussing your desires and needs with your real estate agent, you can find a home that meets your needs while also staying within your budget," he suggests.

OnePoll, a British market research company, conducted the survey on behalf of Homes.com in July 2018. Subscribe for free to Breaking Christian News here.







SHARE THIS ARTICLE Printer friendly version of this page

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Other Recent Articles from Breaking Christian News

Trump Under Fire for Endorsing the Bible, Urging Americans to Pray

Whistleblower Claims Stormy Daniels 'Hush Money' Scheme Cooked Up by Michael Cohen to Extort Trump before 2016 Election

Speaker Johnson Announces He'll Invite Netanyahu to Address Congress

Federal Appeals Court Rules Pennsylvania Must Only Count Mail Ballots With Dates, Signatures

Illegal Alien Charged with Murdering a Michigan Woman Was Deported Under Trump But Snuck Back into US Under Biden's Watch

President Trump to Join Wake Honoring Slain NYPD Officer, While Biden Attends Fundraiser

Woke Disney Surrenders!

Illegals Using Fake Skimmers at Self-Checkouts to Drain Consumers' Bank Accounts; Here's How to Guard Yourself

Elon Musk to Pay Embattled Doctor's Legal Fees after Speaking Out against COVID Lockdowns

Safety of Women Hangs in Balance after Oral Arguments on Abortion Pill Regulation

New Federal Gun Grab Law Would Criminalize Shooting Ranges, and Even Private Security

Treasury Sec. Yellen: Biden Has NO Plan to Save Social Security

Maryland Governor Says 'Keep on Praying' for Families of Missing Workers after Baltimore Bridge Collapse

Chick-fil-A Abandons Long-Held 'No Antibiotics' Pledge on Chicken

The War in Myanmar: Karenni Resistance Fighters Ask for Prayer and Practical Help

The World Is Facing a Major Population Crisis by 2075 If Birth Rates Keep Falling

FDA Admits COVID Vaccines Cause Seizures in Toddlers

'Hamas Is Celebrating' after US Abstains from UN Security Council Ceasefire Vote: Netanyahu Cancels Visit

Kamala Harris Won't Disclose Why Biden Campaign Is Active on TikTok Despite Security Worries

Special Counsel Report Reveals University of Delaware Misled Courts to Hide Biden's Senate Records That Likely Hold Sexual Assault Complaint Filed by Tara Reade



Search the Articles Archives

Keyword:  
Author:  
Words Posted On:  
Day Month Year



BCN Plus

Follow BCN on Twitter
Are You Praying for Our Government Leaders?
BCN Staff

Steve Shultz
Steve Shultz, Managing Editor
Founder and Owner


Aimee Herd
Aimee Herd, Editor


BCN Plus
Are You Praying for President Trump?
 
 

All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.


Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved


Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.

editor@breakingchristiannews.com