1 in 7 California Home Buyers Thinks They Overpaid
Poll results released by the California Association of Realtors earlier this week suggest that a slew of homeowners in the state may be suffering from a bit of buyer’s remorse.
According to the findings, 85 percent of buyers believed that the home they bought was worth the price they paid, while 14 percent believed the price was too high for what they got.
As Builder Online reports, the median sales price of a single-family home in California is $432,570, which is up 10 percent from a year ago.
Image via flickr/David Sawyer