One in five Americans are looking to break up with their house, new survey says
One in five Americans are looking to “break up” with their house, according to new research.A survey of 2,000 homeowners revealed that 20% are thinking of ending their “relationship” with their home due to changes in their financial situation (24%) and their home needing too many repairs (22%).On top of that, respondents also see “red flags” in their current home, including having critters move in (19%), noisy neighbors (17%), and running out of room (17%), which all contribute to how they’re feeling about their homes.Still, homeowners rate their current homes a 7.5 out of 10 on average and aren’t necessarily acting on these thoughts.Factors like missing memories (33%) and missing their house itself (27%) play into why people hesitate to leave their homes.But the good news is that more flags are green than red, with some homeowners saying they are in love with their current home because of qualities like size (36%) and a perfect backyard (30%).Nearly a quarter (24%) even state some more unique things in their home, like having a private or separate toilet in their master bedroom, as a green flag.These green flags mirror the qualities that homeowners say are their favorite things about their current home: the backyard (40%), living room (39%), and the size of the kitchen (33%).
One quarter (25%) would even go so far as to say they’d brag about their backyard.Commissioned by Chase Home Lending and conducted by Talker Research, the study also found that two-thirds of homeowners say they still love their home as much as they did when they got it, and in fact, over half of respondents (54%) can see themselves living in their current home for over 15 years.So, what does the average American home look like? The majority of respondents (70%) live in single-family homes that are an average of about 1,900 square feet, with three bedrooms and two bathrooms.“Similar to the ups and downs of any relationship, owning a home is a worthwhile investment for many ...