home buying

Quarter of U.S. homeowners wish they were renting instead

Although owning a home has its benefits, a recent survey shows that homeowners have many regrets when it comes to the purchase of a new home, mostly because they are largely unprepared for the initial cost and the ongoing financial responsibility that comes with homeownership. Of those surveyed, 26% said the cost of owning a home is a burden and they wished they were renting instead.