{"id":19602,"date":"2021-11-02T12:30:19","date_gmt":"2021-11-02T12:30:19","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=19602"},"modified":"2021-11-02T12:30:19","modified_gmt":"2021-11-02T12:30:19","slug":"what-first-time-repeat-buyers-fear-most","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/what-first-time-repeat-buyers-fear-most\/","title":{"rendered":"What First-Time, Repeat Buyers Fear Most"},"content":{"rendered":"

What First-Time, Repeat Buyers Fear Most<\/h1>\n

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The homebuying process can be scary for first-time and move-up buyers alike. Slightly more than half of Americans say they feel anxious thinking about the process of purchasing a property, according to a new survey from Ally Home. In fact, many consumers are more afraid of purchasing a home than dealing with their fear of commitment (89%), filing their tax returns (82%), having a tooth pulled (78%), or overcoming their fear of heights (75%), the survey found.<\/p>\n

\u201cHomes are a huge investment, so the purchasing process can feel daunting, especially for first-time buyers,\u201d says Glenn Brunker, president of Ally Home. \u201cFrom navigating fluctuations in home prices and mortgage rates to submitting an offer, there is a lot to juggle.\u201d<\/p>\n

Real estate professionals can help calm many of these fears for their clients. OJO Labs, a real estate company, surveyed 200 home buyers between July 2020 and July 2021 to learn the biggest fears among first-time and repeat buyers. Here\u2019s an overview of what they found.<\/p>\n

First-timers\u2019 fears<\/strong>: \u201cFor first-time home buyers, financial-related fears made up four out of the top five fears,\u201d the report from OJO Labs says. \u201cSpecifically, the fear of not being able to afford a mortgage and being too nervous to take a look at their own finances ranked as the second and third biggest fears.\u201d First-time buyers also showed FOMO\u2014fear of missing out\u2014and worried that there could be better options they were missing out on.<\/p>\n

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Repeat buyers\u2019 fears:<\/strong> Even home buyers who have previously gone through the process are still stressed about it. Repeat buyers\u2019 biggest fear is that home prices will continue to rise, followed by a fear that inventory will continue to decline, according to the survey. FOMO also has them concerned.<\/p>\n

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Source:<\/div>\n
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OJO Labs<\/a>\u00a0and Ally Home<\/a><\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

What First-Time, Repeat Buyers Fear Most   The homebuying process can be scary for first-time and move-up buyers alike. Slightly more than half of Americans say they feel anxious thinking about the process of purchasing a property, according to a new survey from Ally Home. In fact, many consumers are more afraid of purchasing a … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-19602","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nWhat First-Time, Repeat Buyers Fear Most - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/what-first-time-repeat-buyers-fear-most\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-first-time-repeat-buyers-fear-most\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-first-time-repeat-buyers-fear-most\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"What First-Time, Repeat Buyers Fear Most\",\"datePublished\":\"2021-11-02T12:30:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-first-time-repeat-buyers-fear-most\\\/\"},\"wordCount\":313,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-first-time-repeat-buyers-fear-most\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/10.29.2021_firsttimefears_1.png?itok=kgf4rs4i\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-first-time-repeat-buyers-fear-most\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/what-first-time-repeat-buyers-fear-most\\\/\",\"name\":\"What First-Time, Repeat Buyers Fear Most - 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