Trulia survey casts light on homeowner regrets

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In a nod to today’s acute inventory shortage, Trulia recently conducted a “regrets survey,” reporting in a blog post that the results are particularly relevant because the tight supply of the current market is likely to rush buyers into making purchases without doing proper due diligence.

“Many homes don’t stay on the market for long, so buyers will have to move fast — especially in markets with bidding wars and competing investor activity,” Trulia Chief Economist Jed Kolko wrote in a blog post. “But when it comes to searching for a home, as with everything else, moving too fast leads to mistakes and regrets.”