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9 first-time buyer mistakes: Boston condos

9 first-time buyer mistakes: Boston condos

Five years post-pandemic, an overwhelming majority of first-time sellers say pandemic buying mistakes are the main force driving them to reenter the housing market.

Among homeowners who are selling (or sold) their first home in the past year, 79% say they made mistakes during the buying process, according to a survey from Opendoor. Furthermore, 91% of those sellers say those mistakes are a big factor in their decision to sell.

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9 first-time buyer mistakes: Boston condos

Young homeowners are the most likely to regret their home purchases: 94% of Gen Z and 86% of Millennial sellers acknowledged buying mistakes, compared to 48% of baby boomers.

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