Forty-four percent of homeowners have regrets about their most recent home purchase or the process they went through when buying it according to a survey by Trulia.
The biggest regret was not buying the right home size according to 42% of the 2,000 people surveyed, with a third of homeowners wishing they had bought a bigger home.
Whether you should buy or rent in NYC depends upon how much money you have, what building you are buying into, and how long you plan to own the property.
StreetEasy developed a “tipping point” metric that approximates the number of years it would take for the costs of owning a home to equal the costs of renting a comparable one in the same area.