Couples may happily disagree in life, but when they have to share a home the differences can come to the forefront. The top reason for a fight? A home’s price.
NEW YORK – Homebuying is emotional, and doing it with a significant other can be stressful. Couples don’t always see eye-to-eye.
A new survey from LendingHome, a lender to real estate investors, found that couples are most likely to disagree on these four items when purchasing a home together:
- The price: 53%
- The location: 29%
- The size or style of the home: 18%
- The condition: 29% wanted a new home; their partner wanted a fixer-upper
Men were more likely to say that they disagreed with their partner on the condition of the home, with 60% desiring a fixer-upper while their partner wanted something new.
“Choosing, buying and settling into a shared home is a significant step for any couple,” says Michael Bourque, LendingHome’s CEO. “If you and your partner are progressing toward this milestone, it’s important to take some time to consider more than just your aesthetic preferences and favorite neighborhoods. Your credit scores and histories will also play a role in your home buying journey.”
A majority of the more than 1,000 survey respondents considered homebuying a significant step. Nearly 80% of those in a relationship said purchasing a home was “very important, 91% said they worked on a homebuying budget together, and 32% said the two of them spent up to two years saving to buy a home.
Source: “Couples in Love Should Consider These Four Things When Buying a Home Together,” LendingHome (Sept. 22, 2021)
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