Buying a New House: Be Prepared for Increased Stress Levels
Purchasing a new home is a significant milestone in life, but it can also be an incredibly stressful experience. Buying a new house can increase one's stress level due to the financial pressure, decision-making fatigue, and emotional toll it takes.
According to a study by the National Association of Realtors (NAR), 82% of first-time homebuyers reported feeling stressed during the process. The survey also found that financial concerns, such as affording mortgage payments and closing costs, were the primary sources of stress.
Stress Factors | Percentage of Homebuyers |
---|---|
Financial concerns | 82% |
Decision fatigue | 78% |
Emotional toll | 65% |
Moving logistics | 55% |
Time constraints | 45% |
Tips to Manage Stress | Additional Resources |
---|---|
Create a realistic budget | Home Affordability Calculator |
Research the market thoroughly | Homebuyer's Guide |
Take breaks and delegate tasks | Stress Management Techniques |
Seek professional help if needed | National Alliance on Mental Illness |
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