Only time will tell whether buyers who overspent to purchase their homes will recoup their investmen
Q: When we bought our house nearly 27 years ago, we wondered if we were overpaying. It was the mid-1990s, and houses in our neighborhoods of choice were in extremely short supply.
We couldn’t afford a house that someone else had already renovated to perfection. (Not that we could find one we liked.) Instead, we looked around at homes that hadn’t been touched in decades, where one day we could do a serious renovation.
[Read More]