Current:Home > ContactTwo-thirds of buyers would get a haunted house, Zillow survey finds -Wealth Legacy Solutions
Two-thirds of buyers would get a haunted house, Zillow survey finds
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-03-11 04:18:22
They ain't afraid of no ghost.
With housing in short supply, 67% of prospective home buyers would purchase a haunted house as long as it was affordable, in a good location or had other appeal, a Zillow survey found.
The U.S. is short about 3.8 million housing units, both for rent and for sale, according to the most recent estimates from Freddie Mac. What is available is out of financial reach for most Americans. It now costs 52% more to buy a home compared with renting an apartment, new analysis from real estate firm CBRE found.
"The combination of high prices, limited inventory and rising interest rates is creating a witches' brew of trouble for would-be homeowners," Manny Garcia, a senior population scientist at Zillow, said.
Zillow's survey found that 35% of prospective buyers would buy a haunted house if it cost less, while 40% could be convinced to purchase a haunted house if it had appealing features, such as a pool, a big backyard or a two-car garage. Around 35% of prospective buyers would go for a haunted house if it was in their neighborhood of choice.
Zillow's latest monthly market report shows that housing inventory remains more than 10% lower than this time last year, and more than 40% lower than 2019 levels. A Zillow analysis also shows that buyers now need a six-figure income to comfortably afford the typical U.S. home, assuming a 10% down payment.
"When balancing so many priorities in an inventory-starved market, avoiding ghosts and ghouls doesn't always make the cut," Garcia said.
Not everyone needs the appeal of more affordable prices or a pool to consider a haunted house; ghosts are a major selling point for some home buyers. Zillow's survey found that 29% of prospective buyers were more likely to purchase a home if it were haunted.
Aliza ChasanAliza Chasan is a digital producer at 60 Minutes and CBS News.
TwitterveryGood! (54188)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Taylor Swift, Caitlin Clark and More Celebs React to Brittany and Patrick Mahomes’ Pregnancy Announcement
- Channing Tatum Reveals the Sweet Treat Pal Taylor Swift Made for Him
- Brittany Mahomes Is Pregnant, Expecting Baby No. 3 With Patrick Mahomes
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Mother and son charged in grandmother’s death at Virginia senior living facility
- Shop Incredible Revolve Flash Deals: $138 House of Harlow Dress for $28, $22 Jennifer Lopez Shoes & More
- Inside Jennifer Garner’s Parenthood Journey, in Her Own Words
- Average rate on 30
- Authorities release more details in killing of California woman last seen at a bar in 2022
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- US Forest Service pilot hikes to safety after helicopter crash near central Idaho wildfire
- Krispy Kreme offering 87-cent dozens in BOGO deal today: How to redeem the offer
- Alec Baldwin’s Rust Involuntary Manslaughter Trial Takes a Sudden Twist
- Could your smelly farts help science?
- Police chief resigns after theft of his vehicle, shootout in Maine town
- Man who plotted to murder TV host Holly Willoughby sentenced to life: Reports
- A US judge is reining in the use of strip searches amid a police scandal in Louisiana’s capital city
Recommendation
Sam Taylor
NBA Summer League highlights: How Zaccharie Risacher, Alex Sarr, Reed Sheppard did
California fire officials report first wildfire death of the 2024 season
Video shows Coast Guard rescue blind hiker, guide dog stranded for days on Oregon trail
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Stamp prices increase again this weekend. How much will Forever first-class cost?
Alec Baldwin's Rust Shooting Trial Dismissed With Prejudice
FBI searching for 14-year-old Utah girl who vanished in Mexico