Many homebuyers face surprise repair costs soon after moving in, survey shows

Econ & Housing

In this articleHIPOPixelseffect | E+ | Getty ImagesBuying a home? Don’t forget to budget for repair costs.Most homeowners (77%) have dealt with an unexpected issue that required paying for a repair in their first year of owning their house, according to a survey from insurance firm Hippo. Two-thirds of them spent more than $1,000 to…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

A green trifecta: how a concrete alternative can cut emissions, resource use, and waste
Is Boise Cascade Co (BCC) Stock Near the Top of the Building Materials Industry?
US stocks rise as investors look to Fed comments for clues about a December rate hike
UK house price rally to end next year but no big crash expected
California’s economic double whammy: tech, housing losses mount