Real Estate Market Woes Hit Home to Buyers and Owners

Higher prices and soaring inflation is leading to major regret among homebuyers. It’s also leading to property and home neglect for even long-term homeowners.

That’s the takeaway from a new study by the home insurance group Hippo.

According to the 2022 Hippo Housepower Report, which surveyed over 1,000 U.S. homeowners, 2022 was a “year of growing economic and financial instability that took a toll on homeowners and their well-being.”