These people rushed to buy homes during COVID. Now they regret it.
Stella Guan spent months searching for a home to buy, getting outbid again and again in the white-hot real-estatemarket of the Los Angeles suburbs. Finally, her offer on a "beautiful" Santa Clarita house was accepted in August, she says. The graphic designer, 30, paid roughly $600,000 for the house. But after sleeping there for only a few nights, she had an unfortunate realization. "I was like 'uh oh, I hate this house,' " she recalls. "I hate this house so much." Looking back on it, she reflects, "I should have seen all of the warning signs, but the pandemic housing fever got the better of m...