Nearly Half of Americans Would Burst Their Budget for a ‘Lucky’ Home

A new LendingTree survey finds that many Americans may let luck or superstition influence their homebuying behaviors. In fact, nearly 4 in 10 said “I’ll pass” on a home and had a superstitious explanation for that decision.

Key findings

  • More than a third (38%) of Americans have decided against buying a home because of a superstition.
    • Men are more likely than women — 51% versus 27%, respectively — to skip out on a home purchase for superstitious reasons.
  • Nearly 4 in 10 (39%) homebuyers refuse to live next to a cemetery.
    • Another 32% would skip out on buying a home with an unlucky street number, and 30% wouldn’t buy a house if the previous owners experienced a tragedy, such as death.
  • Almost half (47%) of homebuyers would ignore their budget for a “lucky” house.
    • On average, survey respondents are willing to go at least $38,000 above their target home price.
  • More than 4 in 10 (43%) survey respondents who reported being previous home sellers said they have had difficulties selling their home, thanks to superstitious buyers.

For the full survey report, please visit: https://www.lendingtree.com/home/mortgage/homebuying-luck-survey/.