In hot housing market, fixer-uppers present opportunities — and challenges
By Jeff Ostrowski, Bankrate.com Troy Warren for CNT Buying a fixer-upper means you’re taking on a project, one fraught with uncertainty In normal housing markets, Americans want move-in ready homes. But the post-pandemic housing market is far from normal, and soaring prices have home shoppers changing their expectations. According to a TD Bank survey of Americans aiming to buy their first home in 2021, fully 71% aren’t looking for a dream home. Instead, they’re shopping for a starter home or fixer-upper. For buyers frustrated by the lack of inventory and rocketing prices, older homes can be a good compromise. Of course,…