Trending Topics

Most Popular Searches

The Many Stages of Homebuying Anxiety

November 9, 2015 | By

For me, there has been nothing about the homebuying process that hasn’t been riddled with anxiety. (Except maybe the furniture shopping…) Because of my career in the housing industry, I have witnessed the many joys of homeownership, as well as the hardships of homeownership. And this has caused me to be very cautious during this process. My mother told me on several occasions, “You just know too much.” Of course she believed that I should seek out as much education as possible, but I knew far too many “worst-case scenarios.”

I had to learn to take what I knew as a cautionary tale, but not allow it to paralyze me. I had to get back to the basics and look at my specific situation. I analyzed my current salary, my budget, the market I was purchasing in, my career plan, and my lifestyle. That allowed me to see what I was really dealing with and not just take on someone else’s story.

The fact that my homeownership journey has lasted nearly a year only created more anxiety. Time was a blessing and a curse. In a normal situation, you find the place, you move quickly to put in an offer, and things take off immediately. You could own a home in a matter of weeks. I am not sure I could have handled that either. The long process of waiting for my condo to be built has given me the opportunity to run through all of my decisions (some of them three or four times over) and become comfortable with them before making any moves. I am now confident in my decisions.

I realized I was spending too much time thinking back on the struggling homeowner stories and not enough time thinking of all of the families that felt empowered and proud of their homes. They were celebrating their homeownership journey, not regretting it.

It is true, we could all find ourselves in a vulnerable position with a “worst-case scenario,” but with proper planning and, most important, saving, we can also be confident that we can rebound.

Life happens, but that doesn’t mean you stay on the sidelines.





We appreciate and encourage lively discussions on our websites’ content. While we value openness and diverse points of view, all comments should be appropriate for people of all ages and backgrounds. We do not tolerate and will remove any comment that does not meet standards of decency and respect, including, but not limited to, posts that:

  • are indecent, hateful, obscene, defamatory, vulgar, threatening, libelous, profane, harassing, abusive, or otherwise inappropriate
  • contain terms that are offensive to any group based on gender, race, ethnicity, nationality, religion, or sexual orientation
  • promote or endorse a product, service, or vendor
  • are excessively repetitive, constitute “SPAM” or solicitation, or otherwise prevent a constructive dialogue for others
  • are factually erroneous or misleading
  • threaten the privacy rights of another person
  • infringe on intellectual property and proprietary rights of another, or the publication of which would violate the same
  • violate any laws or regulations

We reserve complete discretion to block or remove comments, or disable access privilege to users who do not comply with this policy. The fact that a comment is left on our website does not indicate Fannie Mae’s endorsement or support for the content of the comment.

Fannie Mae does not commit to reviewing all information and materials submitted by users of the website for consideration or publication by Fannie Mae (“User Generated Contents”). Personal information contained in User Generated Contents is subject to Fannie Mae’s Privacy Statement available here. Fannie Mae shall have otherwise no liability or obligation with respect to User Generated Contents and may freely copy, adapt, distribute, publish, or otherwise use User Generated Contents without any duty to account.

A Window Into Housing In America

Subscribe to our newsletter for each week's top stories. Enter your email address below to stay in the know.