A cybersecurity specialist in Atlanta now grapples with a costly mistake made during the pandemic housing boom.
Gio Navarro in the spring of 2022 when he was 28 made what he believed was a wise investment. He bought a three-bedroom, 1,600-square-foot home in Atlanta for $399,000, acting quickly as pandemic-era competition pushed many buyers to make snap decisions. He went under contract within 48 hours of touring the house, eager to lock in low mortgage rates and move out of shared accommodation.
