US housing market: How do buyers feel about fixer-uppers?

American homebuyers just aren't feeling the love from the US housing market. Home prices have spiked in popular metro areas across the country and renters feel hopeless about the transition to ever owning a home, what kind of options are left in current real estate markets?

Citing survey data out from John Burns Research and Consulting, LLC, Yahoo Finance Housing Reporter Dani Romero explains the circumstances for homes on the resale market in need of repairs. Are fixer-upper homes a no-go even for the most desperate buyers?

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This post was written by Luke Carberry Mogan.