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Florida Homeowners Positive About Real Estate Market |
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Thursday, 06 July 2006 |
Despite indications that the state's unprecedented five-year housing boom is waning, a new survey shows that 58% of Florida homeowners think the value of their homes will continue to rise over the next 12 months.
The annual survey, commissioned by Orlando-based Attorneys' Title Insurance Fund, polled more than 1,000 homeowners throughout the state between May and June. Seventy-one percent of Floridians polled cite "affordability" as the biggest obstacle to homeownership in the state, an 18 percent increase when compared with results from a similar survey conducted in 2005. Sixteen percent of homeowners cite the impact of a housing bubble as their biggest concern, with even fewer citing rising mortgage interest rates -- 13 percent -- depreciating home values -- 5 percent -- or becoming the victim of real estate fraud -- 1 percent -- as their biggest real estate concern in Florida. By M. Sese
http://realestatepress.org |
