July 07, 2006
Florida Homeowners’ Survey
A survey of 1,000 homeowners in Florida conducted by the Attorneys’ Title Insurance Fund, title insurance underwriter and title information provider, has thrown up the following statistics:
- As much as 58 percent of those surveyed felt that their homes will become more valuable over the course of the next 12 months.
- Around 70 percent felt that if people did not own homes, it was mostly because they could not afford the expense.
- Nearly 45 percent thought that the present period was a good time to buy real estate in Broward County (39 percent) and Tampa (42 percent).
- At least 78 percent say they have no short-term plans to buy a house or condo.
- Hurricane worries were lurking in the minds of 43 percent of those surveyed.
- Among the other concerns regarding living arrangements were the impact of the housing bubble (16 percent), high mortgage interest rates (13 percent), depreciating values of homes (5 percent), and falling prey to real estate scams (1 percent).
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