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Talk of the Bay
'Affordability' our biggest concern
By JAMES THORNER
Published July 17, 2006
Home 'affordability' our biggest concern About 70 percent of Tampa Bay area residents cite "affordability" as the biggest obstacle to homeownership, up from 18 percent in a similar survey last year. The numbers come from a recent statewide poll by Orlando's Attorney's Title Insurance Fund. The median home sales price reached $231,000 in May, outstripping the region's relatively stodgy incomes. But most survey respondents don't think the tide has ebbed: 61 percent assume home values will continue to rise in the next year and 13 percent mentioned a housing bubble as their biggest concern. - JAMES THORNER, Times staff writer
[Last modified July 17, 2006, 06:05:56]
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