Orlando Home Owners Real Estate Fears

A recent survey of 1,000 home owners in Orlando and other parts of Florida revealed fears of the housing bubble bursting resulting in depreciation was low on the list.

• 58% are optimistic prices will continue to increase in their community this year
• 47% sited their biggest fear was a hurricane hitting
• 16% the pricing bubble
• 13% fear rising mortgage interest ratest
• 5% fear of falling home prices
• 42% say now is a good time to buy a home while the other 42% indicated it was a bad time
• 1% feared being a victim of real estate fraud

Courtesy of Orlando Sentinel 7/8/06.