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Thursday, July 6th 2006

10:15 AM

Florida Real Estate News

  • Weather 85 °F / 29 °C at Orlando 10:17 AM ET
97 percent of first-time home buyers would never go back to renting.
• 77 percent believe buying their home is the best investment they ever
made.
• Nearly 75 percent believe that the value of their home will go up in
2006.
• 78 percent of renters believe that it is generally true that people
cannot obtain mortgages without perfect credit, and 52 percent of
renters believe that they personally can't get a mortgage because of
credit issues. But 46 percent of the first-time buyers surveyed didn't
believe their credit was "excellent" or even "very good."

Source: REALTOR® Magazine Online
© 2006 FLORIDA ASSOCIATION OF REALTORS
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