Monday, July 17, 2006

Many Americans Fear Losing Homes Due To Rising Taxes

The National Association of Realtors has just released its fourth annual National Housing Opportunity Pulse Survey, and the news is frightening.

According to the survery, one out of three Americans lives in fear of losing his home due to rising monthly payments -- especially payments related to taxes. They worry that tax policies will force them to sell their home and buy a less expensive house.

The survey also found that over 42-percent of Americans believe that a lack of affordable housing is a top concern. Other top concerns were high energy costs, cited by 82-percent, and lack of affordable health care, 53-percent. More than two-thirds (68%) of Americans stated that having enough money to pay rent every month is difficult for families in their local area, up 7-percent from last year's survey.

Somebody should pass this info along to the Pinellas County Commission!

For more information on real estate, visit my web site at www.thestpeterealestatesite.com!

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