A strong majority of state
residents think homes are affordable to buy or rent. Regardless of
education or income, a similar majority of respondents express
satisfaction with the costs of renting or buying a home in both 2002 and
2003.
Fewer respondents are
planning to change residence in 2003 than were planning a move in 2002.
Summary
The economics of the housing market remain strong. Four out of five
state residents say they are satisfied with the costs of owning or
renting their homes – two in five are very satisfied. This is especially
significant in light of the fact that economic concerns are increasing
and satisfaction with local property taxes remains low.
