Home prices now affordable, but fear keeping many from buying

Homes haven't been this affordable in decades. Real estate agents have plenty of business. Desirable properties can be had for less than half the price of two years ago. So why aren't sales booming? Fear. People worry about losing their jobs in this economy, worry values will continue to freefall. Primarily, first time home buyers and investors are buying. The first group is motivated by a government incentive. The last by the desperation of sellers of distressed properties. Home prices in the Tampa Bay metro area are more affordable now than they have been over the past 20 years, according to Moody's Economy.com.

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