"Living in the Real World" ~ Lola's Log


Is it TRUE?! It's Time to Buy in Tampa Bay?

According to Times staff writer James Thorner in an article published July 25--Tampa Bay is indeed the #1 Spot to buy a home.  One month after Forbes.com published Top Home Buyers' Markets - Forbes.com, our own local newsman states:

  • "Because of our area's overall strong, growing economy and comparably modest housing prices, Forbes calls Tampa-St.Petersburg-Clearwater a prime bounce-back market," citing data compiled by Forbe's Matt Woolsey from Economy.com and the National Association of Realtors.

Is it time to rejoice and put up our waders?  James thinks so, saying: "Tampa Bay home prices should bottom out in the first quarter of 2008, once the region burns off excess inventory from speculators who went hog wild in 2005."

Okay, James, you called it!  Buyers, COME ON OUT!  We're ready for you--look at all that Inventory!


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Loretta J. Buckner
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Comment balloon 3 commentsLoretta Buckner • July 25 2007 08:28PM
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