I know, I know. Don't put much faith in monthly home price changes. But I still don't like it when Tampa Bay turns in the worst performance on the 20-city S&P Case Shiller home price index.

The October index revealed a 1.6 percent price decline in Tampa from a month earlier. But even more surprising was the annual 15.2 percent decline, from October 2008 to October 2009.

The was the third worst price drop, placing us behind Las Vegas and Phoenix. For the past couple years, Tampa's yearly price decline has hovered around the 6th spot. So things turned relatively worse in October.

Remember that October was a good month for sales, juiced up by the first time home buyer tax credit. You'd think that with the government effectively pitching in $8,000 towards the purchase price that home values would not fall so suddenly in Tampa Bay.

Let's not overreact. One month price declines do not a trend make. But I certainly expected better of our housing market. We were also one of the worst price losers from August to September. Foreclosures are playing a big roll in all of this. That's for sure.