Tampa Bay homes still overpriced. So says Forbes

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DECEMBER 07, 2009

Despite 40 percent price declines, Tampa Bay real estate still needs a haircut. So says Forbes, which published a list of metro areas where real estate remains overpriced:

Orlando
Miami-Fort Lauderdale-Pompano Beach
Jacksonville, Fla.
Baltimore-Towson
Chicago-Naperville-Joliet
San Antonio, Texas
Denver-Aurora
Tampa-St. Petersburg-Clearwater
Indianapolis-Carmel
Austin-Round Rock

Forbes came by its rankings using a stew of several statistics: prices reductions, list price vs. closing price, days on market and price forecasts.

I'm sure short sales/foreclosures have skewed statistics against Tampa Bay.

Posted by James Thorner at 2:22:34 pm on December 07, 2009 in

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