Home price forecast (1 year):* -13.8%
This Gulf Coast city cycled through the same kind of bubble as its Atlantic Coast sisters: Prices are down about about 40% from their 2006 high.
See Tampa on Money's Best Places to LiveTampa's economy centers around finance, real estate, tourism and insurance and some of those industries suffered during the recession. The unemployment ranks in Greater Tampa have swelled, with 12.4% out of work as of December, well above the national average. The resulting wave of foreclosures has given Tampa a delinquency rate that is 22nd in the nation. Is this a good time to buy a home in Tampa?
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