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Market Conditions

Written by Posted On Thursday, 16 August 2007 17:00

Forbes magazine notes that Tampa Bay, Florida, may be the town for you -- if you are in the market to buy a home.

A strong local economy is a key factor.

The area is seeing a median price of $230,000 at this time, around $13,000 less than the state median, but still down from last year. A huge inventory of homes is available for sale -- creating this strong buyers market.

The good news for sellers? "Sales are slow, but sellers who price realistically are seeing results," notes one local expert.

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