Tampa Home Prices Bottom Out

 

 

 

 

HOUSING FINDS ITS FOOTING

Grab the champagne! The party hats! Tampa Bay’s home prices hit bottom!

It’s an odd accomplishment to champion but still reason to celebrate. 2012 will mark the first year after a six-year slip-and-slide that home prices ended on higher ground than they began.

Median sales prices jumped about 10 percent, to $131,000, this year in Hillsborough, Pinellas, Pasco and parts of Hernando counties, Multiple Listing Service data show…Tampa metro area rose in value by $7.9 billion this year after crashing $10 billion in 2011, Zillow data show…

Compiled by Jeff Harrington, Drew Harwell and Jamal Thalji.

http://www.tampabay.com/news/business/will-the-local-business-trends-of-2012-carry-over-into-the-new-year/1268033