Tampa home prices experienced one of the biggest drops in value of any metropolitan area in the country in the third quarter.
According to new data from the National Association of Realtors, single family homes in Tampa dropped by 9.3 percent during that time compared to the previous year, according to Bloomberg News. The only cities with bigger drops were Cumberland, Md. at 15 percent and Norwich, Conn. at 11 percent.
Nationwide, the news was brighter for homeowners. The median home price rose…
Source:: BizJournal Real Estate