CNNMoney has ranked Tampa in the Top 10 Housing Markets for 2014.

Here is what they have to say:

  • Median home price : $177,000
  • Forecast gain through Sept. 2014: 8%

tampa

    Once one of the nation's leading foreclosure hotspots, things are starting to turn around in Tampa.

    The area has been working through its foreclosure problem and the local economy is gaining steam with new employers, including Bristol Myers, opening offices, according to Bob Rohrlack, CEO of the Greater Tampa Chamber of Commerce.

    In the 12 months ended September, home prices climbed 14.6% and they are expected to keep climbing in the new year. CoreLogic forecasts that they will rise 8% in the 12 months ending this September.

    Despite the gains, buyers will still get a bargain. The median home price in the metro area is around $177,000, well below the national median of $207,000.

    Search all Tampa FL homes for sale.

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    I AM A SHORT SALE & FORECLOSURE SPECIALIST

    As an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime! That's why my goal is to KEEP YOU INFORMED on trends in the Tampa FL real estate market using the latest sales statistics in Tampa.  With prices and interest rates at historic lows, now is the right time to buy real estate in the Tampa market!

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