Comments on: Bank Of America Market Conditions For Tampa, Florida Real Estate

By: Tampa Florida Real Estate Blog » Blog Archive » How Far Have Tampa Home Prices Rolled Back?

Thu, 06 Dec 2007 14:42:23 +0000

[...] A visitor commented on a recent post and asked how about how Tampa home prices compare to 2002 levels. We know that prices have rolled back substantially in some areas, with some experiencing more of a correction than others. But just how far have they rolled back in South Tampa? [...]

By: LennyG

LennyG — Thu, 06 Dec 2007 11:55:45 +0000

Liza,

I’ll send you a copy of the B of A survey results. As for the rollback on pricing: I’ll post on that topic next with some numbers to make comparisons. Thanks!

By: Liza Hoover

Liza Hoover — Wed, 05 Dec 2007 19:00:16 +0000

Hi -

I’m a commercial real estate appraiser and working in the real estate appraisal review department at Fifth Third Bank. I find your blog really helpful, so thanks for the data. Would you please send me a copy of the entire Bank of America study? I think you included one as a link last month, so hopefully you can give me a copy. If not, thanks anyway.

Also, I like your balanced approach and it seems to me like maybe sales volume is back to the 2002 levels, before the drop in interest rates sent the market flying. And, even though prices have dropped, I think they’re still far higher than 2002. What’s your opinion? Since I’m on the commercial side, I’m not as tuned in as you are. But, to me it’s not all bad, so I’d like your take. Thanks!