Thread: REAL ESTATE is ripe for a burst !
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Old 02-10-2009, 11:18 AM  
Brujah
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Quote:
Originally Posted by ADL Colin View Post
Tampa, FL. Median home price.

9/2005 $287500
9/2006 $259999
9/2007 $235000
9/2008 $190000
Current $179000

Ouuuuucccchhhhhh!

Inventory in that same time went from 5913 homes to 41,808 homes!

Source: http://www.housingtracker.net/old_ho...Florida/Tampa/
Thanks Colin!

Do you think they should have sold in 2005 or 2006? Is now the time to buy and flip when it gets back up to 2005 prices? How long do you think it'll take to recover back to 2005 prices?
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