Hello Tampa Bay:
Here are some notes from an interesting article of The Wall Street Journal.
- Home-price appreciation is slowing (a welcome trend for potential homebuyers)
- Single-family housing prices for Tampa-St. Pete-Clearwater market rose 1.3% from the same quarter a year earlier (note that the average for the 25 largest metro areas is 4.4%)
- “We see moderation in price gains continuing”
- Interest rates expected to continue to increase next year, which could further slow appreciation
Here is a link to the original article: