Thursday, March 27, 2014

Tampa - St. Petersburg - Clearwater In Top 10 Markets For First Time Homebuyers

Today, ranked Tampa-St. Petersburg-Clearwater as #2 in the nation of the best real estate markets for first time homebuyers.   The five key factors used in the study to determine rankings were popularity, prices, inventory, time on market and unemployment rates.

1.  Pittsburgh, PA
2.  Tampa-St. Petersburg-Clearwater 
3.  Philadelphia, PA-NJ (NJ)
4.  Fort Worth-Arlington, TX
5.  Orlando, FL
6.  Jacksonville, FL
7.  Philadelphia, PA-PA-NJ- (PA)
8.  Dallas, TX
9.  Raleigh-Durham-Chapel Hill, NC
10.  Phoenix-Mesa, AZ

According to the study, the median listing price for Tampa-St. Pete-Clearwater is $169,900 and the MSA has 21,062 listings, a median age of 88 days of inventory, with a 5.9% unemployment rate.

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