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Talk of the bay
Tampa Bay area ranked 13th riskiest housing market
By HELEN HUNTLEY
Published July 18, 2005
The Tampa Bay area ranks as the 13th riskiest housing market in the nation, according to Kiplinger's Personal Finance magazine. But the PMI Housing Risk Study, used as the basis for the rankings, puts the chance of a local slump at only 14 percent in the next two years.
Boston, Los Angeles, San Francisco, Sacramento, Calif., and Providence, R.I., are the riskiest U.S. markets, according to the magazine. It says the likelihood of a Boston bust is 53 percent. Fort Lauderdale, which came in ninth, and Miami at No. 12 were the only other Florida markets to make the top 13.
[Last modified July 15, 2005, 17:41:02]
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