Home values more than triple in some cities. Where is Tampa Bay on the list? We’ve all been watching the cost of housing go through the roof. Even the cost of a new roof is through the roof! (I just put one on my house)
Over the years we’ve seen some nice improvements in home values. Last year got a little crazy. And the 20% + jump last year is just an acceleration of what has been happening for 20 years. Most major cities have seen values double and even triple since the year 2000. Yes, including the crash in 2008.
San Francisco’s example typical home value in 2000m was $356,800. Today, closer to $1.4 Million. WOWZA! (Up 290%) Source NewsChannel8
San Francisco sounds crazy. Right? But, may not be alone. One brokerage analyzed median prices of homes around the 50 largest metros the country. They actually found 13 cities where home values more than triple since 2000.
Let’s see where is Tampa on our list of 13 cities where home values have gone up by more than 200%