Job woes stifle Tampa's real estate recovery

Overbuilt market endures slowing employment growth, pervasive negative equity problem

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Last year a reporter for an online news service asked me, "Which beaten-up market will come back quicker and stronger?" One of my responses was "Tampa, Florida."

What I appreciated about Tampa was that unlike most other Florida metros, all of which were equally crunched during the Great Recession, this Gulf of Mexico port city boasted a diversified economy and less reliance on the low-paying tourist industry.