Will The Tampa Housing Market Crash?

During the great housing bubble and crash of the late-2000s, much of the Sunshine Star State experienced the worst effects. Florida was one of the states most impacted by the real estate bubble. And its subsequent crash left Florida housing markets picking up the pieces for years.

Nearly two decades later, the pandemic helped induce notable increases in home construction, and homebuying activity in 2021 and 2022. However, beginning with the series of rate hikes beginning in 2022, housing market activity has been dealt a major headwind. Now, a common question on people’s minds is: Will the Tampa housing market crash?