Florida

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Florida

Metro: Tampa-St. Petersburg-Clearwater
What a Home Will Be Worth in 2012: $119,348
Q4 2008 price: $166,000
Projected price change by MSA: -28.1%
Projected price change by state: -30.9%

The Tampa Bay area, on Florida's west coast, has seen its home prices fall dramatically and its unemployment rise. Like many Florida towns, the metro's economy depends on tourists continuing to visit its amusement parks, aquarium, and beaches. Florida, however, has been one of the biggest victims of the housing bust and won't see a meaningful rise in home values until 2012.