Home prices in 5 Florida MSAs could fall another 10% or more

Home prices in 5 Florida MSAs could fall another 10% or more

Five metropolitan statistical areas (MSAs) in Florida could see at least a 10% drop in home prices over the next 12 months, according to Local Market Monitor, which tracks real estate data in more than 300 metro markets. The biggest fall could come in Lakeland, Fla., where prices are forecasted to fall another 15% over the next year.

...As demand dries up, prices could shrink. According to the National Association of Realtors ...