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Old 04-28-2009, 07:09 AM
 
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The Census Bureau did not provide data specific to the Tampa Bay area; however, Houston-based Metrostudy, a housing research firm, said the number of new but vacant homes has dropped for the past eight consecutive months in Pasco, Hillsborough, Citrus, Hernando and Pinellas counties.

In the past year, the number of models and finished vacant homes dropped 27.5 percent. There were 2,430 empty new homes in March, compared with 3,351 during the same month a year ago.

Because of the slow sales pace, however, it would take 4.6 months to sell all those homes, Metrostudy says. That's the highest supply of finished and vacant new homes in 10 years.

Record number of homes vacant
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