Judging by the signs and billboards for new homes you'd think the housing boom was coming back. There has been a definite increase in the amount of signs advertising new homes in Lutz FL and surrounding areas. Is there a housing boom in the Tampa area? I don't think so, but it has been reset. The developments that went backrupt or closed down over the past few years have now been repurchased at todays values. This "reset" in pricing has made it possible for builders to start building at todays prices and once again compete with the lower Tampa real estate values. The market is healing, it's happening, just give it time.