""A national picture is useful, but when making a real estate decision, the local details are what really matter. Right now, a homebuyer in Houston or San Antonio is navigating a very different market than someone in Hartford or Milwaukee.""
""Out of the top metros, only 26% qualify as seller's markets right now, with a relatively large ratio of home shoppers to housing stock.""
The U.S. housing market is increasingly favoring buyers, with nearly two-thirds of major markets now in a balanced or buyer-friendly status. Only 26% of top metros remain as seller's markets. A significant portion of these markets is trending towards giving buyers more leverage, with 46% in a balanced-loosening phase and 16% as solid buyer's markets. However, 12% of the top 50 metros are moving towards a tightening phase. Regional variations exist, with Southern markets favoring buyers and the Midwest and Northeast benefiting sellers.
Read at Fast Company
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