The eight metros where home shoppers actually have the upper hand
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Home shoppers in eight US metros have the upper hand due to a surplus of homes for sale and decreasing prices. These buyer's markets are mostly located in the South, with only one in the West, and offer buyers leverage to negotiate prices.
The US housing market is mixed, with only eight metros being genuine buyer's markets. These metros have plenty of homes for sale, with sellers slashing prices to boost demand. The eight buyer's markets are Atlanta, Austin, Jacksonville, Miami, Nashville, Orlando, Tampa, and Riverside. Buyers in these areas have leverage to negotiate prices due to the surplus of homes. The Market Clock tool tracks national and metro-level housing conditions, indicating where each market stands and where it is headed. Buyers in these eight metros have time and options on their side, allowing them to play hardball.
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