Data Shows That Buyers Hold All the Power in These Markets

Discover how the housing market dynamics are shifting, particularly in the South and Southeast. A recent report highlights that increased home construction is giving buyers the upper hand, especially in cities like Austin. Meanwhile, contrasting conditions in New Orleans show the challenges sellers face. The episode also emphasizes the current opportunities for cash buyers amidst reduced bidding wars, while cautioning that as mortgage rates drop, competition may rise. It's a compelling rundown of a buyer-centric market!