We Asked Brokers: Where Is the Biggest Buyer’s Market Today?

James: National housing data can tell us where listings, price cuts, and sales are moving, but it can’t tell us what a market is actually feeling like street by street. Right now, the national picture is giving investors mixed signals. Inventory is growing in some metros, buyers have more negotiating powers, and price cuts are common, but other markets remain tight and competitive. Today, we’re going past the averages with three brokers and investors working in very different parts of the country. Micah Mortag is covering Georgia, Florida, and the Southeast. Justin Hroch is out of Austin, and he’s going to be covering Texas and the South. Will O’Donnell joins us from Long Island with a Northeast perspective. We’ll compare supply, buyer demand, pricing, concessions, rehab and exit risk, and where each one of them sees opportunity. I’m James Dainard. This is On the Market. Let’s get into it. I think one of the biggest things for real estate investors is making sure that we know what’s happening outside of the stats. And the best way to do that is boots on the ground, what is going on in the daily grind of everyone’s market. Per realtors.com, August housing report, active listings wer...