#buyers-market

#buyers-market

Minneapolis experienced a 6.4% rise in active listings compared to December of the previous year, totaling 690 homes. Although this increase was more modest than the national growth of 12.1%, the city still offered a wider array of options for buyers. With just 180 newly listed homes, the year-over-year decline of 14.3% suggested a unique chance for buyers to explore less competition and potentially find hidden gems in this active market.

Active listings in the Lubbock area climbed to 1,964 homes, representing a 32.8% increase from 1,479 properties a year ago. The surge in available homes coincided with a dramatic pullback in buyer activity, as weekly absorption plummeted 65.6% year-over-year from 192 to just 66 homes. New listings continue entering the market at a steady clip, with 99 homes added during the week ending Nov. 22.

Denial: Initially, many Boston condo for sale sellers dismissed the idea the market is shifting, perhaps unable to believe a buyers' market could happen it downtown Boston. Anger: This stage was characterized by strong negative reactions to the potential of price reductions for Boston condos for sale. Bargaining: As a Boston condo buyers' market becomes more likely, some Boston condo sellers begin to consider how they might mitigate the impact of a changing market, such as including price reductions, concessions etc...

In the wake of the pandemic-induced housing boom, Austin, TX, has transitioned into a buyer's market, marking a significant shift from its previous status as a seller's domain. The city, once synonymous with bidding wars and rapid sales, is now experiencing a surplus of listings and decreasing prices, enhancing affordability for potential homebuyers. The shift in Austin reflects a broader trend in real estate, showcasing the pendulum swing between seller and buyer advantage across different markets, according to the August 2025 Monthly Housing Market Trends report.

Renovated, well-priced homes in the Boston suburbs and parts of the Boston condo for sale market are actually selling into a quasi-seller's market, while properties that haven't been updated in a number of years, or are priced too high, are stuck in a much larger sort of buyer's market. Cash and international buyers, which often are one and the same, are the biggest drivers of the sustained demand for luxury homes in the city.

"Now is the time to buy-it is the best time I have ever seen. While the quality of offerings at Art Basel this year is very good, sales are slow and expectations are modest."