According to an industry expert, the US real estate market will see a change in the coming months in the coming months.
Buying a home can be challenging, but searching for one in the real estate market that is better for buyers can help reduce this pain.
Realtor.com reported On Monday, a few cities stood as a “friendly buyer” in May and had enough inventory and many homes to reduce prices.
Cities in seven different states, all in the south or west, make up ten metro zones Housing markets In each report the most desirable to buyers.
These cities are the main areas for renting recent college graduates
According to RealTor.com, these are five of the ten “friendly buyers” zones:
Phoenix, Arizona
In the aerial facade, the city center horizon is seen during a heat wave on July 15, 2023, in Phoenix, Arizona. Today's weather forecasts expect the temperature to reach 115 degrees. Phoenix area with a record -breaking temperature as prol is grabbing (Brandon Bell/Giti Pictures)
Phoenix, where more than 1.67 million people live, is the capital of Grand Canyon. Of the properties that the market had for sale in May, it had a 31.3 % decline, a percentage above other cities in the top 10 countries, per realtor.com. Number Active lists In Phoenix last month, he released a 23.1 % jump compared to last year.
Tampa, Florida
Air drone facades from the scattered Tampa Bay horizon, Florida. .
Tampa's houses took 60 days to sell and were looking for an average price of $ 417,500. According to the real estate market, approximately 29.9 % of its lists have experienced a price decline in May.
Denver, Colorado
Aerial view of the Denver Horizon and Capitol Dome in the sunset. .
The number of active lists for Denver showed the biggest jump last year in May, while Realtor.com put it with 63.9 %. Meanwhile, the ratio of high homes for sale that has been reduced prices is 29.4 %.
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Austin, Texas
In the aerial facade, the city center horizon is seen on April 11, 2023 in Austin, Texas. According to data collected by the Wall Street Journal, the city of Austin has been ranked for the second consecutive year as the top US market destination for the second consecutive year. (Brandon Bell/Giti Pictures)
According to the report, homeowners in Austin saw that the average home was demanding $ 525,000 in May. Realtor.com found that 29.1 % of the houses on the market are discounted. It acts as capital From TexasA country that has seen people's rush in recent years.
Jacksonville, Florida
A view of the city center of Jacksonville, Florida. (istock)
In May, Jackson, northeast of Florida, recorded 31.2 percent in active lists a year ago at each Realtor.com. Approximately 28.8 % of homes in the region had a decline. The middle of $ 405,000, which was beaten by another city in May by another city on 10 Realtor.com.
Other subway areas in the top 10 teams included Charleston, South Carolina. Salt Like City, Utah; Dallas, Texas; Palm Bay, Florida;; And Portland, Oregon, according to Realtor.com.
Home sellers face new and hard reality because lists are worth $ 696b $
Throughout the country, the United States had more than 1 million homes in May, a level that the United States had not climbed to the top of the winter of 2019, a separate report released by the real estate market early in the month.
According to RealTor.com, last month it decreased in 19.1 % of homes for sale nationwide.
US home sellers were looking for an average price of $ 440,000 in May, a 2 percent increase compared to the previous month and 0.1 % compared to the previous year.