{"id":226485,"date":"2026-04-10T16:22:23","date_gmt":"2026-04-10T16:22:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/226485\/"},"modified":"2026-04-10T16:22:23","modified_gmt":"2026-04-10T16:22:23","slug":"austin-orlando-nashville-atlanta-tampa-are-great-cities-to-buy-homes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/226485\/","title":{"rendered":"Austin, Orlando, Nashville, Atlanta, Tampa are great cities to buy homes"},"content":{"rendered":"

Home shoppers<\/a> itching to reach the closing table this spring will find a mixed bag of conditions depending on their ZIP code, with only eight metros<\/a> currently qualifying as\u00a0genuine buyer\u2019s markets<\/a>.\u00a0<\/p>\n

The\u00a0Realtor.com\u00ae<\/a>\u00a0economic research team on Thursday launched an innovative diagnostic tool, the\u00a0Market Clock<\/a>. <\/p>\n

Designed to track national and metro-level housing conditions across the country using months of supply, time on market<\/a>, price changes, and list-to-sale ratio, the tool reflects the notion that real estate is hyper-local.\u00a0<\/p>\n

By providing greater nuance, the\u00a0Market Clock helps buyers and sellers make informed decisions<\/a>\u00a0that go far beyond the broad national picture.<\/p>\n

Each of the 50 largest metros are placed on a 12-hour clock face from a peak seller\u2019s market<\/a> at 12 o\u2019clock to a peak buyer\u2019s market at 6 o\u2019clock to indicate where each market currently stands and where it is likely headed\u2014loosening or tightening. \u00a0<\/p>\n

Based on the Market Clock data<\/a>\u00a0and its accompanying\u00a0first-ever quarterly report<\/a>, nearly half of the top markets (46%) are balanced, meaning that neither buyers nor sellers have the upper hand; 26% are seller\u2019s markets, and just 16% are buyer\u2019s.<\/p>\n

Home shoppers itching to reach the closing table this spring will find a mixed bag of conditions depending on their ZIP code, with only eight metros currently qualifying as\u00a0genuine buyer\u2019s markets.\u00a0 Getty Images<\/p>\n

Seven of the buyer\u2019s markets are clustered in the South\u2014Atlanta<\/a>;\u00a0Austin, TX<\/a>;\u00a0Jacksonville, FL<\/a>;\u00a0Miami<\/a>;\u00a0Nashville, TN<\/a>;\u00a0Orlando, FL<\/a>, and\u00a0Tampa, FL<\/a>\u2014and only one is in the West,\u00a0Riverside, CA<\/a>.<\/p>\n

Metros where buyers are in charge<\/p>\n

For all eight buyer\u2019s markets, it\u2019s 5 o\u2019clock right now, signaling that these metros have plenty of for-sale homes to choose from, with more fresh listings being added every day, as\u00a0sellers are starting to slash prices<\/a>\u00a0to boost demand\u2014all hallmarks of shoppers gaining leverage.\u00a0<\/p>\n

Notably, there are no buyer\u2019s markets in the Northeast or the Midwest<\/a>. <\/p>\n

In these regions, high demand and restricted supply have created a stronghold for sellers and balanced markets.<\/p>\n

Austin, Texas, is one of the eight buyer\u2019s markets. ATX Drone Pros \u2013 stock.adobe.com<\/p>\n

Realtor.com senior economist\u00a0Jake Krimmel<\/a>\u00a0explains that although active listings might not necessarily be up year over year in each of the eight markets, the number of homes for sale<\/a> is up substantially over the last several years.<\/p>\n

\u201cRiverside and Nashville, for instance, have seen active listings increase 222% and 330%, respectively, since high interest rates reset the market in 2022\u2014significantly greater than the national average of 172% since March 2022,\u201d he says.<\/p>\n

A closer look at the shifting market conditions across the octet of buyer\u2019s markets over the last six months reveals that they have not been moving in lockstep.<\/p>\n

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Compared with their Market Clock positions in June 2025, Atlanta, Austin, Nashville, and Riverside all loosened 1 \u201chour,\u201d crossing into an early buyer\u2019s market from a late balanced market. Jacksonville followed a similar path, transitioning from a balanced to a buyer\u2019s market.<\/p>\n

Miami, Tampa, and Orlando, meanwhile were already early buyer\u2019s markets in June, meaning they have been stagnant for the last six months.<\/p>\n

\u201cBuyers looking specifically for condos in the South\u00a0Florida<\/a>\u00a0market definitely have leverage at this time,\u201d\u00a0Kevin Rutois<\/a>, a luxury real estate adviser at\u00a0Rutois International Realty<\/a>\u00a0in Miami, tells Realtor.com.<\/p>\n

Orlando, Florida, was already an early buyer\u2019s market in June, meaning it has been stagnant for the last six months. Ryan Tishken \u2013 stock.adobe.com<\/p>\n

\u201cInventory has increased, and we are at a time right now where numerous buildings are undergoing amenity and exterior renovations, which is causing temporary rent decreases, which inevitably will also affect sale prices<\/a>.\u201d<\/p>\n

Rutois explains that as many of Miami\u2019s older condominium buildings are approaching the 20-year mark, some condo associations are being proactive and undertaking repairs now, which comes at a cost.<\/p>\n

\u201cConstruction noise, amenity closures, and balcony closures I think are a big reason for the recent drop in both rent and sale prices,\u201d says the adviser. \u201cThose who are willing to deal with these things are at an advantage and could find a good deal.\u201d<\/p>\n

For prospective buyers in any one of the eight metros, Krimmel says time and options are on their side this spring, giving them free rein to play hardball when it comes to list prices and concessions\u2014to a point.<\/p>\n

For prospective buyers in any one of the eight metros, Jake Krimmel says time and options are on their side this spring, giving them free rein to play hardball when it comes to list prices and concessions\u2014to a point. seanlockephotography \u2013 stock.adobe.com<\/p>\n

Rutois agrees, saying that he has been seeing Miami sellers softening their stance on pricing as they adjust to the new market conditions\u2014a notable change from just a few years ago when they would force aggressive terms on buyers and refuse to budge.<\/p>\n

\u201cYou are seeing the buyer\u2019s ability to negotiate longer due diligence periods, credits at closing for repairs, and longer financing contingencies,\u201d he adds. \u201cI would recommend touring in person and asking many questions, as you should be able to understand the seller\u2019s situation and use that to your advantage.\u201d<\/p>\n

For sellers in metros like Nashville and Austin, the best course of action, according to experts, is to price competitively for the current market, be realistic about the selling pace, and be prepared to offer concessions to sweeten the deal.<\/p>\n

Why market conditions vary by ZIP code<\/p>\n

However, a \u201cbuyer\u2019s market\u201d designation on the clock might not tell the whole story. Local conditions can remain complex, with market dynamics often shifting from one neighborhood to the next within the same metro.<\/p>\n

\u201cI call it the\u00a0\u2018Tale of Two Markets\u2019\u00a0in Nashville right now,\u201d\u00a0Wendy Monday,\u00a0broker at\u00a0Onward Real Estate<\/a>, tells Realtor.com. \u201cSome homes sit for weeks, and others generate multiple offers on day one.\u201d<\/p>\n

Monday says that on Wednesday, she took clients to view a newly listed home, getting there at 8:30 a.m. on the first morning of showings in hopes of beating the rush.<\/p>\n

\u201cI call it the\u00a0\u2018Tale of Two Markets\u2019\u00a0in Nashville right now,\u201d\u00a0Wendy Monday,\u00a0broker at\u00a0Onward Real Estate, tells Realtor.com. \u201cSome homes sit for weeks, and others generate multiple offers on day one.\u201d bilanol \u2013 stock.adobe.com<\/p>\n

\u201cAnd lo and behold, there were already two other buyer groups walking through at the same time,\u201d recounts the broker. \u201cBy end of day, the sellers had multiple offers and were calling for highest and best by the following morning.\u201d<\/p>\n

Monday says this vignette illustrates how despite the fact that Nashville\u2019s inventory is up, surging over 18% year over year in March according to the latest\u00a0Realtor.com monthly housing market trends report<\/a>, having more choices should not lull buyers into a false sense of security.<\/p>\n

\u201cThe right home at the right price can still move incredibly fast,\u201d she warns. \u201cThe buyers who win are the ones who are ready to write a compelling offer.\u201d<\/p>\n

Nashville\u2019s sellers have learned from the recent increase in time on market and are mostly pricing competitively.<\/p>\n

\u201cThose who still want to \u2018test the market\u2019 at a higher price will be penalized by lingering on the market and selling for less overall,\u201d says Monday. \u201cThe longer a house sits on the market, the more power shifts to the buyer.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Home shoppers itching to reach the closing table this spring will find a mixed bag of conditions depending…\n","protected":false},"author":2,"featured_media":226486,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[44198,4535,28,1644,116,123,6567,139,480,804,135,137,136,10195,5537],"class_list":{"0":"post-226485","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tampa","8":"tag-austin","9":"tag-california","10":"tag-florida","11":"tag-housing","12":"tag-jacksonville","13":"tag-miami","14":"tag-nashville","15":"tag-orlando","16":"tag-real-estate","17":"tag-residential-real-estate","18":"tag-tampa","19":"tag-tampa-headlines","20":"tag-tampa-news","21":"tag-tennessee","22":"tag-texas"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/226485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=226485"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/226485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/226486"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=226485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=226485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=226485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}