The Brief
- A new Redfin report names San Antonio the nation’s strongest buyer’s market for housing.
- Austin, Dallas, Fort Worth, and Houston also rank among the top cities favoring buyers.
- Experts say rising mortgage rates and home supply are giving Texans more negotiating power.
TEXAS – It’s the strongest buyer’s market for potential homeowners in nearly two decades, and a Texas city sits at the top of the list.
Four other major Texas cities are considered strong buyer’s markets, according to the new study by Redfin.
Texas tops buyer’s market
By the numbers:
San Antonio is considered the strongest buyer’s market in the nation, the study found. There are 117.3 percent more home sellers than buyers in the city. San Antonio has a median sale price of $303,896.…