New data shows home sellers outnumber buyers in Texas

TEXAS — Buyers are firmly in control of the housing market, according to experts. Sellers are cutting prices and offering concessions to compete with new construction.

Evan Morales took advantage of the buyer’s market and bought his first home in Kyle, Texas.

“I was talking with my mom and my realtor, Amanda, and she was telling me, ‘Oh, it’s better just to buy a home… you’re going to be spending a lot more money renting a home, and you’re not even going to own it at the end of the day,’” said Morales…

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