Yes, as spring approaches, more and more markets are showing increased inventory, which means more bargaining power. And nowhere is this truer than in the Sun Belt where new construction remains strong.
The top ten metro areas based on months of inventory supply (included:
- Miami, FL – 9.8 months of supply
- Austin, TX – 9.5 months of supply
- Pittsburgh, PA – 8,6 months of supply
- Orlando, FL – 7.4 months of supply
- New York, NY – 7.1 months of supply
- Tampa, FL – 7.0 months of supply
- Las Vegas, NV – 6.9 months of supply
- Raleigh, NC – 6.5 months of supply
- Jacksonville, FL – 6.5 months of supply
- Atlanta, GA – 6.3 months of supply