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Here are the 10 best markets to be a homebuyer

Published by Business Insider on Wed, 15 Feb 2017


Housing markets in the eastern part of the United States continue to lag those out west. Data released on Tuesday by brokerage firm Zillow showed nine of the top 10 US markets controlled by buyers are located east of the Mississippi River. Additionally, three of the markets are within the state of Florida.Zillow Chief Economist Dr. Svenja Gudell said in a statement accompanying the data that "a number of markets nationwide continue to struggle with slower job growth, weaker home value appreciation and higher rates of negative equity, giving buyers more negotiating power."Here's a look at the 10 US housing markets most controlled by buyers, based onhow long houses stay on the market and the percentage of houses with price cuts.10. Washington, DCDays homes are listed on Zillow: 84Percent of listings with price cut:11.3%Source: Zillow9. Orlando, FLDays homes are listed on Zillow: 89Percent of listings with price cut:10.6%Source: Zillow8. Tampa, FLDays homes are listed on Zillow:83Percent of listings with price cut:13.3%Source: ZillowSee the rest of the story at Business Insider
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