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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
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DNyuz
During the pandemic, housing markets in Florida and Texas enjoyed a surge in popularity.
Redfin data released in July shows the U.S. is firmly a buyer’s market, with sellers outnumbering buyers by nearly two to one.
Cincinnati and Columbus are modest buyer’s markets (37.2% and 40.5%, respectively), and Cleveland is one of the rare balanced markets in America.
In Texas, Florida, and Colorado, active inventory at the time exceeded pre-pandemic 2019 levels, Lambert wrote, because the Sunbelt overbuilt.
The post The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner appeared first on Fortune.