{"id":994861,"date":"2026-08-13T08:52:47","date_gmt":"2026-08-13T12:52:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-number-of-u-s-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor\/"},"modified":"2026-08-13T08:52:47","modified_gmt":"2026-08-13T12:52:47","slug":"the-number-of-u-s-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-number-of-u-s-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor\/","title":{"rendered":"The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers&#8217; Favor"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <i>Redfin reports sellers outnumbered buyers by 51% in July\u2014just shy of December&#8217;s record high\u2014giving buyers more negotiating power<\/i>\n        <\/li>\n<li>\n          <i>Nearly 80% of major U.S. metros are now buyer&#8217;s markets, led by Miami, Nashville and a trio of Texas cities<\/i>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\">SEATTLE<\/span>, <span class=\"legendSpanClass\">Aug. 13, 2026<\/span> \/PRNewswire\/ &#8212; There were an estimated 51.3% more home sellers than buyers in the U.S. housing market in July, just shy of December&#8217;s peak of 51.8% and up from 47.9% the month before. That&#8217;s according to a new <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=620510401&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fbuyers-vs-sellers-july-2026&amp;a=report\" target=\"_blank\" rel=\"nofollow\">report<\/a>\u00a0from <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=3355216398&amp;u=https%3A%2F%2Fwww.redfin.com%2F&amp;a=Redfin\" target=\"_blank\" rel=\"nofollow\">Redfin<\/a>, the real estate brokerage powered by Rocket.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS690711\/Redfin-Powered-by-Rocket-Logo.jpg?id=OA2874945\" title=\"Redfin, a leading digital real estate brokerage, is now part of Rocket Companies\" alt=\"Redfin, a leading digital real estate brokerage, is now part of Rocket Companies\" \/>\n        <\/p>\n<\/p><\/div>\n<p>Miami, Nashville and several parts of Texas are the nation&#8217;s strongest buyer&#8217;s markets, where sellers outnumber buyers by the widest margins.<\/p>\n<p>When sellers outnumber buyers, buyers typically have more negotiating power because they have options. That&#8217;s why a market with a lot more sellers than buyers is considered a buyer&#8217;s market. Redfin defines a market where there are over 10% more sellers than buyers as a buyer&#8217;s market and a market where there are over 10% fewer sellers than buyers as a seller&#8217;s market. A market where the gap is plus or minus 10% is considered a balanced market.<\/p>\n<p>It&#8217;s only a buyer&#8217;s market for people who can afford to buy. High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today.<\/p>\n<p>&#8220;Buyers are dropping out faster than sellers, giving the buyers who remain more options and more negotiating power,&#8221; said <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=2621903893&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fauthor%2Fasad-khan%2F&amp;a=Asad+Khan\" target=\"_blank\" rel=\"nofollow\">Asad Khan<\/a>, a senior economist at Redfin. &#8220;At the same time, uncertainty around whether the Fed will hike rates<i>\u2014<\/i>and this summer&#8217;s rising mortgage rates<i>\u2014<\/i>are keeping many would-be buyers on the sidelines. That makes the stretch between now and Labor Day a potential sweet spot for people who need to move: Buyers have leverage, while motivated sellers may be willing to negotiate before the early-fall rush brings some buyers back to the market. This could be the best chance for buyers and sellers to meet in the middle.&#8221;<\/p>\n<p>\n        <b>Homebuying Demand Dropped to Lowest Level on Record<\/b>\n      <\/p>\n<p>The number of homebuyers in the market fell to its lowest level on record in July. Nationwide, there were an estimated 966,752 buyers in the market, down 2.5% from the month before.<\/p>\n<p>Meanwhile, there were an estimated 1,462,921 home sellers in the market. That&#8217;s down 0.3% from a month earlier to the lowest level in a year<i>\u2014<\/i>but there were still nearly half a million more sellers than buyers.<\/p>\n<p>The seller surplus jumped from June to July because while fewer sellers entered the market, way fewer buyers entered the market. This isn&#8217;t a story of surging supply so much as sluggish demand; buyers who can&#8217;t stomach today&#8217;s prices and mortgage rates are simply <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=2782939551&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fpending-sales-decline-july-2026%2F&amp;a=waiting+on+the+sidelines\" target=\"_blank\" rel=\"nofollow\">waiting on the sidelines<\/a>, pushing most of the country into buyer&#8217;s-market territory.<\/p>\n<p>Homebuying demand fell in July largely because mortgage rates soared to their highest level in a year, straining affordability. Widespread economic and geopolitical uncertainty also deterred house hunters. Some prospective sellers pulled back as they took note of slow demand.<\/p>\n<p>\n        <b>Miami Is the Strongest Buyer&#8217;s Market, Followed By <\/b><br \/>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=3871553358&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fnashville-buyers-market-june-2026%2F&amp;a=Nashville\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <b>Nashville<\/b><br \/>\n        <\/a><br \/>\n        <b> and Several Texas Metros<\/b>\n      <\/p>\n<p>More than three-quarters of U.S. housing markets\u201439 of the 49 U.S. metro areas Redfin analyzed\u2014are buyer&#8217;s markets. Redfin analyzed the 50 most populous metros, and excluded Fort Lauderdale, FL due to insufficient data.<\/p>\n<p>Miami was the nation&#8217;s strongest buyer&#8217;s market in July, with an estimated 154% more sellers than buyers. Next came Nashville, TN (151%), Houston (130%), San Antonio (116%) and Austin, TX (112%).<\/p>\n<p>Miami, Nashville and Texas stand out because they combine the national affordability squeeze with local dynamics that have swelled seller ranks even further. Miami and Nashville saw a wave of new construction and investor activity during the pandemic boom, and that supply is now landing <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=429582366&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fsummer-housing-market-austin-chicago-nashville-san-diego-july-2026%2F&amp;a=in+a+market+\" target=\"_blank\" rel=\"nofollow\">in a market <\/a>where local buyers are increasingly <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=896091524&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Faffordability-homebuying-2026%2F&amp;a=priced+out\" target=\"_blank\" rel=\"nofollow\">priced out<\/a>\u2014particularly in Miami, where rising insurance costs, increasing <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=692998112&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhoa-fees-surge-florida-2024%2F&amp;a=HOA+fees\" target=\"_blank\" rel=\"nofollow\">HOA fees<\/a>\u00a0and <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=522118000&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fflorida-homes-for-sale-record-high%2F&amp;a=climate+risks\" target=\"_blank\" rel=\"nofollow\">climate risks<\/a>\u00a0have piled onto already-high prices. Houston, San Antonio and Austin, meanwhile, have some of the most active homebuilding pipelines in the country, and new-construction inventory continues to hit the market even as buyer demand cools, leaving sellers there with little leverage.<\/p>\n<p>In Nashville, local Redfin agent <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=58350030&amp;u=http%3A%2F%2Fkristinsanchezhomes.com%2F&amp;a=Kristin+Sanchez\" target=\"_blank\" rel=\"nofollow\">Kristin Sanchez<\/a>\u00a0says house hunters are breathing a sigh of relief as the buyer&#8217;s market continues through the summer. Buyers are able to take their time because they know they have the upper hand, and they&#8217;re often able to get a good deal because sellers are willing to negotiate, Sanchez says. Compare that to a few years ago, when buyers would have likely competed against multiple offers for homes that sold within days.<\/p>\n<p>\n        <b>There Are 6 Seller&#8217;s Markets, Led By New York City Suburbs<\/b>\n      <\/p>\n<p>Just six of the major U.S. metro areas Redfin analyzed were seller&#8217;s markets in July. The metros that are neither seller&#8217;s nor buyer&#8217;s markets are considered &#8220;balanced&#8221; markets.<\/p>\n<p>Nassau County, NY was the strongest seller&#8217;s market, with 36% fewer sellers than buyers. The other seller&#8217;s markets were Newark, NJ (-21%), Providence, RI (-17%), Milwaukee (-15%), New Brunswick, NJ (-13%) and Montgomery County, PA (-13%).<\/p>\n<p>The seller&#8217;s markets are mainly in places where construction of new homes has been constrained for years. In the greater New York City area, demand is also strong because they&#8217;re close to a major job center. Milwaukee has a relatively strong housing market largely because it&#8217;s affordable, with home prices below the national median.<\/p>\n<p>Home-sale prices rose an average of 4.2% year over year across the six seller&#8217;s markets in July. That&#8217;s compared with a 2.3% increase across the 39 buyer&#8217;s markets\u2014a signal that in seller&#8217;s markets, competition among buyers is pushing up home prices.<\/p>\n<p>\n        <b>House Hunters&#8217; Leverage Grew in 34 of the 39 Buyer&#8217;s Markets<\/b>\n      <\/p>\n<p>Nearly all of the buyer&#8217;s markets became stronger buyer&#8217;s markets in July. The surplus of home sellers over buyers grew month over month in 34 of the 39 buyer&#8217;s markets in the nation.<\/p>\n<p>The surplus increased most in Miami, the strongest buyer&#8217;s market, where there were 154% more home sellers than buyers in July, up from 134% the month before. The next-biggest monthly increase was in Seattle, where there were 65% more sellers than buyers in July, up from 46% in June. Fort Worth, TX rounds out the top three (86% more sellers than buyers, up from 67%).<\/p>\n<p>Next are two metros that are among the three strongest buyer&#8217;s markets: Nashville (151%, up from 135%), and Houston (130%, up from 114%).<\/p>\n<p>House hunters lost negotiating power in just five of the buyer&#8217;s markets. The surplus of sellers over buyers fell from June to July in West Palm Beach, Fl, San Antonio, Pittsburgh, Virginia Beach, VA and Dallas.<\/p>\n<p>To view the full report, including methodology and metro-level insights, please visit: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=1257167248&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fbuyers-vs-sellers-july-2026&amp;a=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fbuyers-vs-sellers-july-2026\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.redfin.com\/news\/buyers-vs-sellers-july-2026<\/a><\/p>\n<p>\n        <b>About Redfin<br \/><\/b>Redfin<span> is a technology-driven real estate company with the country&#8217;s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: <\/span>RKT<span>), <\/span>Redfin<span> is creating an integrated <\/span>homeownership<span> platform from search to close to make the dream of <\/span>homeownership<span> more affordable and accessible for everyone. <\/span>Redfin&#8217;s<span> clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.<\/span><\/p>\n<p>You can find more information about Redfin and get the latest housing market data and research at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=3842255265&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews&amp;a=https%3A%2F%2Fwww.redfin.com%2Fnews\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.redfin.com\/news<\/a>. For more information about Rocket Companies, visit <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4751697-1&amp;h=1906215499&amp;u=https%3A%2F%2Fwww.rocketcompanies.com&amp;a=https%3A%2F%2Fwww.rocketcompanies.com\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.rocketcompanies.com<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=DE25543&amp;sd=2026-08-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/the-number-of-us-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor-302850656.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/the-number-of-us-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor-302850656.html<\/a><\/p>\n<p>SOURCE Redfin<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DE25543&amp;Transmission_Id=202608130830PR_NEWS_USPR_____DE25543&amp;DateId=20260813\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Redfin reports sellers outnumbered buyers by 51% in July\u2014just shy of December&#8217;s record high\u2014giving buyers more negotiating power Nearly 80% of major U.S. metros are now buyer&#8217;s markets, led by Miami, Nashville and a trio of Texas cities SEATTLE, Aug. 13, 2026 \/PRNewswire\/ &#8212; There were an estimated 51.3% more home sellers than buyers in the U.S. housing market in July, just shy of December&#8217;s peak of 51.8% and up from 47.9% the month before. That&#8217;s according to a new report\u00a0from Redfin, the real estate brokerage powered by Rocket. Miami, Nashville and several parts of Texas are the nation&#8217;s strongest buyer&#8217;s markets, where sellers outnumber buyers by the widest margins. When sellers outnumber buyers, buyers typically have more &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-number-of-u-s-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers&#8217; Favor&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-994861","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers&#039; Favor - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-number-of-u-s-homebuyers-just-dropped-to-a-record-low-shifting-the-market-further-in-buyers-favor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers&#039; Favor - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Redfin reports sellers outnumbered buyers by 51% in July\u2014just shy of December&#8217;s record high\u2014giving buyers more negotiating power Nearly 80% of major U.S. metros are now buyer&#8217;s markets, led by Miami, Nashville and a trio of Texas cities SEATTLE, Aug. 13, 2026 \/PRNewswire\/ &#8212; There were an estimated 51.3% more home sellers than buyers in the U.S. housing market in July, just shy of December&#8217;s peak of 51.8% and up from 47.9% the month before. That&#8217;s according to a new report\u00a0from Redfin, the real estate brokerage powered by Rocket. Miami, Nashville and several parts of Texas are the nation&#8217;s strongest buyer&#8217;s markets, where sellers outnumber buyers by the widest margins. 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There were an estimated 51.3% more home sellers than buyers in the U.S. housing market in July, just shy of December&#8217;s peak of 51.8% and up from 47.9% the month before. That&#8217;s according to a new report\u00a0from Redfin, the real estate brokerage powered by Rocket. Miami, Nashville and several parts of Texas are the nation&#8217;s strongest buyer&#8217;s markets, where sellers outnumber buyers by the widest margins. 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