Spring Housing Market Shaping Up as Tale of Two Coasts

Posted by Bonnie Martin Designated Broker on Thursday, March 20th, 2014 at 5:21pm.

househill_sellingpix_450zillow.com - As the spring home shopping season heats up, buyers and sellers nationwide can expect very different experiences when it comes to negotiating power.  Our analysis shows many home sellers are thriving in the Bay Area, San Antonio and Los Angeles metro areas, where price cuts are sparse and homes often sell at or near their asking price.

On the other end of the spectrum, the Cleveland, Philadelphia and Tampa metros are buyers’ markets, with homes taking longer to sell, less competition in the marketplace and more room for bargaining on prices.

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