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Austin is America’s strongest buyer’s market
Plus: Texas cities among the most affordable cities in the world
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Today’s newsletter is 660 words, a 2.5-minute read.
1. Austin is America’s strongest buyer’s market
According to a new Redfin report, Austin has become the nation’s most favorable market for homebuyers, with 130% more sellers than buyers in September. In total, four of the 10 strongest buyer’s markets are in Texas.
Nationally, sellers outnumbered buyers by 36.7%, nearly matching the record gap of 36.9% set in June 2025. This growing imbalance means homes are staying on the market longer, and sellers are increasingly open to negotiating on price and closing costs.
Texas’ strongest buyer’s markets, September 2025
Rank | Metro Area | % by which sellers outnumber buyers | Sellers | Buyers |
|---|---|---|---|---|
1 | Austin | 130.0% | 17,403 | 7,568 |
6 | San Antonio | 108.9% | 18,343 | 8,782 |
7 | Dallas | 100.4% | 31,926 | 15,934 |
10 | Houston | 83.8% | 43,486 | 23,659 |
Nationally | 36.7% | 1,958,187 | 1,432,524 |
📰 Related News: Texas buyers were most likely to "ghost" homesellers. (Redfin)
2. Realtor.com hit with Taylor Swift copyright claim
On Monday, photographer Brynn Burns, who shot a portfolio of photos of the estate where Travis Kelce proposed to Taylor Swift, filed a lawsuit in U.S. District Court in Missouri against Realtor.com’s parent company, Move, Inc., alleging unauthorized use of her copyrighted images.
Burns also named the National Association of Realtors (NAR) as a defendant.
In the complaint, Burns claims that Realtor.com attempted to capitalize on the buzz surrounding Swift and Kelce’s engagement by publishing stories that featured “impossible to find” interior photos of Kelce’s home, images she says were hers.
She further alleges that by publishing her photos, Realtor.com rendered them commercially useless.
Burns is seeking unspecified damages to be determined at trial.
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3. Catch up quick
💫 Austin and Dallas rank among the most affordable cities in the world. (DWS)
🏠 For-sale inventory surpasses pre-pandemic levels. (Homes.com)
📰 Fannie Mae CEO is out. (WSJ)
💵 29% of U.S. home purchases are made in cash. (Redfin)
🕊️ Dan Moody Jr., Houston real estate legend, dies at 84. (HoustonChronicle)
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4. Home prices rose 0.2% in September
According to a new report from Redfin, home prices rose 0.2% month over month in September on a seasonally adjusted basis. Matching August’s 0.2% gain, it marked the second straight month of price growth after values were flat in July.
On a year-over-year basis, prices were up 3%, the slowest annual increase in Redfin’s Home Price Index (RHPI) data since 2012. That’s down from 3.3% in August and well below the 5%–6% growth rates seen earlier in the year.
Home prices fell in 18 of the 50 largest U.S. metros on a seasonally adjusted basis in September. The biggest monthly decline came in San Antonio (-0.6%), while on a year-over-year basis, prices dropped the most in Austin (-4.2%).
5. Houston condos average $50K cheaper than in 2024
The median price of a Houston condo was $182,250 last month, 21% lower and nearly $50,000 less than a year ago, according to Homes.com. By comparison, Houston’s overall home prices fell just 1.5% year over year.
September marked the first month in nine months that Houston's inventory didn’t increase.
Condo inventory grew more slowly than other housing types over the past year, with just 15 more units for sale last month compared to September 2024, a 4% increase. Detached home inventory, on the other hand, rose by nearly 1,000 units, up 9% year over year.
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