(NEXSTAR) – The real estate game is changing. After years of the market largely favoring sellers, the country as a whole has shifted into "neutral" territory this summer, Zillow found in its updated Market Heat Index.
But the nationwide numbers don't tell the full story. While homes sit on the market for weeks in some cities, they're going like hotcakes in others.
Cities across the Sun Belt – where real estate markets were hot in the peak pandemic years – have started to turn into calmer buyer's markets.
"Places like Texas and Florida were very popular in the beginning of the pandemic, when everyone moved there for outdoor living and that it was affordable," said Zillow senior economist Kara Ng. "So what happened there, in these markets, was that builders were able to keep up with deman