Buyer’s Market, Seller’s Market? A Market in Transition



With a few exceptions, most of the nation is either in transition or has already made the transition from a sellers market to a buyers market. What this means exactly is that now may be the best time in years to purchase a first home. Because inventories are increasing in most markets, sellers are required to be more competitive than they were a short time ago. You, the buyer, are now in control!

In a sellers market, it was not uncommon for a purchaser to only see a few homes before making an offer, all because the fear of losing a potential house to the next eager buyer was ever-present. Fast-forward to the buyers market…Like it or not, a buyers market makes looking at a larger number of homes important.

While it may be physically possible to see many homes in a day, and many homes overall, it becomes very difficult to remember details and compare homes at a certain point. An experienced Realtor

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