December 2011

Found 1 blog entry for December 2011.

opportunity

 

You may have heard about today’s market being a buyer’s market. But what exactly does this mean?

In general, a buyer’s market refers to a real estate market that is beneficial to buyers. A buyer’s market means that a number of factors are in the buyer’s favor creating buying opportunities. This usually means the following:

• There is a larger inventory of homes – In a buyer’s market, you can be sure that there are a lot of homes on the market from which to choose. In other words, the supply is greater than the demand. As a result of more sellers and less buyers, the price of homes during a buyer’s market usually drops. In addition, buyers may be able to negotiate better prices and terms with sellers because sellers may be anxious to sell their

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