Buyer’s Market

A "buyer's market" happens when people looking to buy a home have a stronger bargaining position than the sellers have. In a classic economic sense, a buyer's market occurs when the supply of homes available for sale exceeds the demand for them. However, other things in real estate create a buyer's market. Causes Of A Buyer's Market Besides having too many homes for sale and too few buyers, a buyer's market in real estate may  come from widespread credit market problems. There may be plenty of buyers interested in homes that are for sale, yet they may not be able to…