Blog > What Is a Buyer’s Market?
A buyer’s market occurs when the number of homes for sale exceeds the number of buyers. This creates more competition among sellers and more negotiating power for buyers. Homes tend to stay on the market longer, and price reductions become more common. Buyers can often secure favorable terms, seller concessions, or closing cost credits. For sellers, success in a buyer’s market means pricing competitively, improving presentation, and working with an agent who understands how to position a listing strategically.
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