an economic situation that favors buyers over sellers
A period existing in the real estate market, whereas the number of available homes exceeds the number of buyers actively searching for a home. Such a condition could potentially favor the buyer because home sellers must remain flexible in their pricing and contract requirements in order to compete with the large volume of other home sellers.
A market condition that occurs in real estate where more homes is for sale than there are interested buyers Back to the Top
A market condition where there are fewer buyers than there are sellers. Usually indicated when a property is on the market for more than 90 days and interest rates are very high. (12% or higher)
A market in which there are more houses for sale than there are potential buyers. Housing prices are usually driven lower, and buyers stand to get a better deal.
Market conditions that favor buyers i.e. there are more sellers than buyers in the market. As a result buyers have ample choice of properties and may negotiate lower prices. Buyers markets may be caused by an economic slump or overbuilding.
When sellers have more homes for sale than there are interested buyers Select Another Letter
When buyers are able to bargain with sellers for a lower prices over property this may be a cause known as the buyers market (more sellers then buyers). The market is in favor of the buyers since more property for sale is in abundance. This type of buyers market may be seen during an economic drop or widespread developments.
A situation in which there are more homes available than there are interested buyers. This market condition is favorable to the buyer because sellers may have to be more negotiable in order to secure the sale.
A market condition which occurs in real estate where more homes are for sale than there are interested buyers
A condition of the real estate market where there are more properties for sale than people interested in buying them. Buyers have more choice and less competition for the available properties, resulting in lower prices.
A slow real estate market in which buyers have the advantage.