Definition of "Buyer’s market"

Are you planning on buying a house? If you are, you’re going to love the Buyer's Market definition. But if you are a home seller, you will wish that term never comes up again in your life.

Buyer’s market refers to a Real Estate Market opportunity in which the home buyer holds an advantage compared to the home seller in regards to the sale of a house. Why? Because the supply and demand ratio is favoring the buyers; there are too many houses on the market for sale and not that many people interested in buying a house.

Enjoy your moment, Home Buyer! Go get that house!

 

Real Estate Lifeline:

Don’t freak out in a Buyer's Market, Dear home seller. The real estate market changes a lot. Soon, the tide might change in your direction and it will be your time to ride that perfect wave called “Seller’s Market
”  

Find an agent to help you read the market and determine if it’s the right time for you to buy or sell the house!

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

In our world, you can request anyone to perform virtually any task for a little (or bigger) incentive. So, what is the definition of incentive precisely? An incentive can be a service or ...

When you hear the term annuity, you’re often left wondering what is an annuity? The simplest annuity definition is a financial product designed to ensure cash flows at equal intervals ...

Insulating material attached to crevices around doors and windows to prevent air from either entering or escaping from a structure. Tacked, stapled, or glued onto the surfaces of the doors ...

mortgage being reduced through periodic principal and interest payments. ...

Losses arising from damage to or destruction of property. ...

Creates a lien against the mortgagor's property, but does not permit a lien against his or her personal assets. See also non recourse. ...

Created by law usually for the right to travel to landlocked parcel of land ...

Certificate usually granted by a jurisdictions building department certifying a specified premise has satisfactorily complied with all zoning and building ordinances. This certification is ...

Unexpected increase in the price of property not due to any effort on the owner's part. An example is when the appraised value of a house increases because of a population increase in the ...

Popular Real Estate Questions