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

(1) Subunit integral to a larger unit. (Usually associated with furniture). (2) Permanent fixture or appliance which is not intended to be portable and cannot easily be removed. A home has ...

Representation on a flat surface of any region that depicts the elevation of that region. ...

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable income is computed, the tax to be paid can be determined by looking at the tax rate ...

Residential structure designed to house more than one family. Smaller multifamily housing units include duplexes, triplexes, and quadriplexes. Larger multifamily housing is normally termed ...

Amount required to payoff the full balance of the mortgage today. The amount equals the principal balance plus any prepayment penalty. ...

Provision in a lease agreement in which the lessee is given the right to buy the property at the end of lease term. In many cases, the option price is attractive to encourage acquisition. ...

Permission to do something that differs from the basic zoning requirement. An example is a homeowner receiving special authorization to build a two-family house in a single family zoned ...

Way to determine the capitalization rate of income property for valuation purposes by weighting the rate of interest and source of financing in percentage terms. ...

Bottom of a frame such as a window sill. ...

Popular Real Estate Questions