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

The adjudication definition is a legal ruling or judgment used in the justice system when a case is settled or finalized. To define adjudication, we must look at the justice system and how ...

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

Fee paid only if other criteria are met. ...

As a legal term, abandonment defines a deliberate renunciation of rights to an asset or a business relationship. What does abandonment mean in real estate? In real estate, abandonment, ...

Oral or written contract that is not enforceable by the judicial system. Examples are contracts with minors, fraudulent agreements and contracts that exceed the statute of limitations. ...

Legal responsibility for something. For example, an owner of commercial property (e.g., restaurant) is legally obligated for damages on that property (e.g., restaurant patron falls and ...

A floor where the binding joists support the common joists above and the ceiling below. ...

The seller disclosure is a statement made in good faith regarding the condition of the home he/she is trying to sell. There is a seller disclosure form – called “Form 17” ...

See effective tax rate. ...

Popular Real Estate Questions