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What Is a Buyer's Market—and What Does It Mean If You’re Buying, Selling, or Just Looking?

Tuesday, September 24, 2019   /   by Angel Murillo

What Is a Buyer's Market—and What Does It Mean If You’re Buying, Selling, or Just Looking?

Buying or selling a home can be a lot like playing a game of cards: You gotta know when to hold ’em and when to fold ’em. To determine the best moments to buy and sell, most people look to the real estate market—whether it's a buyer's market or a seller's market.

But what is a buyer's market? And to what degree should you plan to buy or sell based on the type of market you're in? We gathered a team of real estate pros to break it all down.

What is a buyer’s market?

As you might have guessed, a buyer’s market favors buyers, not sellers. But what, exactly, does that mean?

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The Hebert McMahon Realty Group 

  house hunting, first time home buyer, new home

Rhonda Hebert Group
Rhonda Hebert, Thomas Sitterly, Katie LeWallen
CA DRE# 01372413
CA DRE #02078034
CA DRE #02078034

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