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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Cheers,
The Hebert McMahon Realty Group