Are We In A Buyer's Market??

There are posts out there now about how there are more sellers than buyers, and that we are now in a "buyer's market."Now, this may be true in some areas—and not all—as the real estate market is very local. But... what is a buyer’s market, anyway?

Let’s talk about one of the most overused, misunderstood, and suspiciously optimistic real estate phrases:“It’s a buyer’s market!”

Sounds exciting, right? Like there’s a doorbuster sale on homes and you're about to score a Craftsman for the price of a sandwich.

Well... not exactly. But let’s break it down—with a little less jargon and a little more real talk.

What Is a Buyer’s Market, Anyway?

In simple terms:A buyer’s market happens when there are more homes for sale than there are buyers shopping. Think of it like dating apps where 10 homes are swiping right and only 3 buyers are online.

This gives buyers the upper hand. More options, less competition, and—most importantly—room to negotiate.

What Does This Mean for You, the Buyer?

Glad you asked. Here’s what a buyer’s market could mean for you:

🏡 You Might Not Have to Sacrifice Your Soul to Win an Offer.

Remember those days when you had to waive inspections, your firstborn child, and your sanity just to be considered?Those days are (mostly) over.

💰 You Can Actually Negotiate Again.

Sellers are suddenly open to things like price reductions, covering closing costs, or—gasp—making repairs.It's like real estate is behaving... reasonably?

🧠 You Have Time to Think (Kind Of).

Instead of making a life-altering decision in 17 minutes, you might actually sleep on it.But don't hit the snooze button too long—good homes still go quickly.

🔍 You Can Be a Little Picky.

That house with the orange carpet, leaky roof, and haunted basement?You don’t have to love it anymore just because it’s the only thing available. Standards are making a comeback.

But Before You Break Out the Confetti…

Let’s keep it real: a buyer’s market doesn’t mean everything is suddenly on clearance. Interest rates, affordability, and local inventory still matter.It’s not a "Black Friday" sale. It’s more like… TJ Maxx.

Good deals exist—you just have to know where to look and move at the right time.

The Bottom Line

If you’ve been sitting on the sidelines waiting for your moment, this might be it.You’ve got leverage. You’ve got options. And with the right mortgage game plan, you’ve got power.

So yes—it’s a buyer’s market.And for once, that phrase might actually mean something good for buyers.

Want to see what kind of power you have in this market? Let’s talk. I can get you all pre-approved to jump on a home you love!