Between economic woes and the
housing bubble burst, home buyers have appeared to have the upper hand in the
real estate market for several years. With fewer active buyers, more homes
for sale, tighter lending restrictions, and falling home prices, sellers were
at a clear disadvantage.
The big question......... is the buyer’s
market over? Signs point towards yes.
Low listing inventory levels and
increased buyer demand, combined with sellers’ unwillingness, and inability, to
let prices go much lower, are shifting the balance of power away from
buyers.
