It’s a Buyer’s Market. Anyone notice?
In a buyer’s market, home lookers tend to think because they have lots of choices that they also have lots of time.
There are actually two different markets going on during a Buyer’s Market.
- The market for good properties
The good properties are priced right, offer great terms, in excellent condition and staged well. These good properties always have lots of activity and these good properties sell. The home looker can’t wait on these because a home buyer will buy. Days On Market is dropping in Dane County.
- The market for not so good properties
These properties are not priced well, do not offer great terms, not in great condition and not staged well
So if now is a good time for you to buy, it is a good time for you to buy a good property.
It’s a good time to sell now also, if you are going to be one of the good properties.
Related Posts:
Is Now A Good Time To Buy Real Estate?
Buyers Agent: Should You Have One?
5 Comments
September 10, 2007 at 3:56 am
[...] There are always two different market’s taking place in a Buyer’s Market. [...]
September 11, 2007 at 12:29 pm
[...] that single family days on market are fairly reasonable, a little over two months. But there are always two markets going on in a Buyer’s market. The good homes are selling and selling in quick fashion. The last time we looked at the numbers it [...]
September 29, 2007 at 1:23 am
[...] The market for good properties [...]
September 29, 2007 at 1:44 am
[...] The market for good properties [...]
November 5, 2007 at 10:46 pm
[...] In a buyer’s market you still can’t afford to wait [...]