If This is a Buyers Market, Why Can't I Buy at a Discount? - 05/08/10 04:06 PM
The question is best answered with an example. A hypothetical buyer looks at 24 homes in a strong buyers market.* The market includes eight months of inventory, meaning three of the 24 homes will sell this month. Of the 24 homes, six are of good quality and condition, six are poor quality, and 12 have potential. Two of the six good ones and one of the 12 potentials are priced very competitively and are the three that will sell.
 
Our buyer recognizes the three as the best available opportunities and decides to offer on one. The other buyers looking in … (2 comments)

 
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Pat Paulson, Realtor Minneapolis, Minnesota

Minneapolis, MN

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