Buyer's Market:  Occurs when sales slow and inventory accumulates.  DOM (Days on Market) are typically long.  In such a market, sales prices fall giving buyers greater opportunities. 

Buyers we are still in a buyer's market.  Come on and grab some of the great purchase opportunities that are out there.  This will not last forever like it is now.  Don't let hesitation get the best of you and you find yourself looking back on hindsight on how you could have purchase a home for much less but did not act fast enough.

Pretty soon we might the Market switched over to either:

• Balanced Market: This is usually a transitional phase between a seller's and Buyer's Market when neither side has an advantage.
• Seller's Market: A real estate market characterized by small inventories and short DOM (Days on Market). Multiple offers on properties, even those exceeding the asking price, are common.  In such a market, sales prices rise as competition for fewer houses become more intense.

Either of the above markets can mean less opportunity to purchase at a lower price or find the house of your dreams.  So don't delay, get out and buy your dream home for less!

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Give us a call today!  866-750-8282

For a FREE MARKET EVALUATION of your home Call us or visit http://www.motheranddaughterrealty.com/

Check out: Real Estate Terms/Definitions.  And take a look at Mother and Daughter Blog and D'Adrea's Mother and Daughter Blog  - for other tips for Sellers and Buyers. I work with my daughter as the Mother and Daughter Real Estate Team at Perfect Financial Solutions and we also focus in Short Sales and the Pre-Foreclosure process.  Our consultations are free.  Our aggressive marketing plan includes on-line listing advertising.  If you are thinking of selling or buying a home in Northern California's Central Valley (San Joaquin County CA - includes Stockton, Manteca, Tracy, Lathrop) plus Stanislaus County CA - includes Modesto, Salida, Riverbank) & the East Bay (Alameda County CA - includes Hayward, Fremont, Newark, Union City & Oakland) and surrounding areas give us a call.  If you would like a FREE Home Seller or Home Buyer Handbook, please call us at 866-750-8282 or email at US.

Check us out on website: http://www.motheranddaughterrealty.com