Actually, it is neither.The truth is it is actually a lender’s market! It is also true that to a degree it has been a buyer’s market for most of the country. This occurs when the supply of homes for sale exceeds demand, creating a situation where homes take longer to sell and where prices become more negotiable in favor of the buyer. There is a new phenomenon in today’s real estate market. This phenomenon is affecting today’s buyers, especially those buyers who are highly … [Read more...]