Who’s Got the Power? Buyers Are Gaining Ground in Today’s Market
The housing market has been on a rollercoaster ride over the past few years—and the pendulum is swinging again. According to the August MBS Highway Housing Survey, 55% of respondents said their area is now a buyer’s market. That’s a significant shift from earlier this year and something buyers and sellers alike should be paying attention to.
What Is a Buyer’s Market?
In simple terms, a buyer’s market means there are more homes for sale than there are active buyers. That gives buyers more leverage—more choices, better negotiation power, and often, more favorable terms.
We’re seeing:
✔️ More listings staying on the market longer
✔️ More sellers willing to negotiate on price
✔️ More opportunities for concessions and financing help
If you’ve been waiting for the right time to buy, this might be your moment.
What’s Fueling the Shift?
Several factors are driving this trend:
Higher mortgage rates have slowed buyer activity, easing competition.
Inventory is growing, giving buyers more options and cooling price wars.
Affordability pressures are forcing sellers to adjust pricing or offer incentives.
It’s a classic case of supply and demand—and right now, buyers are holding more of the cards.
What Buyers Should Know
This shift means buyers can:
Take more time to make decisions
Ask for inspections, credits, or even rate buydowns
Avoid overpaying in bidding wars
You don’t have to rush, and you may get better value for your money.
What Sellers Should Know
This isn’t a doom-and-gloom moment for sellers—but it does mean that strategy matters more than ever. Pricing, presentation, and professional guidance are key. Well-priced homes in desirable areas are still moving—but sellers need to be flexible and informed.
Bottom Line:
The market is changing. If you’re considering buying, let’s create a game plan that positions you to win in today’s environment. If you’re selling, I can help you stay competitive and get top value.
📞 Call me at (734) 417-2115 or visit www.VictorBals.com to get started.
Let’s make your next move a smart one
