Real Estate News

Cooling Housing Market Opens Rare Window for Buyers to Gain the Upper Hand


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Significant reductions in house prices have created a rare opportunity: sellers can now sell their current home first and then use the proceeds to shop for a new one, minimizing the risk of being "stuck" in between transactions.

Although the excerpt doesn't detail all factors, this shift likely stems from an oversupply of listings combined with subdued demand—pressuring prices downward. Such an environment typically results from high interest rates, slower economic activity, or market cooling after prolonged price growth, making it less competitive for buyers.

For buyers, the reduced competition and lower prices mean they have greater bargaining power and a more comfortable timeline. For sellers, the opportunity to sell first may feel safer, but it also means navigating two transactions in changing market conditions. This dual dynamic signals a turning point in the housing market—buyers are gaining leverage, but careful planning remains essential.

Read the full article on: yahoo!finance

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Eldon King
Eldon King
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