Buyer's Market

Buyer's Market
A situation in which supply exceeds demand, giving purchasers an advantage over sellers in price negotiations. Buyer's Market is commonly used to describe real estate markets, but it applies to any type of market where there is more product available than there are people who want to buy it. The opposite of a buyer's market is a seller's: market a situation in which demand exceeds supply and owners have an advantage over buyers in price negotiations.

During the housing bubble of the early-to-mid 2000s, the real estate market was considered to be a seller's market. Property was in high demand and was likely to sell even if it was overpriced or not in the best condition. In many cases, homes would receive multiple offers and the price would be bid up above the seller's initial asking price. The subsequent housing market crash created a buyer's market in which sellers had to work much harder to generate interest in their properties. Buyers expected homes to be in excellent condition or priced at a discount and could often secure a purchase agreement for less than the seller's asking price for the property.

Investment dictionary. . 2012.

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Look at other dictionaries:

  • buyer's market — market in which the supply exceeds the demand, creating lower prices. Antithesis of seller s market. Bloomberg Financial Dictionary * * * buyer s market buyer s market ➔ market1 * * * buyer s market UK US noun [S] ► ECONOMICS a time when there… …   Financial and business terms

  • buyer's market — n. a state of trade favorable to the buyer, with relatively large supply and low prices * * * …   Universalium

  • buyer's market — buyer s markets N COUNT: usu sing When there is a buyer s market for a particular product, there are more of the products for sale than there are people who want to buy them, so buyers have a lot of choice and can make prices come down …   English dictionary

  • buyer's market — n. a state of trade favorable to the buyer, with relatively large supply and low prices …   English World dictionary

  • buyer's market — n [singular] a situation in which there is plenty of something available, so that buyers have a lot of choice and prices tend to be low ≠ ↑seller s market …   Dictionary of contemporary English

  • buyer's market — ► NOUN ▪ an economic situation in which goods or shares are plentiful and buyers can keep prices down …   English terms dictionary

  • buyer's market — noun a market in which more people want to sell than want to buy • Syn: ↑buyers market, ↑soft market • Hypernyms: ↑market, ↑marketplace, ↑market place * * * buyers’ market or buyer s market …   Useful english dictionary

  • buyer's market — a time when prices are low, soft market    The price of gold is low. It s a buyer s market in precious metals …   English idioms

  • buyer's market — noun An excess of supply over demand, leading to abnormally low prices. Take any price you can get. Were in a buyers market right now. See Also: buyer, market, sellers market …   Wiktionary

  • buyer's market — noun Date: 1926 a market in which goods are plentiful, buyers have a wide range of choice, and prices tend to be low compare seller s market …   New Collegiate Dictionary

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