It’s officially a Buyers’ Market, and today we have a special guest joining us—meet Penny! Penny is an adorable little Pomapoo, and you’ll be seeing more of her on my Facebook and Instagram as she helps bring a little extra cuteness to your feed. Now, let’s talk about what a Buyers’ Market means and why it’s great news for those looking to purchase a home right now.
A Buyers’ Market happens when there’s more inventory than there are buyers actively searching, giving you, as the buyer, a distinct advantage. With more options to choose from and less competition, you gain valuable negotiating power. This allows you to include important conditions, such as home inspections or financing, that may have been nearly impossible to secure during last year’s bidding wars. The market is more flexible now, making it the perfect time to explore your options and find your dream home. Be sure to check out the latest statistics on my website to see what’s happening in your neighborhood, and stay tuned for more appearances from Penny!