Buying a home in a buyer’s market can be a great thing. You have a lot of inventory to choose from, and you have much more negotiating power than you do in a Seller’s Market. A buyer’s market is the perfect opportunity for you to get the house you want at the price you want. There is one thing you need to look out for though. In a buyer’s market there are more sellers out there and sellers are having to wait much longer to find a buyer. Eventually, that seller may become a bit desperate to sell, not all the time, but it happens. Barbara Corcoran wrote a great blog post about what to look out for when possibly dealing with a desperate seller. According to her, “Sellers can be, let’s say, ‘flexible,’ with the truth” in this situation. Click here to read more.

We have been waiting for months to tell you about this one. One blog we read religiously is Barbara Cocoran’s. She is a savvy real estate agent that gives it to you straight. Last July she was on the Today Show with some tips for home buyers and sellers including her thoughts on timing the market, picking the neighborhood and getting a professional home inspection. You can check out the recording here: http://www.barbaracorcoran.com/blog/?p=182 and keep Barbara in your favorites list. We do!