Are We About to See a Buyer’s Market?

A nationwide jump in home sales has been arguably the greatest driving of health in the property sector, with the late 2012 turnaround continuing on the strength of new closings. As a nationally comprehensive statistic, most analytics firms reported a quarter-over-quarter climb in the rate of purchase. While values continued to climb and home purchases sustained at a promising rate, this boom in purchase rates seemed to decelerate some by the close of Q3.Taking all this into account, a recent USA Today story notes that we may quickly see a shift from a seller’s market to one more favorable to buyers. As a general timeframe, most realtors seemed to be reporting a slowdown in sales around the close of summer. While this is seasonally typical, it also seems bolstered by a variety of other factors.

via Are We About to See a Buyer’s Market?.

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