A buyer’s market

Pro Tip 1/3

Economic Cycle

This phrase often relates to economic trends, understanding it requires knowledge of market conditions.

During the recession, it became a buyer's market for cars.

Pro Tip 2/3

Negotiating Power

Buyers have more power to negotiate for lower prices or better terms in a buyer's market.

You can negotiate a great deal on the appliance since it's a buyer's market.

Pro Tip 3/3

Not Always Favorable

While it sounds positive, sellers facing a buyer's market might need to lower expectations.

Sellers are unhappy since it's a buyer's market for real estate right now.