Buyer's Market or Seller's Market? Why it May Not Matter
You’ve probably heard plenty of talk about whether it’s a buyer’s market or a seller’s market, with people saying not to buy in a seller’s market and not to sell in a buyer’s market. But does it really matter what kind of market it is? Maybe not as much as you may think. To understand the importance—or rather lack of importance—of whether it’s a buyer’s or seller’s market, we’ll first need to define each type of market. In simplest terms, market conditions are based on the ba