I don’t get why now is a good time to buy. Neither do the other buyers, as many are fence sitters in lieu of buying.
When buyers are buying it is a buyer’s market. But sales are way down, so how can it be a buyer’s market?
I too am sick of hearing the phrase “buyer’s market”. What the heck does that mean? Isn’t it the NAR’s definition of a market where months inventory is above 7 or 8, i.e. buyers are retreating? Buyers are losing interest, not buying, so it definitely is not a buyer’s market.