sellers of anything will always make a killing on a sell unless they’re desperate, so what’s your point lendingbubbleco? Even at the bottom of the last crash in 1996, if they buyer bought in 1980, they would be making a killing. So I guess in your terms, it’s always a seller’s market.
If sellers do have the control, then they wouldn’t have to lower the price. Seller will ALWAYS want the highest price and buyers will ALWAYS want lowest price. If price have to go lower, then buyers have the control, period.
SDR, there are buyers at every price point for a particular house. You and I are not as serious of a buyer as some other buyers out there. For those serious buyers, they will negotiate with the sellers and buy what ever price they come up with. If after negotiation, the buyers get more of what they want than the seller, that’s the buyer’s market.
