Is It Truly a Buyer’s Market?

Is It Truly a Buyer’s Market?

For some buyers, today’s housing market is easier than it was last year—but it is still challenging overall.

What’s Improving for Buyers

• More buyers are getting their first offer accepted
• Buyers are finding homes faster
• More homes are selling below asking price
• Sellers are more open to concessions

Why Buyers Are Still Cautious

• High home prices remain a concern
• Financial uncertainty is causing hesitation
• Home inspections are once again non-negotiable

Who Is Buying Right Now

• Purchases are driven by family or job-related needs
• Fewer discretionary and move-up buyers

Bottom Line

This is a more balanced market—but not an easy one. Preparation, pricing, and condition matter more than ever.

Source: Bright MLS Market Survey, October 2025