As we have recently seen the national housing market has been slowing down after a long period of extreme activity. During this period we saw home values climb higher than ever before and there were so many buyers in the market that often there was stiff competition for what homes were available. This caused builders to go into overdrive, developing homes at a rate never before seen and again this increased home values as there were even enough buyers to keep up with the builders. Unfortunately many of those buyers were receiving sub-prime loans that ended up in foreclosure when the mortgages could not be paid on time. This was a partial cause of the general cooling off of the market, it is also partly the result of the normal fluctuation of the market that is dependent on many monetary factors. The end result of all of this action is that home prices have dropped in many areas around the country and this has created an opportunity like there has not been since before the housing boom got underway.

The boom created a real sellers market. The demand for homes was so great that sellers often found their properties in the middle of bidding wars with eager buyers trying to top each other to get their hands on homes. This continually drove home prices up and whipped sellers into a fever. The results of this are easy to see, the national obsession with home flipping is a perfect example. You can't turn on the TV without seeing a show on home renovation, flipping, reno disasters or investing. Today, we have moved into a buyer's market. With not as many buyers interested in homes, sellers are now having to compete for their business. This is unfamiliar and scary territory for investors who broke into the market while it was soaring at the other end of the spectrum.

But what does this mean for the average home buyer? Well, for one it mean that sellers are now competing for your business and attention. You can expect more comprehensive incentives when buying and a more acceptable price than you may have expected in previous years. Essentially this is a great time to be a home buyer and one should be able to find some terrific deals in the local real estate market. Get out there and with financing in hand, find that dream home that you have always been looking for.

More info on your stop foreclosure information search:

Get Free Foreclosure Advice and Free Refinance Quotes
Get your free on-line foreclosure refinance quote and free advice from foreclosure mitigation specialist in minutes. Compare real offers from top national subprime and hard money lenders... more...

Housing Market Inventory for November
As you go about considering the timing of the buying or the selling of your home in Florida, including the Tampa real estate market, there are a number of factors that you need to consider and analyze. One of the more important factors that you need to keep in mind when it comes to the buying or ... more...

Risks Faced By Real Estate Investors In A Buyers Market
From one end of the United States to the other real estate property values are falling. In some areas, like Arizona, Florida, Nevada, Michigan and California, they are in free fall. Foreclosures are at an all time high, flooding the market with homes for sale. Many of these homes are currently ... more...

Staging Golf Course Homes
When selling a golf course home there is a real necessity to show off the scenery and beauty of the home and yard that you are offering. Needless to say when showing such a home the yard is going to play a humongous role in the sale. Few other home styles will have such a reliance on the home's ... more...

Seven Reasons to Buy a Holiday Home in Costa Rica
Costa Rica in Central America is an incredibly beautiful nation with well over 1,200 km of Pacific Ocean and Caribbean Sea coastline and it is a nation with a rapidly developing, environmentally aware tourism industry. Such is the appeal of the country that more and more people are exploring it ... more...