What’s the Difference Between a Seller’s Market and a Buyer’s Market

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What’s the Difference Between a Seller’s Market and a Buyer’s Market

1. A Seller’s Market Means High Demand and Fast Action

In a seller’s market, there are more buyers than available homes. This creates competition, drives up prices, and often leads to multiple offers and bidding wars. Homes sell quickly—sometimes above asking price—and buyers need to act fast and come prepared with pre-approval, strong offers, and limited contingencies.

2. A Buyer’s Market Gives You More Control

In a buyer’s market, there are more homes than people looking to buy. This gives you the advantage. Sellers may be more flexible on price, willing to cover closing costs, or eager to negotiate repairs. You get more time, more leverage, and more choices—which can make the process feel less pressured.

3. Knowing the Market Helps You Make Smarter Moves

Whether you’re in a seller’s or buyer’s market, the key is to adjust your strategy. In a hot market, speed and strong offers matter. In a slow market, patience and negotiation are your best friends. At Stairway Mortgage, we help you navigate both with confidence—because knowing the game is half the win.

Want to Know What Kind of Market You’re Buying In?

📘 Download our free “First-Time Buyer Game Plan” eBook — includes smart tips for both market types
💬 Chat with us live now to get a quick read on your local market
📞 Or schedule a strategy call to learn how to compete (or negotiate) like a pro.

At Stairway Mortgage, we help first-time buyers move at the right time, with the right plan.
Let’s win this market—together.

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