Buyers rule autumn housing markets

By Marcie Geffner, Cyberhomes Contributor
November 04, 2008

No one likes to negotiate from a position of weakness. Yet that’s the challenge most home sellers faced in U.S. housing markets in September: More homes were for sale, prices were lower and homes remained on the market for months at a stretch before they were sold.

Yet just as one condo owner’s ceiling is another condo owner’s floor, those same market conditions added up to good news for home buyers. Competition, pricing pressure and delay worked in their favor.

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