{"id":5521,"date":"2025-03-13T10:30:00","date_gmt":"2025-03-13T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/03\/13\/is-the-housing-market-starting-to-balance-out\/"},"modified":"2025-03-13T10:30:00","modified_gmt":"2025-03-13T10:30:00","slug":"is-the-housing-market-starting-to-balance-out","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/03\/13\/is-the-housing-market-starting-to-balance-out\/","title":{"rendered":"Is the Housing Market Starting To Balance Out?"},"content":{"rendered":"\n

$\"Is$ \n

For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory<\/a> is rising, and things are starting to shift in many areas.<\/p>\n

So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here\u2019s what you need to know.<\/p>\n

What Makes It a Buyer\u2019s Market or a Seller\u2019s Market?<\/strong><\/h4>\n
It all comes down to how many homes are for sale in an area compared to how many buyers want to buy there. That\u2019s what ultimately determines who has the most leverage.<\/p>\n
\n
A Seller\u2019s Market<\/strong> is when there are more buyers than homes available, so sellers hold the power. This leads to rising prices, multiple offers, and homes selling quickly \u2013 often above the asking price \u2013 because there isn\u2019t enough to go around.<\/li>\n
A Buyer\u2019s Market<\/strong> is when there are more homes than buyers. In this case, the tables turn. Sellers may have to offer concessions<\/a> and incentives, or negotiate more to get a deal done. That\u2019s because buyers have more choices and can take their time making decisions.<\/li>\n<\/ul>\n
You can see this play out over time using data<\/a> from the National Association of Realtors<\/em> (NAR) in the graph below:<\/p>\n
Where the Market Stands Now<\/strong><\/h4>\nWhile it\u2019s still a seller\u2019s market in many places, buyers in certain locations have more leverage than they\u2019ve had in years. And that\u2019s thanks to how much inventory has grown lately. As Lance Lambert, Co-Founder of ResiClub<\/em>, explains<\/a>:<\/p>\n
\u201cAmong the nation\u2019s 200 largest metro area housing markets, 41 markets ended January 2025 with more active homes for sale than they had in pre-pandemic January 2019. These are the places where homebuyers will be able to find the most leverage or market balance in 2025.\u201d<\/em><\/p><\/blockquote>\n
Here\u2019s a look at some of the strongest seller\u2019s markets and buyer\u2019s markets today, according to that research<\/a>:<\/p>\n
Do you know how to adjust your plans based on who\u2019s got the most negotiating power? Because an agent does. <\/strong><\/p>\n
Clever strategies can make buying in a seller\u2019s market easier \u2013 and vice versa. And that\u2019s exactly why you need to hire a pro. A local real estate agent knows their market like the back of their hand. They\u2019re super familiar with what the supply and demand balance looks like and how to help their clients get a deal done either way. So, as long as you have a skilled pro by your side, it doesn\u2019t really matter if your town is on the list or not.<\/p>\n
With their expertise, you\u2019ll be able to plan ahead and buy (or sell) no matter what the market looks like.<\/p>\n
Bottom Line<\/h3>\n
With inventory rising, the market may be starting to balance out \u2013 but it all depends on where you want to buy or sell.<\/p>\n
If you want to know who has the most leverage where you are, talk to a local real estate agent.\u00a0<\/strong><\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"
For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory is rising, and things are starting to shift in many areas. So, is the market […]<\/p>\n","protected":false},"author":1,"featured_media":5522,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-5521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/03\/20250313-Is-the-Housing-Market-Balancing-Out-original.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1r3","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=5521"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/5522"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=5521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=5521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=5521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}