I was going to write something completely different, and then I ran across this post by Greg Swann at Bloodhound Blog.

I can’t do much to improve it, only echo it.

 In a seller’s market, qualified buyers are essentially a fungible quantity. Each one is simply a pile of money in the seller’s eyes — some larger, some smaller, some sooner, some later. Allowing for risks and opportunities, one is as good as another.

Not so for buyers. Houses are inherently non-fungible — each one is unique in location, appearance, construction, condition, amenities and lifestyle factors. Even with so many homes for sale right now, it can be a challenge for buyers to find even one house they are completely committed to buying.

The bottom line is that when you find a home you want to buy, don’t think that you are the only person on the planet that thinks it’s a cool place.

"Buyer’s Market? Take your time? No…" was published on February 1st, 2008 and is listed in business of real estate, buyers, real estate.

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