Buyer's Guide
Lansing Area Real Estate
Buyers' Market and Sellers' Market

Our national and local economy is based upon business growth and goes through natural cycles. When the economy is growing at a steady rate everyone feels confident about his or her prospects for the future. They eat better, take more vacations, buy new cars...and they buy homes.

When the economy slows down, companies lay off employees and consumers are faced with an uncertain future. They become more conservative and spend less. This often causes the economy to decelerate even further and can lead to a recession.

During such a time, fewer people are buying homes. Still, many homeowners find themselves in a situation where they must sell. Employees get relocated, families outgrow their home, while retirements and job layoffs change the flow of available cash making it difficult to maintain a mortgage payment.

In the business cycle of real estate, there are buyers' markets and sellers' markets...and sometimes a stable market. It's all based on supply and/or demand.

Sellers' Market

You may have heard of someone selling their home during a "hot" real estate market, when homes would sell in a day or two, with multiple offers for over the asking price. When inventories are low and there are a lot of buyers in the market, sellers can expect to get a higher price due to little competition. 

Buyers' Market
When inventories increase, average marketing time increases. It takes longer for buyers to review the inventory and they are less likely to make full price offers. Sellerís will usually see fewer offers and will need to be more flexible with those they do receive. Buyers can generally do well in during a buyers' market.

Stable market
This condition exists when there seems to be an even balance between available homes and the number of perspective buyers. Homes in need of updating or repair will remain on the market longer than during a seller's market, but really nice homes will continue to sell quickly and more profitably.

Lansing, East Lansing, Okemos, Haslett, Williamston, DeWitt, Bath, Perry, Holt, Mason, Leslie, Dansville
Stockbridge,  Webberville, Grand Ledge, Charlotte, Olivet, Potterville, Eaton Rapids, St. Johns, Laingsburg, Owosso, Portland

2152 Commons Parkway, Okemos, Michigan 48864

Office:   517-324-3200
Fax:   517-324-3201
Toll Free:   877-326-3772


Contact Agents


Top level Real Estate services for...

  Bath Real Estate
Charlotte Real Estate
Dansville Real Estate
DeWitt Real Estate
East Lansing Real Estate
Eaton Rapids Real Estate
Grand Ledge Real Estate
Haslett Real Estate
Holt Real Estate
Laingsburg Real Estate
Lansing Real Estate
Leslie Real Estate
Mason Real Estate
Olivet Real Estate
Okemos Real Estate
Perry Real Estate
Portland Real Estate
Potterville Real Estate
St. Johns Real Estate
Stockbridge Real Estate
Williamston Real Estate
Webberville Real Estate

©TheLawtonGroup 2015

Lansing Michigan Homes For Sale | Relocation | Buying | Selling | MLS Search

Member of the Greater Lansing Association of Realtors
Michigan Association of Realtors       National Association of Realtors