Buyers vs sellers market in real estate. With the buyer also being a seller(vice versa), would that not negate the impact?

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Buyers vs sellers market in real estate. With the buyer also being a seller(vice versa), would that not negate the impact?

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Buyers aren’t always sellers (they may be buying a second house, for example). And sellers aren’t always buyers (they may be moving into a rental, for example).

Furthermore, markets are local. So a buyer/seller in one market might not necessarily be a seller/buyer in that same market.

There are sellers who are not buyers and buyers who are not sellers. For example people getting their first home, selling a home they inherited, buying a home after getting divorced, or selling to move together with their loved ones, buying or selling a second home, buying in one area and selling in another, etc.

If the seller is also a buyer, and they’re buying in the same or similar market, then yes it pretty much negates the impact.

Buyer’s vs seller’s market is just a way of comparing the number of people attempting to buy a house against the number of houses up for sale. Both local and global factors impact this, for example a new factory opening in town, or increased tariffs on building supplies.

As for buyers also being sellers, that does have some impact, but maybe not as big an impact as you’d think. A seller may be building a new home instead of buying one, or a buyer might currently be renting. In either case somebody may be moving to a different region with a different balance of buyers vs sellers, because you’re only competing for houses in whatever area you consider a reasonable commute.

Put everything else away but see cost. In a higher prices market, price related cost is good for mortgage companies, real estate agencies, insurance companies and so on. The playfield is always leveled in a way that stuff floats….away from you into the pocket of one skimmer or the other