There is no doubt that we are in a buyer’s market. Price have fallen, and interest rates are still near record lows. In theory, buying should be pretty easy. In reality, it can be very frustrating.
Today’s buyers are dealing with low appraisals, tight loan requirements, and in some cases, the seller’s bank. Short sales tend to be available at slightly lower prices, but can also make a buyer wait mutiple weeks before getting feedback on an offer (something that can take hours or a couple of days in a conventional sale).
Here is a Trulia.com article with some remedies for those worn-out buyers in today’s market:
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