After almost 7 years of seller’s market its now the buyer’s turn to get a great deal. Two major factors:

1. Fear: Most people listing[or wanting to list] their homes are panicking that worse is yet to come and there by they will be “stuck” with their home and will not get a “good” price.
2. Unemployment rate: At 6.6%, many home owners who lost jobs and did not cushion for rough times want to sell and move on.