[1] How To Sell Your House In A Buyers Market: “In todays real state market, buyers are choosier, homes are staying on the market longer, and prices aren’t rising as quickly as they once did. In many real estate markets in the past, sellers have wielded more power than buyers. But in todays market, buyers are gaining more leverage. Sellers are reluctant to drop their asking prices, but a lot of them might have to ‘because the buyers now have a little more control, a little more power.’ With stricter lending laws, a rise in home foreclosures, and builders offering incentives to buy new construction homes, the existing home market has become more difficult to move. With a limited number of buyers who can qualify for a mortgage, buyers can make favorable demands to get the best deal on their behalf.”

[2] 505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.