It's now a buyer's market.

[Chris Mason]

Hypothesis: It's now a buyer's market. Some of the agents, who often only participate in one transaction every month or two, and are thus unaware, leading to some quirky anomalies (since buyers/sellers trust their agents to tell them "how things are"). But overall we're seeing price drops outnumber bidding wars or price increases.

Discuss. :)

[Will Gaston]

Can someone please notify the sellers in my market about this? They seem to be very much unaware.